Jefferies upgraded Banco Santander from Hold to Buy
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| 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 |
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
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K - Banco Santander, S.A. (0000891478) (Filer)
13F-HR - Banco Santander, S.A. (0000891478) (Filer)
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
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
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’