View ValuationBanco Santander 향후 성장Future 기준 점검 2/6Banco Santander (는) 각각 연간 14.8% 및 11.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 15.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 16.1% 로 예상됩니다.핵심 정보14.8%이익 성장률15.11%EPS 성장률Banks 이익 성장8.2%매출 성장률11.8%향후 자기자본이익률16.12%애널리스트 커버리지Good마지막 업데이트14 May 2026최근 향후 성장 업데이트공시 • Mar 28+ 2 more updatesBanco Santander, S.A. Provides Earnings Guidance for the Full Year 2026Banco Santander, S.A. provided earnings guidance for the full year 2026. All the group's targets for 2026, including mid-single digit revenue growth, a reduction in costs in constant euros, stable cost of risk, profit growth versus €14.1 billion in 2025.공시 • Oct 30Banco Santander, S.A. Provides Earnings Guidance for the Full Year 2025Banco Santander, S.A. provided earnings guidance for the full year 2025. For the period, the company is confident to meet the revenue target of EUR 62 billion. Mid-high single-digit net fee income growth in constant euros.공시 • Feb 02Banco Santander, S.A. Provides Earnings Guidance for the Year 2024Banco Santander, S.A. provided earnings guidance for the year 2024. For the year 2024, the company expects mid-single digit revenue growth.모든 업데이트 보기Recent updates공시 • Apr 22Banco Santander, S.A. to Report Q1, 2026 Results on Apr 29, 2026Banco Santander, S.A. announced that they will report Q1, 2026 results on Apr 29, 2026공시 • Mar 28+ 2 more updatesBanco Santander, S.A. Provides Earnings Guidance for the Full Year 2026Banco Santander, S.A. provided earnings guidance for the full year 2026. All the group's targets for 2026, including mid-single digit revenue growth, a reduction in costs in constant euros, stable cost of risk, profit growth versus €14.1 billion in 2025.Seeking Alpha • Feb 27Banco Santander: The Risk-Reward Proposition Has Not Improved Much Following Recent EventsSummary Banco Santander now trades at a decade-high 1.63x P/BV, following a strong share price rally and sector-wide re-rating. 2025 operating performance was flat, with revenue and profit growth driven mainly by non-recurring 'other results' rather than core business expansion. Strategic acquisitions, notably Webster Financial, are expected to improve SAN's U.S. risk profile, generate €800 million in annual synergies, and support EPS accretion by 2028. Despite ambitious 2028 targets (RoTE >20%, net profit >€20B), SAN's premium valuation limits long-term risk-reward attractiveness. Read the full article on Seeking Alpha공시 • Feb 26Banco Santander, S.A., Annual General Meeting, Mar 26, 2026Banco Santander, S.A., Annual General Meeting, Mar 26, 2026.공시 • Feb 25+ 1 more updateHomaira Akbari Announces Not to Stand for Re-Election to the Board of Banco Santander, S.AThe board is also submitting to the shareholders' meeting the appointment of Deborah Vieitas as a new independent director, subject to regulatory approval. Vieitas will fill the vacancy left by Homaira Akbari, who has informed that she will not stand for re-election and will therefore step down following this year's shareholders' meeting. Deborah Vieitas currently serves as non-executive chair of Banco Santander Brasil and brings extensive executive experience in international banking and financial markets, having held senior leadership positions at international and Brazilian financial institutions. She previously served as CEO of the Brazilian subsidiary of Caixa Geral de Depósitos and held senior roles at global financial institutions including BNP Paribas and Crédit Commercial de France. Her appointment further strengthens the board's international expertise, financial services experience and geographic diversity.공시 • Feb 04Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion.Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity. Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration. Mr. Ciulla and Mr. Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut, which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA.Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service. The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander. The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The expected completion of the transaction is in in the second half of 2026. Centerview Partners LLC acted as financial advisor for Banco Santander, S.A. Goldman Sachs & Co. LLC acted as financial advisor for Banco Santander, S.A. Bank of America Europe DAC acted as financial advisor for Banco Santander, S.A. Davis Polk & Wardwell LLP acted as legal advisor for Banco Santander, S.A. Uría Menéndez Abogados, S.L.P. acted as legal advisor for Banco Santander, S.A. J.P. Morgan Securities LLC acted as financial advisor for Webster Financial Corporation. J.P. Morgan Securities LLC acted as fairness opinion provider for Webster Financial Corporation. Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation.공시 • Jan 28Banco Santander, S.A. to Report Fiscal Year 2025 Results on Feb 04, 2026Banco Santander, S.A. announced that they will report fiscal year 2025 results on Feb 04, 2026공시 • Jan 16Banco Santander, S.A., Annual General Meeting, Apr 29, 2026Banco Santander, S.A., Annual General Meeting, Apr 29, 2026.공시 • Oct 30Banco Santander, S.A. Provides Earnings Guidance for the Full Year 2025Banco Santander, S.A. provided earnings guidance for the full year 2025. For the period, the company is confident to meet the revenue target of EUR 62 billion. Mid-high single-digit net fee income growth in constant euros.공시 • Oct 22Banco Santander, S.A. to Report Q3, 2025 Results on Oct 29, 2025Banco Santander, S.A. announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Jul 23Banco Santander, S.A. to Report First Half, 2025 Results on Jul 30, 2025Banco Santander, S.A. announced that they will report first half, 2025 results on Jul 30, 2025공시 • Jul 06Crédit Agricole S.A. (ENXTPA:ACA) completed the acquisition of remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN).Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on December 19, 2024. Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take place during 2025. Mathieu Remy, Alexandre Merle, Frédérick Lacroix, Hélène Kouyaté, David Tayar, Miguel Barredo, Caroline Dawson, Christian Kremer, Oliver Zwick and Udo Prinz of Clifford Chance acted as legal advisor to Crédit Agricole in the acquisition. Jefferies acted as financial advisor to Santander in the transaction. Santander Global Corporate Banking acted as financial advisor to CACEIS S.A. Antonio Herrera, Isabel Aguilar, Carolina Albuerne, Francisco San Miguel, Javier García Sanz and Alfonso Gutiérrez of Uría Menéndez Abogados, S.L.P. served as legal advisor to Banco Santander, S.A. Crédit Agricole S.A. (ENXTPA:ACA) completed the acquisition of remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on July 4, 2025.공시 • Jul 02Santander UK plc has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell, S.A. (BME:SAB) in a valuation of £2.65 billion.Santander UK plc has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell, S.A. (BME:SAB) in a valuation of £2.65 billion on July 1, 2025. Under the terms of agreement, the consideration is being paid in an all-cash transaction. The all-cash transaction values TSB at 5x 2026 earnings post identified cost synergies and 1.45x tangible book value as of March 31, 2025. The acquisition would strengthen Santander's position in the UK. Santander intends to integrate TSB in the Santander UK group, enabling it to become the third largest bank in the country by personal current account balances. Post completion of the acquisition, the two banks would serve nearly 28 million retail and business customers nationwide, giving TSB customers access to Santander's international network and allowing them to benefit from the group's leading technology platforms. The transaction remains subject to regulatory approvals and Sabadell shareholder approval. The transaction is expected to close in first quarter of 2026. The transaction is expected to generate a return on invested capital of over 20%, thereby contributing to an increase in Santander UK's return on tangible equity from 11% in 2024 to 16% in 2028, in line with leading UK peers, with cost synergies of at least £400 million or 13% of the combined business's cost base. the transaction would be accretive to earnings per share from the first year and of c.4% by 2028 and consume approximately 50 basis points of CET1 capital. Santander is expected to operate with an approximately 13% CET1 ratio at year-end 2025 on a pro forma basis for both the sale of 49% of Santander Polska and associated share buyback in early 2026 announced on 5 May 20253, and the acquisition of TSB. Morgan Stanley (España), S.A. acted as financial advisor to Banco de Sabadell, S.A. (BME:SAB).공시 • Jun 19Barclays Reportedly to Be Among Firms Interested in Buying TSBBanco de Sabadell, S.A. (BME:SAB)’s British unit TSB (TSB Banking Group plc) is attracting initial interest from potential buyers including Barclays PLC (LSE:BARC) and Banco Santander, S.A. (BME:SAN), according to people familiar with the matter. The banks are in the early stages of exploring separate bids for TSB, according to the people, who asked not to be named discussing private information. Sabadell confirmed this week it had received expressions of interest and would consider offers for the business it’s owned for ten years. A sale could help its defense against a hostile takeover by rival BBVA SA, by removing a valuable asset.