NYSE:SAN

Stock Analysis Report

Executive Summary

Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.


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


Market Performance


7 Day Return

-2.2%

NYSE:SAN

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-21.4%

NYSE:SAN

-14.2%

US Banks

-0.4%

US Market

SAN underperformed the Banks industry which returned -14.2% over the past year.

SAN underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

SANIndustryMarket
7 Day-2.2%-2.6%-1.0%
30 Day-12.7%-6.3%-3.3%
90 Day-13.8%-3.5%0.8%
1 Year-19.2%-21.4%-11.8%-14.2%1.9%-0.4%
3 Year5.1%-5.3%42.2%32.4%39.4%30.4%
5 Year-50.8%-59.7%53.3%36.7%54.2%37.1%

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 based on future cash flows and its price relative to the stock market?

3%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Banco Santander's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Banco Santander's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Banco Santander is good value based on earnings compared to the US Banks industry average.

Banco Santander is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Banco Santander is poor value based on expected growth next year.


Price Based on Value of Assets

Banco Santander is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Banco Santander expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

7.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Banco Santander's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).

Banco Santander's earnings are expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).

Banco Santander's revenue growth is positive but not above the United States of America market average.

Banco Santander's earnings growth is positive but not above the United States of America market average.

Banco Santander's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Banco Santander is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Banco Santander performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Banco Santander's year on year earnings growth rate has been positive over the past 5 years.

Banco Santander's 1-year earnings growth exceeds its 5-year average (6.8% vs 4.8%)

Banco Santander's earnings growth has not exceeded the US Banks industry average in the past year (6.8% vs 33.2%).


Return on Equity

Banco Santander has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Banco Santander used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Banco Santander improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

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

Banco Santander has an acceptable proportion of non-loan assets held.

Banco Santander has a low allowance for bad loans.

Banco Santander's liabilities are made up of primarily low risk sources of funding.

Banco Santander's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Banco Santander are broadly funded by customer deposits.

Banco Santander has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Banco Santander's current dividend yield, its reliability and sustainability?

6.63%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Banco Santander's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Banco Santander's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).


Next Steps

Management

What is the CEO of Banco Santander's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

José Antonio Álvarez Álvarez (59yo)

€9,001,000

Compensation

Mr. José Antonio Álvarez Álvarez 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. Á ...


CEO Compensation Analysis

José Antonio's remuneration is about average for companies of similar size in United States of America.

José Antonio's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

2.2yrs

Average Tenure

53.5yo

Average Age

The tenure for the Banco Santander management team is about average.


Board Age and Tenure

4.8yrs

Average Tenure

59.5yo

Average Age

The tenure for the Banco Santander board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Sergio Gámez Martínez

    Global Head of Shareholder & Investor Relations

  • Bob Rubino (54yo)

    Co-President

    • Tenure: 2.2yrs
  • José Francisco Doncel Razola (58yo)

    Senior EVP and Group Head of Accounting & Financial Control

  • José Antonio Álvarez Álvarez (59yo)

    CEO & Vice Chairman

    • Compensation: 9.00m
  • José Antonio García Cantera (53yo)

    CFO, Head of Financial Division & Senior EVP

  • Juan Cendoya Méndez de Vigo (52yo)

    Senior EVP and Head of Communications

  • Mónica Gallego (49yo)

    Group Chief Compliance Officer & Senior EVP

    • Tenure: 4.5yrs
  • Michael Cleary

    Co-President and Head of Consumer & Business Banking

    • Tenure: 2.2yrs
  • Patricia de Sautuola y O'Shea (59yo)

    Group Executive Chairman

    • Compensation: 11.01m
  • Dirk Ludwig Marzluf (49yo)

    Group Head of Technology & Operations

    • Tenure: 0.9yrs

Board Members

  • Belén García (54yo)

    Independent Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: 414.00k
  • Carlos González (53yo)

    Independent Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: 266.00k
  • Álvaro Antonio-Cardoso De Souza (71yo)

    • Tenure: 1.4yrs
    • Compensation: 148.00k
  • Rodrigo Echenique Gordillo (73yo)

    Non-Executive Director

    • Tenure: 30.8yrs
    • Compensation: 5.10m
  • José Antonio Álvarez Álvarez (59yo)

    CEO & Vice Chairman

    • Tenure: 0.6yrs
    • Compensation: 9.00m
  • Guillermo de la Dehesa Romero (78yo)

    Non-Executive Director

    • Tenure: 17.2yrs
    • Compensation: 441.00k
  • Bruce Carnegie-Brown (60yo)

    Vice Chairman & Lead Independent Director

    • Tenure: 4.5yrs
    • Compensation: 732.00k
  • Larry Summers (64yo)

    Chairman of International Advisory Board

  • Patricia de Sautuola y O'Shea (59yo)

    Group Executive Chairman

    • Tenure: 4.9yrs
    • Compensation: 11.01m
  • Francisco Javier de Sautuola y O’Shea (46yo)

    Non-Independent Non-executive Director

    • Tenure: 15.1yrs
    • Compensation: 121.00k

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: NYSE
  • Founded: 1856
  • Industry: diversified banks
  • Sector: banks
  • Market Cap: €58.203b
  • Listing Market Cap: €64.584b
  • Shares outstanding: 16.23b
  • Website: Click here

Number of Employees


Location

  • Banco Santander, S.A.
  • Santander Group City
  • Av. de Cantabria s/n
  • Madrid
  • Madrid
  • 28660
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCDR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1980
BSD2XTRA (XETRA Trading Platform)YesCommon SharesDEEURJan 1980
SANBME (Bolsas y Mercados Espanoles)YesCommon SharesESEURJan 1980
BSD2DB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1980
SANTBIT (Borsa Italiana)YesCommon SharesITEURJan 1980
SANTAENXTBR (Euronext Brussels)YesCommon SharesBEEURJan 1980
SANWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 1980
BNCLSE (London Stock Exchange)YesCommon SharesGBGBPJan 1980
SANWSE (Warsaw Stock Exchange)YesCommon SharesPLPLNJan 1980
SANEBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1980
SAN NBMV (Bolsa Mexicana de Valores)YesCommon SharesMXMXNJan 1980
0HLELSE (London Stock Exchange)ADRGBUSDJul 1987
SANNYSE (New York Stock Exchange)ADRUSUSDJul 1987
BSDKDB (Deutsche Boerse AG)ADRDEEURJul 1987

Biography

Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:33
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.