Banco Santander (Brasil) (BSBR) Research & Development (2013 - 2025)
Banco Santander (Brasil)'s (BSBR) quarterly Research & Development came in at -$1.2 billion in Q4 2025, down 16.27% on a YoY basis from -$1.5 billion in Q4 2024, and down 16.27% quarter-over-quarter from -$1.1 billion in Q4 2024.
Analysis
Banco Santander (Brasil) (BSBR) Research & Development (2013 - 2025) Analysis & Trends
Banco Santander (Brasil) (BSBR) has reported Research & Development for 12 consecutive years, with -$1.2 billion the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 16.27% year-over-year to -$1.2 billion; the trailing twelve-month figure through Dec 2025 stood at -$80914.0 billion (up 53.43% YoY), and the FY2025 full-year result was -$1.2 billion, down 12.3% from the prior year.
- Research & Development slipped to -$1.2 billion in Q4 2025 per BSBR's latest filing, from -$1.1 billion in the prior quarter.
- Across five years, Research & Development topped out at -$860.1 million in Q3 2021 and bottomed at -$641302.8 billion in Q2 2022.
- Historically, Research & Development has averaged -$124158.7 billion across 5 years, with a median of -$1.2 billion in 2025.
- The sharpest annual moves came in 2023 and 2024: Research & Development sank 10396956.8% in 2023, then gained 17.02% in 2024.
- Over 5 years, Research & Development stood at -$1.1 billion in 2021, then fell by 7.49% to -$1.2 billion in 2022, then dropped by 6.48% to -$1.3 billion in 2023, then increased by 17.02% to -$1.1 billion in 2024, then slipped by 16.27% to -$1.2 billion in 2025.
- According to Business Quant data, Research & Development over the past three periods registered -$1.2 billion, -$1.1 billion, and -$80910.4 billion for Q4 2025, Q4 2024, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 1.20 Bn |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 635.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | 284.73 Mn |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | - |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 1.76 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | - |
| 10 | Banco Santander (Brasil) | 44.60 Bn | 44.96 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -1.23 Bn |
| Dec 31, 2024 | -1.06 Bn |
| Sep 30, 2024 | -80,910.40 Bn |
| Dec 31, 2023 | -1.28 Bn |
| Sep 30, 2023 | -92,852.55 Bn |
| Dec 31, 2022 | -1.20 Bn |
| Sep 30, 2022 | -893.07 Mn |
| Jun 30, 2022 | -641,302.76 Bn |
| Dec 31, 2021 | -1.12 Bn |
| Sep 30, 2021 | -860.07 Mn |
| Jun 30, 2021 | -550,672.21 Bn |
| Dec 31, 2020 | -1.19 Bn |
| Dec 31, 2019 | -1.47 Bn |
| Dec 31, 2018 | -1.46 Bn |
| Dec 31, 2017 | -1.57 Bn |
| Dec 31, 2015 | -1.21 Bn |
| Dec 31, 2014 | -1.83 Bn |
| Dec 31, 2013 | -2.07 Bn |