Banco Santander S.A. Sponsored ADR (SAN)
Santander Sells Bulk of Polish Banking Business for $7.9 Billion
Santander is selling a majority of its Polish business to Austrian bank Erste Group. The $7.9 billion deal, announced Monday (May 5) will also see the two lenders form a partnership that will see Santander give Erste access to its payment system.
Banco Santander: Starting The Year With Another Record Quarter
Shares of Spain's Banco Santander have been an exceptional performer so far this year, returning over 60%. First quarter earnings marked another record for the bank, and its return on tangible equity remains within management's longstanding 15-17% target range. These shares remain at a slight premium to tangible book value, which is easily justified by Santander's earnings power.
Banco Santander, S.A. (SAN) Q1 2025 Earnings Call Transcript
Banco Santander, S.A. (NYSE:SAN ) Q1 2025 Earnings Conference Call April 30, 2025 4:00 AM ET Company Participants Raul Sinha - Global Head, IR Hector Grisi - CEO José García Cantera - CFO Conference Call Participants Sofie Peterzens - JPMorgan Ignacio Ulargui - BNP Paribas Andrea Filtri - Mediobanca Francisco Riquel - Alantra Alvaro Serrano - Morgan Stanley Marta Sanchez Romero - Citi Carlos Peixoto - CaixaBank Britta Schmidt - Autonomous Cecilia Romero - Barclays Ignacio Cerezo - UBS Pablo de la Torre - RBC Raul Sinha Good morning all, and welcome to the Santander Q1 2025 Results Call.
Santander UK profits fall as branch cuts and slower growth weigh
Santander UK reported an 8% drop in first-quarter pre-tax profits to £358 million, citing higher costs tied to a major overhaul of its high street network. The bank set aside £140 million in provisions, up 69% year on year, largely to cover expenses related to the planned closure of 95 branches and reduced services at others.
Santander Beats Estimates on Spain, U.S. Strength
Profitability was notably boosted by strong results from the bank's Spanish retail division and its U.S. digital consumer lending unit.
Should Value Investors Buy Banco Santander (SAN) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Banco Santander (SAN) Soars 9.6%: Is Further Upside Left in the Stock?
Banco Santander (SAN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Banco Santander (SAN) Upgraded to Strong Buy: Here's Why
Banco Santander (SAN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Santander, BNDES back Mombak reforestation, drawing on Brazil climate fund
Reforestation startup Mombak has secured 100 million reais ($17.8 million) in a deal with Santander Brasil and Brazilian development bank BNDES, it said on Monday, eyeing rapid growth in the carbon removal market.
Santander's Stephen Stanley on tariffs: 'This calamity is entirely manmade'
Stephen Stanley, chief U.S. economist at Santander U.S. Capital Markets, joins CNBC's 'Power Lunch' to discuss how markets are reacting to tariffs, recession odds, and more.
Santander on track to meet 2025 targets after gaining customers in first quarter
Spain's Santander said on Friday it was on track to meet its full-year profitability and revenue targets after it continued to gain customers in the first quarter.
Are Investors Undervaluing Banco Santander (SAN) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