공시 • Jun 06Banco Santander Announces Chief Accounting Officer ChangesBanco Santander announced that it has appointed a new accounting head. The company has appointed Manuel Preto as its new chief accounting officer. Preto, currently deputy chief executive officer, chief financial officer and head of strategy for Santander Portugal, is to take over from Jose Doncel in July.공시 • Apr 28Erste Group Weighs Buying 49% of Santander’s Polish UnitErste Group Bank AG (WBAG:EBS) is exploring buying a major stake in Banco Santander, S.A. (BME:SAN)’s Polish unit, seizing an opportunity to expand in one of Europe’s fastest-growing markets. Austria’s largest lender is in talks with the Spanish bank about acquiring 49% of Santander Bank Polska S.A. (WSE:SPL), Erste said in a statement April 28, 2025 that confirmed an earlier Bloomberg News report. The stake is valued at around €7.3 billion ($8 billion) based on the most recent stock price. It’s not clear if the talks will lead to an agreement, Erste said. A spokesperson for Santander didn’t respond to an earlier request for comment. Under the proposed terms, Erste would effectively gain control of the Polish lender as its largest single shareholder despite not having a majority holding, people familiar with the matter said. By buying less than 50%, Erste will avoid triggering a mandatory tender for the remaining shares in the bank. A deal between Vienna-based Erste and Spain’s biggest bank would be one of the largest banking transactions in Europe in recent years. Bloomberg reported in early April that Banco Santander was exploring a sale of its 62% stake in its Polish unit to refocus on other markets. The deal would deliver on Erste Group Chief Executive Officer Peter Bosek’s ambitions to expand into Poland, made after his return to Vienna last year from Luminor Group. Any transaction would require regulatory approval from the European Central Bank and the national banking authorities. That would likely be granted given that it is an deal within the European Union and wouldn’t create a dominant market position or any other distortions, some of the people said.공시 • Apr 23Banco Santander, S.A. to Report Q1, 2025 Results on Apr 30, 2025Banco Santander, S.A. announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Apr 08Santander Reportedly to Weigh Options for $8 Billion Polish Stake in Santander Bank PolskaBanco Santander, S.A. (BME:SAN) is exploring options including a potential sale of its majority stake in its Polish unit as it focuses on expansion in the Americas, according to people familiar with the matter. Spain’s biggest bank is working with an adviser to review its 62% stake in Santander Bank Polska S.A. (WSE:SPL) and has reached out to gauge interest of potential investors, the people said, asking not to be identified as the information is private. Santander’s stake in the unit is worth about $8 billion based on the most recent stock price. Deliberations are preliminary and Santander could decide to keep the asset for longer or opt for a partial sell-down of its stake, the people said. In September, the Spanish lender raised roughly PLN 2.46 billion ($627 million) in a sale of a 5.2% stake in the unit. A potential deal could also meet hurdles as the Polish unit could be too big in size for domestic banks to acquire, they added. A representative for Santander declined to comment. The review on the Polish unit comes as Santander Executive Chair Ana Botin is focusing on growth in the Americas while de-prioritizing the bank’s operations in Europe. The Spanish bank has been hiring in the US and rolling out a new digital bank in the country as well as in Mexico. Santander had said in September it’s seeking to redeploy capital to growth opportunities after the stake sale in the Polish unit.공시 • Apr 05Banco Santander, S.A. Approves Fixed Final Dividend, Payable on May 2, 2025Banco Santander, S.A. at the General share holders meeting held on April, 2025 approved Fixed final dividend of EUR 11 cents gross per share entitled to receive the dividend, payable in cash as from May 2, 2025. The total amount has been estimated assuming that, as a consequence of the partial implementation of the buyback programme announced on 5 February 2025, 14,988,884,075 of the Bank's outstanding shares will be entitled to receive the dividend. Therefore, the total amount of the final dividend may be higher if fewer shares than anticipated are acquired under the buyback programme, or lower in the opposite case.공시 • Mar 25Banco Santander Plans to Split Its Insurance OperationsBanco Santander announced plans to split its insurance operations into two: Life and Pensions, and Protection Insurance.공시 • Mar 24Banco Santander Announces Executive ChangesBanco Santander has announced a new appointment to strengthen its insurance business. The firm has appointed Peter Huber as its new global head. He is to take over from Armando Baquero, who is leaving the firm. He has more than 20 years of experience. Huber joins from insurtech Wefox, where he was director of insurance.공시 • Mar 05Banco Santander, S.A. (BME:SAN) acquired 89.9% stake in Tresmares Capital Corporate S.L.Banco Santander, S.A. (BME:SAN) acquired 89.9% stake in Tresmares Capital Corporate S.L. on March 3, 2025. Santander has obtained regulatory authorization to acquire 89.9% of Tresmares Capital. As part of this plan, Tresmares will open a new office in Germany in 2025 and another in Poland in 2026. In addition, it will launch new divisions of funds of funds and fund financing this year. Tresmares Capital will remain independently managed and its current CEO, Borja Oyarzábal, will continue to lead the project, ensuring the continuity ofthe platform's approach and strategy. Banco Santander, S.A. (BME:SAN) completed the acquisition of 89.9% stake in Tresmares Capital Corporate S.L. on March 3, 2025.공시 • Feb 26+ 1 more updateBanco Santander, S.A., Annual General Meeting, Apr 03, 2025Banco Santander, S.A., Annual General Meeting, Apr 03, 2025.Seeking Alpha • Feb 22Banco Santander: Starting To Get Its Due From The MarketSummary Banco Santander has been a strong performer since my last update, with good fourth quarter results and bullish FY2025 guidance driving the shares back over tangible book value. Management expects Santander to deliver a strong 16.5% return on tangible equity this year. Given the current P/TBVPS multiple, this would imply a P/E of just ~7x. While the higher share price would have lowered the stock's total yield based on Santander's usual 50% payout ratio, capital returns for 2025-2026 have been upped by roughly €4 billion. Read the full article on Seeking Alpha공시 • Feb 14Santander Reportedly Explores Sale of UK Business with NatWestBanco Santander, S.A. (BME:SAN) has held talks with NatWest Group plc (LSE:NWG) over the potential sale of its UK banking business (Santander UK Group Holdings plc). Early-stage negotiations took place between the two lenders last year, according to the Financial Times, which reported that there was still interest in a potential deal. Santander said last month that the bank will remain in the UK "into the future". The Spanish lender first entered the UK market two decades ago. It serves more than 14m British customers and has more than 400 branches across the country. A spokesman for Santander said: "Santander UK is not for sale. The UK remains a core part of Santander's globally diversified business model." NatWest declined to comment.Seeking Alpha • Jan 23Banco Santander: A Positive Update For 2025Summary Banco Santander stock remains a "Buy" due to its operational outperformance, impressive efficiency improvements, and significant profit growth, despite not being as "cheap" as before. The bank's 3Q24 results confirmed my positive thesis, with record profits, improved efficiency ratios, and increased shareholder rewards through dividends and buybacks. Santander's geographic diversification and successful ONE transformation program mitigate risks, making it a fundamentally appealing investment compared to peers like BBVA, HSBC, and Lloyds. I maintain my price target of $5.25/share for 2025 on SAN, expecting continued outperformance and market recognition of the bank's undervaluation. Read the full article on Seeking Alpha공시 • Jan 17Banco Santander, S.A. announced that it has received €225 million in fundingBanco Santander, S.A. announced that it has raised €225 million in a round of funding on January 15, 2025. The transaction included participation from new lender an affiliate of Värde Partners, Inc. The company issued non convertible loan in the transaction.공시 • Jan 07Banco Santander, S.A. to Report Fiscal Year 2024 Results on Feb 05, 2025Banco Santander, S.A. announced that they will report fiscal year 2024 results on Feb 05, 2025공시 • Dec 21Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN).Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on December 19, 2024. Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take place during 2025.Seeking Alpha • Oct 30Banco Santander Q3 Earnings: 2025 Commentary Looks BullishSummary Banco Santander, S.A. delivered another period of record earnings last quarter, with the market rewarding this by sending the stock down around 3%. Potential remediation charges in the U.K. and lower European interest rates may be to blame, but neither should really move the dial. Management commentary regarding 2025 was also bullish. SAN stock still trades at a meaningful discount to tangible book value, implying a P/E of just 5x based on current earnings. Read the full article on Seeking Alpha공시 • Oct 14Banco Santander, S.A. (BME:SAN) acquired Clm Fleet Management Ltd.Banco Santander, S.A. (BME:SAN) acquired Clm Fleet Management Ltd on October 14, 2024. Banco Santander, S.A. (BME:SAN) completed the acquisition of Clm Fleet Management Ltd on October 14, 2024.공시 • Oct 01Banco Santander, S.A. to Report Q3, 2024 Results on Oct 30, 2024Banco Santander, S.A. announced that they will report Q3, 2024 results on Oct 30, 2024Seeking Alpha • Aug 09Banco Santander: Record H1 Results Met With A Cheaper ValuationSummary Shares of multinational banking giant Banco Santander have been a little soft since my last update, trailing European financials by around ten points in that time. Results for the first half of the year produced records throughout the income statement, with the bank's return on tangible equity still comfortably in the mid-teens area. The recent share price decline puts the stock at just 0.8x tangible book value, with this implying a P/E of just 5x alongside a double-digit dividend-plus-buyback yield. Read the full article on Seeking AlphaSeeking Alpha • Jul 23Outperforming The Average With SantanderSummary Strong operating performance in 1Q24 shows Santander's turnaround strategy is working well, with potential for further growth. Santander's trajectory is positive, outperforming S&P500 averages with improved fundamentals and earnings growth. Despite risks from exposure to Latin America, Santander remains attractively priced and continues to outperform. Read the full article on Seeking Alpha공시 • Jul 17Banco Santander, S.A. to Report First Half, 2024 Results on Jul 24, 2024Banco Santander, S.A. announced that they will report first half, 2024 results on Jul 24, 2024공시 • May 03Santander Says It Is Not Considering Sale of Argentina BusinessBanco Santander, S.A. (BME:SAN)'s Chief Executive Officer Hector Grisi said bank is not considering potential sale of its business in Argentina.Seeking Alpha • May 01Banco Santander Q1: Earnings Remain In A Sweet SpotSummary Shares of Spanish giant Santander have gained just under 30% since last coverage, as the market continues to play catch-up to the bank's elevated levels of profitability. Q1 results were robust enough, with the bank reporting a strong mid-teens return on tangible equity despite the impact of the Spanish windfall banking tax. The bank's Spanish operations remain surprisingly profitable at this stage in the cycle, while Brazil is seeing some expected improvement. These shares remain reasonably valued below tangible book value, continuing to afford investors a reasonable margin of safety. Read the full article on Seeking Alpha공시 • Apr 24Banco Santander, S.A. to Report Q1, 2024 Results on Apr 30, 2024Banco Santander, S.A. announced that they will report Q1, 2024 results on Apr 30, 2024공시 • Mar 28Banco Santander Appoints Swati Bhatia as Head for Retail Banking and TransformationBanco Santander has announced the appointment of a head for retail banking and transformation. The firm has announced the appointment of Swati Bhatia to the position. The move comes as the bank is aiming to transform retail banking operations in the US. The appointment is effective immediately and Bhatia is to take charge of US Consumer and Business Banking and all related digital transformation initiatives. Bhatia most recently led the Marcus business at Goldman Sachs.공시 • Mar 23Banco Santander, S.A. Approves Final Dividend, Payable from 2 May 2024Banco Santander, S.A. at the General Shareholders' Meeting held on 22 March 2024, Fixed final dividend of EUR 9.50 cents gross per share entitled to receive the dividend, payable in cash as from 2 May 2024. The total amount has been estimated assuming that, as a consequence of the partial implementation of the buyback programme announced on 19 February 2024, 15,483,617,874 of the Bank's outstanding shares will be entitled to receive the dividend. Therefore, the total amount of the final dividend may be higher if fewer shares than anticipated are acquired under the buyback programme, or lower in the opposite case. Estimated amount corresponding to a final dividend of EUR 1,470,943,698.03. This figure will increase or decrease by the same amount by which the total amount of the final dividend is lower or higher, respectively, than the estimate of such final dividend.공시 • Mar 09Santander Appoints Mencia Bobo as Banking Global HeadSantander has announced the hire of a transaction banking global head. The Spanish bank has appointed Mencia Bobo to the position. Bobo had been leading the bank's trade and working capital solutions business for some time. She has been with the firm for 18 years.공시 • Feb 20+ 2 more updatesBanco Santander, S.A. Announces Board ChangesThe board of directors of Banco Santander also submitted the appointments of Carlos Barrabés and Antonio Weiss as new independent directors for approval at the AGM, subject to regulatory authorisations. Mr. Barrabés and Mr. Weiss will fill the vacancies that will be left by Bruce Carnegie-Brown, who will be stepping down after this year’s AGM, and Ramiro Mato, who has also informed of his intention to not stand for re-election and leave the board of directors after the AGM, once the regulatory approval for the appointment of Antonio Weiss is obtained.Seeking Alpha • Feb 17Banco Santander Remains Materially UndervaluedSummary Shares of Banco Santander have been fairly quiet since previous coverage in October, trailing the broader European financial universe as well as certain peers like BBVA. Q4 results were a bit so-so, while management's 2024 profitability target looks very ambitious. These shares still trade at a clear discount to tangible book value, which continues to undervalue the bank's through-the-cycle earnings power. Read the full article on Seeking Alpha공시 • Feb 02Banco Santander, S.A. Provides Earnings Guidance for the Year 2024Banco Santander, S.A. provided earnings guidance for the year 2024. For the year 2024, the company expects mid-single digit revenue growth.Seeking Alpha • Jan 16Santander Remains A Strong Play Of Southern-European/European BankingSummary Banco Santander has shown solid performance and outperformed the S&P500 with a 7% growth. The company's trajectory is expected to be positive, supported by improved fundamentals and earnings growth. Despite risks from exposure to Latin America and emerging market currency, Santander has the potential for significant upside and remains a buy. Read the full article on Seeking Alpha공시 • Dec 21Banco Santander, S.A. to Report Fiscal Year 2023 Results on Jan 31, 2024Banco Santander, S.A. announced that they will report fiscal year 2023 results on Jan 31, 2024공시 • Nov 17Santander Bank, N.A. Introduces New Essential Checking AccountSantander Bank, N.A. announced a new consumer checking offering, Santander®? Essential Checking, to make banking easier for its customers. The account empowers customers to spend what they have without the risk of over-drafting funds or being charged associated fees by eliminating overdrafts and including a $4 monthly fee that is automatically waived if any owner on the account is under 26 years of age or at least 65 years of age. Essential Checking is certified by the Cities for Financial Empowerment Fund as meeting the Bank On National Account Standards, which indicates that the account meets over 25 features for customers who are looking to improve their finances a safe, affordable and useful banking offering to access and manage their money. Essential Checking joins three other easy-to-use checking accounts in Santander's suite of offerings, and customers have the ability to choose an account that fits their personal needs and financial goals. Santander Essential Checking also includes reduced fees of $2 for paper statements and $2.50 for domestic non-Santander ATM withdrawals, as well as a 50% discount on Santander Exclusive Checks. Additionally, the Bank announced further benefits to its Simply Right®? Checking and Santander®? Savings accounts, aimed at any owner on the account who is under 26 years of age: Simply Right Checking: Waived monthly fee, a reduced cash withdrawal fee of $2 at domestic non-Santander ATMs and no incoming wires fee. Santander Savings: Waived monthly fee and $0 cash withdrawal fee at domestic non-SantAND ATMs. The new Essential Checking account and updates to Santander's checking and savings products follows changes announced in 2022 to Santander®? Safety Net, the Bank's flexible overdraft policy, which eliminated its non-sufficient funds fee, charged when a payment transaction is returned, and reduced the overdraft fee to $15 from $35, charged when items are paid.