R$2B interest on equity approved by Banco Santander (Brasil) (NYSE: BSBR)

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. approved the distribution of interest on equity totaling R$ 2,000,000,000.00 gross, with a net amount of R$ 1,650,000,000.00 after income tax withholding, except for immune or exempt shareholders.

The per-share gross and net amounts are R$ 0.25461944581 and R$ 0.21006104279 for common shares, R$ 0.28008139039 and R$ 0.23106714708 for preferred shares, and R$ 0.53470083620 and R$ 0.44112818987 for units, which each represent one common and one preferred share.

Shareholders of record at the end of April 20, 2026 will be entitled to this interest on equity, with shares trading ex-interest from April 22, 2026. Payment is scheduled to begin on May 7, 2026 and will be fully counted toward mandatory dividends for 2026. ADR holders on the NYSE will receive payment via The Bank of New York Mellon under local market rules.

Insights

Banking equity analyst

Santander Brasil declares sizable 2026 interest-on-equity distribution.

Banco Santander (Brasil) approved interest on equity of R$ 2,000,000,000.00 gross, with R$ 1,650,000,000.00 net after withholding tax. This mechanism is a Brazilian alternative to dividends that can be tax-efficient at the corporate level.

The distribution applies to common, preferred and unit holders, with precise per-share amounts and a record date of April 20, 2026. It will be fully included in mandatory 2026 dividends, signaling that this payment is part of the regular shareholder return rather than an extraordinary event.

For ADR investors on the NYSE, payments will flow through The Bank of New York Mellon under U.S. market procedures. Actual cash received will depend on applicable taxes and ADR-specific terms disclosed by the depositary.

Key Figures

Interest on equity gross total: R$ 2,000,000,000.00 Interest on equity net total: R$ 1,650,000,000.00 Common share gross amount: R$ 0.25461944581 per share +5 more

8 metrics

Interest on equity gross total R$ 2,000,000,000.00 Distribution approved for 2026, before income tax withholding

Interest on equity net total R$ 1,650,000,000.00 After income tax withheld at source, excluding immune/exempt holders

Common share gross amount R$ 0.25461944581 per share Interest on equity per ON (common) share

Common share net amount R$ 0.21006104279 per share Interest on equity after tax per ON (common) share

Preferred share gross amount R$ 0.28008139039 per share Interest on equity per PN (preferred) share

Preferred share net amount R$ 0.23106714708 per share Interest on equity after tax per PN (preferred) share

Unit gross amount R$ 0.53470083620 per unit Interest on equity per unit (one common + one preferred)

Unit net amount R$ 0.44112818987 per unit Interest on equity after tax per unit

Key Terms

Interest on Equity, ex-Interest on Equity, mandatory dividends, American Depositary Receipts, +1 more

5 terms

Interest on Equity financial

"for the distribution of Interest on Company’s Equity, pursuant to Articles"

A payment a company makes to its shareholders that compensates them for the capital they provided, similar to how a lender receives interest on a loan. In some accounting or tax systems this payment is treated like interest rather than a regular dividend, which can change a company’s reported profit, cash flow and the taxable income of investors; that treatment affects shareholder returns and valuation.

ex-Interest on Equity financial

"as of April 22nd, 2026 (including) the Company’s shares shall be traded “Ex-Interest on Equity”"

mandatory dividends financial

"fully considered within the amount of mandatory dividends to be distributed by the Company for the year 2026"

American Depositary Receipts financial

"Regarding holders of the Company’s American Depositary Receipts (ADRs) traded in the New York Stock Exchange"

A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.

depositary bank financial

"payment will be carried out by The Bank of New York Mellon, depositary bank of the ADRs"

A depositary bank is a financial institution that holds and safeguards a company's or investor’s securities, such as stocks or bonds, in a secure account. It acts like a digital safe, ensuring that ownership records are accurate and that transactions are processed smoothly. For investors, it provides confidence that their investments are protected and correctly recorded, making buying, selling, or transferring securities reliable and efficient.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number: 001-34476

BANCO SANTANDER (BRASIL) S.A.

(Exact name of registrant as specified in its charter)

Avenida Presidente Juscelino Kubitschek, 2041 and 2235
Bloco A – Vila Olimpia
São Paulo, SP 04543-011
Federative Republic of Brazil

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ___X___ Form 40-F _______

 Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): 

Yes _______ No ___X____

 Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): 

Yes _______ No ___X____

 Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: 

Yes _______ No ___X____

 If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  N/A

 

[Free English Translation]

BANCO SANTANDER (BRASIL) S.A.

