Banco Santander (Brasil) S.A. (BSBR) Fair Value 2026

BSBR · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.5 /10

32 fundamental signals · 5 models active

Value Trap Risk

SAFE (14/100)

Quick Summary — As of 2026-08-27, Banco Santander (Brasil) S.A. (BSBR) trades at $5.73, versus a $6.07 median fair value across its 5 active models — 5.9% above the current price. QOC: 6.5/10. Value Trap Risk: 14/100 (SAFE). 5/13 models active.

Key Facts

Ticker
BSBR
Price
$5.73
Quality Score
6.5/10
Value Trap Risk
14/100
Models Active
5/13
Last Updated
Strength: CUCE Ensemble suggests +5.9% upside with 6% confidence
Risk: Limited model coverage (5/13) may reduce confidence

Is Banco Santander (Brasil) S.A. (BSBR) Undervalued or Overvalued in 2026?

According to CirclFi’s 5-model valuation engine, Banco Santander (Brasil) S.A. (BSBR) appears fairly valued as of : the median of 5 independent fair value estimates is $6.07, within 5.9% of the current price of $5.73. Estimates range from $3.42 to $13.16. BSBR scores 6.5/10 on fundamental quality and 14/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. BSBR’s +5.9% gap is narrower than that market norm, and the Banks - Regional sector median is -22.0%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Banco Santander (Brasil) S.A. Stock in 2026? →

What Fair Value Does Each Model Give BSBR?

5 Intrinsic Value Models vs. Current Price ($5.73)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Low Conviction
 $6.07 +5.9%
Intrinsic · Medium Conviction
 $3.42 -40.3%
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What Is BSBR's Fair Value Range?

Spread across 5 independent models · $3.42 to $13.16

CirclFi's 5 active models place Banco Santander (Brasil) S.A. (BSBR) between $3.42 and $13.16 per share, a spread of 160% of the median. The median of that range — $6.07 — is the fair value CirclFi publishes for BSBR, against a current price of $5.73.

Low · Markov DDMHigh · Regime Cross
$3.42median $6.07$13.16
Where the range comes from
Most bearish modelMarkov DDM$3.42
Most bullish modelRegime Cross-Sectional$13.16
Model agreement3 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for BSBR. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on BSBR, not a CirclFi price target. How each model works →

What Is Banco Santander (Brasil) S.A. (BSBR) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, our multi-model framework produces a cautiously optimistic read on Banco Santander (Brasil) S.A. at $5.73. With an estimated intrinsic value of $6.07 and 3 of 5 models pointing higher, the median implied return is +5.9%. The most optimistic model, Regime Cross, places fair value at $13.16 (+129.7%), while Markov DDM — the most conservative — estimates $3.42 (-40.3%). This +170.0% gap reflects genuine analytical uncertainty about Banco Santander (Brasil) S.A.'s intrinsic worth.

What Do the Models Say About BSBR?

5 of 13 models are currently active for BSBR. Of these, 3 models suggest upside while 2 models suggest overvaluation. Taken together, their median fair value for BSBR is $6.07 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does BSBR Rank in Banks - Regional?

Among 349 Banks - Regional stocks, BSBR ranks #319 by Quality of Company score. CirclFi's QOC score of 6.5/10 evaluates 32 fundamental signals. A score of 6.5 indicates above-average quality.

See all Most Undervalued Banks - Regional Stocks →

Within the Banks - Regional space, Banco Santander (Brasil) S.A. competes in an environment where net interest margin (NIM) often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is BSBR a Value Trap?

CirclFi's Value Trap algorithm assigns BSBR a score of 14/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

5 of 13 models are active for Banco Santander (Brasil) S.A.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Banco Santander (Brasil) S.A. is rated at 6.5/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +170.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every BSBR valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across BSBR's 5 active models, average confidence is 26%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Banco Santander (Brasil) S.A. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

KFFBKentucky First Federal BancorpQOC 6.6FBLAFB Bancorp, Inc.QOC 6.5SNNFSeneca Bancorp, Inc.QOC 6.7KBKB Financial Group Inc.QOC 6.4NEWTNewtekOne, Inc.QOC 6.7FNWBFirst Northwest BancorpQOC 6.4UMBFUMB Financial CorporationQOC 8.5ABCBAmeris BancorpQOC 8.1BHRBBurke & Herbert Financial Services Corp.QOC 7.8ESQEsquire Financial Holdings, Inc.QOC 9.1PEBOPeoples Bancorp Inc.QOC 9.1

Read investment analysis: KFFB · FBLA · SNNF · KB · NEWT · FNWB · UMBF · ABCB · BHRB · ESQ · PEBO

Which Other Stocks Have a Similar Quality Score to BSBR?

7 companies across all industries closest to BSBR’s Quality of Company score of 6.5/10.

HUYAHUYA Inc.QOC 6.5SOARVolato Group, Inc.QOC 6.5VLRSControladora Vuela Compañía de Aviación, S.A.B. de C.V.QOC 6.5BMBLBumble Inc.QOC 6.5KWYKingsway CorporationQOC 6.5GFLGFL Environmental Inc.QOC 6.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: HUYA · SOAR · VLRS · BMBL · KWY · GFL · NVDA

Where Does BSBR Sit in CirclFi's Banks - Regional Rankings?

BSBR is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About Banco Santander (Brasil) S.A.’s Valuation?

What is Banco Santander (Brasil) S.A.'s intrinsic value in 2026?

CirclFi puts Banco Santander (Brasil) S.A. (BSBR)'s intrinsic value at $6.07 — the median of 5 independent model estimates as of 2026-08-27, ranging from $3.42 to $13.16. The Quality of Company score is 6.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is BSBR overvalued or undervalued right now?

At $5.73, 3 of 5 active models suggest BSBR may be undervalued, while 2 indicate potential overvaluation. The median of all 5 fair value estimates is $6.07, within 5.9% of the current price of $5.73 — a consensus view that BSBR is fairly valued. The assessment depends on which methodology best fits Banco Santander (Brasil) S.A.'s business model in Banks - Regional.

What does a Quality of Company score of 6.5 mean for BSBR?

Banco Santander (Brasil) S.A.'s QOC of 6.5/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on BSBR?

CirclFi analyzes BSBR with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 5 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on BSBR?

Of the 5 models currently active on BSBR, Regime Cross-Sectional is the most bullish at $13.16 per share, and Markov DDM is the most bearish at $3.42. CirclFi's published fair value for BSBR is the median of that range, $6.07, not either extreme. The gap between the two ends equals 160% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is BSBR a value trap in 2026?

Banco Santander (Brasil) S.A.'s Value Trap score is 14/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 5-model valuation engine, Banco Santander (Brasil) S.A. (BSBR) has a median fair value of $6.07 — within 5.9% of the current price of $5.73 — as of 2026-08-27.” Source: circlfi.com/stock/BSBR/ · Methodology
Primary sources for this BSBR valuation
  • Financial statements: Banco Santander (Brasil) S.A. 10-K and 10-Q filings on SEC EDGAR (CIK 0001471055) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for BSBR as of ; valuations recomputed .

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