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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.93
BSBR's Cash to Debt is ranked higher than
72% of the 1274 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.10 vs. BSBR: 0.93 )
BSBR' s 10-Year Cash to Debt Range
Min: 0.2   Max: No Debt
Current: 0.93

Equity to Asset 0.19
BSBR's Equity to Asset is ranked higher than
91% of the 1589 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.10 vs. BSBR: 0.19 )
BSBR' s 10-Year Equity to Asset Range
Min: 0.15   Max: 0.22
Current: 0.19

0.15
0.22
Interest Coverage 0.17
BSBR's Interest Coverage is ranked lower than
55% of the 1350 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.10 vs. BSBR: 0.17 )
BSBR' s 10-Year Interest Coverage Range
Min: 0.08   Max: 0.54
Current: 0.17

0.08
0.54
F-Score: 4
Z-Score: 0.07
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 8.60
BSBR's Operating margin (%) is ranked higher than
50% of the 1455 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 30.05 vs. BSBR: 8.60 )
BSBR' s 10-Year Operating margin (%) Range
Min: 4.46   Max: 26.82
Current: 8.6

4.46
26.82
Net-margin (%) 13.35
BSBR's Net-margin (%) is ranked higher than
59% of the 1563 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 20.45 vs. BSBR: 13.35 )
BSBR' s 10-Year Net-margin (%) Range
Min: 13.35   Max: 22
Current: 13.35

13.35
22
ROE (%) 6.70
BSBR's ROE (%) is ranked higher than
68% of the 1547 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 7.96 vs. BSBR: 6.70 )
BSBR' s 10-Year ROE (%) Range
Min: 4.82   Max: 19.92
Current: 6.7

4.82
19.92
ROA (%) 1.29
BSBR's ROA (%) is ranked higher than
90% of the 1556 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.74 vs. BSBR: 1.29 )
BSBR' s 10-Year ROA (%) Range
Min: 0.79   Max: 1.97
Current: 1.29

0.79
1.97
ROC (Joel Greenblatt) (%) 59.10
BSBR's ROC (Joel Greenblatt) (%) is ranked higher than
68% of the 1430 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 78.30 vs. BSBR: 59.10 )
BSBR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 37.74   Max: 199.17
Current: 59.1

37.74
199.17
Revenue Growth (%) -0.40
BSBR's Revenue Growth (%) is ranked higher than
70% of the 1281 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.00 vs. BSBR: -0.40 )
BSBR' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 12.2
Current: -0.4

0
12.2
EBITDA Growth (%) 15.20
BSBR's EBITDA Growth (%) is ranked higher than
81% of the 1123 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 7.20 vs. BSBR: 15.20 )
BSBR' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 15.2
Current: 15.2

0
15.2
EPS Growth (%) -9.10
BSBR's EPS Growth (%) is ranked higher than
56% of the 1105 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 9.50 vs. BSBR: -9.10 )
BSBR' s 10-Year EPS Growth (%) Range
Min: 0   Max: 27.6
Current: -9.1

0
27.6
» BSBR's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

BSBR Guru Trades in Q2 2013

Tweedy Browne Global Value 14,719,275 sh (New)
Tweedy Browne 39,984,793 sh (New)
Charles Brandes 27,113,872 sh (+6.36%)
Pioneer Investments 429,699 sh (unchged)
NWQ Managers 26,096 sh (unchged)
Steven Cohen Sold Out
Jeremy Grantham 8,260,595 sh (-11.91%)
» More
Q3 2013

BSBR Guru Trades in Q3 2013

Steven Cohen 16,900 sh (New)
Caxton Associates 600,000 sh (New)
Tweedy Browne Global Value 18,693,570 sh (+27%)
Tweedy Browne 48,487,074 sh (+21.26%)
Charles Brandes 31,754,370 sh (+17.11%)
Pioneer Investments 429,699 sh (unchged)
Jeremy Grantham 8,098,595 sh (-1.96%)
NWQ Managers 3,965 sh (-84.81%)
» More
Q4 2013

BSBR Guru Trades in Q4 2013

Paul Tudor Jones 31,097 sh (New)
David Dreman 7,488 sh (New)
Tweedy Browne 49,203,606 sh (+1.48%)
Charles Brandes 32,062,727 sh (+0.97%)
Tweedy Browne Global Value 18,693,570 sh (unchged)
Caxton Associates Sold Out
Steven Cohen Sold Out
NWQ Managers Sold Out
Jeremy Grantham 7,462,495 sh (-7.85%)
Pioneer Investments 244,819 sh (-43.03%)
» More
Q1 2014

