Banco Santander (SAN.MC) Stock Price

Banco Santander Price

BME·CLOSED
12.80EUR-0.08 (-0.65 %)
Market closed

Revenue has compounded at 5.1% per year over the past 19 years to 66.09 B EUR. Earnings per share have grown at 1.5% per year over the last 19 years. Banco Santander's net margin stands at 21.3%, up from 15.0% several years earlier. Banco Santander currently offers a dividend yield of about 1.76%. The payout ratio is around 23% of earnings. Analysts set a median price target of 11.83 EUR, implying 7.6% below the current price. Of 29 analysts, 23 rate the stock a buy — an overall Buy consensus. The stock trades about 59% above its 52-week low.

Banco Santander stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Banco Santander over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Banco Santander stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Banco Santander's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Banco Santander Stock Price History
DateBanco Santander Price
8/14/202612.80 EUR
8/13/202612.89 EUR
8/12/202612.95 EUR
8/11/202612.85 EUR
8/10/202612.85 EUR
8/7/202612.86 EUR
8/6/202612.86 EUR
8/5/202612.76 EUR
8/4/202612.61 EUR
7/31/202612.32 EUR
7/30/202612.08 EUR
7/29/202611.95 EUR
7/28/202612.33 EUR
7/27/202612.26 EUR
7/24/202611.98 EUR
7/23/202611.89 EUR
7/22/202612.08 EUR
7/21/202611.91 EUR
7/20/202611.75 EUR
7/17/202611.83 EUR
7/16/202611.94 EUR
7/15/202611.97 EUR
7/14/202611.98 EUR
7/13/202612.13 EUR
7/10/202612.14 EUR
7/9/202612.05 EUR
7/8/202611.99 EUR
7/7/202612.48 EUR
7/6/202612.51 EUR
7/3/202612.40 EUR
7/2/202612.32 EUR
7/1/202612.12 EUR
6/30/202612.08 EUR
6/29/202611.92 EUR
6/26/202611.83 EUR
6/25/202611.92 EUR
6/24/202611.86 EUR
6/23/202611.93 EUR
6/22/202612.00 EUR
6/19/202611.96 EUR
6/18/202611.88 EUR
6/17/202611.76 EUR
6/16/202611.53 EUR
6/15/202611.36 EUR
6/12/202610.94 EUR
6/11/202610.56 EUR
6/10/202610.57 EUR
6/9/202610.48 EUR
6/8/202610.62 EUR
6/5/202610.82 EUR
6/4/202610.64 EUR
6/3/202610.70 EUR
6/2/202610.70 EUR
6/1/202610.74 EUR
5/29/202610.82 EUR
5/28/202610.73 EUR
5/27/202610.85 EUR
5/26/202610.79 EUR
5/25/202610.67 EUR
5/22/202610.48 EUR
5/21/202610.57 EUR
5/20/202610.24 EUR
5/19/202610.20 EUR
5/18/202610.19 EUR
5/15/202610.18 EUR
5/14/202610.25 EUR
5/13/202610.28 EUR
5/12/202610.20 EUR
5/11/202610.42 EUR
5/8/202610.47 EUR
5/7/202610.58 EUR
5/6/202610.59 EUR
5/5/202610.17 EUR
5/4/20269.98 EUR
4/30/202610.38 EUR
4/29/202610.47 EUR
4/28/202610.37 EUR
4/27/202610.28 EUR
4/24/202610.20 EUR
4/23/202610.33 EUR
4/22/202610.55 EUR
4/21/202610.63 EUR
4/20/202610.76 EUR
4/17/202611.04 EUR
4/16/202610.53 EUR
4/15/202610.65 EUR
4/14/202610.70 EUR
4/13/202610.35 EUR
4/10/202610.52 EUR
4/9/202610.35 EUR
4/8/202610.46 EUR
4/7/20269.84 EUR
4/2/20269.78 EUR
3/27/20269.40 EUR
3/26/20269.56 EUR
3/24/20269.48 EUR
3/23/20269.51 EUR
