Executive Summary
Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Banco Santander's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAN is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SAN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.1%
SAN
2.9%
ES Banks
0.4%
ES Market
1 Year Return
83.3%
SAN
82.7%
ES Banks
32.3%
ES Market
Return vs Industry: SAN exceeded the Spanish Banks industry which returned 80.3% over the past year.
Return vs Market: SAN exceeded the Spanish Market which returned 31.3% over the past year.
Shareholder returns
| SAN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 2.9% | 0.4% |
| 30 Day | 14.1% | 11.3% | 4.8% |
| 90 Day | 17.6% | 17.4% | 9.2% |
| 1 Year | 84.9%83.3% | 86.5%82.7% | 37.5%32.3% |
| 3 Year | -31.2%-35.9% | -29.1%-35.1% | 1.3%-7.9% |
| 5 Year | -1.9%-16.1% | 1.8%-14.7% | 27.7%8.4% |
Long-Term Price Volatility Vs. Market
How volatile is Banco Santander's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
It Looks Like Banco Santander, S.A.'s (BME:SAN) CEO May Expect Their Salary To Be Put Under The Microscope3 months ago | Simply Wall St
Is Banco Santander, S.A. (BME:SAN) A Strong Dividend Stock?4 months ago | Simply Wall St
Banco Santander's (BME:SAN) Shareholders Are Down 50% On Their SharesValuation
Is Banco Santander undervalued compared to its fair value and its price relative to the market?
0.69x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SAN (€3.29) is trading above our estimate of fair value (€2.91)
Significantly Below Fair Value: SAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAN is unprofitable, so we can't compare its PE Ratio to the Spanish Banks industry average.
PE vs Market: SAN is unprofitable, so we can't compare its PE Ratio to the Spanish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SAN's PB Ratio (0.7x) is in line with the ES Banks industry average.
Future Growth
How is Banco Santander forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
19.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: SAN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SAN's is expected to become profitable in the next 3 years.
Revenue vs Market: SAN's revenue (4.1% per year) is forecast to grow slower than the Spanish market (7.6% per year).
High Growth Revenue: SAN's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAN's Return on Equity is forecast to be low in 3 years time (8.6%).
Past Performance
How has Banco Santander performed over the past 5 years?
-37.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAN is currently unprofitable.
Growing Profit Margin: SAN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SAN is unprofitable, and losses have increased over the past 5 years at a rate of 37.4% per year.
Accelerating Growth: Unable to compare SAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SAN is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-57%).
Return on Equity
High ROE: SAN has a negative Return on Equity (-6.9%), as it is currently unprofitable.
Financial Health
How is Banco Santander's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SAN's Assets to Equity ratio (16.9x) is moderate.
Allowance for Bad Loans: SAN has a low allowance for bad loans (72%).
Low Risk Liabilities: 74% of SAN's liabilities are made up of primarily low risk sources of funding.
Loan Level: SAN has an appropriate level of Loans to Assets ratio (61%).
Low Risk Deposits: SAN's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: SAN has a high level of bad loans (3.3%).
Dividend
What is Banco Santander current dividend yield, its reliability and sustainability?
1.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAN's dividend (1.67%) is higher than the bottom 25% of dividend payers in the Spanish market (1.6%).
High Dividend: SAN's dividend (1.67%) is low compared to the top 25% of dividend payers in the Spanish market (5.07%).
Stability and Growth of Payments
Stable Dividend: SAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SAN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SAN's dividends in 3 years are forecast to be well covered by earnings (45.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Jose Antonio Alvarez Alvarez (60 yo)
no data
Tenure
€6,018,000
Compensation
Mr. Jose Antonio Alvarez Alvarez has been Vice Chairman of Banco Santander, SA since January 15, 2019 and has been its Director since November 25, 2014 and also serves as its Chief Executive Officer. Mr. A...
CEO Compensation Analysis
Compensation vs Market: Jose Antonio's total compensation ($USD7.27M) is above average for companies of similar size in the Spanish market ($USD2.98M).
Compensation vs Earnings: Jose Antonio's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SAN's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: SAN's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Banco Santander, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Banco Santander, S.A.
- Ticker: SAN
- Exchange: BME
- Founded: 1856
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €56.910b
- Shares outstanding: 17.31b
- Website: https://www.santander.com
Number of Employees
Location
- Banco Santander, S.A.
- Santander Group City
- Av. de Cantabria s/n
- Madrid
- Madrid
- 28660
- Spain
Listings
Biography
Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 00:35 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.