BSBR Guru Trades in Q1 2014

Tweedy Browne Global Value 25,020,076 sh (+33.84%)
» More
» Details

Insider Trades

Latest Guru Trades with BSBR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Dreman 2013-12-31 New Buy$5.93 - $7.24 $ 5.81-12%7488
Tweedy Browne 2013-09-30 Add 21.26%1.42%$5.57 - $7.01 $ 5.81-4%48487074
Charles Brandes 2013-09-30 Add 17.11%0.45%$5.57 - $7.01 $ 5.81-4%31754370
Tweedy Browne 2013-06-30 New Buy6.2%$6.14 - $7.46 $ 5.81-18%39984793
Charles Brandes 2013-06-30 Add 6.36%0.14%$6.14 - $7.46 $ 5.81-18%27113872
Charles Brandes 2012-12-31 Add 34.39%0.56%$6.6 - $7.48 $ 5.81-17%25271443
Steve Mandel 2012-09-30 Sold Out 0.74%$6.87 - $8.32 $ 5.81-24%0
Charles Brandes 2012-06-30 Add 55.69%0.54%$7.27 - $9.27 $ 5.81-28%18171015
Steve Mandel 2012-06-30 Add 29.32%0.17%$7.27 - $9.27 $ 5.81-28%16190134
Steve Mandel 2012-03-31 New Buy0.7%$8.13 - $11.14 $ 5.81-10%12519785
Charles Brandes 2012-03-31 Add 40.13%0.27%$8.13 - $11.14 $ 5.81-10%11671308
John Griffin 2011-12-31 Sold Out 0.73%$6.9 - $9.56 $ 5.8141%0
Charles Brandes 2011-12-31 Add 62.23%0.24%$6.9 - $9.56 $ 5.8141%8329063
Lee Ainslie 2011-09-30 Sold Out 2.5828%$7.57 - $11.58 $ 5.81-37%0
John Griffin 2011-09-30 Reduce -50.23%0.87%$7.57 - $11.58 $ 5.81-37%4897100
Charles Brandes 2011-09-30 Add 45.47%0.11%$7.57 - $11.58 $ 5.81-37%5134123
Lee Ainslie 2011-06-30 New Buy2.58%$10.65 - $12.35 $ 5.81-48%22879826
George Soros 2011-06-30 Sold Out $10.65 - $12.35 $ 5.81-48%0
Charles Brandes 2011-03-31 Add 55.5%0.1%$11.17 - $13.69 $ 5.81-52%3209173
George Soros 2011-03-31 New Buy$11.17 - $13.69 $ 5.81-52%16200
Premium More recent guru trades are included for Premium Members only!!
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Guru Investment Theses on Banco Santander Brasil SA/Brazil

Tweedy Browne Comments on Banco Santander - Nov 26, 2013

Banco Santander (Brasil) represents our first investment in a Brazilian company. With emerging markets such as Brazil contracting somewhat as China slows, and money moving out of emerging markets based on expectations of a change in U.S. Federal Reserve monetary policy, we were afforded a pricing opportunity in what we believe to be a very attractive bank. Although Banco Santander S.A. (BSBR), a large Spanish bank, is a significant shareholder of Banco Santander (Brasil), the Brazilian bank is an independently listed subsidiary with its own management team, board of directors, and capital base. At initial purchase, Banco Santander (Brasil) was trading right around tangible book value, below 10 times 2013 estimated earnings, and had a dividend yield of approximately 5%. For a bank, it is extremely underleveraged (19.9% Tier 1 capital ratio), has high net interest margins, and among its three local competitors, has the highest consumer exposure to what we believe will continue to be a rapidly growing middle class over the longer term in Brazil.

From Tweedy Browne's semi-annual 2013 report.
Check out Tweedy Browne latest stock trades

