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Santander Brasil 1Q26 net profit drops 7.3% to R$ 3.8 billion

PUBT·04/29/2026 09:34:13
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Santander Brasil 1Q26 net profit drops 7.3% to R$ 3.8 billion
  • Santander Brasil posted 1Q26 managerial net profit of R$ 3.8 billion, down 7.3% QoQ.
  • Total revenue edged up 0.8% QoQ to R$ 21.25 billion.
  • ROAE slipped 1.6 percentage points QoQ to 16%.
  • Net interest income rose 3.1% QoQ to R$ 15.81 billion as market NII loss narrowed to R$ 771 million from positive sensitivity to falling interest rates.
  • Expanded loan portfolio dipped 0.4% QoQ to R$ 705.58 billion, while customer funding declined 1% to R$ 663.85 billion on a seasonal drop in demand deposits.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Santander (Brasil) SA published the original content used to generate this news brief on April 29, 2026, and is solely responsible for the information contained therein.