공시 • Oct 26Santander May Look into Potential Acquisition of Metro Mortgage PortfolioBanco Santander, S.A. (BME:SAN) may consider looking into acquiring a mortgage portfolio from Metro Bank Holdings PLC (LSE:MTRO) (Metro) if the British bank decides to put it up for sale, the Spanish bank’s Chief Executive Officer Hector Grisi said on October 25, 2023. Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a GBP 325 million capital raise and GBP 600 million debt refinancing. The bank also said it was in discussions regarding the sale of up to GBP 3 billion ($3.64 billion) of residential mortgages. “We have to review it, we have to analyse it and then we will make a decision whether we go ahead or not, but it is always important to analyse it,” Grisi said when asked at a news briefing about the bank’s potential interest in the portfolio. “Today the truth is that I don’t know whether Metro will end up doing something or not, whether it will sell a portfolio or not”.공시 • Oct 19Banco Santander, S.A. to Report Q3, 2023 Results on Oct 25, 2023Banco Santander, S.A. announced that they will report Q3, 2023 results on Oct 25, 2023공시 • Sep 28Banco Santander, S.A. Announces Board ChangesBanco Santander, S.A. announced that it approves the appointment of Glenn Hutchins as vice chair and lead independent director effective 1 October 2023. Mr. Hutchins succeeds Bruce Carnegie-Brown, who will retire from the board at the next Annual General Meeting in 2024 after more than nine years of service. Glenn Hutchins, who joined Santander’s board of directors in 2022 as a non-executive director (independent), will replace Bruce Carnegie-Brown, who will retire from the board in 2024 after more than nine years. Mr. Hutchins will replace Mr. Carnegie-Brown as chair of the board remuneration committee effective on 1 October 2023, with Mr. Carnegie-Brown remaining as a member of that committee until the 2024 annual general meeting (AGM) to ensure an orderly transition. Mr. Carnegie.공시 • Sep 27Banco Santander, S.A. Approves Interim Cash Dividend, Payable on November 2, 2023The board of directors of Banco Santander, S.A. approved the payment of an interim cash dividend against 2023 results of 8.10 euro cents per share, equivalent to c. 25 % of the Group’s underlying profit in the first half of 2023. The interim dividend will be paid from 2 November 2023; and The last day to trade shares with a right to receive the interim dividend will be 30 October 2023, the ex-dividend date will be 31 October 2023 and the record date will be 1 November 2023.공시 • Sep 22Banco Santander Announces Management AppointmentsBanco Santander has announced the appointment of a management team for a new holding company. The firm has announced that Francisco del Cura, currently global head of insurance, is to become chair of Santander Insurance Holding. The firm has also announced that Armando Baquero will become the firm's CEO. The new holding company will bring the firm's worldwide insurance companies under one roof. Santander Insurance Holding is to oversee the firm's global insurance businesses. Santander runs its insurance business through wholly-owned companies, special distribution agreements, and partnerships with other insurers.공시 • Sep 20Banco Santander, S.A. Appoints Andrew Ruffell as New Head of UK Rates SalesBanco Santander has announced the appointment of a new head of UK rates sales. Andrew Ruffell is the new appointment and he was previously with Goldman Sachs at its London office. He is to now operate as head of UK rates sales.공시 • Aug 18Banco Santander Appoints Fabrizio Giordano as Head of Strategic Equity for Europe, the Middle East and AfricaBanco Santander has announced a new appointment for strategic equity. The firm has announced the hire of a former Barclays Plc banker to lead its strategic equity department. Fabrizio Giordano, who spent more than 18 years in senior roles at Barclays Plc, is set to join the Spanish bank as head of strategic equity for Europe, the Middle East and Africa. Giordano left Barclays Plc last year. In the new position, he will continue to be based in London.공시 • Jul 13Banco Santander, S.A. to Report Q2, 2023 Results on Jul 26, 2023Banco Santander, S.A. announced that they will report Q2, 2023 results at 9:00 AM, Romance Standard Time on Jul 26, 2023공시 • Jun 14Lightico Ltd acquired Vizolution Limited.Lightico Ltd acquired Vizolution Limited on June 12, 2023. The deal will combine Vizolution's transformational agent-assisted and self-serve solutions with Lightico's powerful Compliant Digital Completion Platform, including its workflow-integrated eSignature, document collection, and identification & verification services. Vizolution's team will join Lightico's organizational structure with Zviki Ben Ishay, Lightico's Chief Executive Officer, at the helm and Bill Safran, Vizolution's Chief Executive Officer, transitioning to Chief Strategy Officer. HSBC Ventures, Santander Consumer Finance, Natwest and Development Bank of Wales join Lightico's current backers Capital One Ventures, Crescendo, Lool Ventures, Mangrove Capital, Oxx, and Spinach Angels. Lightico Ltd completed the acquisition of Vizolution Limited on June 12, 2023.공시 • May 06Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A.Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023.Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. completed the acquisition of 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023.공시 • Feb 03Santander Not Interested in Potential Acquisition of Orange BankBanco Santander, S.A. (BME:SAN) is not interested in the potential acquisition of Orange Bank, SA, the mobile banking unit of Orange S.A. (ENXTPA:ORA), Chairman Ana Botin said on February 2, 2023. Les Echos reported on February 1, 2023 that French banks BNP Paribas SA (ENXTPA:BNP), Crédit Agricole S.A. (ENXTPA:ACA) and Société Générale Société anonyme (ENXTPA:GLE) were mulling a bid for Orange Bank, SA. The newspaper added that Spanish bank Santander and U.S. private equity fund Cerberus Capital Management, L.P. were also considering a bid. "We are not interested in Orange," Botin said during the annual earnings press conference in Madrid.이익 및 매출 성장 예측NYSE:SAN - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202870,59920,075N/AN/A1412/31/202767,77817,890N/AN/A1512/31/202663,18215,801N/AN/A163/31/202647,37412,468-22,009-15,418N/A12/31/202546,83611,937-22,494-14,835N/A9/30/202550,67412,7996,45415,155N/A6/30/202550,15812,57629,65638,621N/A3/31/202546,86810,891-5,2974,643N/A12/31/202447,81010,713-34,753-24,155N/A9/30/202446,60810,682-51,065-38,354N/A6/30/202447,56610,747-56,893-43,262N/A3/31/202447,69910,701N/AN/AN/A12/31/202343,2619,526-8,6285,015N/A9/30/202344,1429,545N/AN/AN/A6/30/202342,9189,486-3,0118,425N/A3/31/202341,7189,104N/AN/AN/A12/31/202241,9479,07616,86627,706N/A9/30/202241,1209,025N/AN/AN/A6/30/202240,4428,75623,52236,032N/A3/31/202239,8868,493N/AN/AN/A12/31/202139,0077,55845,28856,691N/A9/30/202136,6985,574N/AN/AN/A6/30/202135,6055,15739,80149,130N/A3/31/202133,289-8,046N/AN/AN/A12/31/202031,840-9,32357,63366,153N/A9/30/202034,633-6,860N/AN/AN/A6/30/202036,271-8,08937,41950,157N/A3/31/202038,9594,55925,67639,343N/A12/31/201940,9365,920N/A3,389N/A9/30/201940,1305,648N/AN/AN/A6/30/201939,3986,697N/A8,848N/A3/31/201939,3397,012N/A12,642N/A12/31/201839,3267,250N/A3,416N/A9/30/201839,4606,761N/A-6,167N/A6/30/201839,8916,272N/A20,885N/A3/31/201839,6646,371N/A22,462N/A12/31/201739,4026,224N/A40,188N/A9/30/201737,9666,310N/A64,041N/A6/30/201736,5316,564N/A40,295N/A3/31/201735,7436,104N/A25,895N/A12/31/201634,4785,870N/A21,823N/A9/30/201633,6074,312N/A15,760N/A6/30/201633,8844,310N/A9,765N/A3/31/201634,4575,590N/A12,217N/A12/31/201535,1815,690N/A5,678N/A9/30/201536,6497,143N/A-9,296N/A6/30/201536,0197,144N/A-18,149N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SAN 의 연간 예상 수익 증가율(14.8%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: SAN 의 연간 수익(14.8%)이 US 시장(16.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: SAN 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: SAN 의 수익(연간 11.8%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: SAN 의 수익(연간 11.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SAN의 자본 수익률은 3년 후 16.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YBanks 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:43종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Banco Santander, S.A.는 38명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Javier Esteban LarioBanco de Sabadell. S.A.Cecilia Romero ReyesBarclaysThomas Andrew RaynerBarclays35명의 분석가 더 보기
공시 • Mar 28+ 2 more updatesBanco Santander, S.A. Provides Earnings Guidance for the Full Year 2026Banco Santander, S.A. provided earnings guidance for the full year 2026. All the group's targets for 2026, including mid-single digit revenue growth, a reduction in costs in constant euros, stable cost of risk, profit growth versus €14.1 billion in 2025.
