Banco Santander (NYSE:SAN) Hits New 1-Year High – Still a Buy?

Posted by Geri Gentry on Aug 13th, 2026

Banco Santander, S.A. (NYSE:SAN – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $14.98 and last traded at $14.9750, with a volume of 38613 shares. The stock had previously closed at $14.82.

Analysts Set New Price Targets

SAN has been the subject of a number of analyst reports. Wall Street Zen lowered Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Weiss Ratings downgraded shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday, July 29th. Finally, Santander reiterated a “buy” rating on shares of Banco Santander in a research report on Tuesday, June 23rd. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Report on Banco Santander

Banco Santander Trading Up 0.8%

The stock has a market cap of $219.53 billion, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 0.78 and a beta of 0.73. The stock’s 50-day moving average is $13.64 and its 200-day moving average is $12.58.

Banco Santander (NYSE:SAN – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). The company had revenue of $17.93 billion for the quarter, compared to the consensus estimate of $17.90 billion. Banco Santander had a return on equity of 12.43% and a net margin of 26.94%. On average, equities analysts forecast that Banco Santander, S.A. will post 1.16 EPS for the current year.

Hedge Funds Weigh In On Banco Santander

Several hedge funds have recently modified their holdings of SAN. Acumen Wealth Advisors LLC lifted its holdings in shares of Banco Santander by 117.9% in the first quarter. Acumen Wealth Advisors LLC now owns 2,308 shares of the bank’s stock valued at $26,000 after buying an additional 1,249 shares during the period. Whipplewood Advisors LLC acquired a new position in Banco Santander during the first quarter worth about $28,000. Financial Management Professionals Inc. grew its holdings in Banco Santander by 151.1% during the second quarter. Financial Management Professionals Inc. now owns 2,471 shares of the bank’s stock worth $34,000 after acquiring an additional 1,487 shares during the period. Eagle Bay Advisors LLC bought a new stake in Banco Santander in the fourth quarter worth about $31,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in Banco Santander in the 4th quarter valued at about $34,000. 9.19% of the stock is currently owned by institutional investors and hedge funds.

Banco Santander Company Profile

(Get Free Report)

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.