WallStSmart
BSBR

Banco Santander Brasil SA ADR

NYSE: BSBR · FINANCIAL SERVICES · BANKS - REGIONAL

$5.87
+2.09% today

Updated 2026-04-30

Market cap
$44.71B
P/E ratio
18.09
P/S ratio
0.98x
EPS (TTM)
$0.33
Dividend yield
5.67%
52W range
$4 – $7
Volume
1.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Banco Santander Brasil SA ADR (BSBR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$5.87
Consensus
$6.13
+4.43%
2030 Target
$187.55
+3095.06%
DCF
—
—
1 analysts:
1 Buy1 Hold1 Sell

Management guidance

No specific revenue targets disclosed by CEO Mario Leão or incoming CEO Gilson Finkelsztain. Management is focused on achieving >20% ROE (vs. Q4 2025 actual of 17.6%), AI-driven transformation, and cloud platform migration in 2026. No explicit revenue CAGR or absolute revenue targets announced for 2026-2030.

Sources: Management guidance, analyst consensus, sector analysismedium confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$312.18
$116.9B Rev × 20x P/S
Base case (2030)
$187.55
$116.9B Rev × 12x P/S
Bear case (2030)
$124.63
$116.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$121.4B$129.0B$151.5B$92.3B$98.3B$104.5B$110.7B$116.9B
Revenue growth—6.3%17.5%101.9%6.6%6.2%5.9%5.6%
EPS$0.26$0.43$0.65$4.77$5.41$5.85$6.22$6.58
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$147.62$157.30$167.58$177.27$187.55

Catalysts & risks

Growth catalysts
+ CEO transition (Gilson Finkelsztain takes over by July 2026) with market confidence from XP note (+6.38% after-hours)
+ AI-driven efficiency gains targeting >20% ROE; 60% of customer interactions already personalized
+ Cloud platform migration in 2026 expected to enhance operational efficiency and scalability
+ Double-digit growth momentum in Consumer Finance, SME, and Credit Card segments in Q4 2025
+ Capital raise (R$750.6M subordinated issue, March 2026) to support regulatory capital base and growth capacity
Key risks
- Revenue declined 3.21% YoY in 2025 (BRL 45.67B) after strong 2024 (+21.30%); near-term deceleration risk continues
- Brazilian macroeconomic uncertainty: interest rate volatility, political risk, and regulatory scrutiny on Brazilian banks
- Leadership transition execution risk; CEO Mario Leão departure after 11 years may create strategic continuity gaps
- Analyst consensus is sparse (only 1 rated) and outdated; limited forward guidance from buyside research
- Valuation compressed: Forward P/E of 6.18x appears cheap but reflects margin compression and growth uncertainty

Methodology

Banco Santander Brasil SA ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 1 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.