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| Date | Value |
|---|---|
| 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% |