Banco Santander, SA, offers various commercial and retail banking products and services to individuals, small and medium-sized companies and large companies worldwide. The company is headquartered in Madrid, Spain.
| Revenue (TTM) | $47.37B |
| Gross Profit (TTM) | $47.37B |
| EBITDA | — |
| Operating Margin | 43.30% |
| Return on Equity | 12.90% |
| Return on Assets | 0.78% |
| Revenue/Share (TTM) | $3.21 |
| Book Value | $8.32 |
| Price-to-Book | 1.66 |
| Price-to-Sales (TTM) | 4.29 |
| EV/Revenue | 8.35 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 67.40% |
| Quarterly Revenue Growth (YoY) | 4.60% |
| Shares Outstanding | $14.33B |
| Float | $14.30B |
| % Insiders | 0.00% |
| % Institutions | 3.42% |
Volatility is currently expanding
Spain's Santander has overhauled its Asia-Pacific business under new management, removed its top banker in Beijing, and tightened employee oversight in the region, the Financial Times reported on Wednesday, citing people familiar with the matter.
Santander Brasil has sold off sharply, but the weakness looks more transitional than structural. Loan growth is weak by design, as Santander Brasil is prioritizing better clients and portfolio quality over volume. ROE is still pressured, which explains the below-book valuation, but management still sees a path back toward 20%.
Europe's largest banks have urged regulators not to intervene in equity markets, saying there is no evidence that a decline in trading on traditional stock exchanges has harmed price-setting.
European banks delivered their best performance in years in 2025, and investors have been tempted to take profits during the sector's recent pullback. But this rally is no bubble, and there's plenty of evidence international bank stocks are still undervalued compared to their domestic peers.
Spain's Santander has started conversations with unions over a plan to offer early voluntary retirement to up to 3,000 employees in Spain, Spanish newspaper Expansion reported on Wednesday.
Santander is extending artificial intelligence (AI) tools to all its employees as it works toward its goal of generating over 1 billion euros (about $1.15 billion) in business value from the technology between 2026 and 2028.
The planned acquisition of Connecticut-headquartered Webster Bank by Banco Santander has moved a step closer to getting the regulatory approvals it needs. The Office of the Comptroller of the Currency (OCC) approved the application for the bank merger on Friday (June 12), Webster Bank holding company Webster Financial said in a filing with the Securities and Exchange Commission (SEC).
Spain's antitrust regulator said on Tuesday it was launching disciplinary proceedings against all six listed lenders in the country, including Santander and BBVA , for possible anti-competitive practices in the mortgage market.
Banco Santander, S.A. is rated Buy, with a ~43% upside to a $17.5 implied share price, driven by record profitability and robust capital return. SAN targets a ROTE above 20%, an efficiency ratio below 36%, and doubled cash DPS by 2028, leveraging AI-driven cost reductions and operational transformation. Recent Poland disposals and upcoming TSB and Webster acquisitions strengthen CET1, enhance capital return, and position SAN as a leading UK and US player.
Banco Santander, S.A. delivered resilient Q1 2026 results, with revenues up 4% YoY but bottom-line missing consensus and shares underperforming the market. SAN's earnings growth outlook is modest, with mixed NII prospects—European rate tailwinds offset by Brazilian headwinds—and fee growth likely to remain single-digit. Operational efficiency remains the core driver, with the ONE Transformation program targeting a cost-to-income ratio drop from 45% (2025) to 36% (2028).
