Banco Santander, S.A. (NYSE:SAN – Free Report) – Erste Group Bank boosted their FY2027 EPS estimates for Banco Santander in a report released on Wednesday, August 5th. Erste Group Bank analyst H. Engel now anticipates that the bank will post earnings per share of $1.41 for the year, up from their prior forecast of $1.39. The consensus estimate for Banco Santander’s current full-year earnings is $1.16 per share.
SAN has been the topic of several other research reports. Santander reiterated a “buy” rating on shares of Banco Santander in a report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Weiss Ratings lowered shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Wednesday, July 29th. Six research 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”.
Banco Santander Stock Performance
NYSE SAN opened at $14.69 on Tuesday. The stock has a market capitalization of $215.79 billion, a P/E ratio of 11.94, a price-to-earnings-growth ratio of 0.78 and a beta of 0.73. Banco Santander has a 52 week low of $9.21 and a 52 week high of $14.93. The stock has a fifty day moving average of $13.55 and a 200-day moving average of $12.54.
Banco Santander (NYSE:SAN – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The bank reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $17.93 billion for the quarter, compared to analyst estimates of $17.90 billion. Banco Santander had a return on equity of 12.43% and a net margin of 26.94%.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Morgan Stanley lifted its position in Banco Santander by 3.2% during the fourth quarter. Morgan Stanley now owns 56,109,418 shares of the bank’s stock worth $658,164,000 after acquiring an additional 1,719,432 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Banco Santander by 2.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 18,037,272 shares of the bank’s stock worth $211,577,000 after acquiring an additional 398,787 shares during the last quarter. Capital International Investors raised its position in shares of Banco Santander by 1.6% during the fourth quarter. Capital International Investors now owns 14,766,849 shares of the bank’s stock worth $174,839,000 after acquiring an additional 237,825 shares during the last quarter. Northern Trust Corp raised its stake in Banco Santander by 8.5% during the third quarter. Northern Trust Corp now owns 12,844,029 shares of the bank’s stock worth $134,605,000 after buying an additional 1,000,811 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Banco Santander by 118.9% in the 1st quarter. Bank of America Corp DE now owns 11,413,194 shares of the bank’s stock valued at $128,741,000 after purchasing an additional 6,198,828 shares during the period. 9.19% of the stock is owned by institutional investors and hedge funds.
About Banco Santander
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.
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