SAN - Banco Santander, S.A.
| Previous Close | 4.0500 |
| Open | 4.1300 |
| Bid | 4.0900 x 46000 |
| Ask | 4.2000 x 309400 |
| Day's Range | 4.0800 - 4.1877 |
| 52 Week Range | 3.6500 - 5.2500 |
| Volume | 8856140 |
| Avg. Volume | 8,692,142 |
| Market Cap | 69B |
| Beta (5Y Monthly) | 1.44 |
| PE Ratio (TTM) | 8.49 |
| EPS (TTM) | 0.4820 |
| Earnings Date | Jan 25, 2017 - Feb 1, 2017 |
| Forward Dividend & Yield | 0.30 (7.37%) |
| Ex-Dividend Date | 2019-10-30 |
| 1y Target Est | 4.85 |
- Moody's
Santander Consumer Bank AG -- Moody's assigns first-time A3 deposit and issuer ratings to Santander Consumer Bank AG; outlook positive
Moody's Investors Service (Moody's) has today assigned first-time A3 long-term deposit and issuer ratings as well as A2 long-term Counterparty Risk Ratings (CRRs) to Santander Consumer Bank AG (SCB). Concurrently, the rating agency assigned a baa1 Baseline Credit Assessment (BCA) and Adjusted BCA and an A1(cr) long-term Counterparty Risk Assessment (CR Assessment) to SCB.
- American City Business Journals
Santander to end freeze on new credit cards in 2020
The bank stopped issuing new cards this spring after discovering it had overcharged interest for some customers.
- Moody's
FONDO DE TITULIZACION PYMES SANTANDER 15 -- Moody's assigns definitive ratings to SME ABS notes issued by FONDO DE TITULIZACION PYMES SANTANDER 15
The transaction is a 2-year revolving cash securitisation of standard loans and credit lines granted by Banco Santander S.A. (Spain) ("Santander", Long Term Deposit Rating: A2 Not on Watch /Short Term Deposit Rating: P-1 Not on Watch) mainly to small and medium-sized enterprises (SMEs) and self-employed individuals, as well as corporates, located in Spain. The ratings of the Notes are primarily based on the analysis of the credit quality of the underlying portfolio, the structural integrity of the transaction, the roles of external counterparties and the protection provided by credit enhancement.
- Financial Times
Santander’s UK head suffers biggest cut to pension
Santander will cut the pension allowance of its UK chief executive Nathan Bostock by more than £400,000 over the next two years, the biggest reduction in a sector-wide clampdown on executive benefits. The move by Santander means the UK’s five largest high-street banks will all have lowered their chiefs’ pay by next year. Mr Bostock’s total pension cut of £436,000 is expected to be the largest among any UK banking executive.
- Insider Monkey
Is Banco Santander, S.A. (SAN) A Good Stock To Buy?
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
- Reuters
Santander Brasil revamps investment banking with new hires
Banco Santander Brasil is making new hires as part of a revamp of its investment banking business in an effort to gain market share. Gustavo Miranda, the new head of investment banking at the bank, has hired Renato Boranga, who was formerly at Moelis & Co , as head of mergers and acquisitions. Miranda, who became head of investment banking in October, has also appointed Pedro Leite da Costa, previously at Goldman Sachs and advisory firm One Partners, as head of equity capital markets (ECM).
- Reuters
UPDATE 1-UK regulators call time on lengthy glitches in banking services
Regulators made proposals on Thursday to strengthen the ability of banks and payment firms in Britain to cope with major incidents and maintain key services with minimum interruption. The Bank of England and the Financial Conduct Authority have proposed that banks, insurers, investment firms, exchanges and financial market infrastructure (FMIs) firms like Visa that make payments possible, set "impact tolerances" for important services. Firms themselves would quantify the maximum level of disruption they would tolerate in terms of time, volume of business or number of customers affected.
- Moody's
Santander Consumer Finance S.A. -- Moody's assigns Baa1 rating to Santander Consumer Finance's junior senior unsecured debt securities
Moody's Investors Service ("Moody's") today assigned a Baa1 rating to the long-term junior senior unsecured debt issuance (senior non-preferred) of Santander Consumer Finance S.A. (SCF) for an amount of EUR 650 million. The senior non-preferred notes, referred to as "junior senior" unsecured notes by Moody's are explicitly designated as senior non-preferred in the documentation.
- Moody's
FONDO DE TITULIZACION PYMES SANTANDER 15 -- Moody's assigns provisional ratings to SME ABS notes to be issued by FONDO DE TITULIZACION PYMES SANTANDER 15
The transaction is a 2-year revolving cash securitisation of standard loans and credit lines granted by Banco Santander S.A. (Spain) ("Santander", Long Term Deposit Rating: A2 Not on Watch /Short Term Deposit Rating: P-1 Not on Watch) mainly to small and medium-sized enterprises (SMEs) and self-employed individuals, as well as corporates, located in Spain. The ratings of the Notes are primarily based on the analysis of the credit quality of the underlying portfolio, the structural integrity of the transaction, the roles of external counterparties and the protection provided by credit enhancement.
