Banco Santander (Brasil) (BSBR) Tax Rate (2009 - 2023)

Banco Santander (Brasil) (BSBR) posted Tax Rate of 0.0% for Q4 2023, down 100.0% on a QoQ basis from 23.63% in Q4 2022, and down 2363.0% year-over-year from 0.0% in Q4 2022.

Banco Santander (Brasil) (BSBR) Tax Rate (2009 - 2023) Analysis & Trends

Banco Santander (Brasil)'s Tax Rate history runs 15 years deep, the most recent figure standing at 0.0% for Q4 2023.

  • Quarterly Tax Rate fell 2363.0% year-over-year to 0.0% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.0% (down 46369.0% YoY) and the FY2023 annual result came in at 78.64%, down 7341195.0% from the prior year.
  • Tax Rate was 0.0% for Q4 2023 at Banco Santander (Brasil), down from 23.63% in the prior quarter.
  • Across five years, Tax Rate topped out at 1054.48% in Q2 2020 and bottomed at 798.83% in Q3 2020.
  • A 5-year average of 2.08% and a median of 29.95% in 2019 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2020 — Tax Rate jumped 110097 bps — and 2021, when it tumbled 91018 bps.
  • Banco Santander (Brasil)'s Tax Rate stood at 20.25% in 2019, then slumped by 428 bps to 66.35% in 2020, then surged by 58 bps to 27.74% in 2021, then surged by 185 bps to 23.63% in 2022, then slumped by 100 bps to 0.0% in 2023.
  • Business Quant data shows BSBR's Tax Rate at 0.0% in Q4 2023, 23.63% in Q4 2022, and 67.61% in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 0.02%
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 25,760,269.96%
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -22.54%
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -25.87%
5 Mizuho Financial 385.64 Bn 389.59 Bn - 3.25%
6 Lloyds Banking 358.14 Bn 358.14 Bn - -23.21%
7 First Capital 200.03 Bn 199.69 Bn - 19.21%
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 19.83%
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 18.98%
10 Banco Santander (Brasil) 146.22 Mn 146.22 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.00%
Dec 31, 2023 0.00%
Dec 31, 2023 0.00%
Dec 31, 2022 23.63%
Dec 31, 2022 23.63%
Dec 31, 2022 23.63%
Jun 30, 2022 67.61%
Jun 30, 2022 67.61%
Jun 30, 2022 67.61%
Mar 31, 2022 -37.05%
Mar 31, 2022 -37.05%
Mar 31, 2022 -37.05%
Dec 31, 2021 -27.74%
Dec 31, 2021 -27.74%
Dec 31, 2021 -27.74%
Sep 30, 2021 -39.07%
Sep 30, 2021 -39.07%
Sep 30, 2021 -39.07%
Jun 30, 2021 144.30%
Jun 30, 2021 144.30%