SAN.MC - Banco Santander, S.A.

MCE - MCE Delayed Price. Currency in EUR
5.508
+0.003 (+0.054%)
At close: 5:35PM CEST
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Previous Close5.505
Open5.475
Bid5.500 x 103900
Ask5.510 x 5360800
Day's Range5.464 - 5.509
52 Week Range5.105 - 6.246
Volume202,009,842
Avg. Volume82,591,219
Market Cap88.856B
Beta1.58
PE Ratio (TTM)13.67
EPS (TTM)0.403
Earnings DateApr 24, 2018
Forward Dividend & Yield0.24 (4.47%)
Ex-Dividend Date2018-04-27
1y Target Est6.29
  • Santander's Launch of Ripple-Based Money Transfer Service A Boost For Blockchain
    Investing.com7 days ago

    Santander's Launch of Ripple-Based Money Transfer Service A Boost For Blockchain

    Investing.com - Amid the uncertainty of the cryptocurrency slump, comes the certainty of blockchain technology.The launch of Banco Santander (MC:SAN)'s Ripple-based international money transfer payment service shows both the commercial viability and transformational power of blockchain distributed ledger technology.The service, called Santander One Pay FX, facilitates same-day currency exchange for retail customers in four countries --Spain, the UK, Brazil and Poland. The simultaneous, multiple country launch is the first of its kind. The smartphone app service will be expanded to other countries in the coming months. A payment app developed by Ripple and a consortium of Japanese banks is scheduled to launch in the fall.Ripple is also partnering with a number of other financial firms, including American Express (NYSE:AXP) and UBS.

  • Santander launched a blockchain-based foreign exchange se...
    CNBC Videos10 days ago

    Santander launched a blockchain-based foreign exchange se...

    Santander One Pay FX is a cross-border payment service using blockchain to make same-day international money transfers.

  • Santander launched a blockchain-based foreign exchange se...
    CNBC Videos10 days ago

    Santander launched a blockchain-based foreign exchange se...

    Santander One Pay FX is a cross-border payment service using blockchain to make same-day international money transfers.

  • Reuters2 days ago

    Polish regulator OKs Santander unit rebranding

    Polish regulator KNF said on Friday it had accepted Bank Zachodni WBK's (BZW.WA) plan to rebrand to Santander Bank Polska, despite previous criticism of the move. In 2014, Santander (SAN.MC) unit BZ WBK's Chief Executive Mateusz Morawiecki, now Poland's Prime Minister, was forced to abandon rebranding after criticism from KNF. Since then, KNF management has been replaced.

  • Moody's5 days ago

    Catalunya Banc SA -- Moody's takes rating actions on Spanish banks

    Moody's Investors Service has today taken rating actions on 12 Spanish banking groups. The rating agency has upgraded the long-term deposit ratings of six banks and the senior unsecured debt and/or senior ...

  • 8 Days Left Before Banco Santander SA. (LON:BNC) Will Start Trading Ex-Dividend, Should You Buy?
    Simply Wall St.5 days ago

    8 Days Left Before Banco Santander SA. (LON:BNC) Will Start Trading Ex-Dividend, Should You Buy?

    Have you been keeping an eye on Banco Santander SA.’s (LSE:BNC) upcoming dividend of €0.05 per share payable on the 02 May 2018? Then you only have 8 days leftRead More...

  • Motley Fool6 days ago

    This Foreign Bank Is Quickly Becoming a Blockchain Pioneer

    This money center giant launched an international money-transfer service with Ripple last week.

  • Moody's6 days ago

    Administrador de Infraestruct. Ferroviarias -- Moody's upgrades Spain's ratings to Baa1 from Baa2; the outlook remains stable

    Moody's Investors Service, ("Moody's") has today upgraded the Government of Spain's long-term issuer and senior unsecured ratings to Baa1 from Baa2 and the senior unsecured MTN program ratings ...

  • Will Banco Santander SA.’s (BME:SAN) Earnings Grow In The Years Ahead?
    Simply Wall St.7 days ago

    Will Banco Santander SA.’s (BME:SAN) Earnings Grow In The Years Ahead?

    In December 2017, Banco Santander SA. (BME:SAN) released its most recent earnings announcement, which confirmed that the business benefited from a small tailwind, eventuating to a single-digit earnings growth ofRead More...

  • Moody's9 days ago

    Administrador de Infraestruct. Ferroviarias -- Moody's upgrades Spain's ratings to Baa1 from Baa2; the outlook remains stable

    Moody's Investors Service, ("Moody's") has today upgraded the Government of Spain's long-term issuer and senior unsecured ratings to Baa1 from Baa2 and the senior unsecured MTN program ratings ...

