Banco Santander S.A. Announces Audited Consolidated and Company Earnings Results for the Fourth Quarter, Second Half Year and Full Year Ended December 31, 2018
January 30, 2019 at 06:22 am
Share
Banco Santander (Brasil) S.A. announced audited consolidated and company earnings results for the fourth quarter, half year and full year ended December 31, 2018. For the quarter, the consolidated company reported operating income was BRL 5,990.9 million against BRL 3,812.1 million for the third quarter of 2018. Consolidated net income was BRL 3,335.5 million against BRL 3,038.7 million for the third quarter of 2018.
For the second half year, the consolidated company reported operating income was BRL 9,802.976 million, net income was BRL 6,374.2 million.
For the full year, the consolidated company reported operating income was BRL 14,705.1 million against BRL 13,388.0 million a year ago. Consolidated net income was BRL 12,166.1 million against BRL 7,996.6 million a year ago.
For the second half year, the company reported operating income was BRL 8,340.364 million, net income was BRL 6,374.96 million, net income per thousand shares was BRL 850.16.
For the full year, the company reported operating income was BRL 12,446 million against BRL 11,469 million a year ago. Consolidated net income was BRL 12,166.4 million against BRL 7,995.9 million a year ago. Net income per thousand shares was BRL 1,622.50 against BRL 1,067.99 a year ago.
Banco Santander Brasil SA is a Brazil-based bank. The Bank operates through two segments: Retail and Wholesale. The Retail segment provides financial services to individuals, as well as to small and medium-sized enterprises. The Wholesale segment focuses on large corporations and capital markets. Together with its subsidiaries, the Bank offers a range of financial services, including consumer, commercial and investment banking services, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange. The Bank is also engaged in the asset management, capitalization, securities brokerage, insurance brokerage and pension plans operations. The Company has a number of subsidiaries, such as Santander Corretora de Cambio e Valores Mobiliarios SA, Banco Bandepe SA and Sancap Investimentos e Participacoes SA, among others.
Banco Santander S.A. Announces Audited Consolidated and Company Earnings Results for the Fourth Quarter, Second Half Year and Full Year Ended December 31, 2018