SAN - Banco Santander, S.A.
Chart Events
Gap Down
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 2.3900 |
| Open | 2.5000 |
| Bid | 2.3800 x 39400 |
| Ask | 2.3900 x 42300 |
| Day's Range | 2.3700 - 2.3900 |
| 52 Week Range | 2.0400 - 5.2500 |
| Volume | 174,716 |
| Avg. Volume | 11,357,201 |
| Market Cap | 39.991B |
| Beta (5Y Monthly) | 1.56 |
| PE Ratio (TTM) | 4.92 |
| EPS (TTM) | 0.4820 |
| Earnings Date | Jan 24, 2017 - Jan 31, 2017 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Oct 29, 2019 |
| 1y Target Est | 3.40 |
Fair Value
Related Research
- Moody's
Matba Rofex S.A. -- Moody's Latin America takes action on Argentine financial institutions' ratings; outlook negative
Rating Action: Moody's Latin America takes action on Argentine financial institutions' ratings; outlook negative. Global Credit Research- 07 Apr 2020. Buenos Aires City, April 07, 2020-- Moody's Latin ...
- Moody's
Fondo De Titulizacion Santander Consumo 3 -- Moody's assigns definitive ratings to ABS notes issued by Fondo De Titulizacion Santander Consumo 3
FT Santander Consumo 3 is a 12 month revolving securitisation of consumer loans granted by Banco Santander S.A. (Spain) ("Santander"), (A2/P-1 Bank Deposits; A3(cr)/P-2(cr)), to private obligors in Spain. Santander is acting as originator and servicer of the loans while Santander de Titulizacion S.G.F.T., S.A. (NR) is the Management Company ("Gestora"). As of 31 March 2020, the portfolio is composed of 226,148 consumer loans granted to private obligors located in Spain, 98.5% of the loans are paying fixed rate.
- Reuters
Portugal bank lobby urges state, EU action to avert bad loans
Portugal's banking association is calling on the government and the European Union to stimulate the economy to prevent a sharp rise in bad loans as a result of the coronavirus crisis. "It is crucial to adopt measures to mitigate the effects of this public health situation on the ability of companies and families to continue to be able to guarantee the payment of their (credit) responsibilities," Portuguese Banking Association head Fernando Faria de Oliveira told Reuters. Portugal's tourism-dependent, export-driven economy is wilting from the sudden drop in global demand, with more than 30,000 firms applying for government support to pay half a million workers as activities grind to a halt.
- Reuters
Brazil's central bank demands banks to inform dividend plans - source
Brazil's central bank is requiring banks to report if they intend to pay shareholders dividends above minimum levels required by regulations or bylaws, a person with knowledge of the matter said on Monday. The requirement adds to speculation that the central bank, which has unveiled extraordinary measures to support the financial system amid the coronavirus pandemic, may impose a temporary cap on banks' dividends. In March, the European Central Bank (ECB) asked euro zone lenders to skip dividend payments and share buybacks until October at the earliest, using their profits instead to support the economy.
- Moody's
Banco Estado, New York Branch -- Moody's changes to negative outlook on four Chilean banks' ratings; downgrades two banks' BCAs
Moody's Investors Service ("Moody's") has today changed to negative, from stable, the outlook on the ratings of Banco de Chile, Banco Santander-Chile (Santander), Banco del Estado de Chile (Banco Estado) and Itaú CorpBanca (Itaú). At the same time, Moody's downgraded the standalone baseline credit assessments (BCAs) of Banco de Chile and Santander to baa1, from a3, respectively, and downgraded Banco de Chile's global local and foreign currency subordinated debt ratings to (P)Baa2, from (P)Baa1.
- Reuters
Daimler secures $13 billion loan facility
Daimler said on Thursday it has signed an agreement for a 12 billion euro ($13 billion) credit line to increase its financial flexibility in the current coronavirus crisis. The credit line comes in addition to an 11 billion euro revolving credit with a term until 2025, including extension options. The new loan facility can be utilized within a 12-month period with two extension options of six months, Daimler said, adding the line was agreed with BNP, Banco Santander , Deutsche Bank and JP Morgan on April 1.
- Moody's
Fondo De Titulizacion Santander Consumo 3 -- Moody's assigns provisional ratings to ABS notes to be issued by Fondo De Titulizacion Santander Consumo 3
Moody's has not assigned any rating to the EUR[ ]M Class F Fixed Rate Notes due December 2031. FT Santander Consumo 3 is a 12 month revolving securitisation of consumer loans granted by Banco Santander S.A. (Spain) ("Santander"), (A2/P-1 Bank Deposits; A3(cr)/P-2(cr)), to private obligors in Spain.
- Reuters
Bank of England says top banks should not pay bonuses
The Bank of England welcomed moves by Britain's biggest banks to suspend dividends and said it also expects them not to pay cash bonuses to senior staff during the coronavirus epidemic. The BoE's Prudential Regulation Authority said banks entered the pandemic, which has put Britain into lockdown, with strong capital positions, enough to withstand a severe UK and global recession. "The PRA also expects banks not to pay any cash bonuses to senior staff, including all material risk takers, and is confident that bank boards are already considering and will take any appropriate further actions with regard to the accrual, payment and vesting of variable remuneration over coming months," the PRA said in a statement.