  • Santander Launches International Payment Service Built On Ripple’s xCurrent
    Bitcoin Magazine9 days ago

    Santander Launches International Payment Service Built On Ripple’s xCurrent

    Banco Santander is launching a new international payments service, dubbed “OnePay FX,” based on blockchain technology. The service is available to retail customers in Spain, U.K., Brazil and Poland, and will be rolled out across more countries in the coming months. The OnePay FX app is available from the App Store for iOS devices.Banco Santander is one of the world’s largest banks with 133 million customers, 13,700 branches and 200,000 employees. With the launch of OnePay FX, Santander will become the first bank to offer a blockchain-based international payments service to retail customers in multiple countries simultaneously. The bank intends to make OnePay FX significantly faster than existing international payment services and to introduce instant international payments in other countries, besides the four countries supported at this moment, before the summer.“Transfers to Europe can be made on the same day and we are aiming to deliver instant transfers across several markets by the summer,” said Ana Botín, Executive Chairman of Banco Santander. “Our goal is to help the thousands of people who use international payments services every day, and we will be adding more currencies and destinations in the coming months.”Botín told the Financial Times that she was particularly keen to encourage the project — which took two years to develop — after seeing her son using a rival service to rapidly transfer money into Spain, adding that the Santander group aims to eventually make OnePay FX available as a standalone app that could be used by customers at other banks.OnePay FX is built on xCurrent, Ripple’s enterprise software solution for cross-border interbank payments with end-to-end tracking. The xCurrent platform allows banks to message each other in real-time to confirm payment details before initiating a transaction, and to confirm delivery once it settles.With xCurrent, Ripple wants to offer a flexible, real-time, cross-currency settlement solution that enables banks to differentiate themselves by offering new cross-border payments services while lowering their total cost of settlement. “The solution is specifically designed to meet the needs of banks by fitting within their existing risk, compliance and information security frameworks,” notes a Ripple solution outline. “Ripple’s software is installed within the bank’s infrastructure and is built to interface with the bank’s systems.”“Ripple’s products, including xCurrent, help financial institutions across the globe enhance their customer experience by making the global movement of money more fluid,” said senior Ripple VP Marcus Treacher. “With OnePay FX, Santander customers in can now send payments across borders in a fast and simple way.”xCurrent, is built around an open, neutral protocol, Interledger Protocol (ILP), which enables interoperation between different ledgers and networks. According to Ripple, xCurrent offers a cryptographically secure, end-to-end payment flow with transaction immutability and information redundancy. “OnePay FX uses blockchain-based technology to provide a fast, simple and secure way to transfer money internationally — offering value, transparency, and the trust and service customers expect from a bank like Santander,” continued Botín. “From today, customers in the U.K. can use OnePay to transfer money across Europe and to the U.S. In Spain, customers can transfer to the U.K. and U.S., while customers in Brazil and Poland can transfer to the U.K.”In a 2015 paper titled “The Fintech 2.0 Paper: Rebooting financial services,” Santander Innoventures, the $200 million fintech venture capital fund of Santander Group, issued “a call to action to banks, financial institutions and financial technology (fintech) businesses to work together to undertake a fundamental ‘reboot’ of the core processes, systems and infrastructure of the banking industry.”Santander Innoventures is an investor in Ripple. “Santander has long been an advocate for modernizing banking infrastructure,” said Mariano Belinky, managing partner of Santander InnoVentures, commenting on the announcement of the fund’s investment in Ripple. “We believe Ripple possesses the talent, technology and momentum to address many of these scenarios.” In a 2016 pilot project, Santander U.K. tested Ripple’s blockchain technology for international payments. The iOS app used in the pilot project worked in connection with Apple Pay.“Blockchain technology offers tremendous opportunities to improve the services we offer our customers, and the launch of Santander OnePay FX is the first of many potential applications,” concluded Botín. According to Ripple, frictions in global payments will be eliminated as more financial institutions like Santander adopt and build upon Ripple solutions. This article originally appeared on Bitcoin Magazine.

