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Banco Santander

Market Cap

€56.9b

Last Updated

2021/05/13 00:35 UTC

Data Sources

Company Financials +

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


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

SANIndustryMarket
7 Day2.1%2.9%0.4%
30 Day14.1%11.3%4.8%
90 Day17.6%17.4%9.2%
1 Year84.9%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

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 00:35
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.