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

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. approved the declaration and payment of Interest on Equity to its shareholders for the 2026 base year. The board authorized a gross distribution of R$ 2,000,000,000.00, which corresponds to R$ 0.25517315448 per common share, R$ 0.28069046993 per preferred share and R$ 0.53586362441 per Unit. After income tax withholding, the net amount will be R$ 1,650,000,000.00, or R$ 0.21051785245 per common share, R$ 0.23156963769 per preferred share and R$ 0.44208749014 per Unit, except for immune or exempt shareholders.

Shareholders on record at the end of January 20, 2026 will be entitled to this Interest on Equity, and the shares will trade ex-rights from January 21, 2026. Payment is scheduled for February 5, 2026, and the amount will be fully considered within the mandatory dividends for the 2026 fiscal year.

Insights

Banking dividends analyst

Santander Brasil approves sizable Interest on Equity distribution for 2026.

Banco Santander (Brasil) S.A. has its board approving Interest on Equity of R$ 2,000,000,000.00 for the 2026 base year. This translates into specific per-share and per-Unit amounts for common, preferred and Unit holders, with net proceeds of R$ 1,650,000,000.00 after income tax withholding for non-exempt investors.

The Interest on Equity will be credited to shareholders of record at the end of January 20, 2026, with shares trading ex-rights from January 21, 2026 and cash payment on February 5, 2026. The company states that this distribution will be fully considered within the mandatory dividends for the 2026 fiscal year, aligning the payout with Brazilian corporate and tax rules.

The filing clarifies that the proposed amount fits within limits set by tax legislation, which is important for preserving its tax-deductible treatment under Brazilian law. Subsequent shareholder approval at the Ordinary General Meeting to be held by April 30, 2027 is referenced, so formal ratification at that meeting will be a procedural step linked to this decision.

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 Company with Authorized Capital

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

Company Registry No. 35.300.332.067

Minutes of the Board of Directors Meeting held on January 09, 2026

DATE, TIME AND PLACE: On January 09, 2026, at 3 p.m., by conference call, the Board of Directors of Banco Santander (Brasil) S.A. (“Company” or “Santander”) have met, with the attendance of all of its members.

CALL NOTICE AND ATTENDANCE: The call was waived in view of the attendance of all members of the Board of Directors.

MEETING BOARD: Deborah Stern Vieitas, Chairman. Bruno Carneiro, Secretary.

AGENDA: To approve the proposal for declaration and payment of Interest on Company’s Equity, pursuant to the Company’s Executive Board proposal.

RESOLUTIONS: The proposal of the Company's Board of Executive Officers was presented to the Board of Directors, as per the meeting held on this date, ad referendum of the Ordinary General Meeting of the shareholders to be held until April 30, 2027, for the declaration and payment 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), corresponding to R$ 0.25517315448 per common share, R$ 0.28069046993 per preferred share and R$ 0.53586362441 per Unit, 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), corresponding to R$ 0.21051785245 per common share, R$ 0.23156963769 per preferred share and R$ 0.44208749014 per Unit, except for immune and/or exempt shareholders.

It remained formalized that (i) the shareholders registered on the Company’s records by the end of January 20, 2026 (including) will be entitled to the Interest on Company’s Equity hereby approved. Therefore, as of January 21, 2026 (including), the Company’s shares shall be traded “Ex-Interest on Company’s Equity”; (ii) the Interest on Company’s Equity hereby approved (a) shall be fully considered within the amount of the mandatory dividends to be distributed by the Company for the year 2026; and (b) shall be paid on February 5, 2026, with no compensation of monetary restatement; (iii) the amount of Interest on Company’s Equity proposed in the base-year fits the limits settled in the tax legislation; (iv) the Board of Directors authorized the Executive Board to take the actions necessary for the release of the proper “Notice to Shareholders”, to disclose to market the resolution just taken; and (v) the support documents of the mentioned declaration and payment of Interest on Company’s Equity shall be kept filed at the Company’s headquarters.

ADJOURNMENT: There being no further matters to be resolved, the Meeting was finalized, and these minutes have been prepared and send to be electronically signed by the attendees. Board: Deborah Stern Vieitas, Chairwoman. Bruno Carneiro, Secretary. Signatures: Mrs. Deborah Stern Vieitas – Chairwoman; Mr. Javier Maldonado Trinchant – Vice Chairman; and

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[Free English Translation]

Messrs. Cristiana Almeida Pipponzi; Cristina San Jose Brosa; Deborah Patricia Wright, Ede Ilson Viani, José de Paiva Ferreira, Nitin Prabhu, Mario Roberto Opice Leão, Pedro Augusto de Melo and Vanessa de Souza Lobato Barbosa – Directors. São Paulo, January 09, 2026.

I certify that this is a true transcript of the minutes recorded in the Minutes of the Board of Directors Meetings Book of the Company.

Bruno Carneiro

Secretary

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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 report?

The board approved the declaration and payment of Interest on Equity for the 2026 base year in the gross amount of R$ 2,000,000,000.00, with a net amount of R$ 1,650,000,000.00 after income tax withholding, except for immune or exempt shareholders.

How much Interest on Equity per share will BSBR shareholders receive?

The gross Interest on Equity corresponds to R$ 0.25517315448 per common share, R$ 0.28069046993 per preferred share and R$ 0.53586362441 per Unit. The net amounts are R$ 0.21051785245 per common share, R$ 0.23156963769 per preferred share and R$ 0.44208749014 per Unit.

What are the record date and ex-date for BSBRs Interest on Equity?

Shareholders registered on the companys records by the end of January 20, 2026 will be entitled to the Interest on Equity. From January 21, 2026 (including), the shares will trade ex-Interest on Equity.

When will Banco Santander (Brasil) S.A. pay the Interest on Equity?

The Interest on Equity approved by the board will be paid on February 5, 2026, with no monetary restatement or adjustment.

How does this Interest on Equity relate to BSBRs mandatory dividends for 2026?

The company states that the Interest on Equity approved will be fully considered within the amount of mandatory dividends to be distributed by Banco Santander (Brasil) S.A. for the 2026 fiscal year.

Are there any conditions or approvals still required for this BSBR Interest on Equity?

The decision was taken by the board based on the Executive Boards proposal, ad referendum of the Ordinary General Meeting of shareholders to be held by April 30, 2027, which is expected to ratify the declaration and payment.