Banco Santander (Brasil) S.A. announced consolidated unaudited earnings results for the fourth quarter and year ended December 2015. For the quarter, the company reported net interest income of BRL 7,384 million against BRL 6,983 million a year ago. Net interest income after loan losses was BRL 4,622 million against BRL 4,854 million a year ago. Operating profit was BRL 1,614 million against BRL 1,721 million a year ago. Net profit before tax was BRL 1,593 million against BRL 1,749 million a year ago. Net profit was BRL 1,607 million against BRL 1,521 million a year ago. Return on average equity excluding goodwill – annualized was 12.8% against 11.5% a year ago. Return on average assets excluding goodwill – annualized was 1.1% against 1.2% a year ago.


For the year, the company reported net interest income of BRL 29,636 million against BRL 27,649 million a year ago. Managerial net profit was BRL 6,624 million against BRL 5,850 million a year ago. Accounting net profit was BRL 6,998 million against BRL 2,161 million a year ago. Return on average equity excluding goodwill – annualized was 12.4%. Return on average assets excluding goodwill – annualized was 0.9%. Operating income was BRL 7,774 million against BRL 6,850 million a year ago. Net profit before tax was BRL 7,892 million against BRL 6,991 million a year ago. Net interest income after loan losses was BRL 19,975 million against BRL 18,258 million a year ago.