(SAN) Banco Santander S.A. - Overview

Sector: Financial Services | Industry: Banks - Diversified | Exchange: MC (Spain) | Market Cap: 154.487m EUR | Total Return: 55.4% in 12m

Banking, Loans, Asset Management, Insurance, Payments
Total Rating 46
Safety 50
Buy Signal -0.34
Banks - Diversified
Industry Rotation: +4.2
Market Cap: 179B
Avg Turnover: 209M
Risk 3d forecast
Volatility25.4%
VaR 5th Pctl4.55%
VaR vs Median8.72%
Reward TTM
Sharpe Ratio1.50
Rel. Str. IBD75.9
Rel. Str. Peer Group59.6
Character TTM
Beta0.529
Beta Downside0.273
Hurst Exponent0.473
Drawdowns 3y
Max DD20.79%
CAGR/Max DD2.58
CAGR/Mean DD12.69
EPS (Earnings per Share) EPS (Earnings per Share) of SAN over the last years for every Quarter: "2021-06": 0.11, "2021-09": 0.12, "2021-12": 0.12, "2022-03": 0.14, "2022-06": 0.13, "2022-09": 0.14, "2022-12": 0.13, "2023-03": 0.15, "2023-06": 0.16, "2023-09": 0.17, "2023-12": 0.18, "2024-03": 0.17, "2024-06": 0.2, "2024-09": 0.2, "2024-12": 0.2, "2025-03": 0.21, "2025-06": 0.22, "2025-09": 0.22, "2025-12": 0.24, "2026-03": 0.23,
EPS CAGR: 17.45%
EPS Trend: 99.1%
Last SUE: -2.74
Qual. Beats: -1
Revenue Revenue of SAN over the last years for every Quarter: 2021-06: 15015, 2021-09: 12199, 2021-12: 12353, 2022-03: 12625, 2022-06: 12630, 2022-09: 13291, 2022-12: 13332, 2023-03: 28298, 2023-06: 13918, 2023-09: 11625, 2023-12: 12160, 2024-03: 12564, 2024-06: 15490, 2024-09: 12173, 2024-12: 14151, 2025-03: 12501, 2025-06: 14332, 2025-09: 14177, 2025-12: 29051, 2026-03: 30927,
Rev. CAGR: 3.33%
Rev. Trend: 17.1%
Last SUE: 0.57
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: SAN Banco Santander S.A.

Banco Santander, S.A. is a global financial services group headquartered in Madrid, Spain, operating through five primary segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. Founded in 1856, the institution provides a comprehensive suite of products including deposits, consumer finance, mortgage lending, and investment banking services to individuals and corporate entities.

The company utilizes a diversified business model that balances traditional retail banking with specialized global units such as auto finance and digital payment solutions. As a systemic diversified bank, Santander maintains significant geographic footprints across Europe, North America, and South America, which helps mitigate regional economic volatility through cross-border revenue streams.

You can examine the underlying financial metrics and valuation trends for this stock on ValueRay. This broad operational scope allows the bank to integrate vertical services like insurance and asset management directly into its core banking infrastructure.

Headlines to Watch Out For
  • Interest rate shifts in Brazil and Mexico impact net interest margins
  • European economic stagnation threatens loan growth and increases credit loss provisions
  • Efficiency ratio improvements through digital transformation drive operating leverage gains
  • Regulatory capital requirements and dividend payout ratios influence shareholder total returns
  • Diversified geographic footprint balances emerging market volatility with stable European earnings
Piotroski VR-10 (Strict) 5.0
Net Income: 16.2b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 4.36 > 1.0
NWC/Revenue: -136.3% < 20% (prev -1.44k%; Δ 1.30k% < -1%)
CFO/TA 0.04 > 3% & CFO 83.5b > Net Income 16.2b
Net Debt (298b) to EBITDA (22.2b): 13.43 < 3
Current Ratio: 0.53 > 1.5 & < 3
Outstanding Shares: last quarter (14.7b) vs 12m ago -3.24% < -2%
Gross Margin: 52.25% > 18% (prev 48.16%; Δ 4.09% > 0.5%)
Asset Turnover: 4.78% > 50% (prev 2.94%; Δ 1.84% > 0%)
Interest Coverage Ratio: 0.32 > 6 (EBIT TTM 19.0b / Interest Expense TTM 59.4b)
Altman Z'' -0.10
A: -0.06 (Total Current Assets 137b - Total Current Liabilities 258b) / Total Assets 1857b
B: 0.06 (Retained Earnings 108b / Total Assets 1857b)
C: 0.01 (EBIT TTM 19.0b / Avg Total Assets 1851b)
D: 0.06 (Book Value of Equity 106b / Total Liabilities 1744b)
Altman-Z'' = -0.10 = B
What is the price of SAN shares?

