Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 2/6 |
Past Performance | 2/6 |
Financial Health | 4/6 |
Dividends | 3/6 |
SAN Stock Overview
Banco Santander, S.A. provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide.
Banco Santander Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | €2.78 |
52 Week High | €3.48 |
52 Week Low | €2.49 |
Beta | 1.68 |
1 Month Change | -8.64% |
3 Month Change | -11.62% |
1 Year Change | -15.17% |
3 Year Change | -29.45% |
5 Year Change | -51.33% |
Change since IPO | -16.50% |
Recent News & Updates
Shareholder Returns
SAN | ES Banks | ES Market | |
---|---|---|---|
7D | -0.7% | -1.2% | -0.5% |
1Y | -15.2% | -3.6% | -8.5% |
Return vs Industry: SAN underperformed the Spanish Banks industry which returned -3.6% over the past year.
Return vs Market: SAN underperformed the Spanish Market which returned -8.5% over the past year.
Price Volatility
SAN volatility | |
---|---|
SAN Average Weekly Movement | 5.2% |
Banks Industry Average Movement | 5.8% |
Market Average Movement | 3.8% |
10% most volatile stocks in ES Market | 6.9% |
10% least volatile stocks in ES Market | 1.4% |
Stable Share Price: SAN is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SAN's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1856 | 198,204 | Jose Antonio Alvarez Alvarez | https://www.santander.com |
Banco Santander, S.A. provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products. The company also provides cash, asset, and wealth management; and private banking services.
Banco Santander Fundamentals Summary
SAN fundamental statistics | |
---|---|
Market Cap | €46.61b |
Earnings (TTM) | €8.49b |
Revenue (TTM) | €39.89b |
5.5x
P/E Ratio0.5x
P/B RatioIs SAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
SAN income statement (TTM) | |
---|---|
Revenue | €39.89b |
Cost of Revenue | €0 |
Gross Profit | €39.89b |
Other Expenses | €31.39b |
Earnings | €8.49b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 28, 2022
Earnings per share (EPS) | 0.51 |
Gross Margin | 100.00% |
Net Profit Margin | 21.29% |
Debt/Equity Ratio | 313.7% |
How did SAN perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield20%
Payout RatioValuation
Is SAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SAN?
Other financial metrics that can be useful for relative valuation.
What is SAN's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | €46.61b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | n/a |
Enterprise Value/EBITDA | n/a |
PEG Ratio | 1.3x |
Price to Earnings Ratio vs Peers
How does SAN's PE Ratio compare to its peers?
SAN PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 14.2x | ||
BBVA Banco Bilbao Vizcaya Argentaria | 5.9x | 3.8% | €27.6b |
CABK CaixaBank | 30.8x | 21.6% | €27.8b |
BKT Bankinter | 12.2x | 12.9% | €5.3b |
SAB Banco de Sabadell | 7.9x | 17.0% | €4.4b |
SAN Banco Santander | 5.5x | 4.3% | €46.6b |
Price-To-Earnings vs Peers: SAN is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (14.2x).
Price to Earnings Ratio vs Industry
How does SAN's PE Ratio compare vs other companies in the European Banks Industry?
Price-To-Earnings vs Industry: SAN is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Spanish Banks industry average (6.9x)
Price to Earnings Ratio vs Fair Ratio
What is SAN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 5.5x |
Fair PE Ratio | 8.8x |
Price-To-Earnings vs Fair Ratio: SAN is good value based on its Price-To-Earnings Ratio (5.5x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).
Share Price vs Fair Value
What is the Fair Price of SAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SAN (€2.78) is trading below our estimate of fair value (€4.39)
Significantly Below Fair Value: SAN is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: SAN is poor value based on its PEG Ratio (1.3x)
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Future Growth
How is Banco Santander forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
4.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAN's forecast earnings growth (4.3% per year) is above the savings rate (0.9%).
Earnings vs Market: SAN's earnings (4.3% per year) are forecast to grow slower than the Spanish market (12.6% per year).
High Growth Earnings: SAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAN's revenue (5.2% per year) is forecast to grow faster than the Spanish market (4.4% per year).
High Growth Revenue: SAN's revenue (5.2% 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 (9.1%).
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Past Performance
How has Banco Santander performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-19.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAN has high quality earnings.
Growing Profit Margin: SAN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SAN's earnings have declined by 19.5% per year over the past 5 years.
Accelerating Growth: SAN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SAN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (33.3%).
Return on Equity
High ROE: SAN's Return on Equity (10.6%) is considered low.
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Financial Health
How is Banco Santander's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
4/6Financial Health Score 4/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SAN's Assets to Equity ratio (16.8x) is moderate.
Allowance for Bad Loans: SAN has a low allowance for bad loans (67%).
Low Risk Liabilities: 73% 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 (63%).
Low Risk Deposits: SAN's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: SAN has a high level of bad loans (3.3%).
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Dividend
What is Banco Santander current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAN's dividend (3.6%) is higher than the bottom 25% of dividend payers in the Spanish market (2.05%).
High Dividend: SAN's dividend (3.6%) is low compared to the top 25% of dividend payers in the Spanish market (5.79%).
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
Earnings Coverage: With its low payout ratio (20.1%), SAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAN's dividends in 3 years are forecast to be well covered by earnings (35% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.4yrs
Average management tenure
CEO
Jose Antonio Alvarez Alvarez (61 yo)
no data
Tenure
€9,160,000
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 ($USD9.64M) is above average for companies of similar size in the Spanish market ($USD2.62M).
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 seasoned and experienced (6.4 years average tenure).
Board Members
Experienced Board: SAN's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAN 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 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
- Implied Market Cap: €46.611b
- Shares outstanding: 16.78b
- 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
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/28 00:00 |
End of Day Share Price | 2022/06/28 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.