Banco Santander, S.A. - SAN Open Banco Santander, S.A. in new tab

10.35 USD

P/E

10.36

EPS

0.98

Yield

2.06%

P/B

1.49

ROE

13.72

Beta

1.29

Target Price

9.63 USD

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.

10.3500 USD

10.350 USD

Daily: +0.00%

1M 6M YTD 1Y 2Y 5Y Max

Key Metrics

Earnings date: Feb. 4, 2026

P/E: 10.36

EPS: 0.98

Book Value: 6.82

Price to Book: 1.49

% Insiders: 0.003%

Growth

Revenue Growth: 0.05%

Earnings Growth: 0.06%

Estimates

Forward P/E: 12.85

Forward EPS: 0.79

Target Mean Price: 9.63

Dividend

Dividend Yield: 2.06%

Annual dividends: 0.18 USD

Ex-Div. Date: Oct. 31, 2025

Payout: 11.48%

5y avg Yield: 5.29%

DCF Valuation

Tweak assumptions to recompute fair value for Banco Santander, S.A. (SAN)

Currency: USD

DCF Assumptions

Revenue growth (YoY) 0.10 Decimal (e.g., 0.10 = 10%). Range allows declines (−50%) to strong growth (+50%).

EBITDA margin 0.30 Decimal (e.g., 0.30 = 30%).

Capex (% Revenue) 0.04 Decimal (e.g., 0.04 = 4%).

Tax rate 0.20 Decimal (e.g., 0.20 = 20%).

Terminal growth (g, %) 3% Percent number (e.g., 3 = 3%).

Cost of Equity (%) 10% Percent number (e.g., 10 = 10%).

Cost of Debt (%) 5% 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.

About Banco Santander, S.A. - (SAN)

Country: Spain

Sector: Financials

Website: http://www.santander.com

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; private 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, payment and collection, 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, rental, 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. Banco Santander, S.A. was incorporated in 1856 and is headquartered in Madrid, Spain.

Exchange Ticker

GER (Germany) BSD2.DE

BRU (Belgium) SANTA.BR

VIE (Austria) SAN.VI

FRA (Germany) BSD2.F

BUE (Argentina) SAN.BA

FRA (Germany) BSDK.F

MIL (Italy) SANT.MI

MEX (Mexico) SAN.MX

PNK (United States) BCDRF

NYQ (United States) SAN

MCE (Spain) SAN.MC

LSE (United Kingdom) BNC.L

Dividend Yield

2.06% (5y avg: 5.29%)

