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Santander Brasil Shareholders Elect New Independent Director and Confirm 11-Member Board

Story Highlights
  • On January 15, 2026, Santander Brasil fixed its board at eleven members.
  • Shareholders elected Antonio Carlos Quintella as independent director and confirmed the renewed board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santander Brasil Shareholders Elect New Independent Director and Confirm 11-Member Board

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Banco Santander Brasil ( (BSBR) ) has shared an update.

At an Extraordinary General Meeting held on January 15, 2026, in São Paulo, Banco Santander (Brasil) S.A. shareholders, representing 95.91% of the bank’s voting capital, approved changes to the composition and size of its Board of Directors. Investors voted to fix the board at 11 members and elected economist Antonio Carlos Quintella as a new independent director for a supplementary term running until the 2027 Ordinary General Meeting, subject to Central Bank of Brazil authorization, and then confirmed the full board slate led by independent chair Deborah Stern Vieitas. The move reinforces Santander Brasil’s governance structure with a high proportion of independent directors and signals continued alignment with Brazilian corporate law and regulatory requirements, which may bolster investor confidence in the bank’s oversight and strategic direction ahead of its next full board renewal in 2027.

The most recent analyst rating on (BSBR) stock is a Hold 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 Brazilian banking institution and subsidiary of Spain’s Banco Santander, operating as a full-service commercial and retail bank. It offers a broad range of financial products and services, including corporate and consumer lending, payments, and investment services, with a focus on the Brazilian market and integration into the wider Latin American and global Santander network.

Average Trading Volume: 553,011

Technical Sentiment Signal: Buy

Current Market Cap: $23.6B

For detailed information about BSBR stock, go to TipRanks’ Stock Analysis page.

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