SAN Stock Analysis: Banco Santander | NYSE
Banks - Diversified | NYSE, USA | Market Cap: 192.282m USD | 12M Return: 35.3% | US05964H1059 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 105M
EPS Trend: 99.5%
Qual. Beats: -2
Rev. Trend: 33.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banco Santander, S.A. is a global universal bank headquartered in Madrid, Spain, offering a broad range of financial products and services to retail, SME, corporate, and public-sector clients across multiple geographies. Operations are organized into five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. The groups activities span deposits, lending, cards, capital markets, M&A advisory, wealth and asset management, insurance, and digital payments, alongside ancillary services such as leasing, factoring, securities brokerage, and venture capital. Originally incorporated in 1856, the bank was previously known as Banco Santander Central Hispano SA before adopting its current name in February 2007, and trades on the NYSE under the ticker SAN.
As a diversified bank under the GICS Financials classification, Santander operates a universal banking model combining retail and commercial banking with investment banking and wealth services, a structure typical of large European banks that spreads revenue across interest income, fees, and trading. Its multi-country footprint differentiates it from purely domestic peers, with retail networks in Europe, the Americas (notably Brazil and Mexico), and consumer finance operations supporting its Digital Consumer Bank segment.
- Brazil and Mexico loan growth drives emerging markets revenue
- Net interest margin expansion as ECB rate cuts slow
- Wealth Management and Insurance fees scale on AUM growth
| Net Income: 15.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -2.90 > 1.0 |
| NWC/Revenue: -1.28k% < 20% (prev -946.8%; Δ -335.4% < -1%) |
| CFO/TA -0.01 > 3% & CFO -14.8b > Net Income 15.8b |
| Net Debt (315b) to EBITDA (22.0b): 14.30 < 3 |
| Current Ratio: 0.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (14.7b) vs 12m ago -1.29% < -2% |
| Gross Margin: 52.25% > 18% (prev 63.26%; Δ -11.02% > 0.5%) |
| Asset Turnover: 4.79% > 50% (prev 4.22%; Δ 0.57% > 0%) |
| Interest Coverage Ratio: 0.32 > 6 (EBIT TTM 18.8b / Interest Expense TTM 59.4b) |
| A: -0.59 (Total Current Assets 138b - Total Current Liabilities 1295b) / Total Assets 1954b |
| B: 0.06 (Retained Earnings 111b / Total Assets 1954b) |
| C: 0.01 (EBIT TTM 18.8b / Avg Total Assets 1885b) |
| D: 0.06 (Book Value of Equity 109b / Total Liabilities 1838b) |
| Altman-Z'' = -3.57 = D |
As of October 24, 2026, the stock is trading at USD 12.84 with a total of 6,689,216 shares traded. Over the past week, the price has changed by -3.46%, over one month by -9.58%, over three months by -2.80% and over the past year by +35.27%.
Current recommended Stop Loss: 12.30 (which is 4.2% or 1.7 ATR below the current price).
Banco Santander has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold SAN.
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 14.8 | 15.2% |
Market Cap EUR = 171b (192b USD * 0.89114999771118 USD.EUR)
P/E Trailing = 12.9126
P/E Forward = 10.2669
P/S = 3.9619
P/B = 1.6749
P/EG = 0.9416
Revenue TTM = 90.2b EUR
EBIT TTM = 18.8b EUR
EBITDA TTM = 22.0b EUR
Long Term Debt = 348b EUR (from longTermDebt, last quarter)
Short Term Debt = 212b EUR (from shortTermDebt, last fiscal year)
Debt = 452b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.82b
Net Debt = 315b EUR (calculated: Debt 452b - CCE 138b)
Enterprise Value = 486b EUR (171b + Debt 452b - CCE 138b)
Interest Coverage Ratio = 0.32 (Ebit TTM 18.8b / Interest Expense TTM 59.4b)
EV/FCF = -21.60x (Enterprise Value 486b / FCF TTM -22.5b)
FCF Yield = -4.63% (FCF TTM -22.5b / Enterprise Value 486b)
FCF Margin = -24.93% (FCF TTM -22.5b / Revenue TTM 90.2b)
Net Margin = 17.49% (Net Income TTM 15.8b / Revenue TTM 90.2b)
Gross Margin = 52.25% ((Revenue TTM 90.2b - Cost of Revenue TTM 43.1b) / Revenue TTM)
Gross Margin QoQ = 40.06% (prev 41.30%)
Tobins Q-Ratio = 0.25 (Enterprise Value 486b / Total Assets 1954b)
Interest Expense / Debt = 13.12% (Interest Expense 59.4b / Debt 452b)
Taxrate = 24.73% (4.64b / 18.8b)
NOPAT = 14.1b (EBIT 18.8b * (1 - 24.73%))
Current Ratio = 0.11 (Total Current Assets 138b / Total Current Liabilities 1295b)
Debt / Equity = 4.14 (Debt 452b / totalStockholderEquity, last quarter 109b)
Debt / EBITDA = 14.30 (Net Debt 315b / EBITDA 22.0b)
Debt / FCF = -13.98 (negative FCF - burning cash) (Net Debt 315b / FCF TTM -22.5b)
Total Stockholder Equity = 101b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.84% (Net Income 15.8b / Total Assets 1954b)
RoE = 15.60% (Net Income TTM 15.8b / Total Stockholder Equity 101b)
RoCE = 4.18% (EBIT 18.8b / Capital Employed (Equity 101b + L.T.Debt 348b))
RoIC = 1.63% (NOPAT 14.1b / Invested Capital 866b)
WACC = 9.51% (E(171b)/V(624b) * Re(8.53%) + D(452b)/V(624b) * Rd(13.12%) * (1-Tc(0.25)))
Discount Rate = 8.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.49 | Cagr: -5.77%
[DCF] Fair Price = unknown (Cash Flow -22.5b)
EPS Correlation: 99.50 | EPS CAGR: 20.60% | SUE: -1.16 | # QB: -2
Revenue Correlation: 33.35 | Revenue CAGR: 2.62% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.31 | Chg30d=+0.00% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.28 | Chg30d=+12.04% | Revisions=+0% | GrowthEPS=+20.4% | GrowthRev=+2.3%
EPS next Year (2027-12-31): EPS=1.43 | Chg30d=+0.12% | Revisions=+25% | GrowthEPS=+11.8% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +0% (up=1, down=1)