Banco Santander (Brasil) (SANB4) Institutional Presentation summary

Macroeconomic and financial system overview

• Forecasts indicate declining inflation and unemployment rates in Brazil through 2026, with GDP growth moderating to 1.5% in 2026 and SELIC rate stabilizing around 11.75-12% in 2025-2026.

• Credit growth is expected to slow, with household debt to income remaining stable and NPL ratios gradually improving through 2025.

Group and business model highlights

• The group operates with €1.87 trillion in assets, €14.1 billion in attributable profit, and a diversified global presence, including 180 million customers and 7,666 branches.

• Business model emphasizes a mix of retail, corporate, and digital banking, with a focus on innovation, efficiency, and leveraging global platforms.

Strategic priorities and segmentation

• Strategy centers on risk and capital management, funding mix optimization, and customer-centric digital innovation.

• Segmentation targets individuals, SMEs, and corporates with tailored offerings, and a diversified loan portfolio across consumer, payroll, mortgages, and corporate loans.