As of June 06, 2026, the stock is trading at EUR 10.67 with a total of 16,596,607 shares traded.
Over the past week, the price has changed by -2.64%, over one month by +2.27%, over three months by +9.82% and over the past year by +55.39%.

Is SAN a buy, sell or hold?

Banco Santander S.A. has no consensus analysts rating.

Banco Santander S.A. (SAN) - Fundamental Data Overview as of 01 June 2026
Market Cap USD = 179b (154b EUR * 1.1608 EUR.USD)
P/E Trailing = 12.1909
P/E Forward = 10.6724
P/S = 3.2999
P/B = 1.4503
P/EG = 2.9661
Revenue TTM = 88.5b EUR
EBIT TTM = 19.0b EUR
EBITDA TTM = 22.2b EUR
Long Term Debt = 329b EUR (from longTermDebt, last quarter)
Short Term Debt = 258b EUR (from shortTermDebt, last fiscal year)
Debt = 436b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.82b
Net Debt = 298b EUR (calculated: Debt 436b - CCE 137b)
Enterprise Value = 453b EUR (154b + Debt 436b - CCE 137b)
Interest Coverage Ratio = 0.32 (Ebit TTM 19.0b / Interest Expense TTM 59.4b)
EV/FCF = 5.83x (Enterprise Value 453b / FCF TTM 77.7b)
FCF Yield = 17.16% (FCF TTM 77.7b / Enterprise Value 453b)
FCF Margin = 87.78% (FCF TTM 77.7b / Revenue TTM 88.5b)
Net Margin = 18.26% (Net Income TTM 16.2b / Revenue TTM 88.5b)
Gross Margin = 52.25% ((Revenue TTM 88.5b - Cost of Revenue TTM 42.2b) / Revenue TTM)
Gross Margin QoQ = 41.20% (prev 38.83%)
Tobins Q-Ratio = 0.24 (Enterprise Value 453b / Total Assets 1857b)
Interest Expense / Debt = 13.63% (Interest Expense 59.4b / Debt 436b)
Taxrate = 25.10% (4.65b / 18.5b)
NOPAT = 14.2b (EBIT 19.0b * (1 - 25.10%))
Current Ratio = 0.53 (Total Current Assets 137b / Total Current Liabilities 258b)
Debt / Equity = 4.11 (Debt 436b / totalStockholderEquity, last quarter 106b)
Debt / EBITDA = 13.43 (Net Debt 298b / EBITDA 22.2b)
Debt / FCF = 3.84 (Net Debt 298b / FCF TTM 77.7b)
Total Stockholder Equity = 103b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.87% (Net Income 16.2b / Total Assets 1857b)
RoE = 15.73% (Net Income TTM 16.2b / Total Stockholder Equity 103b)
RoCE = 4.41% (EBIT 19.0b / Capital Employed (Equity 103b + L.T.Debt 329b))
RoIC = 0.77% (NOPAT 14.2b / Invested Capital 1852b)
WACC = 9.59% (E(154b)/V(590b) * Re(7.84%) + D(436b)/V(590b) * Rd(13.63%) * (1-Tc(0.25)))
Discount Rate = 7.84% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -51.11 | Cagr: -3.46%
[DCF] Terminal Value 71.22% ; FCFF base≈77.7b ; Y1≈78.0b ; Y5≈82.6b
[DCF] Fair Price = 53.01 (EV 1062b - Net Debt 298b = Equity 763b / Shares 14.4b; r=9.59% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 99.10 | EPS CAGR: 17.45% | SUE: -2.74 | # QB: -1
Revenue Correlation: 17.09 | Revenue CAGR: 3.33% | SUE: 0.57 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.24 | Chg30d=-3.45% | Revisions=-20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.26 | Chg30d=-0.81% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=1.02 | Chg30d=-0.31% | Revisions=+50% | GrowthEPS=+13.0% | GrowthRev=+1.3%
EPS next Year (2027-12-31): EPS=1.21 | Chg30d=+1.19% | Revisions=+53% | GrowthEPS=+18.9% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +53%