Banco Santander (Brasil) S.A. (BSBR)

Banco Santander (Brasil) Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	138,735	128,283	115,225	77,987	62,775	72,841
Interest Paid on Deposits	103,611	81,399	67,722	26,669	18,332	28,520
Net Interest Income	15,269	46,884	47,503	51,318	44,443	44,321
Net Interest Income Growth (YoY)	-24.06%	-1.30%	-7.43%	15.47%	0.27%	5.72%
Income From Trading Activities	-	-	-	-	12,123	2,391
Gain (Loss) on Sale of Assets	1,044	1,044	131.48	32.51	308.18	20.49
Gain (Loss) on Sale of Investments	1,196	2,730	4,153	221.78	875.27	71.47
Gain (Loss) on Sale of Equity Investments	239.24	239.24	199.18	144.18	112.26	149.49
Other Non-Interest Income	52,728	16,012	14,619	12,242	-9,312	11,836
Total Non-Interest Income	55,206	20,024	19,103	12,640	4,107	14,468
Non-Interest Income Growth (YoY)	5.42%	4.82%	51.13%	207.77%	-71.61%	86.88%
Revenues Before Loan Losses	70,475	66,908	66,606	63,959	48,550	58,789
Provision for Loan Losses	23,262	28,008	24,829	17,113	17,450	13,370
Revenue	47,213	38,900	41,777	46,846	31,100	45,420
Revenue Growth (YoY)	8.02%	-6.89%	-10.82%	50.63%	-31.53%	22.92%
Salaries and Employee Benefits	11,418	10,650	9,857	9,002	8,852	9,239
Occupancy Expenses	1,842	1,842	1,860	1,851	2,040	1,871
Amortization of Goodwill & Intangibles	899.33	899.33	725.46	583.14	539.32	521.02
Selling, General & Administrative	8,868	8,739	8,234	8,112	7,983	7,590
Other Non-Interest Expense	7,531	4,828	1,495	2,517	298.74	139.52
Total Non-Interest Expense	29,694	26,959	22,171	22,065	19,713	19,361
EBT Excluding Unusual Items	17,519	11,941	19,606	24,780	11,387	26,059
Asset Writedown	-19.47	-19.47	-31.25	-30.16	-66.27	-103.92
Legal Settlements	-	-	-	-	-1,657	-3,682
Pretax Income	17,500	11,922	19,575	24,750	9,664	22,273
Income Tax Expense	5,082	2,423	5,235	9,191	-3,787	5,642
Earnings From Continuing Operations	12,418	9,499	14,339	15,559	13,451	16,631
Minority Interest in Earnings	-91.93	-49.5	-52.38	-31.27	-32.22	-224.52
Net Income	12,326	9,449	14,287	15,528	13,419	16,407
Net Income to Common	12,326	9,449	14,287	15,528	13,419	16,407
Net Income Growth	26.50%	-33.86%	-7.99%	15.72%	-18.21%	30.40%
Basic Shares Outstanding	7,460	7,451	7,436	7,469	7,465	7,466
Diluted Shares Outstanding	7,460	7,451	7,436	7,469	7,465	7,466
Shares Change (YoY)	0.22%	0.20%	-0.44%	0.06%	-0.01%	-0.14%
EPS (Basic)	1.65	1.27	1.92	2.08	1.80	2.20
EPS (Diluted)	1.65	1.27	1.92	2.08	1.80	2.20
EPS Growth	26.22%	-34.00%	-7.58%	15.65%	-18.20%	30.57%
Dividend Per Share	0.844	0.874	0.957	1.538	0.539	1.517
Dividend Growth	-12.72%	-8.70%	-37.78%	185.11%	-64.45%	63.82%
Effective Tax Rate	29.04%	20.32%	26.74%	37.13%	-	25.33%

Source: S&P Capital IQ. Banks template. Financial Sources.