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13.53 USD
P/E
13.50
EPS
1.01
Yield
1.82%
Safety Score
77
P/B
1.63
ROE
12.89
Beta
0.93
Target Price
12.56 USD
Banco Santander, S.A. logo

Banco Santander, S.A.

🧾 Earnings Recap – Q3 2025

Santander achieved a record quarterly profit of EUR 3.5 billion in Q3 2025, reflecting robust revenue growth and a strategic focus on efficiency amid a challenging environment.

  • Strong revenue growth of 4% in constant euros, driven by net interest income and a record 8% increase in fees.
  • Return on Tangible Equity (RoTE) improved by 70 basis points to 16.1%, on track to reach a post-AT1 target of around 16.5%.
  • Total customer base grew to 178 million, up 7 million year-on-year, enhancing overall customer engagement and experience.
  • Continued focus on digitalization and operational efficiency, with significant reductions in costs and a 17% decrease in non-commercial team activities.
  • Shareholder value creation through an accelerated EUR 10 billion share buyback program planned for 2025-2026, subject to regulatory approvals.
📅
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Key Metrics
Earnings dateJuly 22, 2026
P/E13.50
EPS1.01
Book Value8.34
Price to Book1.63
% Insiders0.003%
Growth
Revenue Growth0.05%
Earnings Growth0.67%
Estimates
Forward P/E11.05
Forward EPS1.23
Target Mean Price12.56
Dividend
Dividend Yield1.82%
Annual dividends0.22 USD
Ex-Div. DateMay 4, 2026
Payout20.68%
5y avg Yield5.29%

DCF Valuation

Tweak assumptions to recompute fair value for Banco Santander, S.A. (SAN)
Currency: USD
DCF Assumptions
Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).
Decimal (e.g., 0.30 = 30%).
Decimal (e.g., 0.04 = 4%).
Decimal (e.g., 0.20 = 20%).
Percent number (e.g., 3 = 3%).
Percent number (e.g., 10 = 10%).
Percent number (e.g., 5 = 5%).
DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Banco Santander, S.A. Logo Banco Santander, S.A. Analysis (SAN)

Spain Financials Official Website Stock

Is Banco Santander, S.A. a good investment? Banco Santander, S.A. (SAN) is currently trading at 13.53 USD. Market analysts have a consensus price target of 12.56 USD. This suggests the asset is currently trading above analyst expectations.

In terms of valuation, the stock trades at a P/E ratio of 13.50. This relatively low multiple may signal that Banco Santander, S.A. is undervalued compared to historical market norms.

Earnings Schedule: Banco Santander, S.A. is expected to release its next earnings report on July 22, 2026. The market consensus estimate for Forward EPS is 1.23.

For income investors, Banco Santander, S.A. pays a dividend yield of 1.82%. With a payout ratio of 21%, the dividend appears sustainable.

Investor FAQ

Does Banco Santander, S.A. pay a dividend?

Yes, it pays an annual dividend of 0.22 USD (1.82% yield).

What asset class is Banco Santander, S.A.?

Banco Santander, S.A. is classified as a Stock. You can compare it against 12 other assets in the "Related Symbols" list on this page.

When is the next earnings date?

The next earnings date is projected to be July 22, 2026. The company currently has a trailing EPS of 1.01.

Company Profile

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.