3/20/20269.25 EUR
3/19/20269.38 EUR
3/17/20269.57 EUR
3/16/20269.53 EUR
3/13/20269.52 EUR
3/11/20269.82 EUR
3/10/20269.96 EUR
3/9/20269.16 EUR
3/6/20269.58 EUR
3/5/20269.92 EUR
2/27/202610.93 EUR
2/26/202611.09 EUR
2/25/202611.16 EUR
2/23/202610.99 EUR
2/20/202610.70 EUR
2/19/202610.68 EUR
2/18/202610.72 EUR
2/17/202610.41 EUR
2/16/202610.29 EUR
2/13/202610.03 EUR
2/12/202610.30 EUR
2/11/202610.45 EUR
2/10/202610.77 EUR
2/9/202610.82 EUR
2/6/202610.66 EUR
2/5/202610.47 EUR
2/4/202610.70 EUR
2/3/202611.09 EUR
2/2/202611.05 EUR
1/30/202610.78 EUR
1/29/202610.63 EUR
1/28/202610.60 EUR
1/27/202610.79 EUR
1/26/202610.65 EUR
1/23/202610.48 EUR
1/22/202610.63 EUR
1/21/202610.32 EUR
1/20/202610.33 EUR
1/19/202610.49 EUR
1/16/202610.54 EUR
1/15/202610.54 EUR
1/14/202610.49 EUR
1/13/202610.48 EUR
1/12/202610.34 EUR
1/9/202610.25 EUR
1/8/202610.21 EUR
1/7/202610.13 EUR
1/6/202610.31 EUR
1/5/202610.33 EUR
1/2/202610.25 EUR
12/31/202510.07 EUR
12/30/202510.13 EUR
12/29/20259.97 EUR
12/24/20259.99 EUR
12/23/202510.00 EUR
12/22/20259.94 EUR
12/19/20259.97 EUR
12/18/202510.00 EUR
12/17/20259.87 EUR
12/16/20259.82 EUR
12/15/20259.87 EUR
12/12/20259.63 EUR
12/11/20259.78 EUR
12/10/20259.60 EUR
12/9/20259.52 EUR
12/8/20259.49 EUR
12/5/20259.46 EUR
12/4/20259.48 EUR
12/3/20259.32 EUR
12/2/20259.43 EUR
12/1/20259.30 EUR
11/28/20259.24 EUR
11/27/20259.24 EUR
11/26/20259.21 EUR
11/25/20259.04 EUR
11/24/20258.83 EUR
11/21/20258.81 EUR
11/20/20258.92 EUR
11/19/20258.92 EUR
11/18/20258.77 EUR
11/17/20259.10 EUR
11/14/20259.29 EUR
11/13/20259.55 EUR
11/12/20259.56 EUR
11/11/20259.31 EUR
11/10/20259.17 EUR
11/7/20258.85 EUR
11/6/20258.94 EUR
11/5/20258.88 EUR
11/4/20258.81 EUR
11/3/20258.85 EUR
10/31/20258.83 EUR
10/30/20258.75 EUR
10/29/20258.98 EUR
10/28/20258.61 EUR
10/27/20258.51 EUR
10/24/20258.37 EUR
10/23/20258.39 EUR
10/22/20258.39 EUR
10/21/20258.37 EUR
10/20/20258.44 EUR
10/17/20258.29 EUR
10/16/20258.58 EUR
10/15/20258.48 EUR
10/14/20258.52 EUR
10/13/20258.62 EUR
10/10/20258.52 EUR
10/9/20258.65 EUR
10/8/20258.76 EUR
10/7/20258.60 EUR
10/6/20258.69 EUR
10/3/20258.75 EUR
10/2/20258.66 EUR
10/1/20258.82 EUR
9/30/20258.87 EUR
9/29/20258.75 EUR
9/26/20258.85 EUR
9/25/20258.71 EUR
9/24/20258.74 EUR
9/23/20258.69 EUR
9/22/20258.55 EUR
9/19/20258.65 EUR
9/18/20258.53 EUR
9/17/20258.39 EUR
9/16/20258.40 EUR
9/15/20258.61 EUR
9/12/20258.49 EUR
9/11/20258.54 EUR
9/10/20258.48 EUR
9/9/20258.32 EUR
9/8/20258.29 EUR
9/5/20258.09 EUR
9/4/20258.19 EUR
9/3/20258.08 EUR
9/2/20258.05 EUR
9/1/20258.20 EUR
8/29/20258.16 EUR
8/28/20258.24 EUR
8/27/20258.06 EUR
8/26/20258.15 EUR
8/25/20258.28 EUR
8/22/20258.32 EUR
8/21/20258.26 EUR
8/20/20258.17 EUR
8/19/20258.24 EUR
8/18/20258.20 EUR
8/15/20258.24 EUR
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Banco Santander Revenue, Pre-Provision Profit, Net Income

