Symbols / SAN Stock $12.15 -2.57% Banco Santander, S.A.

Financial Services • Banks - Diversified • Spain • NYQ
SAN (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Diversified
CEO Mr. Hector Blas Grisi Checa
Exch · Country NYQ · Spain
Market Cap 174.96B
Enterprise Value 267.82B
Income 12.47B
Sales 47.37B
FCF (ttm) —
Book/sh 8.13
Cash/sh 21.17
Employees 186,370
Insider 10d —
IPO Jul 30, 1987
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 25.25%
P/E 11.80
Forward P/E 9.28
PEG 3.46
P/S 3.69
P/B 1.49
P/C —
EV/EBITDA —
EV/Sales 5.65
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 1.03
EPS next Y 1.31
EPS Growth 67.40%
Revenue Growth 4.60%
EPS Gr Q/Q 60.30%
Rev Gr Q/Q —
Earnings (next) 2026-07-22
Earnings (prior) 2026-04-28
ROA 0.78%
ROE 12.89%
ROIC —
Gross Margin 0.00%
Oper. Margin 43.26%
Profit Margin 34.10%
Shs Outstand 14.40B
Shs Float 14.33B
Insider Own 0.00%
Instit Own 3.42%
Short Float 0.71%
Short Ratio 11.76
Short Interest 83.30M
52W High 13.24
vs 52W High -8.23%
52W Low 7.83
vs 52W Low 55.17%
Beta 0.95
Impl. Vol. 71.19%
Rel Volume 0.73
Avg Volume 10.58M
Volume 7.77M
Target (mean) $12.16
Tgt Median $12.87
Tgt Low $9.30
Tgt High $14.30
# Analysts 3
Recom Hold
Prev Close $12.47
Price $12.15
Change -2.57%
About

Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides credit and debit cards, real estate loans, microfinance, and auto loans; corporate and investment banking services; advice on mergers and acquisitions; wealth, asset, and risk management services; and digital payments and technology solutions. In addition, it is involved in the securitization, leasing, management of portfolios, e-commerce, air transport, aircraft rental, software, consulting, fund and investment management, renewable energy, vehicle rental, insurance, advertising, marketing, telemarketing, automotive, agricultural, factoring, securities brokerage and investment, pension fund management, trade intermediary, venture capital fund, renting, restaurant, electricity production, IT, internet, and financial advisory and other activities; management, and other real estate activities; and purchase and sale of vehicles. Further, the company offers mobile and online banking services. Banco Santander, S.A. was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007. The company was incorporated in 1856 and is headquartered in Madrid, Spain.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$12.16
Mean price target
2. Current target
$12.15
Latest analyst target
3. DCF / Fair value
$15.45
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$12.15
Low
$9.30
High
$14.30
Mean
$12.16

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-03-25 up Barclays Equal-Weight → Overweight —
2022-04-01 up Credit Suisse Neutral → Outperform —