공시 • Oct 30Banco Santander, S.A. Provides Earnings Guidance for the Full Year 2025Banco Santander, S.A. provided earnings guidance for the full year 2025. For the period, the company is confident to meet the revenue target of EUR 62 billion. Mid-high single-digit net fee income growth in constant euros.
공시 • Feb 02Banco Santander, S.A. Provides Earnings Guidance for the Year 2024Banco Santander, S.A. provided earnings guidance for the year 2024. For the year 2024, the company expects mid-single digit revenue growth.
공시 • Apr 22Banco Santander, S.A. to Report Q1, 2026 Results on Apr 29, 2026Banco Santander, S.A. announced that they will report Q1, 2026 results on Apr 29, 2026
공시 • Mar 28+ 2 more updatesBanco Santander, S.A. Provides Earnings Guidance for the Full Year 2026Banco Santander, S.A. provided earnings guidance for the full year 2026. All the group's targets for 2026, including mid-single digit revenue growth, a reduction in costs in constant euros, stable cost of risk, profit growth versus €14.1 billion in 2025.
Seeking Alpha • Feb 27Banco Santander: The Risk-Reward Proposition Has Not Improved Much Following Recent EventsSummary Banco Santander now trades at a decade-high 1.63x P/BV, following a strong share price rally and sector-wide re-rating. 2025 operating performance was flat, with revenue and profit growth driven mainly by non-recurring 'other results' rather than core business expansion. Strategic acquisitions, notably Webster Financial, are expected to improve SAN's U.S. risk profile, generate €800 million in annual synergies, and support EPS accretion by 2028. Despite ambitious 2028 targets (RoTE >20%, net profit >€20B), SAN's premium valuation limits long-term risk-reward attractiveness. Read the full article on Seeking Alpha
공시 • Feb 26Banco Santander, S.A., Annual General Meeting, Mar 26, 2026Banco Santander, S.A., Annual General Meeting, Mar 26, 2026.
공시 • Feb 25+ 1 more updateHomaira Akbari Announces Not to Stand for Re-Election to the Board of Banco Santander, S.AThe board is also submitting to the shareholders' meeting the appointment of Deborah Vieitas as a new independent director, subject to regulatory approval. Vieitas will fill the vacancy left by Homaira Akbari, who has informed that she will not stand for re-election and will therefore step down following this year's shareholders' meeting. Deborah Vieitas currently serves as non-executive chair of Banco Santander Brasil and brings extensive executive experience in international banking and financial markets, having held senior leadership positions at international and Brazilian financial institutions. She previously served as CEO of the Brazilian subsidiary of Caixa Geral de Depósitos and held senior roles at global financial institutions including BNP Paribas and Crédit Commercial de France. Her appointment further strengthens the board's international expertise, financial services experience and geographic diversity.
공시 • Feb 04Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion.Banco Santander, S.A. (BME:SAN) signed a definitive agreement to acquire Webster Financial Corporation (NYSE:WBS) for $12.1 billion on February 3, 2026. A cash consideration of $7.86 billion valued at $48.75 per share will be paid by Banco Santander, S.A. and 2.0548 Santander shares in the form of American Depositary Shares representing $26.25 per Webster share. The combination is also expected to deliver significant combined cost synergies of approximately $800 million. The consideration mix represents 65% cash and 35% newly issued Santander shares in the form of American Depositary Shares. The transaction is self-funded through excess capital and future capital generation, enhancing Santander’s capital flexibility and long-term value creation capacity. Christiana Riley will remain Santander’s country head in the U.S. and Santander Holdings USA (‘SHUSA’) Chief Executive Officer (‘CEO’). Webster’s current CEO, John Ciulla, will be the CEO of Santander Bank NA (‘SBNA’) into which Webster’s businesses will be integrated. Luis Massiani, Webster’s President and Chief Operating Officer (‘COO’), will be COO of both SHUSA and SBNA with responsibility for leading the integration. Mr. Ciulla and Mr. Massiani will both continue to be based in Webster’s existing headquarters in Stamford, Connecticut, which will be a core corporate office for Santander, alongside its corporate offices in Boston, New York, Miami and Dallas. Tim Ryan will continue to chair the board of directors of SHUSA.Until the transaction closes, Santander and Webster will continue to operate as separate companies, and there will be no changes to Santander or Webster customer accounts, branch access or day-to-day service. The transaction is expected to deliver earnings per share accretion of approximately 7-8% for Santander shareholders by 2028 and the combination is also expected to deliver significant combined cost synergies of approximately $800 million. Under the terms of the definitive agreement, which has been unanimously approved by the board of directors of Webster and the relevant bodies of Santander, Webster will become a wholly-owned subsidiary of Santander. The transaction is subject to approval of offer by acquirer shareholders, approval by regulatory board and approval of offer by target shareholders. The expected completion of the transaction is in in the second half of 2026. Centerview Partners LLC acted as financial advisor for Banco Santander, S.A. Goldman Sachs & Co. LLC acted as financial advisor for Banco Santander, S.A. Bank of America Europe DAC acted as financial advisor for Banco Santander, S.A. Davis Polk & Wardwell LLP acted as legal advisor for Banco Santander, S.A. Uría Menéndez Abogados, S.L.P. acted as legal advisor for Banco Santander, S.A. J.P. Morgan Securities LLC acted as financial advisor for Webster Financial Corporation. J.P. Morgan Securities LLC acted as fairness opinion provider for Webster Financial Corporation. Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Webster Financial Corporation. Piper Sandler & Co. acted as financial advisor for Webster Financial Corporation.
공시 • Jan 28Banco Santander, S.A. to Report Fiscal Year 2025 Results on Feb 04, 2026Banco Santander, S.A. announced that they will report fiscal year 2025 results on Feb 04, 2026
공시 • Jan 16Banco Santander, S.A., Annual General Meeting, Apr 29, 2026Banco Santander, S.A., Annual General Meeting, Apr 29, 2026.
공시 • Oct 30Banco Santander, S.A. Provides Earnings Guidance for the Full Year 2025Banco Santander, S.A. provided earnings guidance for the full year 2025. For the period, the company is confident to meet the revenue target of EUR 62 billion. Mid-high single-digit net fee income growth in constant euros.
공시 • Oct 22Banco Santander, S.A. to Report Q3, 2025 Results on Oct 29, 2025Banco Santander, S.A. announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Jul 23Banco Santander, S.A. to Report First Half, 2025 Results on Jul 30, 2025Banco Santander, S.A. announced that they will report first half, 2025 results on Jul 30, 2025
공시 • Jul 06Crédit Agricole S.A. (ENXTPA:ACA) completed the acquisition of remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN).Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on December 19, 2024. Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take place during 2025. Mathieu Remy, Alexandre Merle, Frédérick Lacroix, Hélène Kouyaté, David Tayar, Miguel Barredo, Caroline Dawson, Christian Kremer, Oliver Zwick and Udo Prinz of Clifford Chance acted as legal advisor to Crédit Agricole in the acquisition. Jefferies acted as financial advisor to Santander in the transaction. Santander Global Corporate Banking acted as financial advisor to CACEIS S.A. Antonio Herrera, Isabel Aguilar, Carolina Albuerne, Francisco San Miguel, Javier García Sanz and Alfonso Gutiérrez of Uría Menéndez Abogados, S.L.P. served as legal advisor to Banco Santander, S.A. Crédit Agricole S.A. (ENXTPA:ACA) completed the acquisition of remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on July 4, 2025.
