Banco Santander, S.A., together with its subsidiaries, provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products. The company also provides cash, asset, and wealth management; and private banking services. In addition, it is involved in the corporate banking; treasury, risk hedging, foreign trade, confirming, custody, and investment banking activities. The company operates through a network of 11,236 branches. The company was formerly known as Banco Santander Central Hispano S.A. and changed its name to Banco Santander, S.A. in June 2007. Banco Santander, S.A. was founded in 1856 and is headquartered in Madrid, Spain.
IPO Year:
Exchange: NYSE
Website: santander.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/26/2024 | Equal-Weight → Overweight | Morgan Stanley | |
| 3/25/2024 | Equal Weight → Overweight | Barclays | |
| 7/18/2023 | Equal Weight | Barclays | |
| 5/1/2023 | Buy → Hold | HSBC Securities | |
| 3/22/2023 | Neutral → Outperform | Exane BNP Paribas | |
| 9/27/2022 | Neutral → Buy | Citigroup | |
| 4/1/2022 | Neutral → Outperform | Credit Suisse | |
| 3/31/2022 | Buy | Goldman | |
| 3/21/2022 | Hold → Buy | Jefferies | |
| 1/19/2022 | Neutral | Citigroup |
Morgan Stanley upgraded Banco Santander from Equal-Weight to Overweight
Barclays upgraded Banco Santander from Equal Weight to Overweight
Barclays initiated coverage of Banco Santander with a rating of Equal Weight
HSBC Securities downgraded Banco Santander from Buy to Hold
Exane BNP Paribas upgraded Banco Santander from Neutral to Outperform
Citigroup upgraded Banco Santander from Neutral to Buy
Credit Suisse upgraded Banco Santander from Neutral to Outperform
Goldman initiated coverage of Banco Santander with a rating of Buy
Jefferies upgraded Banco Santander from Hold to Buy
Citigroup resumed coverage of Banco Santander with a rating of Neutral
Location is the third Openbank-branded physical location in the world and demonstrates Santander's expanding presence in Miami market. This opening reflects Santander's aspiration of transforming into a leading national, digital bank with branches. The Openbank digital platform continues to grow rapidly in the U.S., topping $4 billion in deposits and more than 100,000 customers since its U.S. introduction in late 2024. Santander Bank, N.A. ("Santander Bank" or "the Bank") today announced the unveiling of its first Openbank location in the United States, located at 150 NE 8th Street in the new Miami Worldcenter. Ready to greet customers today, the new location will offer all of the
After its first six months of operations, the bank is accelerating its growth in the U.S. market. Key milestone for the Openbank digital platform positions Santander Bank to execute its 2025 strategy. Santander Bank N.A. ("Santander Bank" or "the Bank") today announced that the recently launched Openbank by Santander digital platform in the United States has surpassed 100,000 customers within its first six months of operation, exceeding expectations. This achievement is a significant milestone in advancing the Santander US business strategy to generate lower-cost, national deposits to position its Retail Bank for further success and fuel its leading Auto lending franchise in 2025. "Re
Pent-up auto demand ticks higher amid vehicle price uncertainty and more frequent commuting. 77% believe they are on the right track to financial prosperity, a new survey high. Concerns about inflation have leveled off but remain elevated. As home prices soar, renters see their housing situation as a more affordable alternative. Santander Holdings USA, Inc. ("Santander US") today announced new survey findings that show a rise in pent-up auto demand as middle-income Americans return to the workplace, with more than four in 10 (42%) having increased the number of days they drive to work over the last year. While 52% delayed buying a vehicle in the last 12 months due to cost, 47% are
New Verizon + Openbank Savings account offers qualified Verizon customers up to $180 per year off their bill and maximizes savings with a top-tier interest rate 10 times the national average Partnership brings together industry leaders in mobility and banking to provide a secure, seamless digital banking experience to Verizon customers with no fees, low minimum deposits and 24/7 access to funds. Relationship significantly expands Santander's national scale and reach as part of its strategy to become a leading digital bank with branches and enhances Verizon's financial service portfolio with added benefits for customers. Verizon and Santander Bank, N.A., part of the global banking lead
Nearly eight in 10 say saving is a high priority, but seven in 10 are not using accounts that offer higher interest rates. Saving a portion of a tax refund in a high-yield savings account, as part of a savings plan, could generate thousands of dollars over time. Seven in 10 Americans are optimistic they will save more this year, with younger generations being the most confident. More than three-quarters of current high-yield savings accountholders wish they had opened their accounts sooner. Santander Bank, N.A. ("Santander Bank") today announced the results of a new survey that found while nearly eight in 10 consumers (78%) say saving is a high priority, seven in 10 (69%) do no
