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Banco Santander Brasil Discloses Remote Voting Outcome Ahead of January 15 Extraordinary Meeting

Story Highlights
  • Shareholders largely backed fixing board size and confirming Santander Brasil’s directors.
  • Support for a potential fiscal council was limited, with abstentions prevailing among shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Banco Santander Brasil Discloses Remote Voting Outcome Ahead of January 15 Extraordinary Meeting

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Banco Santander Brasil ( (BSBR) ) just unveiled an update.

On January 14, 2026, Banco Santander (Brasil) S.A. disclosed the consolidated remote voting results ahead of its Extraordinary General Meeting scheduled for January 15, 2026, detailing shareholder positions on key governance matters. Holders of common shares overwhelmingly approved fixing the number of board members and confirmed the composition of the Board of Directors, including support for independent director candidate Antonio Carlos Quintella and, in the event of cumulative voting, the proportional distribution of votes among selected candidates. The voting map also showed that while a significant minority of shareholders supported the request to establish a fiscal council under Brazilian corporate law, most votes were cast as abstentions, meaning the proposal did not advance to the meeting’s formal agenda, underscoring strong shareholder backing for the bank’s current governance structure with limited momentum for additional oversight bodies at this time.

The most recent analyst rating on (BSBR) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Banco Santander Brasil stock, see the BSBR Stock Forecast page.

Spark’s Take on BSBR Stock

According to Spark, TipRanks’ AI Analyst, BSBR is a Neutral.

BSBR scores moderately due to solid but uneven financial performance (revenue contraction and cash-flow volatility, plus some balance sheet data reliability concerns) partially offset by constructive technical trends (price above key moving averages and positive MACD). Valuation is average, with a ~4% yield helping but a ~22.7 P/E limiting upside from a valuation perspective.

To see Spark’s full report on BSBR stock, click here.

More about Banco Santander Brasil

Banco Santander (Brasil) S.A. is a publicly traded Brazilian bank and part of the global Santander Group, operating in the financial services industry with a focus on retail and wholesale banking, credit, and related services across Brazil. Its shares are listed locally and it reports as a foreign private issuer to U.S. regulators, reflecting its access to international capital markets.

Average Trading Volume: 557,338

Technical Sentiment Signal: Buy

Current Market Cap: $23.7B

See more data about BSBR stock on TipRanks’ Stock Analysis page.

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