2022-03-21 up Jefferies Hold → Buy —
2021-12-08 down Credit Suisse Outperform → Neutral —
2021-09-20 down Exane BNP Paribas Outperform → Neutral —
2021-09-09 up Jefferies Underperform → Hold —
2021-04-06 up Credit Suisse Neutral → Outperform —
2021-01-20 up HSBC Hold → Buy —
2020-07-21 down B of A Securities Neutral → Underperform —
2018-06-14 up HSBC Hold → Buy —
2018-03-23 up Keefe, Bruyette & Woods Market Perform → Outperform —
2017-11-24 up Goldman Sachs Neutral → Buy —
2017-08-15 down Goldman Sachs Buy → Neutral —
2017-02-01 up UBS Neutral → Buy —
2016-10-19 up RBC Capital Underperform → Sector Perform —
2016-10-11 up Natixis Reduce → Buy —
2016-09-06 up Barclays Equal-Weight → Overweight —
2016-08-31 up Deutsche Bank Hold → Buy —
2016-04-25 up JP Morgan Neutral → Overweight —
2016-03-08 up Goldman Sachs Neutral → Buy —
News
RSS: Latest SAN news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-11-05 Aditya (Mahesh) — — 100,000 $10.15 $1,015,000
2024-11-14 Hutchins (Glenn Hogan) — — 208,303 $6.02 $1,253,150
2024-11-08 Aditya (Mahesh) — — 10,665 $4.75 $50,658
2024-11-06 Aditya (Mahesh) — — 10,665 $4.72 $50,338
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
60,023.00
-0.47%
60,305.00
+6.38%
56,687.00
+4.56%
54,216.00
Operating Revenue
60,023.00
-0.47%
60,305.00
+6.38%
56,687.00
+4.56%
54,216.00
Selling General And Administration
21,468.00
-1.96%
21,897.00
-0.74%
22,061.00
+8.36%
20,359.00
Selling And Marketing Expense
517.00
+0.98%
512.00
-10.80%
574.00
+2.68%
559.00
General And Administrative Expense
20,951.00
-2.03%
21,385.00
-0.47%
21,487.00
+8.52%
19,800.00
Salaries And Wages
13,633.00
-1.39%
13,825.00
+4.14%
13,275.00
+5.80%
12,547.00
Other Gand A
6,754.00
-3.29%
6,984.00
-0.81%
7,041.00
-1.46%
7,145.00
Reconciled Depreciation
3,178.00
-0.03%
3,179.00
+3.01%
3,086.00
+3.38%
2,985.00
Total Unusual Items
21.00
+103.29%
-639.00
-234.55%
-191.00
+15.11%
-225.00
Total Unusual Items Excluding Goodwill
21.00
+103.29%
-639.00
-234.55%
-191.00
+15.11%
-225.00
Special Income Charges
20.00
+103.14%
-636.00
-232.98%
-191.00
+15.11%
-225.00
Other Special Charges
-90.00
-12.50%
-80.00
-37.93%
-58.00
+46.30%
-108.00
Impairment Of Capital Assets
313.00
-55.60%
705.00
+172.20%
259.00
-16.18%
309.00
Restructuring And Mergern Acquisition
-22.00
0.00
+100.00%
-39.00
0.00
Write Off
10.00
-9.09%
11.00
-62.07%
29.00
+20.83%
24.00
Net Income
14,101.00
+12.14%
12,574.00
+13.52%
11,076.00
+15.31%
9,605.00
Pretax Income
18,681.00
+7.69%
17,347.00
+15.61%
15,005.00
-1.61%
15,250.00
Net Interest Income
42,348.00
-3.29%
43,787.00
+7.72%
40,650.00
+5.26%
38,619.00
Interest Expense
59,362.00
-8.99%
65,225.00
+6.77%
61,092.00
+86.19%
32,811.00
Interest Income
101,710.00
-6.70%
109,012.00
+7.15%
101,742.00
+42.44%
71,430.00
