Santander Brasil Files 6-K for Q1 2024

TL;DR

Santander Brasil filed its Q1 2024 6-K, confirming 20-F annual report filings.

AI Summary

Banco Santander (Brasil) S.A. filed a Form 6-K on August 2, 2024, reporting for the period ending March 31, 2024. The filing indicates the company is a foreign private issuer and will file its annual reports under Form 20-F. The report details the company's principal executive offices in Sao Paulo, Brazil.

Why It Matters

This filing provides an update on Banco Santander (Brasil) S.A.'s reporting status and financial period, which is crucial for investors tracking the company's performance and regulatory compliance.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (6-K) confirming reporting status and providing basic company information, not indicating new financial risks.

Key Players & Entities

• Banco Santander (Brasil) S.A. (company) — Registrant
• 001-34476 (company) — SEC File Number
• 20240802 (date) — Filing Date
• 20240331 (date) — Reporting Period End Date
• Sao Paulo, SP (location) — Principal Executive Office Location

FAQ

Filing Documents

• bsbrfsbrgaap1q24_6k.htm (6-K) — 1872KB
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• 0001292814-24-002945.txt ( ) — 1913KB

From the Filing

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 August, 2024 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 So 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 BANCO SANTANDER (BRASIL) S.A. CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS TABLE OF CONTENTS Page Consolidated Condensed Balance Sheet 5 Consolidated Condensed Statements of Income 7 Consolidated Condensed Statements of Comprehensive Income 8 Consolidated Condensed Statements of Changes in Stockholders' Equity 9 Consolidated Condensed Statement of Cash Flows 10 1. Operating context, presentation of condensed consolidated financial statements and other information 11 2. Basis for consolidation 13 3. Financial assets 18 4. Non-current assets held for sale 21 5. Interests in associates and joint ventures 21 6. Permanent assets 23 7. Intangible assets - Goodwill 23 8. Intangible assets - Other intangible assets 24 9. Financial liabilities 24 10. Provision for judicial and administrative proceedings, commitments and other provisions 26 11. Stockholders' equity 29 12. Income Tax 31 13. Detailing of income accounts 31 14. Employee Benefit Plan 33 15. Operating segments 36 16. Transactions with related parties 37 17. Fair value of financial assets and liabilities 40 18. Other disclosures 44 19. Subsequent Events 52 APPENDIX I – Condensed Consolidated Statement of Added Value 53 Management Report 54 Composition of Management Bodies as of March 31, 2024 60 Declaration of directors on the financial statements 62 Directors' Statement on the Independent Auditors' Report 63 Report on review of consolidated condensed interim financial statements To the Board of Directors and Stockholders Banco Santander (Brasil) S.A. Introduction We have reviewed the consolidated condensed balance sheet of Banco Santander (Brasil) S.A. ("Bank") and its subsidiaries as at March 31, 2024 and the related consolidated condensed statements of income, comprehensive income, changes in stockholders' equity and cash flows for the quarter then ended, and explanatory notes. Management is responsible for the preparation and presentation of these consolidated condensed interim financial statements in accordance with the International Accounting Standard (IAS) 34 - "Interim Financial Reporting" issued by the International Accounting Standards Board (IASB). Our responsibility is to express a conclusion on these consolidated condensed interim financial statements based on our review. Scope of review We conducted our review in accordance with Brazilian and International Standards on Reviews of Interim Financial Information (NBC TR 2410 - "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" and ISRE 2410 - "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", respectively). A review of interim information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Brazilian and International Standards on Auditing and consequently did not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the accompanying consolidated condensed interim financial statements referred to above are not prepared, in all material respects, in accordance with the International Accounting Standard IAS 34 - Interim Finan

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View this 6-K filing on SEC EDGAR