Spanish Banks Undervalued Dividend Payers

Banco Santander

Market Cap: €118.9b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Banco Bilbao Vizcaya Argentaria

Market Cap: €92.5b

Provides retail banking, wholesale banking, and asset management services primarily in Spain, Mexico, Turkey, South America, rest of Europe, the United States, and Asia.