Banco Santander Brasil (BSBR) sets 2025 interest on equity and key payout dates
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. approved the distribution of interest on equity totaling R$ 620,000,000.00 gross, with a net amount of R$ 527,000,000.00 after withholding income tax, except for immune or exempt shareholders. The payment corresponds to R$ 0.07910367789 gross per common share and R$ 0.06723812621 net, R$ 0.08701404568 gross per preferred share and R$ 0.07396193882 net, and R$ 0.16611772357 gross per Unit and R$ 0.14120006503 net.
Shareholders of record at the end of January 2, 2026 will be entitled to this interest on equity, and the shares will trade ex-interest from January 5, 2026. Payment is scheduled as of February 5, 2026 and will be fully counted toward the mandatory dividends for the 2025 fiscal year. Holders of ADRs traded on the NYSE will receive payment through The Bank of New York Mellon under the applicable local rules.
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Insights
Santander Brasil declares sizeable interest on equity for 2025 dividends.
Banco Santander (Brasil) S.A. approved interest on equity totaling R$ 620,000,000.00 gross, with a net distribution of R$ 527,000,000.00. This is allocated per share class, with specific amounts for common, preferred, and Unit holders, and will be treated as part of the mandatory dividend for the 2025 fiscal year.
The entitlement is set for shareholders on record at the end of January 2, 2026, with shares trading ex-interest from January 5, 2026 and payment starting on February 5, 2026. Using interest on equity is a common Brazilian tax-efficient mechanism, and here it clarifies the timeline and cash flow expectations for investors, including ADR holders who will receive funds via The Bank of New York Mellon.
SECURITIES AND EXCHANGE COMMISSION
Commission File Number: 001-34476
Bloco A – Vila Olimpia
São Paulo, SP 04543-011
Federative Republic of Brazil
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
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 2026, 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$ 620,000,000.00 (six hundred twenty million 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$ 527,000,000.00 (five hundred twenty-seven 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) |
R$ 0.07910367789 | R$ 0.06723812621 |
|
PN (Preferred) |
R$ 0.08701404568 | R$ 0.07396193882 |
| Unit(*) | R$ 0.16611772357 | R$ 0.14120006503 |
(*) 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 January 2nd, 2026 (including). Therefore, as of January 5th, 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 February 05th, 2026 and fully considered within the amount of mandatory dividends to be distributed by the Company for the year 2025, 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.
São Paulo, December 22, 2025.
Gustavo Alejo Viviani
Investor Relations Officer
BANCO SANTANDER (BRASIL) S.A.
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Banco Santander (Brasil) S.A. | ||
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By: |
/S/ Reginaldo Antonio Ribeiro
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Reginaldo Antonio Ribeiro Officer without specific designation |
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By: |
/S/ Gustavo Alejo Viviani
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Gustavo Alejo Viviani Vice - President Executive Officer |
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FAQ
What did Banco Santander (Brasil) S.A. (BSBR) announce in this 6-K?
Banco Santander (Brasil) S.A. announced the Board of Directors approved the distribution of interest on equity totaling R$ 620,000,000.00 gross, with R$ 527,000,000.00 net after withholding income tax, subject to shareholder approval at the ordinary general meeting.
What is the record date and ex-interest date for BSBR’s interest on equity?
Shareholders registered in the company’s books at the end of January 2, 2026 will be entitled to the interest on equity. From January 5, 2026 (inclusive), the shares will trade ex-interest on equity, meaning new buyers after that date will not be entitled to this distribution.
When will Banco Santander (Brasil) S.A. pay the approved interest on equity?
The payment of the approved interest on equity is scheduled to begin on February 5, 2026. The amount will be fully considered within the mandatory dividends to be distributed for the company’s 2025 fiscal year, without monetary indexation adjustment.
How will BSBR ADR holders on the NYSE receive the interest on equity?
Holders of the company’s American Depositary Receipts (ADRs) traded on the NYSE will receive payment through The Bank of New York Mellon, the ADR depositary bank, in line with regulations applicable to the local market. Additional details such as the US record date and payment date can be obtained at www.adrbnymellon.com.
Will this interest on equity distribution affect BSBR’s mandatory dividend for 2025?
Yes. The company states that the amount of this interest on equity will be fully considered within the mandatory dividends to be distributed for the 2025 fiscal year, meaning it forms part of the minimum dividend requirement defined in the bylaws.