Banco Santander S.A. Sponsored ADR (SAN)
Santander UK says around 750 staff risk losing jobs after fresh branch closures
The UK arm of Spain's Banco Santander , said on Wednesday around 750 staff could lose their jobs as it pressed ahead with plans to close a further 95 bank branches in Britain.
Santander eyes US operations through Verizon partnership, WSJ reports
Spanish banking giant Banco Santander is pushing to expand its U.S. operations through a partnership that taps into Verizon's vast customer base, the Wall Street Journal reported on Monday.
Santander's Botin gets 13% pay rise to take home 13.8 million euros in 2024
Santander's executive chair Ana Botin was paid 13.77 million euros ($14.32 million) in 2024, 13% higher than her remuneration in 2023, the lender said in its annual report on Friday.
Brazilian prosecutors investigate top Santander executive
Brazil's federal prosecutors have launched an investigation into alleged fund diversion by a former senior executive at Itau Unibanco , set to take a key role at Spanish bank Santander [RIC:RIC:SOVBAN.UL] in coming months.
Banco Santander: Starting To Get Its Due From The Market
Banco Santander has been a strong performer since my last update, with good fourth quarter results and bullish FY2025 guidance driving the shares back over tangible book value. Management expects Santander to deliver a strong 16.5% return on tangible equity this year. Given the current P/TBVPS multiple, this would imply a P/E of just ~7x. While the higher share price would have lowered the stock's total yield based on Santander's usual 50% payout ratio, capital returns for 2025-2026 have been upped by roughly €4 billion.
Santander says UK business is not for sale
Banco Santander's UK business remains a core part of the Spanish lender's globally diversified business model and the division is not for sale, a company spokesperson said on Thursday.
Banco Santander Credits Technology Platforms for Achievement of Record Results
Banco Santander credited its technology platforms with helping it achieve record results in 2024.
Santander Botin: Many banking players don't have options to grow organically
Ana Botín, executive chair at Santander Group, discusses the firm's better-than-expected fourth-quarter earnings and says the Spanish bank does not need to buy or sell to allocate capital unlike their peers.
Banco Santander, S.A. (SAN) Q4 2024 Earnings Call Transcript
Banco Santander, S.A. (NYSE:SAN ) Q4 2024 Earnings Conference Call February 5, 2025 4:00 AM ET Company Participants Raul Sinha - Global Head, IR Ana Botín - Executive Chair Hector Grisi - CEO José García Cantera - CFO Conference Call Participants Ignacio Ulargui - BNP Paribas Marta Sanchez - Citi Francisco Riquel - Alantra Chris Hallam - Goldman Sachs Alvaro Serrano - Morgan Stanley Andrea Filtri - Mediobanca Cecilia Romero - Barclays Carlos Peixoto - CaixaBank Sofie Peterzens - JPMorgan Antonio Reale - Bank of America Britta Schmidt - Autonomous Ignacio Cerezo - UBS Raul Sinha [Call Starts Abruptly] everyone, and thank you for joining Santander's 2024 Results Presentation.
Santander Brasil's net profit surges 75% in Q4
Santander Brasil a subsidiary of Spain's Banco Santander , reported on Wednesday a 75% jump in its fourth-quarter net profit, surpassing market expectations on the back of better spreads and increased fees.
Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
Banco Santander reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The lender noted a pick-up in customer activity, robust margin management and growth across operations — particularly in the core retail business.
Santander surges as record profit paves was way €10bn buyback
Banco Santander shares spiked over 6% on Wednesday after the lender unveiled plans for €10 billion (£8.3 billion) worth of buybacks on record full-year profit. Profit jumped 14% to €12,574 million in 2024 on a 10% increase in revenue to €62.2 billion, Santander reported.
