
Santander Offers 15% Premium to Buy Remaining Stake in Brazilian Unit
Spanish parent proposes swapping SANB11 units for shares in the global group in a transaction worth…
Banco Santander (Brasil) is the Brazilian arm of Spain’s Banco Santander, with retail, corporate and investment banking.
SANB11 is the ticker of Santander Brasil’s units on B3, listed in B3’s basic listing segment. The other share classes are SANB3 (ON) and SANB4 (PN). In New York, its ADRs trade on the NYSE as BSBR (units).
Company facts: CVM open data (Formulário Cadastral 2026), available under the ODbL. Descriptions by Brazil Stock Guide.

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SANB11 is the ticker of Santander Brasil’s units on B3, the São Paulo stock exchange, where the company is listed in B3’s basic listing segment.
SANB3 is the common share (ON), which carries voting rights. SANB4 (PN) is the preferred share, which usually has no vote but takes priority in dividends. Each SANB11 unit bundles 1 common share and 1 preferred share, traded as one. All of them are claims on the same company, so prices tend to move together, but liquidity and dividends can differ.
Yes. Non-resident investors can buy shares listed on B3 through a Brazilian custodian after registering with the CVM, the Brazilian securities regulator. Santander Brasil also has ADRs on the New York Stock Exchange: BSBR.
The quote, chart, technical rating, company profile and financials on this page are TradingView widgets with B3 market data. The company facts come from the CVM public register, and the news from the Brazil Stock Guide newsroom.
Market data by TradingView. Informational only — not investment advice.