Citigroup resumed coverage of Banco Santander with a rating of Neutral
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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 |
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.,
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’
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
6-K - Banco Santander, S.A. (0000891478) (Filer)
6-K/A - 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