- Moody's
Banco Santander México, S.A. -- Moody's rates Aaa.mx Santander México's two proposed issuances of certificados bursátiles
Moody´s de México, ("Moody´s") has today assigned A3 and Aaa.mx long-term global local currency (GLC) and Mexican National Scale senior unsecured debt ratings to the two proposed issuances of Certificados Bursátiles Bancarios (BSMX 20 and BSMX 20-2) to be issued by Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander Mexico (Banco Santander México, S.A.) (Santander México). The outlook on the global debt ratings is negative.
ReutersEuropean hedge funds struggle as short-selling bans disrupt strategies
European hedge funds struggled to navigate the coronavirus-induced extreme market volatility during March, with many down by double-digits in the space of a few weeks as short-selling bans hampered their strategies. Regulators in France, Italy, Belgium and Spain ordered temporary short-selling bans to stop investors betting on a fall in the share price of companies ranging from Spanish bank Santander to Air France-KLM and Italian automaker Fiat Chrysler. Short-selling is a strategy often used by so-called 'event-driven' or 'merger-arbitrage' hedge funds that bet on takeover or merger deals, reducing their risk by shorting, or selling, the acquirer and buying the target company.
- American City Business Journals
Boston banks set aside millions to aid coronavirus-beset businesses
Eastern Bank, Citizens Financial Group and others are launching special initiatives to get money to small businesses struggling or shuttered because of the coronavirus outbreak.
- Moody's
Banco Santander, S.A. (Uruguay) -- Moody's announces completion of a periodic review of ratings of Banco Santander, S.A. (Uruguay)
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco Santander, S.A. (Uruguay) -- (Santander Uruguay) -- 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.
- Reuters
Big U.S. banks face pressure to announce dividend cuts
Big U.S. banks may cut dividends for political rather than financial reasons as a growing chorus of lawmakers, former regulators and consumer advocates say it is inappropriate for them to tap emergency funding programs while paying out cash to shareholders. "That is not enough," said Sheila Bair, former chair of the Federal Deposit Insurance Corp, in an interview on Tuesday.
- Reuters
PRESS DIGEST- Financial Times - March 24
Overview Stelios Haji-Ioannou, Easyjet Plc's founder and largest shareholder, said the airline's fleet should be reduced to 250 from 344 as airlines worldwide cut costs due to widespread travel curbs imposed to stem the spread of the coronavirus. Banco Santander SA's Chairman, Ana Botin, has committed to reduce her total compensation by 50% for 2020 to back a 25 million euros ($26.92 million) medical equipment fund created by the company to combat the coronavirus outbreak. The UK government has reached out to Amazon.com Inc and other companies about using their services to step up the delivery of coronavirus tests to frontline health workers.
- Reuters
Santander Brasil says won't fire workers during coronavirus 'critical period'
Banco Santander Brasil SA , one of Brazil's top lenders, said on Monday that it would refrain from firing workers "amid the most critical period" of the coronavirus outbreak. The bank, which has roughly 47,000 employees, did not specify what it meant by the "most critical period" of the pandemic. Last week, Santander Brasil said it would furlough part of its workforce for 15 days in Sao Paulo and Rio de Janeiro as it closes some branches in both cities due to the coronavirus outbreak.
- PR Newswire
Santander US Announces COVID-19 Relief Efforts
Santander US ("Santander") announced today that it is taking important steps across its businesses to assist and support its customers, employees and communities impacted by the Coronavirus pandemic. In addition, Santander has taken numerous precautionary measures to help mitigate the risk of contagion.
- Barrons.com
Coronavirus Toll Surges in Spain
Worst hit is Italy. Close behind is Spain, which said on Saturday that its death toll from the virus-caused Covid-19 illness had reached more than 1,300 after having surpassed 1,000 the previous day. Spain has just completed the first week of a national lockdown.
- Reuters
Basel banking watchdog to consider virus measures in coming days
Banks and their supervisors must remain vigilant in light of the evolving nature of the COVID-19 epidemic to ensure that the global banking system remains financially and operationally resilient, global regulators said on Friday. The Basel Committee of banking supervisors from the world's main financial centres said it held a teleconference on Friday and supported measures taken by members so far.
- Reuters
Bankers quarantined after Mexico hosts convention despite coronavirus threat
Many of Mexico's top banking and financial brass are under quarantine or having to work from home after having attended an annual industry bash at a Pacific getaway last week where at least one participant later tested positive for coronavirus. In contrast to much of Latin America, Mexico's government has so far taken a hands-off approach to tackling the fast-spreading virus, letting large-scale events go ahead, including the swanky banking conference in the beach resort of Acapulco and a music festival in Mexico City. Then a high-ranking official at Mexico's central bank tested positive after participating in the convention, which was also attended by the president, finance minister and hundreds of senior bankers.
- Reuters
Santander Brasil to put part of its workforce on furlough - statement
Banco Santander Brasil SA will put part of its workforce on furlough for 15 days in Sao Paulo and Rio de Janeiro, as it closes part of its branches in both cities due to the coronavirus outbreak, it said on a statement on Thursday. Santander Brasil did not disclose the number of workers on furlough or the number of branches to be closed, starting on March 24.
