Brokers Issue Forecasts for Banco Santander FY2026 Earnings

Banco Santander, S.A. (NYSE:SAN) – Research analysts at Erste Group Bank lowered their FY2026 earnings per share estimates for Banco Santander in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the bank will post earnings per share of $1.19 for the year, down from their prior estimate of $1.20. The consensus estimate for Banco Santander’s current full-year earnings is $1.25 per share. Erste Group Bank also issued estimates for Banco Santander’s FY2027 earnings at $1.43 EPS.

Banco Santander (NYSE:SAN) last released its earnings results on Wednesday, July 22nd. The bank reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $17.93 billion during the quarter, compared to the consensus estimate of $17.90 billion. Banco Santander had a net margin of 26.94% and a return on equity of 12.43%.

SAN has been the subject of a number of other research reports. Weiss Ratings downgraded shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Wednesday, July 29th. Wall Street Zen cut shares of Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Santander restated a “buy” rating on shares of Banco Santander in a research note on Tuesday, June 23rd. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Banco Santander Stock Down 1.6%

NYSE SAN opened at $14.73 on Monday. The firm’s 50 day moving average is $14.30 and its 200-day moving average is $12.92. The company has a market capitalization of $216.31 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 0.74 and a beta of 0.74. Banco Santander has a 12-month low of $9.62 and a 12-month high of $15.05.

Hedge Funds Weigh In On Banco Santander

Hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in Banco Santander by 2.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 18,037,272 shares of the bank’s stock valued at $211,577,000 after buying an additional 398,787 shares in the last quarter. Capital International Investors lifted its holdings in shares of Banco Santander by 1.6% during the fourth quarter. Capital International Investors now owns 14,766,849 shares of the bank’s stock worth $174,839,000 after buying an additional 237,825 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Banco Santander by 118.9% in the first quarter. Bank of America Corp DE now owns 11,413,194 shares of the bank’s stock valued at $128,741,000 after acquiring an additional 6,198,828 shares during the period. Todd Asset Management LLC boosted its position in shares of Banco Santander by 2.6% in the fourth quarter. Todd Asset Management LLC now owns 7,630,413 shares of the bank’s stock valued at $89,505,000 after acquiring an additional 194,081 shares during the period. Finally, Quantinno Capital Management LP grew its stake in shares of Banco Santander by 37.9% in the first quarter. Quantinno Capital Management LP now owns 2,566,939 shares of the bank’s stock valued at $28,955,000 after acquiring an additional 705,034 shares in the last quarter. 9.19% of the stock is owned by institutional investors.

About Banco Santander

Banco Santander, SA is a global banking group headquartered in Santander, Spain. Founded in 1857, the company provides financial products and services to individuals, businesses, institutions and governments through its banking operations in Europe, North America and South America.

Its principal activities include retail and commercial banking, consumer finance, corporate and investment banking, private banking, asset management, insurance and payment services. Santander offers products such as current and savings accounts, mortgages, personal loans, credit cards, business financing, investment products and digital banking services.

The group operates through established franchises in markets including Spain, the United Kingdom, Portugal, Poland, Brazil, Mexico, Chile, Argentina and the United States.