Banco Santander Brasil (NYSE: BSBR) sets R$2B Interest on Equity payout

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. approved a distribution of Interest on Equity totaling R$ 2,000,000,000.00 gross, equivalent to a net amount of R$ 1,650,000,000.00 after withholding income tax, except for immune or exempt shareholders. The gross per-share amounts are R$ 0.25517315448 for common shares, R$ 0.28069046993 for preferred shares, and R$ 0.53586362441 for Units, with corresponding net per-share values after tax. Shareholders on record at the end of January 20, 2026 will be entitled to this payment, and the shares will trade ex-Interest on Equity from January 21, 2026. Payment is scheduled to begin on February 05, 2026 and will be fully counted toward the mandatory dividends for the year 2026. Holders of ADRs on the NYSE will receive payment through The Bank of New York Mellon under local market rules.

Insights

Latin America banking and dividends analyst

Santander Brasil declares R$2B Interest on Equity for 2026.

Banco Santander (Brasil) is distributing Interest on Equity of R$ 2,000,000,000.00 gross, with a net amount of R$ 1,650,000,000.00 after withholding tax. This is structured as per Brazilian rules, where Interest on Equity is a tax-efficient way to remunerate shareholders and counts toward mandatory dividends.

The payment is tied to a record date at the end of January 20, 2026, with shares trading ex-Interest on Equity from January 21, 2026. Per-share amounts differ by class, with Units combining one common and one preferred share, which helps investors estimate their cash inflow based on holdings.

The payment will start on February 05, 2026, and ADR holders on the NYSE will be paid via The Bank of New York Mellon under local rules. This action primarily signals ongoing capital return and adherence to the bank’s dividend obligations for 2026, without indicating changes to broader strategy in the provided text.

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 January, 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

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)	0.25517315448	0.21051785245
PN (Preferred)	0.28069046993	0.23156963769
Unit(*)	0.53586362441	0.44208749014

(*) 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 20^th, 2026 (including). Therefore, as of January 21^st, 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 05^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.

São Paulo, January 09, 2026.

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: January 9, 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 distribution did Banco Santander (Brasil) S.A. (BSBR) approve in this notice?

The Board approved the distribution of Interest on Equity totaling a gross amount of R$ 2,000,000,000.00, resulting in a net amount of R$ 1,650,000,000.00 after withholding income tax, except for immune or exempt shareholders.

What are the per-share Interest on Equity amounts for BSBR common, preferred shares, and Units?

The gross per-share Interest on Equity is R$ 0.25517315448 for common shares, R$ 0.28069046993 for preferred shares, and R$ 0.53586362441 for Units. The net amounts after tax are R$ 0.21051785245, R$ 0.23156963769, and R$ 0.44208749014, respectively.

What is the record date and ex-Interest on Equity date for BSBR shareholders?

Shareholders registered at the end of January 20, 2026 are entitled to the Interest on Equity. From January 21, 2026, the company’s shares will trade ex-Interest on Equity.

When will Banco Santander (Brasil) pay the approved Interest on Equity?

The company plans to start paying the approved Interest on Equity on February 05, 2026. This amount will be fully considered within the mandatory dividends for the year 2026, without any monetary indexation adjustment.

How will BSBR ADR holders on the NYSE receive this Interest on Equity payment?

Holders of the company’s ADRs traded on the NYSE will receive payment through The Bank of New York Mellon, which is the depositary bank, in accordance with regulations applicable to the local market.

Does this Interest on Equity payment affect BSBR’s mandatory dividends for 2026?

Yes. The approved Interest on Equity will be fully considered as part of the mandatory dividends to be distributed by Banco Santander (Brasil) S.A. for the year 2026.