Annual Dividends

0.18 USD

Next ex. div date

Oct. 31, 2025

Payout Ratio

11.48%

Historical Dividends

Year	Total Dividends
2026	0.19 USD
May 9, 2026 (estimated)	0.1904
2025	0.22 USD
Nov. 6, 2025	0.0956
May 7, 2025	0.1241
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	0.0561
May 11, 2021	0.0290
2020	0.12 USD
Dec. 14, 2020	0.1198
2019	0.26 USD
Nov. 8, 2019	0.1113
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	0.0593
2016	0.22 USD
Nov. 14, 2016	0.0498
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	0.80 USD
Nov. 13, 2014	0.1874
Aug. 11, 2014	0.2037
May 12, 2014	0.2058
Feb. 12, 2014	0.2051
2013	1.01 USD
Nov. 13, 2013	0.2065
Aug. 9, 2013	0.1985
May 10, 2013	0.3973
Feb. 8, 2013	0.2065
2012	0.82 USD
Nov. 13, 2012	0.1918
Aug. 8, 2012	0.1862
May 9, 2012	0.2889
Feb. 8, 2012	0.1561
2011	1.23 USD
Nov. 10, 2011	0.3497
Aug. 8, 2011	0.1926
May 9, 2011	0.3396
Feb. 10, 2011	0.3442
2010	0.97 USD
Nov. 12, 2010	0.3317
Aug. 9, 2010	0.1769
May 10, 2010	0.2922
Feb. 8, 2010	0.1713
2009	1.05 USD
Nov. 12, 2009	0.3537
Aug. 10, 2009	0.1936
May 11, 2009	0.3413
Feb. 9, 2009	0.1568
2008	1.18 USD
Dec. 11, 2008	0.1840
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	0.1114
Aug. 8, 2005	0.1128
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	0.0863
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	0.26 USD
Nov. 7, 2001	0.0673
Aug. 8, 2001	0.0656
May 7, 2001	0.0662
Feb. 7, 2001	0.0611
2000	0.23 USD
Nov. 10, 2000	0.0563
Aug. 10, 2000	0.0609
May 9, 2000	0.0555
Feb. 7, 2000	0.0531
1999	0.22 USD
Nov. 8, 1999	0.0576
Aug. 12, 1999	0.0584
April 7, 1999	0.0432
Jan. 27, 1999	0.0583
1998	0.38 USD
Oct. 28, 1998	0.0713
Aug. 18, 1998	0.0521
Aug. 7, 1998	0.0517
July 28, 1998	0.0598
June 10, 1998	0.0354
April 1, 1998	0.0591
Jan. 28, 1998	0.0511
1997	0.22 USD
Oct. 28, 1997	0.0562
July 28, 1997	0.0487
April 25, 1997	0.0648
Jan. 28, 1997	0.0499
1996	0.21 USD
Oct. 28, 1996	0.0578
July 26, 1996	0.0592
April 25, 1996	0.0445
Jan. 26, 1996	0.0529
1995	0.23 USD
Oct. 30, 1995	0.0562
July 27, 1995	0.0589
April 24, 1995	0.0685
Jan. 25, 1995	0.0423
1994	0.61 USD
Oct. 25, 1994	0.0426
July 25, 1994	0.0463
June 8, 1994	0.4127
April 25, 1994	0.0714
Jan. 26, 1994	0.0403
1993	0.19 USD
Oct. 25, 1993	0.0437
July 26, 1993	0.0421
April 26, 1993	0.1026
1992	0.18 USD
Oct. 26, 1992	0.1348
April 24, 1992	0.0406
1991	0.15 USD
Oct. 25, 1991	0.0866
April 24, 1991	0.0641
1990	0.17 USD
Oct. 25, 1990	0.0968
April 24, 1990	0.0762
1989	0.10 USD
Oct. 25, 1989	0.0554
April 24, 1989	0.0463
1988	0.07 USD
Oct. 24, 1988	0.0213
April 25, 1988	0.0442
1987	4.55 USD
Oct. 26, 1987	4.5533

Yearly aggregated dividends

Dividends

Banco Santander, S.A.
Nov 06, 2025 Paid

Dividend
0.095629 USD

Banco Santander, S.A.
May 07, 2025 Paid

Dividend
0.12408 USD

Historical Split Corporate Actions

No corporate actions available.

Trades

My Trades

Explore Premium Features

Unlock detailed news and exclusive insights with our Premium subscription.

See Pricing Plans

Community Discussion

Twitter YouTube Reddit Roadmap Support Pricing Help

Support email: support@allinvestview.com

Logos provided by Clearbit.

Data disclaimer: AIV (AllInvestView) assumes no liability for the information presented. Users are encouraged to exercise caution and carefully consider the accuracy, completeness, and relevance of the information provided.

It's important to remember that our website should complement your independent market research rather than replace it. The past performance of assets should not be regarded as a guarantee of future results. AllInvestView is not a registered investment advisor or broker/dealer, and the information presented here is for educational and informational purposes only. We value your trust and are committed to providing you with valuable market insights while emphasizing the importance of responsible decision-making in your investment journey.

Banco Santander, S.A. - SAN Open Banco Santander, S.A. in new tab

10.3500 USD

10.350 USD

Key Metrics

Growth

Estimates

Dividend

DCF Valuation

DCF Assumptions

DCF Result

Explore Premium Features

About Banco Santander, S.A. - (SAN)

Dividend Yield

Annual Dividends

Next ex. div date

Payout Ratio

Historical Dividends

Dividends

Historical Split Corporate Actions

Explore Premium Features

Under Construction

Community Discussion

Notifications