Erste Group Bank Estimates Banco Santander FY2026 Earnings

Banco Santander, S.A. (NYSE:SAN) – Stock analysts at Erste Group Bank lifted their FY2026 earnings estimates for Banco Santander in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the bank will earn $1.16 per share for the year, up from their prior estimate of $1.13. The consensus estimate for Banco Santander’s current full-year earnings is $1.20 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 Thursday, October 29th. The bank reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. The company had revenue of $18.08 billion during the quarter, compared to the consensus estimate of $18.14 billion.

A number of other analysts also recently commented on SAN. Mediobanca reiterated an “outperform” rating on shares of Banco Santander in a research report on Tuesday, September 15th. Jefferies Financial Group lowered Banco Santander from a “buy” rating to a “hold” rating in a research note on Tuesday, October 20th. Weiss Ratings downgraded shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Banco Santander in a report on Tuesday, July 28th. Finally, Barclays reiterated a “buy” rating on shares of Banco Santander in a research report on Tuesday, July 14th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.10.

Banco Santander Stock Performance

Shares of SAN opened at $12.46 on Wednesday. The stock’s 50-day moving average price is $14.06 and its 200 day moving average price is $12.96. Banco Santander has a 12-month low of $9.94 and a 12-month high of $15.05.

Institutional Trading of Banco Santander

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings 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 buying an additional 6,198,828 shares during the last quarter. Quantinno Capital Management LP increased its position in Banco Santander by 37.9% in the 1st 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. Bank of New York Mellon Corp raised its stake in shares of Banco Santander by 32.1% in the first quarter. Bank of New York Mellon Corp now owns 1,535,847 shares of the bank’s stock worth $17,324,000 after acquiring an additional 373,646 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Banco Santander by 10.4% in the first quarter. QRG Capital Management Inc. now owns 1,473,746 shares of the bank’s stock worth $16,624,000 after acquiring an additional 138,582 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Banco Santander by 18.3% during the first quarter. Sei Investments Co. now owns 956,275 shares of the bank’s stock worth $10,787,000 after purchasing an additional 147,776 shares in the last quarter. 9.19% of the stock is owned by institutional investors.

Banco Santander Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, November 5th. Investors of record on Friday, October 30th will be issued a dividend of $0.1439 per share. This represents a yield of 217.0%. The ex-dividend date of this dividend is Friday, October 30th.

About Banco Santander

Banco Santander, SA is a Spain-based global banking group founded in 1857 and headquartered in Santander, Spain. The company provides financial services to individuals, businesses, institutions and governments through a network spanning Europe, North America and South America.

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

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