Overview Dividends

(SAN) Banco Santander - Ratings and Ratios

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

Deposits, Loans, Mortgages, Cards, Investment

SAN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 24.22%
EPS Trend (3Y Correlation): 95.6%

SAN Revenue

Revenue Growth (3Y CAGR): -7.75%
Revenue Trend (3Y Correlation): 25.9%

Description: SAN Banco Santander

Banco Santander S.A. (NYSE: SAN) is a global diversified bank headquartered in Madrid, Spain, offering a broad suite of financial products to individuals, SMEs, large corporates, and public entities. Its operations are organized into five primary segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments.

The bank’s core offerings include demand and time deposits, mutual funds, mortgages, consumer and auto loans, project finance, debt capital markets, transaction banking, and corporate finance advisory. It also issues credit and debit cards, provides micro-finance, private banking, M&A advice, wealth- and asset-management, and a range of digital payment and technology solutions.

Beyond traditional banking, Santander is active in ancillary businesses such as securitisation, leasing, e-commerce, renewable-energy financing, venture-capital funds, and various real-estate and automotive services, all supported by its mobile and online platforms.

Founded in 1856 and renamed from Banco Santander Central Hispano in 2007, the group now serves over 140 million customers worldwide, with a 2023 net profit of €9.5 billion, a Return on Tangible Equity (ROTE) of 12.5 %, and a CET1 capital ratio of 13.8 %-metrics that reflect its resilience amid a low-interest-rate environment and tightening European banking regulations.

Key economic drivers for Santander include Eurozone monetary policy (which directly impacts net interest income), Spain’s modest GDP growth (≈2 % YoY in 2023), and accelerating digital-banking adoption that has pushed its digital-only customer base above 50 million.

For a deeper, data-rich dive into how these factors translate into valuation outlooks, you may find the ValueRay platform’s analytical tools worth exploring.

SAN Stock Overview

Market Cap in USD	148,921m
Sub-Industry	Diversified Banks
IPO / Inception	1987-07-29

SAN Stock Ratings

Growth Rating	95.7%
Fundamental	70.4%
Dividend Rating	71.9%
Return 12m vs S&P 500	75.3%
Analyst Rating	2.50 of 5

SAN Dividends

Dividend Yield 12m	2.42%
Yield on Cost 5y	15.13%
Annual Growth 5y	16.93%
Payout Consistency	85.8%
Payout Ratio	25.7%

SAN Growth Ratios

Growth Correlation 3m	83.8%
Growth Correlation 12m	96.7%
Growth Correlation 5y	83.4%
CAGR 5y	62.19%
CAGR/Max DD 3y (Calmar Ratio)	3.13
CAGR/Mean DD 3y (Pain Ratio)	12.53
Sharpe Ratio 12m	2.92
Alpha	83.00
Beta	1.285
Volatility	29.43%
Current Volume	2957.7k
Average Volume 20d	2980.6k
Stop Loss	9.4 (-3.8%)
Signal	0.03

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (13.35b TTM) > 0 and > 6% of Revenue (6% = 4.11b TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA 2.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1059 % (prev 233.1%; Δ -1292 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.02 (>3.0%) and CFO 38.62b > Net Income 13.35b (YES >=105%, WARN >=100%)

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

Current Ratio 0.33 (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 37.48% (prev 86.75%; Δ -49.28pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 3.81% (prev 4.30%; Δ -0.49pp) >=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'' -2.33

(A) -0.40 = (Total Current Assets 361.13b - Total Current Liabilities 1087.00b) / Total Assets 1815.89b

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

(D) 0.04 = Book Value of Equity 62.10b / Total Liabilities 1706.90b

Total Rating: -2.33 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 70.37

1. Piotroski 4.0pt = -1.0

2. FCF Yield 12.01% = 5.0

3. FCF Margin 46.20% = 7.50

4. Debt/Equity 3.10 = -0.93

5. Debt/Ebitda -6.49 = 2.50

6. ROIC - WACC (= -0.44)% = -0.55

7. RoE 13.45% = 1.12

8. Rev. Trend 25.92% = 1.94

9. EPS Trend 95.62% = 4.78

What is the price of SAN shares?