Gain On Sale Of Security
885.00
-38.54%
1,440.00
+170.68%
532.00
-60.62%
1,351.00
Gain On Sale Of Business
231.00
0.00
0.00
—
Tax Provision
4,723.00
-2.50%
4,844.00
+24.85%
3,880.00
-13.51%
4,486.00
Tax Rate For Calcs
0.00
-10.44%
0.00
+6.89%
0.00
-11.69%
0.00
Tax Effect Of Unusual Items
5.22
+102.94%
-177.45
-257.61%
-49.62
+25.04%
-66.19
Net Income Including Noncontrolling Interests
15,500.00
+12.78%
13,744.00
+12.81%
12,183.00
+13.18%
10,764.00
Net Income From Continuing Operation Net Minority Interest
12,559.00
+10.82%
11,333.00
+13.13%
10,018.00
+4.30%
9,605.00
Net Income From Continuing And Discontinued Operation
14,101.00
+12.14%
12,574.00
+13.52%
11,076.00
+15.31%
9,605.00
Net Income Continuous Operations
13,958.00
+11.64%
12,503.00
+12.39%
11,125.00
+3.35%
10,764.00
Net Income Discontinuous Operations
1,542.00
+24.25%
1,241.00
+17.30%
1,058.00
0.00
Minority Interests
-1,399.00
-19.57%
-1,170.00
-5.69%
-1,107.00
+4.49%
-1,159.00
Normalized Income
12,543.22
+6.35%
11,794.55
+16.10%
10,159.38
+4.05%
9,763.81
Net Income Common Stockholders
14,723.00
+11.59%
13,194.00
+14.06%
11,568.00
+27.46%
9,076.00
Diluted EPS
0.90
+17.19%
0.77
+17.97%
0.65
+21.23%
0.54
Basic EPS
0.91
+17.38%
0.77
+17.89%
0.65
+21.34%
0.54
Basic Average Shares
14,890.30
-3.92%
15,497.61
-4.17%
16,172.08
-4.01%
16,848.34
Diluted Average Shares
14,975.57
-3.80%
15,567.72
-4.18%
16,247.27
-3.88%
16,903.66
Diluted NI Availto Com Stockholders
14,723.00
+11.59%
13,194.00
+14.06%
11,568.00
+27.46%
9,076.00
Average Dilution Earnings
0.00
0.00
0.00
0.00
Depreciation Amortization Depletion Income Statement
3,178.00
-0.03%
3,179.00
+3.01%
3,086.00
+3.38%
2,985.00
Depreciation And Amortization In Income Statement
3,178.00
-0.03%
3,179.00
+3.01%
3,086.00
+3.38%
2,985.00
Insurance And Claims
564.00
-2.08%
576.00
-50.81%
1,171.00
+984.26%
108.00
Occupancy And Equipment
—
757.00
+4.99%
721.00
—
Other Non Interest Expense
4,864.00
-16.08%
5,796.00
+24.35%
4,661.00
-11.10%
5,243.00
Preferred Stock Dividends
-622.00
-0.32%
-620.00
-26.02%
-492.00
-193.01%
529.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2021-12-31
Total Assets
1,867,515.00
+1.66%
1,837,081.00
+2.23%
1,797,062.00
—
Cash And Cash Equivalents
179,296.00
-17.71%
217,892.00
-11.75%
246,895.00
—
Cash Financial
152,281.00
-20.77%
192,208.00
-12.77%
220,342.00
—
Other Short Term Investments
18,308.00
-6.21%
19,521.00
-9.25%
21,511.00
—
Receivables
11,132.00
-2.57%
11,426.00
+7.56%
10,623.00
—
Other Receivables
11,132.00
-2.57%
11,426.00
+7.56%
10,623.00
—
Prepaid Assets
3,121.00
+3.48%
3,016.00
+3.61%
2,911.00
—
Net PPE
26,416.00
-15.37%
31,212.00
-5.21%
32,926.00
—
Gross PPE
43,194.00
-11.95%
49,055.00
-4.83%
51,547.00
—
Accumulated Depreciation
-16,778.00
+5.97%
-17,843.00
+4.18%
