Santander shares fell on Wednesday, as Spanish investors reacted to the banking giant's latest $12 billion acquisition.
The lender reported a 15% rise in net profit for the last quarter of 2025 and approved a €5 billion share-buyback program.
Banco Santander plans to expand its presence in the United States by acquiring the holding company for Connecticut-headquartered Webster Bank for $12.2 billion. The combined business created by the acquisition will be a top 10 retail and commercial bank in the U.S.
Santander UK appointed Mahesh Aditya as chief executive on Friday, turning to parent Banco Santander's group chief risk officer to lead the British lender through a complex integration of TSB after Mike Regnier stepped down.
Banco Santander, S.A. has rallied ~28% since October, driven by valuation multiple expansion rather than earnings or book value growth. Despite SAN's capital return prospects and strong share buybacks, earnings momentum remains weak due to rate sensitivity and flat loan growth. SAN now trades at 1.62x book value, its highest in a decade, with a forward dividend yield of just 2.16%, below sector averages.
Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank. The fine was imposed by Spain's anti-money laundering watchdog known as Sepblac, Bloomberg reported Friday (Jan. 23), citing unnamed sources.
Does Banco Santander (SAN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Does Banco Santander (SAN) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Polish financial regulator (KNF) has given a green light to Erste Group Bank AG's purchase of a controlling stake in Santander Bank Polska , it said in a statement on Wednesday.
Italian debt recovery firm doValue Group said on Wednesday it had signed a contract with Spain's Banco Santander to manage new flows of impaired loans starting in January, replacing an agreement that is set to end in December.
Spain's Santander plans to sell an around 3.5% stake in its Polish subsidiary Santander Polska through an accelerated bookbuild for around $480 million, one of the bookrunners said on Monday.
Santander's exposure to companies owned by First Brands Group founder Patrick James has reportedly grown to $300 million. The increase was caused by James defaulting on a loan he took out to buy a French car parts group, The Wall Street Journal (WSJ) reported Wednesday (Nov. 19), citing unnamed sources.