Banco Santander Brasil files exchange offers for Banco Santander Brasil stock

Published on 10/06/2026 at 05:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parent Santander filed exchange documents on September 21, 2026. Banco Santander Brasil stock's market cap is USD 43.3 billion on October 5, 2026.

BSBR, US05967A1079, Illustration mit AI erstellt.

Banco Santander Brasil (ISIN US05967A1079) had a USD 43.3 billion market capitalization on October 5, 2026, while its NYSE quote was last at USD 5.78. On September 21, 2026, StockTitan reported that Banco Santander Brasil filed key documents for voluntary exchange offers covering securities in Brazil and the United States.

Exchange offer enters filing stage

The filing includes a Form F-4 registration statement submitted to the U.S. Securities and Exchange Commission, a tender offer notice filed with Brazil's CVM and a request to register Santander's Brazilian depositary receipts program. Banco Santander Brasil also received an independent appraisal report prepared by UBS BB Corretora for the proposed Brazilian exchange offer, according to StockTitan.

The transaction matters for BSBR holders because the exchange structure could change the U.S. listing's liquidity profile. The same filing identifies Banco Santander Brasil as a publicly traded company with the NYSE ticker BSBR and says definitive terms will be contained in later offer documentation.

Second-quarter earnings set the test

Banco Santander Brasil reported recurring net income of BRL 3.0 billion for the second quarter of 2026 and return on average equity of 12.50 percent, according to Investing.com. Loan-loss provisions included BRL 700.0 million in one-off items, adding a measurable counterweight to the earnings figure.

FundSpec lists second-quarter 2026 earnings per share at USD 0.07 against a USD 0.20 consensus estimate, a shortfall of 65.00 percent. The revenue figure was USD 4.1 billion for the same period, giving investors a direct comparison between reported profitability and expectations.

Next results date is October 28

Santander lists the next BR GAAP results disclosure for October 28, 2026, at 10:00 a.m. Sao Paulo time. The prior close at Lang & Schwarz was EUR 5.15 on October 2, 2026, while the primary-exchange quote was last at USD 5.78 on October 5, 2026 at 4:00 p.m. ET.