SAN Stock Analysis: Banco Santander | NYSE
Banks - Diversified | NYSE, USA | Market Cap: 189.274m USD | 12M Return: 63.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 117M
EPS Trend: 99.5%
Qual. Beats: -2
Rev. Trend: 33.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banco Santander, S.A. (NYSE: SAN) is a large-cap, Spain-based diversified bank headquartered in Madrid, founded in 1856 and operating globally under the GICS Financials sector. The company serves individuals, small and medium-sized enterprises, large corporations, and public entities across multiple geographies, generating revenue through five reporting segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments.
Its product and service mix spans traditional retail banking (deposits, savings/current accounts, mortgages, consumer and auto loans, credit and debit cards), wholesale and investment banking (project finance, debt capital markets, global transaction banking, corporate finance, and M&A advisory), wealth and asset management, insurance, and digital payments and technology solutions. The bank also engages in a broad set of adjacent activities, including leasing, factoring, securities brokerage, pension fund management, venture capital, renewable energy, and vehicle sales/rental, which reflects the diversified revenue streams typical of globally active universal banks.
Santander distributes its offerings through both physical branch networks and mobile/online banking channels, with a clear emphasis on its Digital Consumer Bank segment, underscoring the industrys broader shift toward digital-first retail finance. The ADR trades on the NYSE under the ticker SAN and is classified within the Diversified Banks sub-industry, a category that includes other large multinational banking groups.
- ECB rate cuts compress European net interest margins
- Brazil and Mexico loan growth drives emerging market earnings
- Wealth Management and Insurance fee income accelerates
| Net Income: 15.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -2.90 > 1.0 |
| NWC/Revenue: -1.28k% < 20% (prev -946.8%; Δ -335.4% < -1%) |
| CFO/TA -0.01 > 3% & CFO -14.8b > Net Income 15.8b |
| Net Debt (315b) to EBITDA (22.0b): 14.30 < 3 |
| Current Ratio: 0.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (14.7b) vs 12m ago -1.29% < -2% |
| Gross Margin: 52.25% > 18% (prev 63.26%; Δ -11.02% > 0.5%) |
| Asset Turnover: 4.79% > 50% (prev 4.22%; Δ 0.57% > 0%) |
| Interest Coverage Ratio: 0.32 > 6 (EBIT TTM 18.8b / Interest Expense TTM 59.4b) |
| A: -0.59 (Total Current Assets 138b - Total Current Liabilities 1295b) / Total Assets 1954b |
| B: 0.06 (Retained Earnings 111b / Total Assets 1954b) |
| C: 0.01 (EBIT TTM 18.8b / Avg Total Assets 1885b) |
| D: 0.06 (Book Value of Equity 109b / Total Liabilities 1838b) |
| Altman-Z'' = -3.57 = D |
As of July 28, 2026, the stock is trading at USD 13.99 with a total of 10,570,734 shares traded. Over the past week, the price has changed by +5.03%, over one month by +2.49%, over three months by +18.02% and over the past year by +63.38%.
Current recommended Stop Loss: 13.50 (which is 3.5% or 1.4 ATR below the current price).
Banco Santander has received a consensus analysts rating of 2.50. Therefore, it is recommended to sell SAN.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 13.5 | -3.3% |
Market Cap EUR = 166b (189b USD * 0.8765 USD.EUR)
P/E Trailing = 13.6186
P/E Forward = 12.0337
P/S = 3.9953
P/B = 1.6243
P/EG = 3.8831
Revenue TTM = 90.2b EUR
EBIT TTM = 18.8b EUR
EBITDA TTM = 22.0b EUR
Long Term Debt = 348b EUR (from longTermDebt, last quarter)
Short Term Debt = 212b EUR (from shortTermDebt, last fiscal year)
Debt = 452b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.82b
Net Debt = 315b EUR (calculated: Debt 452b - CCE 138b)
Enterprise Value = 480b EUR (166b + Debt 452b - CCE 138b)
Interest Coverage Ratio = 0.32 (Ebit TTM 18.8b / Interest Expense TTM 59.4b)
EV/FCF = -21.36x (Enterprise Value 480b / FCF TTM -22.5b)
FCF Yield = -4.68% (FCF TTM -22.5b / Enterprise Value 480b)
FCF Margin = -24.93% (FCF TTM -22.5b / Revenue TTM 90.2b)
Net Margin = 17.49% (Net Income TTM 15.8b / Revenue TTM 90.2b)
Gross Margin = 52.25% ((Revenue TTM 90.2b - Cost of Revenue TTM 43.1b) / Revenue TTM)
Gross Margin QoQ = 40.06% (prev 41.30%)
Tobins Q-Ratio = 0.25 (Enterprise Value 480b / Total Assets 1954b)
Interest Expense / Debt = 13.12% (Interest Expense 59.4b / Debt 452b)
Taxrate = 24.73% (4.64b / 18.8b)
NOPAT = 14.1b (EBIT 18.8b * (1 - 24.73%))
Current Ratio = 0.11 (Total Current Assets 138b / Total Current Liabilities 1295b)
Debt / Equity = 4.14 (Debt 452b / totalStockholderEquity, last quarter 109b)
Debt / EBITDA = 14.30 (Net Debt 315b / EBITDA 22.0b)
Debt / FCF = -13.98 (negative FCF - burning cash) (Net Debt 315b / FCF TTM -22.5b)
Total Stockholder Equity = 101b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.84% (Net Income 15.8b / Total Assets 1954b)
RoE = 15.60% (Net Income TTM 15.8b / Total Stockholder Equity 101b)
RoCE = 4.18% (EBIT 18.8b / Capital Employed (Equity 101b + L.T.Debt 348b))
RoIC = 1.63% (NOPAT 14.1b / Invested Capital 866b)
WACC = 9.63% (E(166b)/V(618b) * Re(8.98%) + D(452b)/V(618b) * Rd(13.12%) * (1-Tc(0.25)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.49 | Cagr: -5.77%
[DCF] Fair Price = unknown (Cash Flow -22.5b)
EPS Correlation: 99.50 | EPS CAGR: 20.60% | SUE: -1.16 | # QB: -2
Revenue Correlation: 33.35 | Revenue CAGR: 2.62% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.30 | Chg30d=-3.83% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.14 | Chg30d=+1.21% | Revisions=-25% | GrowthEPS=+7.5% | GrowthRev=+1.0%
EPS next Year (2027-12-31): EPS=1.24 | Chg30d=-5.23% | Revisions=+0% | GrowthEPS=+8.6% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: -29% (up=1, down=3)