  • Reuters10 days ago

    Top bankers warn London's status as a global finance centre at risk from Brexit

    Leading bankers warned on Thursday that Britain is yet to feel the real impact of Brexit which will undermine its status as a global finance centre as companies prepare to shift jobs out of London to preserve access to Europe's single market. Goldman Sachs (GS.N) Chief Executive Lloyd Blankfein said that while the U.S. bank will keep its new $1.4 billion new European headquarters in London, it might have chosen another location if it had known Brexit was coming. The future of London as Europe's financial centre is one of the biggest issues in Brexit talks because it is Britain's largest export sector and biggest source of tax.

  • CNBC10 days ago

    Santander launches a blockchain-based foreign exchange service that uses Ripple’s technology

    Santander said it is the first cross-border payments service using blockchain to be made by a bank.

  • Reuters11 days ago

    Growth in London's finance centre to stall because of Brexit, says Santander boss

    The chairwoman of Spain's biggest bank Banco Santander (SAN.MC) Ana Botin warned on Thursday that growth in London's financial centre was set to stall due to the turmoil triggered by Brexit. "I don't think so many companies or people are going to leave the UK, it is the people that are not coming that we should worry about because the UK was on a huge upward trend and that is not as strong now," Botin told the audience at an event organised by the Wall Street Journal in London.

  • Financial Times11 days ago

    [$$] Santander launches blockchain-based foreign exchange service

    Santander has become the first international bank to launch a cross-border payments system based on blockchain, using the new technology with a view to taking on specialist fintechs such as TransferWise. ...

  • UK lenders expect rebound in demand for mortgage lending in coming months - BoE
    Reuters11 days ago

    UK lenders expect rebound in demand for mortgage lending in coming months - BoE

    British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey showed on Thursday. The Bank, which has been urging banks to avoid risks in their lending to households, also reported the sharpest drop in the availability of unsecured lending to consumers during the first quarter since records began in 2007. A closely-watched gauge of British house prices held at a five-year low last month, reflecting soft consumer demand at a time when the Bank of England looks set to raise interest rates, property valuers said earlier on Thursday.

  • Financial Times11 days ago

    [$$] AI in banking: the reality behind the hype

    Deutsche Bank chief executive John Cryan once mooted replacing as many as half his 98,000 staff with robots. His dramatic ousting last weekend means he will not be held to that promise, but investors need ...

  • Bloomberg13 days ago

    Santander Tries to Decrease Loan Exposure to Rome-Based Builder

    Banco Santander SA is seeking to reduce loan exposure to Rome-based builder Astaldi SpA, according to people familiar with the matter.

  • Thomson Reuters StreetEvents23 days ago

    Edited Transcript of SAN.MC earnings conference call or presentation 31-Jan-18 9:00am GMT

    Full Year 2017 Banco Santander SA Earnings Call

  • Reuters26 days ago

    BoE to update guidance on banks' preparations for Brexit on Wednesday

    The Bank of England said it will publish later on Wednesday updated guidance on how banks and other financial services firms should prepare for Brexit, following a 21-month transition deal struck by Britain and other European Union countries this month. The BoE said it would publish an update on its regulatory approach to preparations for Britain's departure from the EU at 1 p.m. (1200 GMT). More than 100 banks operating in London are branches of lenders based elsewhere in the EU and they will have to submit licence applications to continue working in Britain after Brexit.

  • Moody's26 days ago

    Banco Santander Rio S.A. -- Moody s assigns debt ratings to Banco Santander Rio S.A. expected issuance

    Moody's Latin America Agente de Calificación de Riesgo S.A. (MLA) has assigned today a Ba3 global local currency senior debt rating and a Aaa.ar national scale local currency debt rating to Banco Santander ...

  • Moody's26 days ago

    Quarzo CQS 2018 S.r.l. -- Moody's assigns definitive ratings to notes issued by Quarzo CQS 2018 S.r.l.

    Moody's Investors Service ("Moody's") has assigned the following definitive ratings to notes issued by Quarzo CQS 2018 S.r.l. (the "Issuer"): ....EUR 598.0M Class A Asset Backed Floating ...

  • Reuters27 days ago

    Bank of England considered bank capital buffer hike but waiting to watch risks

    (Adds details from FPC statement, background) By William Schomberg and Andrew MacAskill LONDON, March 27 (Reuters) - The Bank of England said it considered this month increasing the amount of money banks ...

  • Crypto Weekly Update: Downtrend in Cryptocurrencies Resumes, Ethereum Remains Bearish
    FX Empire29 days ago

    Crypto Weekly Update: Downtrend in Cryptocurrencies Resumes, Ethereum Remains Bearish

    Cryptocurrencies have struggled the past couple of days as a short-term downturn has picked up momentum after stability in the crypto marketplace earlier this week.