Banco Santander Brasil

With its headquarters in So Paulo, Brazil, Banco Santander (Brasil) S.A. is the Spanish Santander Group's Brazilian affiliate. It is the largest division of the group outside of Europe and the fifth-largest banking institution in Brazil and Latin America as of 2019. By 2019, it will be responsible for about 30% of the group's global financial earnings. The bank is listed on the NYSE through ADRs and on the B3 in Sao Paulo.

After Ita Unibanco, Banco do Brasil, Banco Bradesco, and Caixa Econômica Federal as the fifth largest banks in the nation, Banco Santander, which was founded in 1982, expanded significantly in Brazil between 1997 and 2007. IWith a network of 3696 branches, service centers, and 18,312 ATMs, it works in all financial market areas and has more than 9 million customers.

The market capitalization of Bank Santander Brasil as of March 2023 is $37.98 billion. By market capitalization, Banco Santander Brazil is now the 453rd most valuable company in the world. The most recent financial reports from Bank Santander Brasil show that the company's current revenue (TTM) is $8.43 Billion. The company's revenue in 2021 increased from the $6.05 billion in 2020 to $9.07 billion.

Founded: 15 May 1857
Headquarters: Santander (legal headquarters) and Boadilla del Monte, Community of Madrid (operating headquarters), Spain
Website: http://www.santander.com.br/