-18,621.00
—
Properties
14,067.00
-6.92%
15,113.00
+0.94%
14,973.00
—
Machinery Furniture Equipment
9,752.00
-4.82%
10,246.00
-7.07%
11,026.00
—
Construction In Progress
322.00
+8.42%
297.00
+21.72%
244.00
—
Other Properties
19,053.00
-18.57%
23,399.00
-7.53%
25,304.00
—
Goodwill And Other Intangible Assets
17,308.00
-10.13%
19,259.00
-3.08%
19,871.00
—
Goodwill
11,958.00
-11.01%
13,438.00
-4.13%
14,017.00
—
Other Intangible Assets
5,350.00
-8.09%
5,821.00
-0.56%
5,854.00
—
Investments And Advances
337,204.00
+7.31%
314,244.00
+15.64%
271,735.00
—
Long Term Equity Investment
7,052.00
-3.09%
7,277.00
-4.83%
7,646.00
—
Total Liabilities Net Minority Interest
1,754,767.00
+1.45%
1,729,754.00
+2.18%
1,692,821.00
—
Payables And Accrued Expenses
21,473.00
+2.57%
20,935.00
-1.68%
21,292.00
—
Payables
12,455.00
+4.38%
11,932.00
-1.84%
12,156.00
—
Accounts Payable
2,520.00
+2.69%
2,454.00
-26.17%
3,324.00
—
Current Accrued Expenses
9,018.00
+0.17%
9,003.00
-1.46%
9,136.00
—
Employee Benefits
2,649.00
+0.11%
2,646.00
-14.78%
3,105.00
—
Total Tax Payable
9,935.00
+4.82%
9,478.00
+7.31%
8,832.00
—
Income Tax Payable
9,935.00
+4.82%
9,478.00
+7.31%
8,832.00
—
Current Debt And Capital Lease Obligation
41,273.00
+7746.58%
526.00
-10.24%
586.00
—
Current Debt
40,807.00
+9.42%
37,295.00
-19.22%
46,170.00
—
Current Capital Lease Obligation
466.00
-11.41%
526.00
-10.24%
586.00
—
Long Term Debt And Capital Lease Obligation
284,939.00
-12.92%
327,197.00
+5.41%
310,393.00
—
Long Term Debt
283,583.00
-12.88%
325,521.00
+5.49%
308,579.00
—
Long Term Capital Lease Obligation
1,356.00
-19.09%
1,676.00
-7.61%
1,814.00
—
Long Term Provisions
2,717.00
-10.74%
3,044.00
+16.14%
2,621.00
—
Defined Pension Benefit
851.00
+12.27%
758.00
-30.71%
1,094.00
—
Non Current Pension And Other Postretirement Benefit Plans
1,656.00
-4.33%
1,731.00
-22.20%
2,225.00
—
Non Current Deferred Liabilities
5,904.00
-5.93%
6,276.00
+3.12%
6,086.00
—
Non Current Deferred Taxes Liabilities
5,904.00
-5.93%
6,276.00
+3.12%
6,086.00
—
Stockholders Equity
103,170.00
+4.63%
98,601.00
+3.33%
95,423.00
—
Common Stock Equity
103,170.00
+4.63%
98,601.00
+3.33%
95,423.00
—
Capital Stock
7,345.00
-3.05%
7,576.00
-6.38%
8,092.00
—
Common Stock
7,345.00
-3.05%
7,576.00
-6.38%
8,092.00
—
Share Issued
14,689.32
-3.06%
15,152.49
-6.37%
16,184.15
—
Ordinary Shares Number
14,678.24
-3.03%
15,136.96
-4.72%
15,886.33
—
Treasury Shares Number
11.08
-28.67%
15.53
-94.79%
297.82
+7.29%
277.59
Additional Paid In Capital
36,792.00
-8.20%
40,079.00
-9.68%
44,373.00
—
Retained Earnings
106,060.00
+11.76%
94,900.00
+11.40%
85,190.00
—
Gains Losses Not Affecting Retained Earnings
-47,204.00
-7.03%
-44,103.00
-4.83%
-42,069.00
—
Treasury Stock
96.00
+41.18%
68.00
-93.69%
1,078.00
—
Minority Interest
