Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
Banco Santander (NYSE:SAN) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.21 by 4.76 percent. The company reported $16.870 billion in sales this quarter. This is a 9.87 percent increase over sales of $15.355 billion the same period last year.
Spanish financial services provider Banco Santander SA (NYSE:SAN) is reportedly nearing an agreement with Amazon.com Inc. (NASDAQ:AMZN) to offer financing options for European buyers on the e-commerce platform. The deal, which is in advanced negotiations, is expected to launch in Germany first and then expand across Europe, according to a report from Bloomberg. Santander aims to enhance its digital consumer finance business, which contributed around 10% to its group revenue last year. Santander’s key strategy involves securing flagship deals with major tech companies, according to the bank’s recent annual report. The partnership with Amazon will allow consumers to opt for loans w
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
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
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
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’
74% of Americans would sit in traffic for an hour to earn $200, but only 16% took the time to move money to higher-yielding accounts. As expense pressures mount, 44% of Americans missed their savings goal in June, up from 35% in March. Six in 10 back-to-school shoppers across the U.S. expect it will impact their ability to meet their savings goals. Santander Bank, N.A. ("Santander Bank" or "the Bank") announced today the findings of its second Growing Personal Savings ("GPS") Tracker, a research series exploring Americans' approach to building and managing their savings. While many Americans have been adding to their savings month-over-month, the overall percentage doing so each
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
72% of middle-income consumers say prices on goods and services rose in the second quarter. 90% of households made budget cuts to contend with higher prices, and 41% have turned to second jobs and side gigs. A majority of households believe homeownership is not a requirement to be financially prosperous, driven by affordability concerns. Santander Holdings USA, Inc. ("Santander US") today announced findings from a new survey that shows middle-income households are cutting back on spending, taking second jobs, and delaying large purchases—such as cars and homes—to adapt to higher prices as inflationary pressures continue. Nearly three in four middle-income households (72%) report