Overview Dividends

(SAN) Banco Santander - Ratings and Ratios

Exchange: NYSE • Country: Spain • Currency: USD • Type: Common Stock • ISIN: US05964H1059

Loans, Deposits, Mortgages, Credit Cards, Investment Services

SAN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 19.59%
EPS Trend (3Y Correlation): 86.1%

SAN Revenue

Revenue Growth (3Y CAGR): 35.94%
Revenue Trend (3Y Correlation): 65.1%

Description: SAN Banco Santander

Banco Santander SA ADR (NYSE:SAN) is a diversified banking institution with a global presence, offering a wide range of financial products and services across five business segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments.

The companys diverse product portfolio includes deposit accounts, mortgages, consumer finance, corporate finance services, credit and debit cards, and wealth management services, as well as digital payments and technology solutions. Additionally, Santander is involved in various other activities such as securitization, leasing, and renewable energy.

From a financial perspective, key performance indicators (KPIs) such as Return on Equity (RoE) of 13.38% and a forward Price-to-Earnings (P/E) ratio of 8.99 suggest that the company is generating decent returns for its shareholders while trading at a reasonable valuation multiple. With a market capitalization of $129.19 billion, Banco Santander is one of the larger players in the global banking industry.

Further analysis of the companys financial health and growth prospects could involve examining metrics such as its net interest margin, loan-to-deposit ratio, and capital adequacy ratio. Additionally, assessing the competitive landscape and regulatory environment in which Banco Santander operates could provide valuable insights into its future prospects.

SAN Stock Overview

Market Cap in USD	142,121m
Sub-Industry	Diversified Banks
IPO / Inception	1987-07-29

SAN Stock Ratings

Growth Rating	92.8%
Fundamental	60.8%
Dividend Rating	73.9%
Return 12m vs S&P 500	71.9%
Analyst Rating	2.50 of 5

SAN Dividends

Dividend Yield 12m	3.04%
Yield on Cost 5y	13.04%
Annual Growth 5y	13.33%
Payout Consistency	88.5%
Payout Ratio	25.7%

SAN Growth Ratios

Growth Correlation 3m	93.7%
Growth Correlation 12m	90.9%
Growth Correlation 5y	83.3%
CAGR 5y	39.97%
CAGR/Max DD 5y	0.91
Sharpe Ratio 12m	2.94
Alpha	86.75
Beta	0.950
Volatility	32.15%
Current Volume	6192k
Average Volume 20d	3967.9k
Stop Loss	9.3 (-3.8%)
Signal	3.48

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (13.25b TTM) > 0 and > 6% of Revenue (6% = 5.49b TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA 0.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 191.0% (prev 226.5%; Δ -35.44pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 17.90b > Net Income 13.25b (YES >=105%, WARN >=100%)

Net Debt (-175.56b) to EBITDA (27.04b) ratio: -6.49 <= 3.0 (WARN <= 3.5)

Current Ratio 15.93 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (14.89b) change vs 12m ago -7.17% (target <= -2.0% for YES)

Gross Margin 53.20% (prev 87.13%; Δ -33.93pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 5.08% (prev 4.42%; Δ 0.66pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.95 (EBITDA TTM 27.04b / Interest Expense TTM 25.13b) >= 6 (WARN >= 3)

Altman Z'' 0.92

(A) 0.10 = (Total Current Assets 186.67b - Total Current Liabilities 11.72b) / Total Assets 1815.89b

(B) 0.05 = Retained Earnings (Balance) 91.95b / Total Assets 1815.89b

(D) 0.04 = Book Value of Equity 61.83b / Total Liabilities 1706.90b

Total Rating: 0.92 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.82

1. Piotroski 3.0pt = -2.0

2. FCF Yield 2.69% = 1.35

3. FCF Margin 13.30% = 3.32

4. Debt/Equity 3.66 = -1.67

5. Debt/Ebitda 18.69 = -2.50

6. ROIC - WACC 1.15% = 1.43

7. RoE 12.20% = 1.02

8. Rev. Trend 65.07% = 3.25

9. Rev. CAGR 35.94% = 2.50

10. EPS Trend 86.15% = 2.15

11. EPS CAGR 19.59% = 1.96

What is the price of SAN shares?

