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SAN

Banco Santander, S.A.

SAN

NYSE·Financial Services·Banks - Diversified·Mkt cap $211.1B

$14.75

+2.57%

P/E

13.41

Mkt Cap

$211.1B

52-Wk Range

$9.38–$15.00

52-Week Range

$9.38 - $15.00

P/E

13.41

Fwd P/E

14.08

Beta

0.93

Div Yield

1.91%

Avg Vol

11.3M

Shares Out

14.7B

Mkt Cap

$211.1B

Price action

Price chart

Up 52.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Extensive global branch network of 9,879 locations providing customer accessibility and market presence
  • Diversified revenue streams across retail, commercial, and corporate segments reducing concentration risk
  • Strong brand heritage and 165+ year operating history establishing customer trust and market credibility
  • Significant geographic diversification with major operations in Spain, UK, Brazil, Mexico, and USA
  • Comprehensive product ecosystem enabling cross-selling and customer lifetime value optimization

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to sector peers

Growth

Revenue decline expected

Digital transformation and fintech integration expanding customer reach and operational efficiency

Value

Premium valuation to sector peers

Momentum

Strong

+15.9% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Modest

1.91% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 28, 2026

Q3 26 RECAP

JUL 22, 2026

Reported EPS of $0.27 vs $0.29 consensus (-6.9% surprise). Revenue of $17.9B vs $17.9B expected (+0.1%).

EPS miss
Rev beat +0.1%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-6.9%

Revenue trend · last 8Q

-7%

-5%

-5%

-6%

+134%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$14.9B

$15.8B

$31.6B

$14.3B

$14.2B

$15.0B

$29.7B

$39.1B

Margins · last 8Q

Gross

Operating

Profit

10.7%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Santander · Aug 27, 2026

vs Industry

How SAN stacks vs Banks - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.