SAN Stock Recent News

Santander's fully digital bank, Openbank, launched in Mexico on Tuesday (Nov. 19). The Openbank Mexico website and app are now operating, promising a fully digital bank, no minimum balances, no fees and competitive interest rates, Openbank said in a Tuesday press release.

Spanish banking giant Santander started rolling out its digital Openbank in Mexico on Tuesday, including a website and smartphone app.

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank”) today announced findings from its Openbank Growing Personal Savings (“GPS”) Tracker revealing many consumers are missing out on hundreds of dollars a year in interest by not using higher-rate savings accounts. More than seven in 10 (71%) are not taking advantage of these accounts, including high-yield savings accounts, money market accounts and certificates of deposit (CDs). Among those who have a higher-rate account and know thei.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Santander Drive Auto Receivables Trust 2024-S3 ("SDART 2024-S3"), a re-securitization of a portion of the Class D notes (the "Underlying Class D Notes") and the entire certificate (the "Underlying Certificate") issued from the Santander Drive Auto Receivables Trust 2021-3 auto loan transaction ("SDART 2021-3" or the "Underlying Securitization Transaction"). The SDART 2024-S3 Class DX Notes are collat.

Banco Santander (LSE:BNC) has upped its mortgage rates just as the Bank of England's chief economist Huw Pill warned rate-setters are worried about ‘sticky inflation'. Spanish-owned Santander upped fixed rates for new buyers and remortgage customers by up to 0.29% from today with specific buy-to-let rates going up by 0.31%.

Santander Brasil released a good set of results, with good trends in revenue growth and cost control. Although the loan portfolio showed only decent growth, this growth was greater than the expansion of NPL, which is positive. Although ROAE has been improving every quarter, it is still below peers, which does not seem to be reflected in the valuation.

Two banks had different reactions after the Budget, with Virgin Money nudging up mortgage rates and Santander reducing the price of borrowing. Accord mortgages also announced reductions.

Banco Santander (Brasil) S.A. presented 3Q24 results, with stable operations, growing assets at about 8%, with stable margins and funding. The market is more wary about Santander because of the increase in interest rates in Brazil, following fiscal, FX, and inflation volatility. Although the concerns are valid, it seems unlikely that the 2021/23 period will repeat, given the much more normalized environment.

Banco Santander, S.A. (NYSE:SAN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 AM ET Company Participants Begona Morenes - Global Head of Investor Relations Jose Garcia Cantera - Senior Executive Vice-President, Chief Financial Officer Hector Grisi Checa - Chief Executive Officer, Executive Director Conference Call Participants Ignacio Ulargui - BNP Paribas Francisco Riquel - Alantra Alvaro Serrano - Morgan Stanley Antonio Reale - Bank of America Marta Sanchez Romero - Citi Carlos Peixoto - CaixaBank BPI Andrea Filtri - Mediobanca Ignacio Cerezo - UBS Sofie Peterzens - JPMorgan Britta Schmidt - Autonomous Research Chris Hallam - Goldman Sachs Hugo Cruz - KBW Jose Garcia Cantera Good morning, everyone, and welcome to our third quarter earnings presentation.

TORONTO, ON / ACCESSWIRE / October 29, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that it has entered into an Equity Capital Contribution Agreement ("ECCA") with respect to Punta Lima Wind Farm LLC (a wholly owned subsidiary of Santander Bank N.A. -"Santander"-).