Citigroup resumed coverage of Banco Santander with a rating of Neutral
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| 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 |
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. announced today it has lowered its prime rate from 8.00% to 7.75% effective November 7, 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., E
TORONTO, ON / ACCESSWIRE / October 29, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that it has entered into an Equity Capital Contribution Agreement ("ECCA") with respect to Punta Lima Wind Farm LLC (a wholly owned subsidiary of Santander Bank N.A. -"Santander"-).The project is an operating onshore wind farm called Punta Lima Wind Farm ("PLWF" or the "Project") with a nameplate capacity of 26.0 MW's located in the Municipality of Naguabo, Puerto Rico. The Project was re-constructed and recommissioned by Santander and has a 20-year power purchase agreement ("PPA") in place with Puerto Rico Electric Power Authority (PREPA) terminating in
81% consider inflation a major concern, the highest level over the past year. Most middle-income households have remained current on their bills, though more are making spending cuts to manage higher prices. Gen Z and millennials have shifted their mindset around homeownership and find flexibility in renting, with 6 in 10 believing homeownership as a sign of financial prosperity is outdated. Federal Reserve rate cuts could unlock pent-up vehicle demand, with 52% delaying a vehicle purchase over the last year. Santander Holdings USA, Inc. ("Santander US") today announced new findings from a survey that shows while middle-income Americans remain optimistic about their financial fu
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
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
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
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’