Banco Santander (Brasil) (BSBR) Tax Rate (2009 - 2019)

Banco Santander (Brasil) (BSBR) reported Tax Rate of 5.29% for Q4 2019, down 1080.0% on a YoY basis from 0.54% in Q4 2018, and down 196.1% quarter-over-quarter from 5.51% in Q4 2018.

Banco Santander (Brasil) (BSBR) Tax Rate (2009 - 2019) Analysis & Trends

Banco Santander (Brasil) has reported Tax Rate for 11 years, with the latest figure at 5.29% in Q4 2019.

  • For the quarter ending Q4 2019, Tax Rate fell 1080.0% year-over-year to 5.29%; the trailing twelve-month figure through Dec 2019 stood at 14.69% (up 61790.0% YoY), and the FY2021 full-year result was 65152.09%, down 3171872.0% from the prior year.
  • Tax Rate for Q4 2019 stood at 5.29%, down from 5.51% in the prior quarter.
  • The five-year high for Tax Rate was 18.76% in Q2 2016, with the low at 136.05% in Q1 2015.
  • Historically, Tax Rate has averaged 28.36% across 5 years, with a median of 21.21% in 2015.
  • Annual changes were most pronounced in 2015 — Tax Rate plunged 13141 bps — and 2016, when it surged 6776 bps.
  • Banco Santander (Brasil)'s Tax Rate stood at 21.21% in 2015, then retreated by 20 bps to 25.51% in 2016, then plunged by 53 bps to 39.06% in 2017, then soared by 114 bps to 5.51% in 2018, then tumbled by 196 bps to 5.29% in 2019.
  • The last three Tax Rate figures came in at 5.29% (Q4 2019), 5.51% (Q4 2018), and 7.45% (Q3 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Banco Santander (Brasil) 7.52 Bn 7.52 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2019 -5.29%
Dec 31, 2019 -5.29%
Dec 31, 2018 5.51%
Dec 31, 2018 5.51%
Sep 30, 2018 -7.45%
Sep 30, 2018 -7.45%
Jun 30, 2018 -21.10%
Jun 30, 2018 -21.10%
Dec 31, 2017 -39.06%
Dec 31, 2017 -39.06%
Mar 31, 2017 -24.52%
Mar 31, 2017 -24.52%
Sep 30, 2016 -25.51%
Sep 30, 2016 -25.51%
Jun 30, 2016 18.76%
Jun 30, 2016 18.76%
Mar 31, 2016 -68.29%
Mar 31, 2016 -68.29%
Dec 31, 2015 -21.21%
Dec 31, 2015 -21.21%