Banco Santander Brasil Shares Fall After HSBC Downgrade

Banco Santander (Brasil) S.A. (BSBR) held its Q2 2026 earnings call. Management reported recurring net income of BRL 3 billion and ROAE of 12.5%. It said it reduced exposure to low-income clients by 30%, grew loans in cards, customer finance and SMEs, and increased transactional deposits 18%. The efficiency ratio was 39.3%, with BRL 700 million in one-off provisioning items.

Santander Brasil (BSBR) held its Q2 2026 earnings call. Management reported recurring net income of BRL 3 billion and ROAE of 12.5%, citing a tougher macro environment and higher cost of risk. It said it cut exposure to low-income clients by 30%, grew loans in cards, consumer finance and SMEs, and expanded Santander Rewards and PIX usage while maintaining a 50% payout benchmark.

Banco Santander (Brasil) S.A. (BSBR) furnished an SEC Form 6-K — earnings release. santander.com.br/ri/en/ https://www.santander.com.br/ri/en/ Performance analysis 3 Strategy progress 4 Customer centricity 4 Executive summary 5 Income Statement and Balance Sheet Analysis 6 Managerial income statement 6 Net interest income 7 Fees 8 Result from loan losses and co

Banco Santander reported Q2 2026 profit attributable to the parent up 3% to €3.52 billion, and underlying profit attributable up 17% to €3.77 billion. Underlying profit before tax rose 14% to €5.32 billion. For FY26, Santander confirmed targets including mid-single-digit revenue growth, lower constant-euro costs, and CET1 of 12.8% to 13%.

Chile’s S&P IPSA fell 0.73% to 10,747.02 on Tuesday (May 26), after a 2.48% copper-amplified gain on Monday, according to the Bolsa de Comercio de Santiago. The index opened near Monday’s close and traded in a narrow range. The Banco Central of Chile’s policy rate is 4.50%, with a June cut toward 4.25% in view.

Banco Santander Brasil insider Eduardo Alvarez Garrido sold 7,500 shares on May 20 at an average $5.43, totaling $40,725, according to an SEC filing. After the sale, he directly owned 24,701 shares (~$134,126). The article also notes a prior sale of 16,500 shares on March 26 at $5.95 ($98,175) and a special dividend of $0.1064 paid May 18.