- American City Business Journals
Santander CEO leaves for high-ranking role at Wells Fargo
Scott Powell will be replaced by a senior Santander executive who joined the Boston-based bank from a West Coast lender this fall.
- PR Newswire
Santander US Announces Leadership Appointments: Tim Wennes Named Santander US CEO and Country Head, and Mahesh Aditya Named CEO of Santander Consumer
The Boards of Directors of Santander Holdings USA, Inc. ("Santander US") and Santander Consumer USA Holdings Inc. ("SC") today announced several executive changes:
- Financial Times
Wells Fargo hires Santander’s US chief as new COO
Wells Fargo’s recently appointed chief executive Charlie Scharf has taken another step towards reshaping the bank’s senior management team, hiring Scott Powell to be the bank’s chief operating officer. Mr Powell, who had been serving as the chief executive of Santander’s US operations, will start next week. Mr Powell will have responsibility for regulatory affairs at the bank, among other areas.
- Reuters
Swiss exchange operator SIX adds Spanish banks to court BME -sources
MADRID/LONDON, Nov 29 (Reuters) - Swiss stock market operator SIX has started working with Spain's biggest banks as it begins its charm offensive to convince local regulators of the merits of its 2.84 billion euro ($3.13 billion) bid for Spanish bourse BME, three sources told Reuters. Santander, BBVA and Caixabank have been added to SIX's advisory line-up, the sources said, speaking on condition of anonymity.
- Reuters
UPDATE 1-Santander to stop charging commissions on remittances to Mexico
Mexican President Andres Manuel Lopez Obrador said on Monday Spanish bank Santander will stop charging commissions as of Tuesday on remittances sent by migrants to their relatives in Mexico. Santander Executive Chairman Ana Botin "promised us this year that the bank would not charge commissions on remittances that our citizens in the United States send to their families," Lopez Obrador said, sitting alongside Botin.
- Moody's
Santander Bank Polska S.A. -- Moody's announces completion of a periodic review of ratings of Santander Bank Polska S.A.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Santander Bank Polska S.A. Madrid, November 22, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Santander Bank Polska S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- Moody's
PSA Banque France -- Moody's announces completion of a periodic review of ratings of PSA Banque France
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of PSA Banque France and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Reuters
Santander buys 1.3 bln euro Nordics car loan portfolio from Ford
Santander Consumer Bank, a unit of Spain's Santander, agreed on Monday to buy a consumer auto-loan portfolio worth 1.3 billion euros ($1.45 billion) from Ford Motor Company in the Nordic countries, a Santander spokesman said. "Part of the transaction is a long-term agreement on retail and wholesale finance to Ford dealers under the Ford brand," the spokesperson said, without disclosing the amount of the deal. As part of the deal, Santander would take on 125 employees from the Ford Motor Company in the Nordics.
- Reuters
Santander in 350 million pound deal for stake in UK's Ebury
Santander has taken a 350 million pound ($453 million) majority stake in UK-based Ebury as part of a digital strategy to boost growth through new ventures, the Spanish bank announced on Monday. Ebury is a trade and foreign exchange facilitator for small and medium-sized companies which operates in 19 countries and 140 currencies, Santander said in a statement. Santander said it is acquiring 50.1% of Ebury for 350 million pounds, of which 70 million will be new primary equity to support Ebury's plans to enter new markets in Latin America and Asia.
- PR Newswire
Santander Bank Lowers Its Prime Rate to 4.75%
BOSTON , Oct. 31, 2019 /PRNewswire/ -- Santander Bank announced today it has lowered its prime rate from 5.00% to 4.75%, effective October 30, 2019 . Santander Bank , N.A . is one of the country's largest ...
- Reuters
UPDATE 1-Santander keeps plans to bolster Argentina consumer finance division
Banco Santander SA is keeping plans to boost its consumer finance unit in Argentina despite the victory in Sunday's presidential election of Alberto Fernandez, a Peronist, the bank`s regional head for South America told journalists on Wednesday. Investors are uncertain how Fernandez will handle the country`s economic challenges. Fernandez, who will succeed market-friendly President Mauricio Macri has not detailed yet the party's plans for Latin America’s No. 3 economy.
- Reuters
UPDATE 2-Santander Brasil sees financial margins under pressure in the coming quarters - CFO
Chief Financial Officer of Banco Santander Brasil SA said on Wednesday that the bank's net interest income is likely to be under pressure in the coming quarters, as Brazil's interest rates hit all-time low levels and competition increases. CFO Angel Santodomingo told analysts in a conference call that Santander Brasil seeks to offset a potential pressure in margins with higher fee income and lower operating expenses. "The bank has to analyse its costs in an industrial way," he said, adding he still sees room for improvements in Santander Brasil's efficiency.
