Banco Santander (Brasil) S.A. (BVMF:SANB3)

Banco Santander (Brasil) Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	137,183	128,283	115,225	77,987	62,775
Interest Paid on Deposits	80,505	81,399	67,722	26,669	18,332
Net Interest Income	56,679	46,884	47,503	51,318	44,443
Net Interest Income Growth (YoY)	20.89%	-1.30%	-7.43%	15.47%	0.27%
Income From Trading Activities	-	-	-	-	12,123
Gain (Loss) on Sale of Assets	1,912	1,044	131.48	32.51	308.18
Gain (Loss) on Sale of Investments	-1,359	2,730	4,153	221.78	875.27
Gain (Loss) on Sale of Equity Investments	312.99	239.24	199.18	144.18	112.26
Other Non-Interest Income	18,124	16,012	14,619	12,242	-9,312
Total Non-Interest Income	18,991	20,024	19,103	12,640	4,107
Non-Interest Income Growth (YoY)	-5.16%	4.82%	51.13%	207.77%	-71.61%
Revenues Before Loan Losses	75,670	66,908	66,606	63,959	48,550
Provision for Loan Losses	28,484	28,008	24,829	17,113	17,450
Revenue	47,185	38,900	41,777	46,846	31,100
Revenue Growth (YoY)	21.30%	-6.89%	-10.82%	50.63%	-31.53%
Salaries and Employee Benefits	11,304	10,650	9,857	9,002	8,852
Occupancy Expenses	1,586	1,842	1,860	1,851	2,040
Amortization of Goodwill & Intangibles	1,145	899.33	725.46	583.14	539.32
Selling, General & Administrative	8,959	8,739	8,234	8,112	7,983
Other Non-Interest Expense	357.64	403.85	279.13	2,517	298.74
Total Non-Interest Expense	23,351	22,534	20,956	22,065	19,713
EBT Excluding Unusual Items	23,834	16,366	20,821	24,780	11,387
Asset Writedown	-48.9	-19.47	-31.25	-30.16	-66.27
Legal Settlements	-4,595	-4,424	-1,215	-	-1,657
Pretax Income	19,190	11,922	19,575	24,750	9,664
Income Tax Expense	5,776	2,423	5,235	9,191	-3,787
Earnings From Continuing Operations	13,414	9,499	14,339	15,559	13,451
Minority Interest in Earnings	-48.26	-49.5	-52.38	-31.27	-32.22
Net Income	13,366	9,449	14,287	15,528	13,419
Net Income to Common	13,366	9,449	14,287	15,528	13,419
Net Income Growth	41.44%	-33.86%	-7.99%	15.72%	-18.21%
Basic Shares Outstanding	7,459	7,451	7,436	7,469	7,465
Diluted Shares Outstanding	7,459	7,451	7,436	7,469	7,465
Shares Change (YoY)	0.10%	0.20%	-0.44%	0.06%	-0.01%
EPS (Basic)	1.79	1.27	1.92	2.08	1.80
EPS (Diluted)	1.79	1.27	1.92	2.08	1.80
EPS Growth	41.30%	-33.99%	-7.58%	15.65%	-18.20%
Dividend Per Share	0.853	0.874	0.957	1.538	0.539
Dividend Growth	-2.30%	-8.70%	-37.78%	185.11%	-64.45%
Effective Tax Rate	30.10%	20.32%	26.75%	37.13%	-

Source: S&P Global Market Intelligence. Banks template. Financial Sources.