Banco Santander Brasil SA Gross Margin 2010-2024 | BSBR
- Banco Santander Brasil SA average gross margin for 2023 was 52.17%, a 17.89% decline from 2022.
- Banco Santander Brasil SA average gross margin for 2022 was 63.54%, a 18.18% decline from 2021.
- Banco Santander Brasil SA average gross margin for 2021 was 77.66%, a 16.33% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.