Top Ranked Articles about Banco Santander Brasil SA/Brazil

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Tweedy Browne (Trades, Portfolio) is a 93-year-old fund which focuses on undervalued securities, and which gained its investment approach from the late Benjamin Graham. The fund is owned and managed by William Browne, Thomas Shrager, John Spears and Robert Wyckoff, Jr. Read more...
Tweedy Browne Comments on Banco Santander
Banco Santander (Brasil) represents our first investment in a Brazilian company. With emerging markets such as Brazil contracting somewhat as China slows, and money moving out of emerging markets based on expectations of a change in U.S. Federal Reserve monetary policy, we were afforded a pricing opportunity in what we believe to be a very attractive bank. Although Banco Santander S.A. (BSBR), a large Spanish bank, is a significant shareholder of Banco Santander (Brasil), the Brazilian bank is an independently listed subsidiary with its own management team, board of directors, and capital base. At initial purchase, Banco Santander (Brasil) was trading right around tangible book value, below 10 times 2013 estimated earnings, and had a dividend yield of approximately 5%. For a bank, it is extremely underleveraged (19.9% Tier 1 capital ratio), has high net interest margins, and among its three local competitors, has the highest consumer exposure to what we believe will continue to be a rapidly growing middle class over the longer term in Brazil. Read more...
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Tweedy Browne Global Value Fund Buys 3 New Stocks
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Tweedy, Browne Buys 2 New Stocks
Tweedy, Browne, a global value investment firm with $15.6 billion in assets under management, has been pursuing Ben Graham-style, undervalued stocks for 93 years. From the bottom of the financial crisis in March 2009 through the second quarter, Tweedy, Browne’s funds have compounded on an average annual rate between 19.27% and 21.07%. Read more...

Ratios

vs
industry
vs
history
P/B 0.59
BSBR's P/B is ranked higher than
89% of the 1477 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.10 vs. BSBR: 0.59 )
BSBR' s 10-Year P/B Range
Min: 0.46   Max: 1.36
Current: 0.59

0.46
1.36
P/S 0.66
BSBR's P/S is ranked higher than
96% of the 1640 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.88 vs. BSBR: 0.66 )
BSBR' s 10-Year P/S Range
Min: 0.64   Max: 1.66
Current: 0.66

0.64
1.66
EV-to-EBIT 41.63
BSBR's EV-to-EBIT is ranked lower than
68% of the 1410 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 15.82 vs. BSBR: 41.63 )
BSBR' s 10-Year EV-to-EBIT Range
Min: 0.6   Max: 34.9
Current: 41.63

0.6
34.9

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.52
BSBR's Dividend Yield is ranked higher than
87% of the 1315 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.40 vs. BSBR: 4.52 )
BSBR' s 10-Year Dividend Yield Range
Min: 0.65   Max: 4.19
Current: 4.52

0.65
4.19
Dividend Payout 0.15
BSBR's Dividend Payout is ranked higher than
87% of the 1131 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.32 vs. BSBR: 0.15 )
BSBR' s 10-Year Dividend Payout Range
Min: 0.01   Max: 0.87
Current: 0.15

0.01
0.87
Dividend growth (3y) 28.60
BSBR's Dividend growth (3y) is ranked higher than
92% of the 810 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 4.20 vs. BSBR: 28.60 )
BSBR' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 28.6
Current: 28.6

0
28.6
Yield on cost (5-Year) 4.60
BSBR's Yield on cost (5-Year) is ranked higher than
76% of the 1328 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 2.62 vs. BSBR: 4.60 )
BSBR' s 10-Year Yield on cost (5-Year) Range
Min: 0.65   Max: 4.19
Current: 4.6

0.65
4.19
Share Buyback Rate -5.00
BSBR's Share Buyback Rate is ranked higher than
63% of the 1172 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: -2.60 vs. BSBR: -5.00 )
BSBR' s 10-Year Share Buyback Rate Range
Min: 0   Max: -26.6
Current: -5

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.91
BSBR's Price/Tangible Book is ranked higher than
83% of the 1362 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 1.24 vs. BSBR: 0.91 )
BSBR' s 10-Year Price/Tangible Book Range
Min: 1.03   Max: 2.51
Current: 0.91

1.03
2.51
Price/Graham Number 0.60
BSBR's Price/Graham Number is ranked higher than
83% of the 1341 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 0.90 vs. BSBR: 0.60 )
BSBR' s 10-Year Price/Graham Number Range
Min: 0.52   Max: 1.41
Current: 0.6

0.52
1.41
Earnings Yield (Greenblatt) 2.40
BSBR's Earnings Yield (Greenblatt) is ranked lower than
59% of the 1411 Companies
in the Global Banks - Regional - Latin America industry.

( Industry Median: 6.40 vs. BSBR: 2.40 )
BSBR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.9   Max: 158.6
Current: 2.4

2.9
158.6

Business Description

Industry: Banks » Banks - Regional - Latin America
Compare: » details
Traded in other countries:DBSA.Germany
Banco Santander Brasil SA/Brazil is a full-service bank in Brazil. The Company has three business segments: Commercial Banking, Global Wholesale Banking and Asset Management and Insurance.

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