9,578.00
+9.76%
8,726.00
-1.04%
8,818.00
—
Other Equity Adjustments
-17,179.00
-5.81%
-16,236.00
+3.31%
-16,791.00
—
Total Equity Gross Minority Interest
112,748.00
+5.05%
107,327.00
+2.96%
104,241.00
—
Total Capitalization
386,753.00
-8.81%
424,122.00
+4.98%
404,002.00
—
Invested Capital
427,560.00
+0.81%
424,122.00
+4.98%
404,002.00
—
Total Debt
326,212.00
-0.46%
327,723.00
+5.38%
310,979.00
—
Net Debt
145,094.00
+34.81%
107,629.00
+74.48%
61,684.00
—
Capital Lease Obligations
1,822.00
-17.26%
2,202.00
-8.25%
2,400.00
—
Net Tangible Assets
85,862.00
+8.22%
79,342.00
+5.02%
75,552.00
—
Tangible Book Value
85,862.00
+8.22%
79,342.00
+5.02%
75,552.00
—
Available For Sale Securities
191,246.00
+1.64%
188,164.00
+13.77%
165,397.00
—
Cash Cash Equivalents And Federal Funds Sold
246,293.00
-11.97%
279,790.00
-7.60%
302,793.00
—
Current Notes Payable
40,807.00
+9.42%
37,295.00
-19.22%
46,170.00
—
Derivative Product Liabilities
56,265.00
-9.97%
62,496.00
+7.20%
58,300.00
—
Fixed Assets Revaluation Reserve
0.00
0.00
0.00
—
Foreign Currency Translation Adjustments
-25,475.00
-13.85%
-22,375.00
-14.68%
-19,510.00
—
Minimum Pension Liabilities
-3,896.00
+11.53%
-4,404.00
-1.85%
-4,324.00
—
Other Equity Interest
273.00
+25.81%
217.00
-76.28%
915.00
—
Trading Securities
120,598.00
+21.47%
99,282.00
+28.64%
77,181.00
—
Unrealized Gain Loss
-654.00
+39.89%
-1,088.00
+24.65%
-1,444.00
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-14,835.00
+38.58%
-24,155.00
-581.66%
5,015.00
-81.90%
27,706.00
Cash Flow From Continuing Operating Activities
-14,835.00
+38.58%
-24,155.00
-581.66%
5,015.00
-81.90%
27,706.00
Net Income From Continuing Operations
15,500.00
+12.78%
13,744.00
+12.81%
12,183.00
+13.18%
10,764.00
Depreciation Amortization Depletion
3,178.00
-0.03%
3,179.00
+3.01%
3,086.00
+3.38%
2,985.00
Depreciation And Amortization
3,178.00
-0.03%
3,179.00
+3.01%
3,086.00
+3.38%
2,985.00
Other Non Cash Items
28,169.00
+11.86%
25,182.00
+5.53%
23,862.00
+13.71%
20,985.00
Change In Working Capital
-56,728.00
+6.05%
-60,380.00
-108.91%
-28,902.00
-1789.02%
-1,530.00
Change In Other Working Capital
-56,789.00
-8.59%
-52,295.00
-74.49%
-29,970.00
-635.08%
5,601.00
Change In Other Current Assets
-237.00
+79.12%
-1,135.00
-300.88%
565.00
+136.64%
-1,542.00
Change In Other Current Liabilities
298.00
+104.29%
-6,950.00
-1481.71%
503.00
+109.00%
-5,589.00
Investing Cash Flow
534.00
+114.39%
-3,712.00
+30.82%
-5,366.00
-37.66%
-3,898.00
Cash Flow From Continuing Investing Activities
534.00
+114.39%
-3,712.00
+30.82%
-5,366.00
-37.66%
-3,898.00
Purchase Of PPE
-5,854.00
+31.08%
-8,494.00
+25.79%
-11,446.00
-26.25%
-9,066.00
Sale Of PPE
5,206.00
-12.74%
5,966.00
-15.66%
7,074.00
+27.28%
5,558.00
Capital Expenditure
-7,659.00
+27.73%