As of August 29, 2025, the stock is trading at USD 9.67 with a total of 6,192,000 shares traded.
Over the past week, the price has changed by +1.04%, over one month by +10.51%, over three months by +22.10% and over the past year by +102.28%.

Is Banco Santander a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Banco Santander is currently (August 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 60.82 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SAN is around 12.19 USD . This means that SAN is currently undervalued and has a potential upside of +26.06% (Margin of Safety).

Is SAN a buy, sell or hold?

Banco Santander has received a consensus analysts rating of 2.50. Therefor, it is recommend to sell SAN.

Strong Buy: 0
Buy: 0
Hold: 1
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the SAN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	7.5	-23%
Analysts Target Price	7.5	-23%
ValueRay Target Price	12.9	33.6%

Last update: 2025-08-28 04:50

SAN Fundamental Data Overview

Market Cap EUR = 122.00b (142.12b USD * 0.8584 USD.EUR)
CCE Cash And Equivalents = 175.56b EUR (Cash And Short Term Investments, last quarter)
P/E Trailing = 9.9688
P/E Forward = 9.5057
P/S = 2.8335
P/B = 1.2078
P/EG = 3.2773
Beta = 1.297
Revenue TTM = 91.57b EUR
EBIT TTM = 23.78b EUR
EBITDA TTM = 27.04b EUR
Long Term Debt = 311.96b EUR (from longTermDebt, last quarter)
Short Term Debt = 193.47b EUR (from shortTermDebt, last fiscal year)
Debt = 505.44b EUR (Calculated: Short Term 193.47b + Long Term 311.96b)
Net Debt = -175.56b EUR (from netDebt column, last quarter)
Enterprise Value = 451.88b EUR (122.00b + Debt 505.44b - CCE 175.56b)
Interest Coverage Ratio = 0.95 (Ebit TTM 23.78b / Interest Expense TTM 25.13b)
FCF Yield = 2.69% (FCF TTM 12.18b / Enterprise Value 451.88b)
FCF Margin = 13.30% (FCF TTM 12.18b / Revenue TTM 91.57b)
Net Margin = 14.47% (Net Income TTM 13.25b / Revenue TTM 91.57b)
Gross Margin = 53.20% ((Revenue TTM 91.57b - Cost of Revenue TTM 42.85b) / Revenue TTM)
Tobins Q-Ratio = 7.31 (Enterprise Value 451.88b / Book Value Of Equity 61.83b)
Interest Expense / Debt = 1.90% (Interest Expense 9.60b / Debt 505.44b)
Taxrate = 27.77% (from yearly Income Tax Expense: 5.28b / 19.03b)
NOPAT = 17.18b (EBIT 23.78b * (1 - 27.77%))
Current Ratio = 15.93 (Total Current Assets 186.67b / Total Current Liabilities 11.72b)
Debt / Equity = 3.66 (Debt 505.44b / last Quarter total Stockholder Equity 138.07b)
Debt / EBITDA = 18.69 (Net Debt -175.56b / EBITDA 27.04b)
Debt / FCF = 41.51 (Debt 505.44b / FCF TTM 12.18b)
Total Stockholder Equity = 108.66b (last 4 quarters mean)
RoA = 0.73% (Net Income 13.25b, Total Assets 1815.89b )
RoE = 12.20% (Net Income TTM 13.25b / Total Stockholder Equity 108.66b)
RoCE = 5.65% (Ebit 23.78b / (Equity 108.66b + L.T.Debt 311.96b))
RoIC = 4.10% (NOPAT 17.18b / Invested Capital 418.68b)
WACC = 2.96% (E(122.00b)/V(627.43b) * Re(9.52%)) + (D(505.44b)/V(627.43b) * Rd(1.90%) * (1-Tc(0.28)))
Shares Correlation 5-Years: -90.0 | Cagr: -5.82%
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 64.08% ; FCFE base≈8.57b ; Y1≈5.63b ; Y5≈2.57b
Fair Price DCF = 2.71 (DCF Value 40.25b / Shares Outstanding 14.85b; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 65.07 | Revenue CAGR: 35.94%
Rev Growth-of-Growth: -0.83
EPS Correlation: 86.15 | EPS CAGR: 19.59%
EPS Growth-of-Growth: -12.87

Additional Sources for SAN Stock

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Fund Manager Positions: Dataroma | Stockcircle