공시 • Jul 02Santander UK plc has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell, S.A. (BME:SAB) in a valuation of £2.65 billion.Santander UK plc has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell, S.A. (BME:SAB) in a valuation of £2.65 billion on July 1, 2025. Under the terms of agreement, the consideration is being paid in an all-cash transaction. The all-cash transaction values TSB at 5x 2026 earnings post identified cost synergies and 1.45x tangible book value as of March 31, 2025. The acquisition would strengthen Santander's position in the UK. Santander intends to integrate TSB in the Santander UK group, enabling it to become the third largest bank in the country by personal current account balances. Post completion of the acquisition, the two banks would serve nearly 28 million retail and business customers nationwide, giving TSB customers access to Santander's international network and allowing them to benefit from the group's leading technology platforms. The transaction remains subject to regulatory approvals and Sabadell shareholder approval. The transaction is expected to close in first quarter of 2026. The transaction is expected to generate a return on invested capital of over 20%, thereby contributing to an increase in Santander UK's return on tangible equity from 11% in 2024 to 16% in 2028, in line with leading UK peers, with cost synergies of at least £400 million or 13% of the combined business's cost base. the transaction would be accretive to earnings per share from the first year and of c.4% by 2028 and consume approximately 50 basis points of CET1 capital. Santander is expected to operate with an approximately 13% CET1 ratio at year-end 2025 on a pro forma basis for both the sale of 49% of Santander Polska and associated share buyback in early 2026 announced on 5 May 20253, and the acquisition of TSB. Morgan Stanley (España), S.A. acted as financial advisor to Banco de Sabadell, S.A. (BME:SAB).
공시 • Jun 19Barclays Reportedly to Be Among Firms Interested in Buying TSBBanco de Sabadell, S.A. (BME:SAB)’s British unit TSB (TSB Banking Group plc) is attracting initial interest from potential buyers including Barclays PLC (LSE:BARC) and Banco Santander, S.A. (BME:SAN), according to people familiar with the matter. The banks are in the early stages of exploring separate bids for TSB, according to the people, who asked not to be named discussing private information. Sabadell confirmed this week it had received expressions of interest and would consider offers for the business it’s owned for ten years. A sale could help its defense against a hostile takeover by rival BBVA SA, by removing a valuable asset.
공시 • Jun 06Banco Santander Announces Chief Accounting Officer ChangesBanco Santander announced that it has appointed a new accounting head. The company has appointed Manuel Preto as its new chief accounting officer. Preto, currently deputy chief executive officer, chief financial officer and head of strategy for Santander Portugal, is to take over from Jose Doncel in July.
공시 • Apr 28Erste Group Weighs Buying 49% of Santander’s Polish UnitErste Group Bank AG (WBAG:EBS) is exploring buying a major stake in Banco Santander, S.A. (BME:SAN)’s Polish unit, seizing an opportunity to expand in one of Europe’s fastest-growing markets. Austria’s largest lender is in talks with the Spanish bank about acquiring 49% of Santander Bank Polska S.A. (WSE:SPL), Erste said in a statement April 28, 2025 that confirmed an earlier Bloomberg News report. The stake is valued at around €7.3 billion ($8 billion) based on the most recent stock price. It’s not clear if the talks will lead to an agreement, Erste said. A spokesperson for Santander didn’t respond to an earlier request for comment. Under the proposed terms, Erste would effectively gain control of the Polish lender as its largest single shareholder despite not having a majority holding, people familiar with the matter said. By buying less than 50%, Erste will avoid triggering a mandatory tender for the remaining shares in the bank. A deal between Vienna-based Erste and Spain’s biggest bank would be one of the largest banking transactions in Europe in recent years. Bloomberg reported in early April that Banco Santander was exploring a sale of its 62% stake in its Polish unit to refocus on other markets. The deal would deliver on Erste Group Chief Executive Officer Peter Bosek’s ambitions to expand into Poland, made after his return to Vienna last year from Luminor Group. Any transaction would require regulatory approval from the European Central Bank and the national banking authorities. That would likely be granted given that it is an deal within the European Union and wouldn’t create a dominant market position or any other distortions, some of the people said.
공시 • Apr 23Banco Santander, S.A. to Report Q1, 2025 Results on Apr 30, 2025Banco Santander, S.A. announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Apr 08Santander Reportedly to Weigh Options for $8 Billion Polish Stake in Santander Bank PolskaBanco Santander, S.A. (BME:SAN) is exploring options including a potential sale of its majority stake in its Polish unit as it focuses on expansion in the Americas, according to people familiar with the matter. Spain’s biggest bank is working with an adviser to review its 62% stake in Santander Bank Polska S.A. (WSE:SPL) and has reached out to gauge interest of potential investors, the people said, asking not to be identified as the information is private. Santander’s stake in the unit is worth about $8 billion based on the most recent stock price. Deliberations are preliminary and Santander could decide to keep the asset for longer or opt for a partial sell-down of its stake, the people said. In September, the Spanish lender raised roughly PLN 2.46 billion ($627 million) in a sale of a 5.2% stake in the unit. A potential deal could also meet hurdles as the Polish unit could be too big in size for domestic banks to acquire, they added. A representative for Santander declined to comment. The review on the Polish unit comes as Santander Executive Chair Ana Botin is focusing on growth in the Americas while de-prioritizing the bank’s operations in Europe. The Spanish bank has been hiring in the US and rolling out a new digital bank in the country as well as in Mexico. Santander had said in September it’s seeking to redeploy capital to growth opportunities after the stake sale in the Polish unit.
공시 • Apr 05Banco Santander, S.A. Approves Fixed Final Dividend, Payable on May 2, 2025Banco Santander, S.A. at the General share holders meeting held on April, 2025 approved Fixed final dividend of EUR 11 cents gross per share entitled to receive the dividend, payable in cash as from May 2, 2025. The total amount has been estimated assuming that, as a consequence of the partial implementation of the buyback programme announced on 5 February 2025, 14,988,884,075 of the Bank's outstanding shares will be entitled to receive the dividend. Therefore, the total amount of the final dividend may be higher if fewer shares than anticipated are acquired under the buyback programme, or lower in the opposite case.
공시 • Mar 25Banco Santander Plans to Split Its Insurance OperationsBanco Santander announced plans to split its insurance operations into two: Life and Pensions, and Protection Insurance.
공시 • Mar 24Banco Santander Announces Executive ChangesBanco Santander has announced a new appointment to strengthen its insurance business. The firm has appointed Peter Huber as its new global head. He is to take over from Armando Baquero, who is leaving the firm. He has more than 20 years of experience. Huber joins from insurtech Wefox, where he was director of insurance.
공시 • Mar 05Banco Santander, S.A. (BME:SAN) acquired 89.9% stake in Tresmares Capital Corporate S.L.Banco Santander, S.A. (BME:SAN) acquired 89.9% stake in Tresmares Capital Corporate S.L. on March 3, 2025. Santander has obtained regulatory authorization to acquire 89.9% of Tresmares Capital. As part of this plan, Tresmares will open a new office in Germany in 2025 and another in Poland in 2026. In addition, it will launch new divisions of funds of funds and fund financing this year. Tresmares Capital will remain independently managed and its current CEO, Borja Oyarzábal, will continue to lead the project, ensuring the continuity ofthe platform's approach and strategy. Banco Santander, S.A. (BME:SAN) completed the acquisition of 89.9% stake in Tresmares Capital Corporate S.L. on March 3, 2025.
공시 • Feb 26+ 1 more updateBanco Santander, S.A., Annual General Meeting, Apr 03, 2025Banco Santander, S.A., Annual General Meeting, Apr 03, 2025.