-10,598.00
+22.32%
-13,643.00
-25.86%
-10,840.00
Net Investment Purchase And Sale
670.00
+13500.00%
-5.00
-100.74%
675.00
+77.17%
381.00
Purchase Of Investment
-79.00
+88.48%
-686.00
-393.53%
-139.00
+8.55%
-152.00
Sale Of Investment
749.00
+9.99%
681.00
-16.34%
814.00
+52.72%
533.00
Net Business Purchase And Sale
-133.00
-111.11%
-63.00
+83.80%
-389.00
-678.00%
-50.00
Purchase Of Business
-187.00
-163.38%
-71.00
+94.43%
-1,274.00
-62.50%
-784.00
Net Intangibles Purchase And Sale
-1,805.00
+14.21%
-2,104.00
+4.23%
-2,197.00
-23.84%
-1,774.00
Purchase Of Intangibles
-1,805.00
+14.21%
-2,104.00
+4.23%
-2,197.00
-23.84%
-1,774.00
Net Other Investing Changes
2,450.00
+147.98%
988.00
+7.74%
917.00
-12.92%
1,053.00
Financing Cash Flow
-14,203.00
-157.77%
-5,510.00
-167.74%
-2,058.00
+79.35%
-9,964.00
Cash Flow From Continuing Financing Activities
-14,203.00
-157.77%
-5,510.00
-167.74%
-2,058.00
+79.35%
-9,964.00
Net Issuance Payments Of Debt
-6,535.00
-324.96%
2,905.00
-28.73%
4,076.00
+287.66%
-2,172.00
Issuance Of Debt
2,287.00
-67.33%
7,001.00
-0.09%
7,007.00
+5788.24%
119.00
Repayment Of Debt
-8,822.00
-115.38%
-4,096.00
-39.75%
-2,931.00
-27.94%
-2,291.00
Long Term Debt Issuance
2,287.00
-67.33%
7,001.00
-0.09%
7,007.00
+5788.24%
119.00
Long Term Debt Payments
-8,822.00
-115.38%
-4,096.00
-39.75%
-2,931.00
-27.94%
-2,291.00
Net Long Term Debt Issuance
-6,535.00
-324.96%
2,905.00
-28.73%
4,076.00
+287.66%
-2,172.00
Net Common Stock Issuance
-3,266.00
+18.84%
-4,024.00
-76.18%
-2,284.00
-54.64%
-1,477.00
Common Stock Payments
-4,081.00
+14.78%
-4,789.00
-54.04%
-3,109.00
-51.66%
-2,050.00
Cash Dividends Paid
-3,341.00
-10.74%
-3,017.00
-33.44%
-2,261.00
-22.35%
-1,848.00
Repurchase Of Capital Stock
-4,081.00
+14.78%
-4,789.00
-54.04%
-3,109.00
-51.66%
-2,050.00
Net Other Financing Charges
-1,061.00
+22.78%
-1,374.00
+13.53%
-1,589.00
+64.43%
-4,467.00
Changes In Cash
-28,504.00
+14.60%
-33,377.00
-1285.51%
-2,409.00
-117.40%
13,844.00
Effect Of Exchange Rate Changes
-8,908.00
-269.90%
5,243.00
+1728.26%
-322.00
+77.95%
-1,460.00
Beginning Cash Position
192,208.00
-12.77%
220,342.00
-1.22%
223,073.00
+5.88%
210,689.00
End Cash Position
154,796.00
-19.46%
192,208.00
-12.77%
220,342.00
-1.22%
223,073.00
Free Cash Flow
-22,494.00
+35.27%
-34,753.00
-302.79%
-8,628.00
-151.16%
16,866.00
Common Stock Issuance
815.00
+6.54%
765.00
-7.27%
825.00
+43.98%
573.00
Issuance Of Capital Stock
815.00
+6.54%
765.00
-7.27%
825.00
+43.98%
573.00
Sale Of Business
54.00
+575.00%
8.00
-99.10%
885.00
+20.57%
734.00
Sale Of Intangibles
0.00
0.00
0.00
0.00
Taxes Refund Paid
-4,954.00
+15.75%
-5,880.00
-12.77%
-5,214.00
+5.17%
-5,498.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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