Banco Santander (Brasil) (BSBR) Expected to Announce Earnings on Wednesday

Banco Santander (Brasil) (NYSE:BSBR) is expected to release its earnings data on Wednesday, February 5th. Analysts expect Banco Santander (Brasil) to post earnings of $0.18 per share and revenue of $3.19 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Banco Santander (Brasil) Price Performance

BSBR stock opened at $4.50 on Tuesday. The firm has a 50 day moving average of $4.13 and a 200-day moving average of $4.81. 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 12-month low of $3.75 and a 12-month high of $6.01.

Banco Santander (Brasil) Cuts Dividend

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

Wall Street Analyst Weigh In

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

About Banco Santander (Brasil)

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.