Banco Santander (Brasil) Income Statement

Financials in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	161,361	137,183	128,283	115,225	77,987
Interest Paid on Deposits	130,279	80,505	81,399	67,722	26,669
Net Interest Income	31,082	56,679	46,884	47,503	51,318
Net Interest Income Growth (YoY)	-45.16%	20.89%	-1.30%	-7.43%	15.47%
Gain (Loss) on Sale of Assets	-	1,912	1,044	131.48	32.51
Gain (Loss) on Sale of Investments	-	-1,359	2,730	4,153	221.78
Gain (Loss) on Sale of Equity Investments	325.36	312.99	239.24	199.18	144.18
Other Non-Interest Income	11,774	18,124	16,012	14,619	12,242
Total Non-Interest Income	12,100	18,991	20,024	19,103	12,640
Non-Interest Income Growth (YoY)	-36.29%	-5.16%	4.82%	51.13%	207.77%
Revenues Before Loan Losses	43,182	75,670	66,908	66,606	63,959
Provision for Loan Losses	-	28,484	28,008	24,829	17,113
Revenue	43,182	47,185	38,900	41,777	46,846
Revenue Growth (YoY)	-8.48%	21.30%	-6.89%	-10.82%	50.63%
Salaries and Employee Benefits	12,429	11,304	10,650	9,857	9,002
Occupancy Expenses	-	1,586	1,842	1,860	1,851
Amortization of Goodwill & Intangibles	-	1,145	899.33	725.46	583.14
Selling, General & Administrative	13,834	8,959	8,739	8,234	8,112
Other Non-Interest Expense	10,013	357.64	403.85	279.13	2,517
Total Non-Interest Expense	25,874	23,351	22,534	20,956	22,065
EBT Excluding Unusual Items	17,308	23,834	16,366	20,821	24,780
Asset Writedown	-	-48.9	-19.47	-31.25	-30.16
Legal Settlements	-	-4,595	-4,424	-1,215	-
Pretax Income	17,308	19,190	11,922	19,575	24,750
Income Tax Expense	1,552	5,776	2,423	5,235	9,191
Earnings From Continuing Operations	15,756	13,414	9,499	14,339	15,559
Minority Interest in Earnings	-417.63	-48.26	-49.5	-52.38	-31.27
Net Income	15,339	13,366	9,449	14,287	15,528
Net Income to Common	15,339	13,366	9,449	14,287	15,528
Net Income Growth	14.76%	41.44%	-33.86%	-7.99%	15.72%
Basic Shares Outstanding	-	3,730	3,722	3,718	3,734
Diluted Shares Outstanding	-	3,730	3,722	3,718	3,734
Shares Change (YoY)	-	0.21%	0.11%	-0.41%	0.08%
EPS (Basic)	-	3.58	2.54	3.84	4.16
EPS (Diluted)	-	3.58	2.54	3.84	4.16
EPS Growth	-	41.15%	-33.93%	-7.61%	15.63%
Effective Tax Rate	8.96%	30.10%	20.32%	26.75%	37.13%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.