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BSBRNYSEMarket closedOpens 9:30am ET

Banco Santander (Brasil) S.A.

$5.68Last updated
-$0.03 (0.53%)Past day
Timezone

Banco Santander (Brasil) S.A. (NYSE: BSBR) is trading at $5.68, about ₹546 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.53% today. Indian residents can buy Banco Santander (Brasil) from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$5.70
Previous close:$5.71
Volume:3.07M

Today's low

$5.65

Today's high

$5.72

52 week low

$4.94

52 week high

$7.32

BSBR opened at $5.70, closed previously at $5.71, and has traded between $4.94 and $7.32 over the past 52 weeks.

About

Banco Santander (Brasil) S.A., together with its affiliated entities, operates as a prominent financial institution delivering an extensive array of banking and financial services. Its diverse client base includes individuals, small and medium-sized enterprises (SMEs), and large corporate customers, both within Brazil and internationally. The company's operations are strategically divided into two primary segments: Commercial Banking and Global Wholesale Banking. Its core offerings encompass deposit accounts and various bank funding instruments, alongside a broad spectrum of payment solutions such as debit and credit cards, digital prepaid services, a robust payment platform, and loyalty programs. Santander Brasil also facilitates employee benefit vouchers, payroll loans, digital lending, and online debt renegotiation services. In the area of secured lending, it provides mortgages and home equity financing products, complementing general consumer credit options. For its business clients, the bank extends local and commercial loans, trade finance, guarantees, and sophisticated structured loans, in addition to comprehensive cash management and funding solutions, including on-lending transfer services. The institution's expertise also covers financial advisory for projects, the origination and distribution of fixed-income securities in debt capital markets, financing for acquisitions, syndicated loans, and other complex structured financing arrangements, including subordinated debt and initiatives focused on energy efficiency. Furthermore, it offers advisory services for mergers and acquisitions (M&A) and equity capital market (ECM) transactions, supported by stock brokerage, equity advisory, and in-depth equity research. Santander Brasil is also active in structuring and providing foreign exchange (FX), derivative, and diverse investment products tailored for institutional, corporate, and retail investors, alongside offering vital market-making services. The bank continues to innovate by delivering instant payment solutions, a specialized suite of products and services for the agribusiness sector, and microfinance services. Its digital footprint extends to online automotive listing platforms, digital car insurance solutions, and a sophisticated digital trading platform. Customers can access these financial products and services through an extensive multi-channel distribution network, which includes traditional branches, mini-branches, ATMs, call centers, and comprehensive internet and mobile banking platforms. Banco Santander (Brasil) S.A. was founded in 1985 and has its principal headquarters situated in São Paulo, Brazil.

Country
BR
CEO
Gilson Finkelsztain
Exchange listed on
NYSE
Industry
Banks - Regional
Base currency
USD
Full Time Employees
49,661
Sector
Financial Services
IPO date
07/10/2009

Key statistics

Avg. volume

2.94M

Market cap

$42.53B

P/E Ratio

30.17

Price-to-sales ratio

1.13

Enterprise value

R$178.30B

Free cash flow yield

0.53%

Debt-to-equity ratio

1.17

Return on equity

10.20%

ROIC

2.27%

Beta

0.18

Dividend yield

7.80%

Last dividend

$0.19

Financial overview

Revenue

R$151.54B

Earnings per share

R$0.83

Free cash flow

R$1.34B

Net profit margin

9.89%

Gross margin

37.57%

EBITDA

R$19.35B

Revenue growth

17.45%

Similar securities

This is not an investment recommendation

How to buy Banco Santander (Brasil) from India

Indian residents can buy Banco Santander (Brasil) shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Banco Santander (Brasil) and place an order

    Find Banco Santander (Brasil) by name or by its ticker, BSBR, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Banco Santander (Brasil) trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Banco Santander (Brasil) position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Banco Santander (Brasil) from India

Trading and taxes when buying Banco Santander (Brasil) from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. Banco Santander (Brasil)’s current yield is 7.80%.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Banco Santander (Brasil) stock?

Yes. Banco Santander (Brasil) (BSBR) has been listed on the New York Stock Exchange since 2009, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Banco Santander (Brasil) share cost in rupees?

One Banco Santander (Brasil) share is $5.68 — about ₹546 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Banco Santander (Brasil) price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Banco Santander (Brasil) from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Banco Santander (Brasil)?

Yes. One Banco Santander (Brasil) share is $5.68, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Banco Santander (Brasil).

How are gains on Banco Santander (Brasil) shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Banco Santander (Brasil) price. Paasa issues a capital-gains statement for your return.

Does Banco Santander (Brasil) pay a dividend, and how is it taxed in India?

Yes. Banco Santander (Brasil) pays a dividend and the current yield is 7.80%; the last declared dividend was $0.19 per share, about ₹18.57. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Banco Santander (Brasil) from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is Banco Santander (Brasil) a United States company, and does that change how it is taxed?

Banco Santander (Brasil) trades on the New York Stock Exchange in US dollars, but the company is domiciled in Brazil. Banco Santander (Brasil) trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare Banco Santander (Brasil) shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Banco Santander (Brasil) holding, its cost and its closing value.

How do I sell Banco Santander (Brasil) and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.