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About Santander Brasil

Corporate Profile

We are the third largest private bank in Brazil and the only international bank with scale in the country. We operate in the retail and wholesale segments with high value-added offerings, which enable us to provide a wide range of products and services for individuals, small and medium-sized enterprises and wholesale.
We are part of the Santander Group, a financial institution founded in Spain, which gives us significant competitive advantages, such as access to the Group’s global operations network, leveraging best practices and risk management implemented in other units, in addition to allowing us to offer customers an array of products distinguished by our strong global presence.
Our shares are listed on B3 – Brasil, Bolsa, Balcão under the tickers SANB3 (common), SANB4 (preferred) and SANB11 (units). Furthermore, we are also present on the New York Stock Exchange in the form of American Depositary Receipts (ADRs), which are publicly traded under the ticker BSBR.
We are convinced that the best way to grow in a profitable, recurring and sustainable manner is by providing excellent services to enhance client satisfaction levels, expand our customer base and increase loyalty. Accordingly, our actions are based on building close and long-lasting relationships with customers, suppliers and shareholders. These actions translate into our purpose, which is to help people and businesses prosper.

Company History

The Santander Group was founded in Spain in 1857, and has since expanded around the globe through a number of acquisitions.

In 1957, the Santander Group (“Group”) entered the Brazilian market through an operating agreement with Banco Intercontinental do Brasil S.A. In 1970, the Group established a representative office in Brazil, followed by the opening of its first branch in 1982. Since the 1990s, the Group has sought to broaden its footprint in Latin America, particularly in Brazil, by executing an organic and acquisition-derived growth strategy, highlighted by the following developments: 

• In 2000, the Group acquired Banespa, a bank owned by the State of SĂŁo Paulo, and became one of Brazil’s largest financial conglomerates.

• In July 2008, Santander Spain took indirect share ownership of Banco Real and, in August 2008, the acquisition by Santander Brasil of Banco Real’s share capital was approved via a share exchange transaction, making Banco Real a wholly-owned subsidiary of Santander Brasil before being merged into Santander Brasil on April 30, 2009.

  Our units, common and preferred shares were listed for trading on B3 on October 7, 2009, while our ADRs, which represent American Depositary Shares (“ADSs”) registered with the Securities and Exchange Commission (“SEC”) under the Securities Act, were listed for trading on the New York Stock Exchange (“NYSE”).

In recent years, we have made important business acquisitions that have helped to complement our portfolio of services and products, in addition to creating companies with the purpose of further strengthening our ecosystem.

For additional details about Santander Brasil´s history, please refer to Chapter 6 of the Company’s Reference Form.


We are a Simple, Personal and Fair Bank, guided by the following strategic priorities:

• Increase customer preference and loyalty by offering targeted, simple, digital and innovative products and services through a multi-channel platform.

• Generate results in a sustainable and profitable manner, with greater revenue diversification, aiming to strike a balance between lending, funding and services, while sustaining a preventive risk management approach and rigorous expense control.

• Maintain capital and liquidity discipline to preserve our solidity, face regulatory changes and seize growth opportunities.

• Achieve profitable market share gains through our robust portfolio, optimize the ecosystem and launch new ventures, continuously improving the customer experience.

We prioritize growth by cultivating close and long-term relationships with customers, suppliers and shareholders, as well as alignment with the country’s economic and social development agenda.

For additional details on our businesses, please refer to Chapter 7 of the Company’s Reference Form.