Exchange Ticker
LSE (United Kingdom) BNC.L
BUE (Argentina) SAN.BA
FRA (Germany) BSD2.F
NYQ (United States) SAN
PNK (United States) BCDRF
MCE (Spain) SAN.MC
MIL (Italy) SANT.MI
MEX (Mexico) SAN.MX
BRU (Belgium) SANTA.BR
FRA (Germany) BSDK.F
VIE (Austria) SAN.VI
GER (Germany) BSD2.DE
Trades
Dividend Yield
1.82%
5y avg 5.29%
Annual Dividends
0.22USD
Next Ex. Div Date
May 4, 2026
Payout Ratio
20.68%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.26 USD
May 10, 2027 (estimated) 0.2647
2026
0.34 USD
Nov. 9, 2026 (estimated) 0.1668
May 8, 2026 0.1716
2025
0.26 USD
Nov. 6, 2025 0.1323
May 7, 2025 0.1240
2024
0.21 USD
Nov. 6, 2024 0.1085
May 7, 2024 0.1015
2023
0.15 USD
Nov. 7, 2023 0.0858
May 5, 2023 0.0651
2022
0.11 USD
Nov. 7, 2022 0.0575
May 5, 2022 0.0541
2021
0.09 USD
Nov. 5, 2021 0.0560
May 11, 2021 0.0290
2020
0.12 USD
Dec. 14, 2020 0.1198
2019
0.27 USD
Nov. 8, 2019 0.1240
May 9, 2019 0.0724
Feb. 8, 2019 0.0742
2018
0.26 USD
Nov. 13, 2018 0.0397
Aug. 8, 2018 0.0754
May 10, 2018 0.0717
Feb. 8, 2018 0.0745
2017
0.34 USD
Nov. 13, 2017 0.0464
Aug. 11, 2017 0.0712
Aug. 2, 2017 0.1078
May 9, 2017 0.0600
Feb. 8, 2017 0.0590
2016
0.22 USD
Nov. 14, 2016 0.0500
Aug. 8, 2016 0.0614
May 10, 2016 0.0575
Feb. 8, 2016 0.0544
2015
0.44 USD
Nov. 16, 2015 0.0536
Aug. 10, 2015 0.0548
May 11, 2015 0.1682
Feb. 9, 2015 0.1653
2014
0.85 USD
Nov. 13, 2014 0.2394
Aug. 11, 2014 0.2037
May 12, 2014 0.2058
Feb. 12, 2014 0.2051
2013
1.33 USD
Nov. 13, 2013 0.2065
Aug. 9, 2013 0.1985
May 10, 2013 0.1960
May 10, 2013 0.5199
Feb. 8, 2013 0.2065
2012
1.01 USD
Nov. 13, 2012 0.1918
Aug. 8, 2012 0.2278
July 10, 2012 0.1470
May 9, 2012 0.2889
Feb. 8, 2012 0.1561
2011
1.56 USD
Nov. 10, 2011 0.3497
Nov. 10, 2011 0.1730
Aug. 8, 2011 0.1926
May 9, 2011 0.3396
Feb. 10, 2011 0.3442
Feb. 10, 2011 0.1590
2010
1.14 USD
Nov. 12, 2010 0.1650
Nov. 12, 2010 0.3317
Aug. 9, 2010 0.1769
May 10, 2010 0.2922
Feb. 8, 2010 0.1713
2009
1.22 USD
Nov. 12, 2009 0.1750
Nov. 12, 2009 0.3537
Aug. 10, 2009 0.1936
May 11, 2009 0.3413
Feb. 9, 2009 0.1568
2008
1.23 USD
Dec. 11, 2008 0.2349
Nov. 10, 2008 0.1710
Aug. 8, 2008 0.2099
May 9, 2008 0.4339
Feb. 8, 2008 0.1820
2007
0.76 USD
Nov. 8, 2007 0.1772
Aug. 8, 2007 0.1677
May 8, 2007 0.2712
Feb. 8, 2007 0.1390
2006
0.56 USD
Nov. 8, 2006 0.1364
Aug. 8, 2006 0.1363
May 9, 2006 0.1730
Feb. 8, 2006 0.1120
2005
0.44 USD
Nov. 8, 2005 0.1110
Aug. 8, 2005 0.1130
May 9, 2005 0.1081
Feb. 8, 2005 0.1079
2004
0.39 USD
Nov. 8, 2004 0.1056
Aug. 9, 2004 0.0998
May 10, 2004 0.0839
Feb. 9, 2004 0.0960
2003
0.32 USD
Nov. 10, 2003 0.0886
Aug. 8, 2003 0.0860
May 9, 2003 0.0680
Feb. 10, 2003 0.0804
2002
0.27 USD
Nov. 8, 2002 0.0746
Aug. 8, 2002 0.0754
May 7, 2002 0.0568
Feb. 7, 2002 0.0646
2001
0.41 USD
Nov. 7, 2001 0.0673
Aug. 8, 2001 0.0656
May 7, 2001 0.0662
May 7, 2001 0.1460
Feb. 7, 2001 0.0610
2000
0.37 USD
Nov. 10, 2000 0.0563
Aug. 10, 2000 0.0610
May 9, 2000 0.0555
Feb. 7, 2000 0.0531
Feb. 7, 2000 0.1460
1999
0.21 USD
Nov. 8, 1999 0.0576
Aug. 12, 1999 0.0584
April 7, 1999 0.0400
Jan. 27, 1999 0.0510
1998
0.34 USD
Oct. 28, 1998 0.0600
Aug. 18, 1998 0.0475
Aug. 7, 1998 0.0466
July 28, 1998 0.0539
June 10, 1998 0.0324
April 1, 1998 0.0549
Jan. 28, 1998 0.0471
1997
0.19 USD
Oct. 28, 1997 0.0493
July 28, 1997 0.0456
April 25, 1997 0.0572
Jan. 28, 1997 0.0423
1996
0.17 USD
Oct. 28, 1996 0.0446
July 26, 1996 0.0452
April 25, 1996 0.0350
Jan. 26, 1996 0.0409
1995
0.17 USD
Oct. 30, 1995 0.0417
July 27, 1995 0.0427
April 24, 1995 0.0503
Jan. 25, 1995 0.0333
1994
0.52 USD
Oct. 25, 1994 0.0328
July 25, 1994 0.0377
June 8, 1994 0.3525
April 25, 1994 0.0606
Jan. 26, 1994 0.0357
1993
0.16 USD
Oct. 25, 1993 0.0385
July 26, 1993 0.0375
April 26, 1993 0.0832
1992
0.14 USD
Oct. 26, 1992 0.1063
April 24, 1992 0.0345
1991
0.13 USD
Oct. 25, 1991 0.0755
April 24, 1991 0.0574
1990
0.14 USD
Oct. 25, 1990 0.0750
April 24, 1990 0.0655
1989
0.10 USD
Oct. 25, 1989 0.0520
April 24, 1989 0.0444
1988
0.06 USD
Oct. 24, 1988 0.0194
April 25, 1988 0.0378
1987
4.55 USD
Oct. 26, 1987 4.5533
Upcoming Dividends
Name Payment Date Status Amount
Banco Santander, S.A. May 08, 2026 0.17161 USD
Banco Santander, S.A. Nov 06, 2025 0.13227 USD
Stock Splits
Split Date Split Ratio to 1
June 23, 1997 3.000000
July 6, 1998 2.000000
Aug. 18, 1998 1.020000
June 21, 1999 2.000000
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