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Revenue
Pre-Provision Profit
Net Income
Details
Date
Revenue
Pre-Provision Profit
Net Income
Jan 1, 2022
62.10 B EUR
26.11 B EUR
9.61 B EUR
Jan 1, 2023
65.41 B EUR
29.37 B EUR
11.08 B EUR
Jan 1, 2024
70.00 B EUR
31.67 B EUR
12.57 B EUR
Jan 1, 2025
66.09 B EUR
31.23 B EUR
14.10 B EUR
Jan 1, 2026 (e)
63.21 B EUR
0.00 EUR
15.22 B EUR
Jan 1, 2027 (e)
68.42 B EUR
0.00 EUR
18.27 B EUR
Jan 1, 2028 (e)
71.34 B EUR
0.00 EUR
21.01 B EUR
Jan 1, 2029 (e)
73.35 B EUR
0.00 EUR
21.69 B EUR

Banco Santander Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 14, 2026, 11:43 PM
 
REVENUEB EUR
REVENUE GROWTH%
Net Interest IncomeB EUR
Non-Interest IncomeB EUR
Loan Loss ProvisionsB EUR
Pre-Provision Profit (PPOP)B EUR
NET INCOMEB EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESB
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
80.0279.2876.0677.8577.2881.3967.1067.2294.91127.40136.06125.4563.2168.4271.3473.35
4.78-0.93-4.062.36-0.735.32-17.560.1741.2034.236.80-7.80-49.618.244.272.81
29.5532.8131.0934.3034.3435.2831.9933.3738.6243.2646.6742.35––––
25.3622.0820.9021.8122.9624.6121.3620.7523.4822.1523.3323.74––––
10.5210.199.569.248.999.3412.367.3910.8612.9112.6412.55––––
21.2019.7420.3321.3323.1921.8810.2921.9426.1129.3731.6731.23––––
5.825.696.206.627.816.52-8.778.129.6111.0812.5714.1015.2218.2721.0121.69
39.31-2.179.036.6917.99-16.58-234.63-192.6218.2315.3113.5212.147.9420.0614.973.25
0.600.400.190.210.220.190.200.080.110.140.200.230.250.250.25–
22.45-33.33-52.5010.534.76-13.645.26-60.0037.5027.2742.8615.008.70–––
13.5015.3415.5316.2216.8517.1017.3217.2716.8516.1715.5714.6814.6814.6814.6814.68
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Banco Santander generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Banco Santander retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Banco Santander's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Banco Santander has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Banco Santander's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Banco Santander stock margins

The Banco Santander margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Banco Santander. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Banco Santander.

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Cost-Income Ratio
Profit margin
Details
Date
Cost-Income Ratio
Profit margin
Jan 1, 2021
59.47 %
15.01 %
Jan 1, 2022
57.96 %
15.47 %
Jan 1, 2023
55.10 %
16.93 %
Jan 1, 2024
54.75 %
17.96 %
Jan 1, 2025
52.75 %
21.34 %
Jan 1, 2026 (e)
0.00 %
24.08 %
Jan 1, 2027 (e)
0.00 %
26.71 %
Jan 1, 2028 (e)
0.00 %
29.45 %

Banco Santander Revenue per Share, Earnings per Share

The Banco Santander earnings per share therefore indicates how much revenue Banco Santander has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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  • Max

Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
Earnings per Share
Jan 1, 2021
3.13 EUR
0.47 EUR
Jan 1, 2022
3.69 EUR
0.57 EUR
Jan 1, 2023
4.04 EUR
0.68 EUR
Jan 1, 2024
4.50 EUR
0.81 EUR
Jan 1, 2025
4.50 EUR
0.96 EUR
Jan 1, 2026 (e)
4.31 EUR
1.04 EUR
Jan 1, 2027 (e)
4.66 EUR
1.25 EUR
Jan 1, 2028 (e)
4.86 EUR
1.43 EUR

Banco Santander business model & stock analysis

Banco Santander SA is a global bank based in Madrid, Spain. It is one of the largest and most profitable banks in Europe and operates worldwide. It was founded in 1857 by businessman Bonifacio de la Concha. The bank started as an agency for international trade and has since evolved to primarily focus on lending and offering various financial products and services. Its business model is based on diversification, operating in areas such as retail banking, corporate banking, asset management, insurance, and investment banking. Banco Santander provides a range of products and services for retail customers, offers tailored solutions for businesses and institutional clients, and provides wealth management and insurance services. The bank is also involved in investment banking activities such as mergers and acquisitions, securities issuance, and derivatives. Banco Santander has a strong global presence and is well-positioned for future success due to its diversification and wide range of activities.

Banco Santander SWOT Analysis

Strengths

1. Strong Global Presence: Banco Santander SA operates in multiple countries, allowing it to benefit from diversification and capture new growth opportunities.

2. Solid Financial Performance: The company has a strong track record of generating profits and maintaining a healthy balance sheet, which enhances investor confidence.

3. Extensive Product Portfolio: Banco Santander SA offers a wide range of financial products and services, including banking, insurance, and asset management, catering to diverse customer needs.

Weaknesses

1. Heavy Reliance on European Market: The majority of Banco Santander SA's revenues are generated from the European market, making it vulnerable to economic downturns and regulatory changes in the region.

2. High Exposure to Interest Rate Risk: Fluctuations in interest rates can impact the profitability of the bank, as it heavily relies on net interest income for revenue generation.

Opportunities

1. Expansion into Emerging Markets: Banco Santander SA can tap into the growing economies of emerging markets to increase market share and diversify its revenue streams.

2. Technological Advancements: Leveraging technology and digitalization can help the bank improve operational efficiency, enhance customer experience, and stay ahead of competitors.

3. Acquisitions and Partnerships: Strategic acquisitions and partnerships can provide Banco Santander SA with access to new markets, customer segments, and innovative technologies.

Threats

1. Intense Competition: The banking industry is highly competitive, with both traditional banks and fintech disruptors vying for market share. This could potentially impact Banco Santander SA's profitability and customer retention.

2. Regulatory and Compliance Challenges: Stringent regulations and increasing compliance costs pose challenges to the bank's operations, potentially impacting profitability and hindering innovation.

3. Economic Uncertainty: Global economic conditions, such as recessions or economic slowdowns, can have a significant impact on Banco Santander SA's financial performance and growth prospects.

Banco Santander Eulerpool Fair Value

Details

Fair Value Estimate

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What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Banco Santander historical P/E ratio, EBIT multiple, and P/S ratio

Banco Santander annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Banco Santander shares outstanding

The number of shares of Banco Santander was 14.68 B in 2025. This indicates how many shares Banco Santander is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
17.27 B Stocks
Jan 1, 2022
16.85 B Stocks
Jan 1, 2023
16.17 B Stocks
Jan 1, 2024
15.57 B Stocks
Jan 1, 2025
14.68 B Stocks
Jan 1, 2026 (e)
14.68 B Stocks
Jan 1, 2027 (e)
14.68 B Stocks
Jan 1, 2028 (e)
14.68 B Stocks

Banco Santander stock splits

In Banco Santander's history, there have been no stock splits.

Banco Santander Dividend History

37 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.13EURYTD—1×
Apr 30, 20260.13EUR↑ 8.7%1/1
20250.23EUR↑ 15.4%2×
Apr 29, 20250.11EUR↑ 10.0%1/2
Oct 30, 20250.12EUR↑ 4.5%2/2
20240.20EUR↑ 38.8%2×
20230.14EUR↑ 28.0%2×
20220.11EUR↑ 44.5%2×
20210.08EUR↓ 24.0%2×
20200.10EUR↓ 56.5%1×
20190.23EUR↑ 4.5%3×
20180.22EUR↑ 4.8%4×
20170.21EUR↑ 5.0%4×

Banco Santander dividend history and estimates

In 2025, Banco Santander paid a dividend amounting to 0.23 EUR. Dividend means that Banco Santander distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
0.08 EUR
0.00 EUR
0.03 EUR
Jan 1, 2022
0.11 EUR
0.00 EUR
0.00 EUR
Jan 1, 2023
0.14 EUR
0.00 EUR
0.00 EUR
Jan 1, 2024
0.20 EUR
0.00 EUR
0.00 EUR
Jan 1, 2025
0.23 EUR
0.00 EUR
0.00 EUR
Jan 1, 2026 (e)
0.13 EUR
0.13 EUR
0.00 EUR
Jan 1, 2027 (e)
0.00 EUR
0.25 EUR
0.00 EUR
Jan 1, 2028 (e)
0.00 EUR
0.25 EUR
0.00 EUR

Banco Santander dividend payout ratio

In 2025, Banco Santander had a payout ratio of 23.44%. The payout ratio indicates the percentage of the company's profits that Banco Santander distributes as dividends.

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
16.17 %
Jan 1, 2022
19.26 %
Jan 1, 2023
20.66 %
Jan 1, 2024
24.07 %
Jan 1, 2025
23.44 %
Jan 1, 2026 (e)
24.11 %
Jan 1, 2027 (e)
20.08 %
Jan 1, 2028 (e)
17.46 %

Current Banco Santander forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
5.45 %
Buy
79.31 % (23)
Hold
17.24 % (5)
Sell
3.45 % (1)
12M Price Target
11.83
Last Price
12.89
Currency
EUR
12M Return Potential
-8.19 %
LTM Return
0 %

Banco Santander Analyst Rating Actions

DateFirmActionRatingReliability
11/8/2023
JP Morgan
JP Morgan
MaintainedNeutral80
8/8/2022
UBS
UBS
DowngradeBuyNeutral51
3/31/2022
Credit Suisse
Credit Suisse
UpgradeNeutralOutperform–
3/20/2022
Jefferies
Jefferies
UpgradeHoldBuy47
12/7/2021
Credit Suisse
Credit Suisse
DowngradeOutperformNeutral–
9/19/2021
Exane BNP Paribas
Exane BNP Paribas
DowngradeOutperformNeutral71
9/8/2021
Jefferies
Jefferies
UpgradeUnderperformHold47
4/5/2021
Credit Suisse
Credit Suisse
UpgradeNeutralOutperform–
1/19/2021
HSBC
HSBC
UpgradeHoldBuy–
7/20/2020
B of A Securities
B of A Securities
DowngradeNeutralUnderperform70

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Banco Santander Earnings Calls

2025

Banco Santander Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/23/20240.18EUR-15.29 BEUR-2024 Q1
1/31/20240.16EUR-14.76 BEUR-2023 Q4

EESG©

Eulerpool ESG Scorecard© for the Banco Santander stock

82/100
92
Environment
87
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions35,503
Scope 2 - Indirect emissions from purchased energy194,276
Scope 3 - Indirect emissions within the value chain1,116,061
Total CO₂ emissions229,779
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees52.4
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Banco Santander shareholder structure

% Name
3.48159%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.90863%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
1.67002%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
1.38992%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
1.30468%
Goldman Sachs Asset Management International
Goldman Sachs Asset Management International
1.22596%
Amundi Asset Management, SAS
Amundi Asset Management, SAS
...