As of October 20, 2025, the stock is trading at USD 9.77 with a total of 2,957,700 shares traded.
Over the past week, the price has changed by -2.69%, over one month by -4.59%, over three months by +15.08% and over the past year by +101.94%.

Is Banco Santander a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Banco Santander (NYSE:SAN) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 70.37 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SAN is around 13.95 USD . This means that SAN is currently undervalued and has a potential upside of +42.78% (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	9.3	-4.8%
Analysts Target Price	9.3	-4.8%
ValueRay Target Price	15	53.8%

Last update: 2025-10-11 05:03

SAN Fundamental Data Overview

Market Cap EUR = 127.18b (148.92b USD * 0.854 USD.EUR)
P/E Trailing = 10.4632
P/E Forward = 9.6154
P/S = 2.969
P/B = 1.277
P/EG = 2.6722
Beta = 1.285
Revenue TTM = 68.54b 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 = 311.96b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -175.56b EUR (from netDebt column, last quarter)
Enterprise Value = 263.59b EUR (127.18b + Debt 311.96b - CCE 175.56b)
Interest Coverage Ratio = 0.95 (Ebit TTM 23.78b / Interest Expense TTM 25.13b)
FCF Yield = 12.01% (FCF TTM 31.66b / Enterprise Value 263.59b)
FCF Margin = 46.20% (FCF TTM 31.66b / Revenue TTM 68.54b)
Net Margin = 19.47% (Net Income TTM 13.35b / Revenue TTM 68.54b)
Gross Margin = 37.48% ((Revenue TTM 68.54b - Cost of Revenue TTM 42.85b) / Revenue TTM)
Gross Margin QoQ = -70.45% (prev 40.94%)
Tobins Q-Ratio = 0.15 (Enterprise Value 263.59b / Total Assets 1815.89b)
Interest Expense / Debt = 3.08% (Interest Expense 9.60b / Debt 311.96b)
Taxrate = 23.51% (921.0m / 3.92b)
NOPAT = 18.19b (EBIT 23.78b * (1 - 23.51%))
Current Ratio = 0.33 (Total Current Assets 361.13b / Total Current Liabilities 1087.00b)
Debt / Equity = 3.10 (Debt 311.96b / totalStockholderEquity, last quarter 100.50b)
Debt / EBITDA = -6.49 (Net Debt -175.56b / EBITDA 27.04b)
Debt / FCF = -5.54 (Net Debt -175.56b / FCF TTM 31.66b)
Total Stockholder Equity = 99.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.74% (Net Income 13.35b / Total Assets 1815.89b)
RoE = 13.45% (Net Income TTM 13.35b / Total Stockholder Equity 99.27b)
RoCE = 5.78% (EBIT 23.78b / Capital Employed (Equity 99.27b + L.T.Debt 311.96b))
RoIC = 4.34% (NOPAT 18.19b / Invested Capital 418.68b)
WACC = 4.79% (E(127.18b)/V(439.14b) * Re(10.75%) + D(311.96b)/V(439.14b) * Rd(3.08%) * (1-Tc(0.24)))
Discount Rate = 10.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -7.11%
[DCF Debug] Terminal Value 59.32% ; FCFE base≈31.66b ; Y1≈20.79b ; Y5≈9.51b
Fair Price DCF = 8.63 (DCF Value 127.84b / Shares Outstanding 14.81b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 95.62 | EPS CAGR: 24.22% | SUE: 0.0 | # QB: 0
Revenue Correlation: 25.92 | Revenue CAGR: -7.75% | SUE: -0.25 | # QB: 0

Additional Sources for SAN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle