Banco Santander (Brasil) (BSBR) to Release Quarterly Earnings on Wednesday

Banco Santander (Brasil) (NYSE:BSBR) is anticipated to issue its quarterly earnings data on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $3.19 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Banco Santander (Brasil) Trading Down 0.3 %

Shares of NYSE:BSBR opened at $4.50 on Tuesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.25. Banco Santander has a 1 year low of $3.75 and a 1 year high of $6.01. The stock has a 50-day simple moving average of $4.13 and a 200-day simple moving average of $4.81.

Banco Santander (Brasil) Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Friday, January 24th will be given a $0.066 dividend. This represents a $0.26 annualized dividend and a dividend yield of 5.87%. The ex-dividend date of this dividend is Friday, January 24th.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. StockNews.com cut shares of Banco Santander (Brasil) from a “buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Bank of America downgraded Banco Santander (Brasil) from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. raised Banco Santander (Brasil) from a “neutral” rating to an “overweight” rating and reduced their price target for the stock from $7.00 to $6.00 in a research report on Monday, November 25th.

Banco Santander (Brasil) Company Profile

Banco Santander (Brasil) SA, together with its subsidiaries, provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally. The company operates through Commercial Banking and Global Wholesale Banking segments. It offers local loans, commercial financing options, development bank funds, and cash management services; export and import financing, guarantees, structuring of asset services.