Banco Santander Beneficial Ownership Filings (SEC 13D/G)

Free Float
96.9%
Float Shares
-
Shares Outstanding
-

Banco Santander Executives and Management Board

30 members · avg. age 58 · 27 % women

HC

Mr. Hector Blas Grisi Checa (57)

Chief Executive Officer, Executive Director · since 2023

8.31 M EUR

Management

JA

Mr. Jose Antonio Alvarez (65)

Non-Executive Vice Chairman of the Board, Other External Director · since 2004

5.56 M EUR
JC

Mr. Jose Antonio Garcia Cantera (58)

Group Chief Financial Officer

–
DM

Mr. Dirk Marzluf (54)

Group Chief Operating & Technology Officer

–
JP

Mr. Javier Rogla Puig

Group Head - People & Culture

–
DH

Mr. David Arthur Hazell

Senior Executive Vice President, Group Chief Compliance Officer

–
JP

Ms. Julia Bayon Pedraza (56)

Group Senior Executive Vice President, Group Chief Audit Executive

–

Board of Directors

AO

Ms. Ana Botin-Sanz De Sautuola Y O'Shea (65)

Executive Chairwoman of the Board · since 1989

13.77 M EUR
LB

Mr. Luis Isasi Fernandez de Bobadilla (65)

Non-Executive Other External Director

1.44 M EUR
GH

Mr. Glenn Hogan Hutchins (68)

Vice Chairman of the Board, Non-Executive Lead Independent Director

700,000.00 EUR
BG

Ms. Belen Romana Garcia (60)

Non-Executive Independent Director

599,000.00 EUR
PW

Ms. Pamela Walkden (65)

Non-Executive Independent Director

381,000.00 EUR
GF

Mr. German De La Fuente (59)

Non-Executive Independent Director

338,000.00 EUR

Frequently asked questions about Banco Santander

Banco Santander SA operates under a universal banking business model. As one of the world's largest financial institutions, Banco Santander provides a wide range of banking and financial services to individual and corporate customers. Its business model revolves around offering retail banking products, including deposit accounts, mortgages, loans, and credit cards. Additionally, the bank engages in commercial banking activities such as investment and corporate banking, asset management, and insurance services. With a strong global presence, Banco Santander aims to meet the diverse financial needs of its customers while upholding its commitment to innovation, digital transformation, and sustainable banking practices.

Banco Santander SA is primarily active in the banking and financial services industry. With a strong presence in Europe and Latin America, Banco Santander offers a wide range of services including retail and commercial banking, asset management, insurance, and investment banking. Being one of the largest banks in the world, Banco Santander has a diverse portfolio of products and services, catering to individual and corporate clients. The company's global reach and expertise in the financial industry contribute to its continued growth and success.

Some of the main competitors of Banco Santander SA in the market include BBVA, Bank of America, Citigroup, HSBC, and JPMorgan Chase.

Banco Santander SA, founded in 1857, is a Spanish multinational banking and financial services company headquartered in Madrid. With a rich history spanning over 160 years, Banco Santander SA has grown into one of the largest and most respected banking institutions worldwide. It has successfully expanded its presence across Europe, Latin America, North America, and other global markets. Known for its strong commitment to customer service and innovative financial solutions, Banco Santander SA has consistently delivered value to its clients and shareholders. By focusing on digital transformation and adapting to changing market dynamics, the company continues to position itself as a leader in the global banking industry.

Banco Santander SA has achieved several significant milestones throughout its history. One notable achievement is its continuous global expansion, having established a strong presence in over 40 countries. The company has also demonstrated resilience during various economic recessions, maintaining stable financial performance and profitability. In addition, Banco Santander SA has received numerous industry awards and recognitions for its commitment to corporate responsibility, including environmental sustainability and community development. Furthermore, the bank's digital transformation initiatives have enhanced customer experience and streamlined operations, consolidating its position as a leader in the evolving fintech landscape. These milestones highlight Banco Santander SA's enduring success and strategic focus on growth and innovation.

Banco Santander SA is primarily present in several countries and regions across the globe. It is a prominent Spanish multinational banking and financial services company operating in countries such as Spain, Portugal, Germany, Poland, Brazil, Mexico, Argentina, Chile, and the United Kingdom. With a strong foothold in these key regions, Banco Santander SA has established itself as a leading player in the global banking industry, providing a wide range of financial products and services to its customers.