Santander Bank, N.A. ("Santander Bank" or "the Bank") today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank. The business also launched a 2025 branding campaign, You're Smart Like That, across out-of-home, digital and social channels. "Our powerful combination of having a leading auto lending franchise and a rapidly growing national bank is a competitive advanta
Expectations of a U.S. recession plummet 17 percentage points year over year and 12 percentage points since last quarter. Q4 survey found that 76% of households are optimistic their financial situation will be better this year. Cost of homeownership seen as a burden, as middle-income households embrace alternatives. Pent-up auto demand remains, as 1 in 3 middle-income consumers plan vehicle purchases in 2025. Santander Holdings USA, Inc. ("Santander US") today announced new survey findings that show middle-income consumers are feeling optimistic about the economy and their own financial prospects in 2025. Expectations of a recession in the year ahead dropped 17 percentage point
Santander Bank, N.A. announced today it has lowered its prime rate from 7.75% to 7.50% effective December 18, 2024. Santander Bank, N.A. is one of the country's leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank's more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE:SAN), recognized as one of the world's most admired companies by Fortune Magazine in 2024, with approximately 171 million customers in the U.S.,
Openbank by Santander offers a high yield savings account featuring an attractive Annual Percentage Yield (APY) of 5.00% and frictionless account opening that takes less than four minutes. Eligible U.S. customers can take advantage of Openbank's safe and secure digital banking experience, built on Santander's proprietary technology. Openbank was built upon Santander's legacy of strength and stability, as a global financial powerhouse with 171 million customers. Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans. Openbank's high yield savings account features an attractive
Fewer savers added to their balances in recent months, with six in 10 stating it has become harder to save as the year has gone on. Less than three in 10 (29%) use high-yield savings products, which could help a typical saver could earn more than $400 in interest. Nearly six in 10 say holiday shopping will negatively impact their savings goals, and three in four prefer to receive the gift of money this holiday season. Santander Bank, N.A. ("Santander Bank") today announced findings from its Openbank Growing Personal Savings ("GPS") Tracker revealing many consumers are missing out on hundreds of dollars a year in interest by not using higher-rate savings accounts. More than seven
Santander Bank, N.A. today announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle market companies in the New York City and Long Island markets. Bravyak will assume Cleary's previous role, leading Underwriting and Portfolio Management. Both executives will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221109005801/en/Donna Cleary, Market Manager, Santander Commercial Banking (Photo: B
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “Santander”) today announced the appointment of Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank. Baldinelli will lead business development, market growth and relationship management for Commercial Banking’s middle market segment in New England, encompassing the company’s Boston-based location. The industry veteran will assume the role from Robert Cerminaro, who was recently promoted to Head of Mid-Corporate Banking in Santander’s Commercial Banking division. “Scott epitomizes Commercial Banking’s ‘getting personal’
6-K - Banco Santander, S.A. (0000891478) (Filer)
25-NSE - Banco Santander, S.A. (0000891478) (Subject)
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
13F-HR - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
The Board of Governors of the Federal Reserve System (the "Federal Reserve") informed Santander Holdings USA, Inc. ("SHUSA") on June 26, 2024, of SHUSA's updated stress capital buffer ("SCB") requirement, which becomes effective on October 1, 2024. SHUSA's updated SCB will be 3.5% of its Common Equity Tier 1 capital (CET1) resulting in an overall CET1 capital requirement of 8.0%. SHUSA's strong capitalization supports our planned capital actions and the updated SCB is consistent with our long-term capital efficiency objectives. As a Category IV firm under the Federal Reserve's tailoring rule, SHUSA was subject to the Federal Reserve's 2024 Supervisory Stress Test. SHUSA remains in the t