Seeking Alpha • Feb 22Banco Santander: Starting To Get Its Due From The MarketSummary Banco Santander has been a strong performer since my last update, with good fourth quarter results and bullish FY2025 guidance driving the shares back over tangible book value. Management expects Santander to deliver a strong 16.5% return on tangible equity this year. Given the current P/TBVPS multiple, this would imply a P/E of just ~7x. While the higher share price would have lowered the stock's total yield based on Santander's usual 50% payout ratio, capital returns for 2025-2026 have been upped by roughly €4 billion. Read the full article on Seeking Alpha
공시 • Feb 14Santander Reportedly Explores Sale of UK Business with NatWestBanco Santander, S.A. (BME:SAN) has held talks with NatWest Group plc (LSE:NWG) over the potential sale of its UK banking business (Santander UK Group Holdings plc). Early-stage negotiations took place between the two lenders last year, according to the Financial Times, which reported that there was still interest in a potential deal. Santander said last month that the bank will remain in the UK "into the future". The Spanish lender first entered the UK market two decades ago. It serves more than 14m British customers and has more than 400 branches across the country. A spokesman for Santander said: "Santander UK is not for sale. The UK remains a core part of Santander's globally diversified business model." NatWest declined to comment.
Seeking Alpha • Jan 23Banco Santander: A Positive Update For 2025Summary Banco Santander stock remains a "Buy" due to its operational outperformance, impressive efficiency improvements, and significant profit growth, despite not being as "cheap" as before. The bank's 3Q24 results confirmed my positive thesis, with record profits, improved efficiency ratios, and increased shareholder rewards through dividends and buybacks. Santander's geographic diversification and successful ONE transformation program mitigate risks, making it a fundamentally appealing investment compared to peers like BBVA, HSBC, and Lloyds. I maintain my price target of $5.25/share for 2025 on SAN, expecting continued outperformance and market recognition of the bank's undervaluation. Read the full article on Seeking Alpha
공시 • Jan 17Banco Santander, S.A. announced that it has received €225 million in fundingBanco Santander, S.A. announced that it has raised €225 million in a round of funding on January 15, 2025. The transaction included participation from new lender an affiliate of Värde Partners, Inc. The company issued non convertible loan in the transaction.
공시 • Jan 07Banco Santander, S.A. to Report Fiscal Year 2024 Results on Feb 05, 2025Banco Santander, S.A. announced that they will report fiscal year 2024 results on Feb 05, 2025
공시 • Dec 21Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN).Crédit Agricole S.A. (ENXTPA:ACA) signed an agreement to acquire remaining 30.50% stake in CACEIS S.A. from Banco Santander, S.A. (BME:SAN) on December 19, 2024. Following the envisaged transaction, Crédit Agricole S.A. will control 100% of the share capital of CACEIS. Completion of the transaction is subject to customary closing conditions, including regulatory approvals, and is expected to take place during 2025.
Seeking Alpha • Oct 30Banco Santander Q3 Earnings: 2025 Commentary Looks BullishSummary Banco Santander, S.A. delivered another period of record earnings last quarter, with the market rewarding this by sending the stock down around 3%. Potential remediation charges in the U.K. and lower European interest rates may be to blame, but neither should really move the dial. Management commentary regarding 2025 was also bullish. SAN stock still trades at a meaningful discount to tangible book value, implying a P/E of just 5x based on current earnings. Read the full article on Seeking Alpha
공시 • Oct 14Banco Santander, S.A. (BME:SAN) acquired Clm Fleet Management Ltd.Banco Santander, S.A. (BME:SAN) acquired Clm Fleet Management Ltd on October 14, 2024. Banco Santander, S.A. (BME:SAN) completed the acquisition of Clm Fleet Management Ltd on October 14, 2024.
공시 • Oct 01Banco Santander, S.A. to Report Q3, 2024 Results on Oct 30, 2024Banco Santander, S.A. announced that they will report Q3, 2024 results on Oct 30, 2024
Seeking Alpha • Aug 09Banco Santander: Record H1 Results Met With A Cheaper ValuationSummary Shares of multinational banking giant Banco Santander have been a little soft since my last update, trailing European financials by around ten points in that time. Results for the first half of the year produced records throughout the income statement, with the bank's return on tangible equity still comfortably in the mid-teens area. The recent share price decline puts the stock at just 0.8x tangible book value, with this implying a P/E of just 5x alongside a double-digit dividend-plus-buyback yield. Read the full article on Seeking Alpha
Seeking Alpha • Jul 23Outperforming The Average With SantanderSummary Strong operating performance in 1Q24 shows Santander's turnaround strategy is working well, with potential for further growth. Santander's trajectory is positive, outperforming S&P500 averages with improved fundamentals and earnings growth. Despite risks from exposure to Latin America, Santander remains attractively priced and continues to outperform. Read the full article on Seeking Alpha
공시 • Jul 17Banco Santander, S.A. to Report First Half, 2024 Results on Jul 24, 2024Banco Santander, S.A. announced that they will report first half, 2024 results on Jul 24, 2024
공시 • May 03Santander Says It Is Not Considering Sale of Argentina BusinessBanco Santander, S.A. (BME:SAN)'s Chief Executive Officer Hector Grisi said bank is not considering potential sale of its business in Argentina.
Seeking Alpha • May 01Banco Santander Q1: Earnings Remain In A Sweet SpotSummary Shares of Spanish giant Santander have gained just under 30% since last coverage, as the market continues to play catch-up to the bank's elevated levels of profitability. Q1 results were robust enough, with the bank reporting a strong mid-teens return on tangible equity despite the impact of the Spanish windfall banking tax. The bank's Spanish operations remain surprisingly profitable at this stage in the cycle, while Brazil is seeing some expected improvement. These shares remain reasonably valued below tangible book value, continuing to afford investors a reasonable margin of safety. Read the full article on Seeking Alpha
공시 • Apr 24Banco Santander, S.A. to Report Q1, 2024 Results on Apr 30, 2024Banco Santander, S.A. announced that they will report Q1, 2024 results on Apr 30, 2024
공시 • Mar 28Banco Santander Appoints Swati Bhatia as Head for Retail Banking and TransformationBanco Santander has announced the appointment of a head for retail banking and transformation. The firm has announced the appointment of Swati Bhatia to the position. The move comes as the bank is aiming to transform retail banking operations in the US. The appointment is effective immediately and Bhatia is to take charge of US Consumer and Business Banking and all related digital transformation initiatives. Bhatia most recently led the Marcus business at Goldman Sachs.
공시 • Mar 23Banco Santander, S.A. Approves Final Dividend, Payable from 2 May 2024Banco Santander, S.A. at the General Shareholders' Meeting held on 22 March 2024, Fixed final dividend of EUR 9.50 cents gross per share entitled to receive the dividend, payable in cash as from 2 May 2024. The total amount has been estimated assuming that, as a consequence of the partial implementation of the buyback programme announced on 19 February 2024, 15,483,617,874 of the Bank's outstanding shares will be entitled to receive the dividend. Therefore, the total amount of the final dividend may be higher if fewer shares than anticipated are acquired under the buyback programme, or lower in the opposite case. Estimated amount corresponding to a final dividend of EUR 1,470,943,698.03. This figure will increase or decrease by the same amount by which the total amount of the final dividend is lower or higher, respectively, than the estimate of such final dividend.
공시 • Mar 09Santander Appoints Mencia Bobo as Banking Global HeadSantander has announced the hire of a transaction banking global head. The Spanish bank has appointed Mencia Bobo to the position. Bobo had been leading the bank's trade and working capital solutions business for some time. She has been with the firm for 18 years.
공시 • Feb 20+ 2 more updatesBanco Santander, S.A. Announces Board ChangesThe board of directors of Banco Santander also submitted the appointments of Carlos Barrabés and Antonio Weiss as new independent directors for approval at the AGM, subject to regulatory authorisations. Mr. Barrabés and Mr. Weiss will fill the vacancies that will be left by Bruce Carnegie-Brown, who will be stepping down after this year’s AGM, and Ramiro Mato, who has also informed of his intention to not stand for re-election and leave the board of directors after the AGM, once the regulatory approval for the appointment of Antonio Weiss is obtained.
Seeking Alpha • Feb 17Banco Santander Remains Materially UndervaluedSummary Shares of Banco Santander have been fairly quiet since previous coverage in October, trailing the broader European financial universe as well as certain peers like BBVA. Q4 results were a bit so-so, while management's 2024 profitability target looks very ambitious. These shares still trade at a clear discount to tangible book value, which continues to undervalue the bank's through-the-cycle earnings power. Read the full article on Seeking Alpha
공시 • Feb 02Banco Santander, S.A. Provides Earnings Guidance for the Year 2024Banco Santander, S.A. provided earnings guidance for the year 2024. For the year 2024, the company expects mid-single digit revenue growth.
