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Last close 23.94000053 on 2026-10-30
Founded: 2000 (Banespa privatization); Banespa itself traced to 1909
Founders: Spain's Banco Santander (acquired Brazil's state-owned Banespa in a 2000 privatization auction)
Santander Brasil is the Brazilian arm of Spain's Banco Santander, built primarily around Banespa (Banco do Estado de São Paulo), a nearly century-old state bank that Santander won at auction for R$7.05 billion in November 2000 -- one of Brazil's largest privatizations.