Banco Santander SA represents values of integrity, innovation, and customer focus. With a strong corporate philosophy, the company strives to provide exceptional financial services to its clients and generate sustainable growth. Banco Santander SA values trust, transparency, and ethical behavior, offering personalized solutions to meet the diverse needs of individuals, businesses, and institutions. Committed to responsible banking, Banco Santander SA continuously invests in technology, promoting digitalization and improving customer experience. As a renowned financial institution, Banco Santander SA prioritizes financial inclusion, corporate social responsibility, and strong governance practices, ensuring a solid foundation for long-term success and stakeholder satisfaction.

Analysts currently set an average price target of 11.54 EUR for the Banco Santander stock (median: 11.83 EUR), implying -10.5 % versus the latest price. The consensus is based on 29 analyst ratings.

Banco Santander Analyst Price Targets 2026

29 analysts currently rate the Banco Santander stock: 21 recommend buying, 7 holding and 1 selling. For 2026, analysts expect Banco Santander to generate revenue of 63.21 B EUR and earnings per share of 1.04 EUR.

Banco Santander Analyst Price Targets 2026

The Banco Santander share (SAN.MC) is listed on 18 stock exchanges, including: XETRA (BSD2.DE), Frankfurt (BSD2.F), München (BSD2.MU), Düsseldorf (BSD2.DU), Hamburg (BSD2.HM), London (BNC.L), London (BNC.L), SIX (Zürich) (SAN1.SW).

Banco Santander SA is a Spanish bank that operates in the financial industry. The company has a comprehensive and diversified business model consisting of various segments, each targeting different customer groups. The main segments of Banco Santander SA include retail banking, commercial banking, and investment banking. In retail banking, the company offers financial services to individual customers, including bank accounts, credit cards, loans, mortgages, insurance, and investment products. In commercial banking, the bank focuses on corporate customers, providing them with financing solutions, deposits, payment services, foreign exchange trading, and other banking services. In investment banking, the bank serves large companies and institutional clients, offering them advisory services in capital markets, M&A, financing structuring, and transaction and risk hedging. Banco Santander SA also offers a wide range of products and services for wealth management and private banking clients. These include investment funds, portfolios, securities services, and other products for high net worth individuals. Another important business area for Banco Santander SA is insurance. The bank provides a wide range of insurance solutions, such as auto insurance, home insurance, liability insurance, and health insurance. The bank has also developed an extensive range of digital services for its customers. Through its online platform and mobile applications, customers can access their bank accounts, make transfers, track account movements, and perform other banking transactions. Additionally, the company offers a wide range of online products, such as online loans, direct banking accounts, and digital investment platforms. Banco Santander SA is also internationally active and has a presence in many countries. The bank operates in Europe, Latin America, North America, and Asia, offering services to retail, corporate, and institutional clients worldwide. In summary, Banco Santander SA's business model is primarily focused on providing various financial services to different customer segments. The bank offers a wide range of products and services, from traditional banking services to wealth management and insurance, as well as digitization of banking operations. With its international presence and diversified business areas, the bank is well-positioned to continue its success and meet the needs of its customers worldwide.

The expected revenue of Banco Santander is 63.21 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Banco Santander is 15.22 B EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Banco Santander is currently 12.35. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Banco Santander stock.

The price-to-sales ratio (P/S) of Banco Santander is currently 2.97. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Banco Santander stock.

The Eulerpool Quality Score for Banco Santander is 1/10.

The ISIN of Banco Santander is ES0113900J37. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Banco Santander is 858872. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Banco Santander is SAN.MC. The ticker symbol is used to trade Banco Santander shares on the stock exchange.

Over the past 12 months, Banco Santander paid a dividend of 0.23 EUR . This corresponds to a dividend yield of about 1.76 %. For the coming 12 months, Banco Santander is expected to pay a dividend of 0.25 EUR.

The current dividend yield of Banco Santander is 1.76 %.

Banco Santander pays a dividend, distributed in the months of , , , .

Banco Santander paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 0.25 EUR are expected. This corresponds to a dividend yield of 1.94 %.

Banco Santander is assigned to the 'Finance' sector.

To receive the latest dividend of Banco Santander from amounting to 0.13 EUR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Banco Santander distributed 0.2 EUR as dividends.

The dividends of Banco Santander are distributed in EUR.

All fundamentals and in-depth analysis of Banco Santander

Our stock analysis for Banco Santander stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Banco Santander. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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