Seeking Alpha • Jan 16Santander Remains A Strong Play Of Southern-European/European BankingSummary Banco Santander has shown solid performance and outperformed the S&P500 with a 7% growth. The company's trajectory is expected to be positive, supported by improved fundamentals and earnings growth. Despite risks from exposure to Latin America and emerging market currency, Santander has the potential for significant upside and remains a buy. Read the full article on Seeking Alpha
공시 • Dec 21Banco Santander, S.A. to Report Fiscal Year 2023 Results on Jan 31, 2024Banco Santander, S.A. announced that they will report fiscal year 2023 results on Jan 31, 2024
공시 • Nov 17Santander Bank, N.A. Introduces New Essential Checking AccountSantander Bank, N.A. announced a new consumer checking offering, Santander®? Essential Checking, to make banking easier for its customers. The account empowers customers to spend what they have without the risk of over-drafting funds or being charged associated fees by eliminating overdrafts and including a $4 monthly fee that is automatically waived if any owner on the account is under 26 years of age or at least 65 years of age. Essential Checking is certified by the Cities for Financial Empowerment Fund as meeting the Bank On National Account Standards, which indicates that the account meets over 25 features for customers who are looking to improve their finances a safe, affordable and useful banking offering to access and manage their money. Essential Checking joins three other easy-to-use checking accounts in Santander's suite of offerings, and customers have the ability to choose an account that fits their personal needs and financial goals. Santander Essential Checking also includes reduced fees of $2 for paper statements and $2.50 for domestic non-Santander ATM withdrawals, as well as a 50% discount on Santander Exclusive Checks. Additionally, the Bank announced further benefits to its Simply Right®? Checking and Santander®? Savings accounts, aimed at any owner on the account who is under 26 years of age: Simply Right Checking: Waived monthly fee, a reduced cash withdrawal fee of $2 at domestic non-Santander ATMs and no incoming wires fee. Santander Savings: Waived monthly fee and $0 cash withdrawal fee at domestic non-SantAND ATMs. The new Essential Checking account and updates to Santander's checking and savings products follows changes announced in 2022 to Santander®? Safety Net, the Bank's flexible overdraft policy, which eliminated its non-sufficient funds fee, charged when a payment transaction is returned, and reduced the overdraft fee to $15 from $35, charged when items are paid.
공시 • Oct 26Santander May Look into Potential Acquisition of Metro Mortgage PortfolioBanco Santander, S.A. (BME:SAN) may consider looking into acquiring a mortgage portfolio from Metro Bank Holdings PLC (LSE:MTRO) (Metro) if the British bank decides to put it up for sale, the Spanish bank’s Chief Executive Officer Hector Grisi said on October 25, 2023. Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a GBP 325 million capital raise and GBP 600 million debt refinancing. The bank also said it was in discussions regarding the sale of up to GBP 3 billion ($3.64 billion) of residential mortgages. “We have to review it, we have to analyse it and then we will make a decision whether we go ahead or not, but it is always important to analyse it,” Grisi said when asked at a news briefing about the bank’s potential interest in the portfolio. “Today the truth is that I don’t know whether Metro will end up doing something or not, whether it will sell a portfolio or not”.
공시 • Oct 19Banco Santander, S.A. to Report Q3, 2023 Results on Oct 25, 2023Banco Santander, S.A. announced that they will report Q3, 2023 results on Oct 25, 2023
공시 • Sep 28Banco Santander, S.A. Announces Board ChangesBanco Santander, S.A. announced that it approves the appointment of Glenn Hutchins as vice chair and lead independent director effective 1 October 2023. Mr. Hutchins succeeds Bruce Carnegie-Brown, who will retire from the board at the next Annual General Meeting in 2024 after more than nine years of service. Glenn Hutchins, who joined Santander’s board of directors in 2022 as a non-executive director (independent), will replace Bruce Carnegie-Brown, who will retire from the board in 2024 after more than nine years. Mr. Hutchins will replace Mr. Carnegie-Brown as chair of the board remuneration committee effective on 1 October 2023, with Mr. Carnegie-Brown remaining as a member of that committee until the 2024 annual general meeting (AGM) to ensure an orderly transition. Mr. Carnegie.
공시 • Sep 27Banco Santander, S.A. Approves Interim Cash Dividend, Payable on November 2, 2023The board of directors of Banco Santander, S.A. approved the payment of an interim cash dividend against 2023 results of 8.10 euro cents per share, equivalent to c. 25 % of the Group’s underlying profit in the first half of 2023. The interim dividend will be paid from 2 November 2023; and The last day to trade shares with a right to receive the interim dividend will be 30 October 2023, the ex-dividend date will be 31 October 2023 and the record date will be 1 November 2023.
공시 • Sep 22Banco Santander Announces Management AppointmentsBanco Santander has announced the appointment of a management team for a new holding company. The firm has announced that Francisco del Cura, currently global head of insurance, is to become chair of Santander Insurance Holding. The firm has also announced that Armando Baquero will become the firm's CEO. The new holding company will bring the firm's worldwide insurance companies under one roof. Santander Insurance Holding is to oversee the firm's global insurance businesses. Santander runs its insurance business through wholly-owned companies, special distribution agreements, and partnerships with other insurers.
공시 • Sep 20Banco Santander, S.A. Appoints Andrew Ruffell as New Head of UK Rates SalesBanco Santander has announced the appointment of a new head of UK rates sales. Andrew Ruffell is the new appointment and he was previously with Goldman Sachs at its London office. He is to now operate as head of UK rates sales.
공시 • Aug 18Banco Santander Appoints Fabrizio Giordano as Head of Strategic Equity for Europe, the Middle East and AfricaBanco Santander has announced a new appointment for strategic equity. The firm has announced the hire of a former Barclays Plc banker to lead its strategic equity department. Fabrizio Giordano, who spent more than 18 years in senior roles at Barclays Plc, is set to join the Spanish bank as head of strategic equity for Europe, the Middle East and Africa. Giordano left Barclays Plc last year. In the new position, he will continue to be based in London.
공시 • Jul 13Banco Santander, S.A. to Report Q2, 2023 Results on Jul 26, 2023Banco Santander, S.A. announced that they will report Q2, 2023 results at 9:00 AM, Romance Standard Time on Jul 26, 2023
공시 • Jun 14Lightico Ltd acquired Vizolution Limited.Lightico Ltd acquired Vizolution Limited on June 12, 2023. The deal will combine Vizolution's transformational agent-assisted and self-serve solutions with Lightico's powerful Compliant Digital Completion Platform, including its workflow-integrated eSignature, document collection, and identification & verification services. Vizolution's team will join Lightico's organizational structure with Zviki Ben Ishay, Lightico's Chief Executive Officer, at the helm and Bill Safran, Vizolution's Chief Executive Officer, transitioning to Chief Strategy Officer. HSBC Ventures, Santander Consumer Finance, Natwest and Development Bank of Wales join Lightico's current backers Capital One Ventures, Crescendo, Lool Ventures, Mangrove Capital, Oxx, and Spinach Angels. Lightico Ltd completed the acquisition of Vizolution Limited on June 12, 2023.
공시 • May 06Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A.Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. acquired 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023.Axactor ASA and GESCOBRO COLLECTION SERVICES, S.L.U. completed the acquisition of 1.1 billion euro Loan Portfolio from Banco Santander, S.A. on May 5, 2023.
공시 • Feb 03Santander Not Interested in Potential Acquisition of Orange BankBanco Santander, S.A. (BME:SAN) is not interested in the potential acquisition of Orange Bank, SA, the mobile banking unit of Orange S.A. (ENXTPA:ORA), Chairman Ana Botin said on February 2, 2023. Les Echos reported on February 1, 2023 that French banks BNP Paribas SA (ENXTPA:BNP), Crédit Agricole S.A. (ENXTPA:ACA) and Société Générale Société anonyme (ENXTPA:GLE) were mulling a bid for Orange Bank, SA. The newspaper added that Spanish bank Santander and U.S. private equity fund Cerberus Capital Management, L.P. were also considering a bid. "We are not interested in Orange," Botin said during the annual earnings press conference in Madrid.