Public-held Company with Authorized Capital

Corporate Taxpayer´s Registry No. 90.400.888/0001-42

Company Registry No. 35.300.332.067

NOTICE TO SHAREHOLDERS

Declaration and payment of Interest on Equity

São Paulo, April 10^th, 2026, at 3 PM - We hereby inform the Shareholders and the general market that the Board of Directors of Banco Santander (Brasil) S.A. (“Company”), at the meeting held on the present date, approved the Board of Executive Officers’ proposal, ad referendum of the Ordinary General Meeting of the Company’s shareholders to be held on 2027, for the distribution of Interest on Company’s Equity, pursuant to Articles 17, item XVIII, and 37, second paragraph of the Company's Bylaws in the gross amount of R$ 2,000,000,000.00 (two billion Brazilian reais), which, after the deduction of the amount related to the Income Tax Withheld at Source (“IRRF”), pursuant to the laws in force, result the net amount corresponding to R$ 1,650,000,000.00 (one billion six hundred fifty million Brazilian reais), except for immune and/or exempt shareholders:

Shares	Interest on Equity (gross value) (per share)	Interest on Equity (after tax) (per share)
ON (Common)	0.25461944581	0.21006104279
PN (Preferred)	0.28008139039	0.23106714708
Unit(*)	0.53470083620	0.44112818987

(*) One (1) Unit is comprised of 1 (one) Common Share and 1 (one) Preferred Share

The shareholders entitled for the Interest on Company’s Equity approved will be the ones registered in the Company’s books at the end of April 20^th, 2026 (including). Therefore, as of April 22^nd, 2026 (including) the Company’s shares shall be traded “Ex-Interest on Equity”.

The amount of these and Interest on Company’s Equity approved will be paid as of May 07^th, 2026 and fully considered within the amount of mandatory dividends to be distributed by the Company for the year 2026, without any compensation as monetary indexation.

[Free English Translation]

Regarding holders of the Company’s American Depositary Receipts (ADRs) traded in the New York Stock Exchange – NYSE, the payment will be carried out by The Bank of New York Mellon, depositary bank of the ADRs, pursuant to regulations applied to the local market.

Information regarding the US Record Date, payment date, or any further information for specific rules and conditions applied to the ADRs may be obtained at www.adrbnymellon.com.

Gustavo Alejo Viviani

Investor Relations Officer

BANCO SANTANDER (BRASIL) S.A.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

Date: April 10, 2026

Banco Santander (Brasil) S.A.
By:	/S/ Reginaldo Antonio Ribeiro
	Reginaldo Antonio Ribeiro Officer without specific designation

By:	/S/ Gustavo Alejo Viviani
	Gustavo Alejo Viviani Vice - President Executive Officer

FAQ

What did Banco Santander (Brasil) BSBR announce in this 6-K?

Banco Santander (Brasil) approved interest on equity of R$ 2.0 billion gross. After withholding income tax, the net distribution will be R$ 1.65 billion, counted toward the bank’s mandatory dividends for 2026 and paid to shareholders and ADR holders on specified dates.

How much interest on equity per share will BSBR shareholders receive?

Per-share amounts vary by share class. Common shares receive R$ 0.25461944581 gross (R$ 0.21006104279 net), preferred shares R$ 0.28008139039 gross (R$ 0.23106714708 net), and each unit, representing one common and one preferred share, R$ 0.53470083620 gross and R$ 0.44112818987 net.

What are the record date and ex-interest date for BSBR’s interest on equity?

Shareholders of record at the end of April 20, 2026 are entitled. From April 22, 2026 onward, shares trade ex-interest on equity, meaning new buyers after that date will not receive this specific distribution approved for the 2026 fiscal year.

When will Banco Santander (Brasil) pay the approved interest on equity?

Payment is scheduled to begin on May 7, 2026. The approved interest on equity will be paid from that date and fully considered within the company’s mandatory dividends for the 2026 year, without any monetary indexation adjustment to the declared amounts.

How will BSBR ADR holders on the NYSE receive this interest on equity?

ADR holders will be paid through The Bank of New York Mellon. As the ADR depositary, it will distribute the interest on equity according to local U.S. market regulations. Specific U.S. record dates, payment dates and conditions are available at the depositary’s website.

What is a BSBR unit and how does it affect the interest on equity amount?

Each unit consists of one common and one preferred share. For this distribution, a unit entitles the holder to R$ 0.53470083620 gross and R$ 0.44112818987 net in interest on equity, reflecting the combined entitlement from both underlying share classes.