BSBR vs. MFG: Banco Santander (Brasil) vs. Mizuho Financial Stock Comparison
How do Banco Santander (Brasil) (BSBR) and Mizuho Financial (MFG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Banco Santander (Brasil) (BSBR) and Mizuho Financial (MFG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
Both Banco Santander (Brasil) (BSBR) and Mizuho Financial (MFG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | BSBR | MFG |
|---|---|---|
| Name | Banco Santander (Brasil) S.A. ADR | Mizuho Financial Group, Inc. American Depositary Receipts |
| Country/Region | Brazil | Japan |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 17.37 billion USD | 113.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 7, 2009 | November 8, 2006 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BSBR | MFG |
|---|---|---|
| Total Return (1Y) | -14.74% | 46.98% |
| Total Return (3Y, Annualized) | -0.78% | 47.92% |
| Total Return (5Y, Annualized) | 1.26% | 30.77% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BSBR | MFG |
|---|---|---|
| Volatility (1Y, Annualized) | 38.99% | 33.78% |
| Beta (5Y) | 0.49 | 0.58 |
| Max Drawdown (5Y) | -43.92% | -28.34% |
| Avg. Volume (3M) | 4.31M | 3.45M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BSBR | MFG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.49 | 1.26 |
| Sortino Ratio (1Y) | -0.69 | 1.92 |
Profitability
ROE (TTM)
Both Banco Santander (Brasil) (BSBR) at 10.20% and Mizuho Financial (MFG) at 12.49% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
BSBR
Banks industry group
10.20%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- BSBR
- 10.20%
- Q1
- 9.50%
- Min
- 3.64%
MFG
Banks industry group
12.49%
- Max
- 19.84%
- Q3
- 13.67%
- MFG
- 12.49%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
Both Banco Santander (Brasil) (BSBR) at 27.53% and Mizuho Financial (MFG) at 29.14% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BSBR
Banks industry group
27.53%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- BSBR
- 27.53%
- Q1
- 27.11%
- Min
- 14.93%
MFG
Banks industry group
29.14%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- MFG
- 29.14%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Banco Santander (Brasil) (BSBR) in Banks and Mizuho Financial (MFG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BSBR | MFG |
|---|---|---|
| ROE (TTM) | 10.20% | 12.49% |
| ROA (TTM) | 1.01% | 0.48% |
| Net Margin (TTM) | 27.53% | 29.14% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Mizuho Financial (MFG) at 15.82% is around its peer norm for revenue growth, while Banco Santander (Brasil) (BSBR) at -3.79% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Mizuho Financial (MFG) at 43.61% sits in the top EPS growth quartile, while Banco Santander (Brasil) (BSBR) at -4.61% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | BSBR | MFG |
|---|---|---|
| Revenue Growth (YoY) | -3.79% | 15.82% |
| Revenue Growth (3Y CAGR) | 2.64% | 16.50% |
| EPS Growth (YoY) | -4.61% | 43.61% |
| EPS Growth (3Y CAGR) | -3.82% | 31.89% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Banco Santander (Brasil) (BSBR) in Banks and Mizuho Financial (MFG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Banco Santander (Brasil) (BSBR) in Banks and Mizuho Financial (MFG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BSBR | MFG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Banco Santander (Brasil) (BSBR) at 5.60% earns its spot in the top quartile of its industry’s yields; Mizuho Financial (MFG) at 1,544.20% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
BSBR
Banks industry group
5.60%
- Max
- 5.79%
- BSBR
- 5.60%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
MFG
Banks industry group
1,544.20%
- MFG
- 1,544.20%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Banco Santander (Brasil) (BSBR) reports payout ratio above 100% at 143.10%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Mizuho Financial (MFG) reports 24.88%, ranking against industry peers normally.
BSBR
Banks industry group
143.10%
- BSBR
- 143.10%
- Max
- 70.75%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
MFG
Banks industry group
24.88%
- Max
- 70.75%
- Q3
- 41.28%
- Median
- 29.26%
- MFG
- 24.88%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BSBR | MFG |
|---|---|---|
| Dividend Yield (TTM) | 5.60% | 1,544.20% |
| Dividend Payout Ratio (TTM) | 143.10% | 24.88% |
Valuation
P/E Ratio (TTM)
Mizuho Financial (MFG) at 12.88 is near its industry’s usual P/E ratio, while Banco Santander (Brasil) (BSBR) at 14.97 sits in the richer quartile — BSBR needs stronger growth or earnings quality to justify the premium.
BSBR
Banks industry group
14.97
- Max
- 18.16
- BSBR
- 14.97
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
MFG
Banks industry group
12.88
- Max
- 18.16
- Q3
- 13.75
- MFG
- 12.88
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Banco Santander (Brasil) (BSBR) in Banks and Mizuho Financial (MFG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
Banco Santander (Brasil) (BSBR) at 0.34 trades below its peer P/B ratio range relative to book, while Mizuho Financial (MFG) at 1.57 sits near its industry’s middle — BSBR is the cheaper of the two against assets.
BSBR
Banks industry group
0.34
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
- BSBR
- 0.34
MFG
Banks industry group
1.57
- Max
- 2.28
- Q3
- 1.58
- MFG
- 1.57
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BSBR | MFG |
|---|---|---|
| P/E Ratio (TTM) | 14.97 | 12.88 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 0.34 | 1.57 |
| Free Cash Flow Yield (TTM) | -- | -- |