SAN Stock Recent News

Shares of Spain's Banco Santander have been an exceptional performer so far this year, returning over 60%. First quarter earnings marked another record for the bank, and its return on tangible equity remains within management's longstanding 15-17% target range. These shares remain at a slight premium to tangible book value, which is easily justified by Santander's earnings power.

The P/B ratio helps to identify low-priced stocks with high growth prospects. CNC, MD, PFE, STNE and SAN are some such stocks.

Banco Santander, S.A. (NYSE:SAN ) Q1 2025 Earnings Conference Call April 30, 2025 4:00 AM ET Company Participants Raul Sinha - Global Head, IR Hector Grisi - CEO José García Cantera - CFO Conference Call Participants Sofie Peterzens - JPMorgan Ignacio Ulargui - BNP Paribas Andrea Filtri - Mediobanca Francisco Riquel - Alantra Alvaro Serrano - Morgan Stanley Marta Sanchez Romero - Citi Carlos Peixoto - CaixaBank Britta Schmidt - Autonomous Cecilia Romero - Barclays Ignacio Cerezo - UBS Pablo de la Torre - RBC Raul Sinha Good morning all, and welcome to the Santander Q1 2025 Results Call.

Santander UK reported an 8% drop in first-quarter pre-tax profits to £358 million, citing higher costs tied to a major overhaul of its high street network. The bank set aside £140 million in provisions, up 69% year on year, largely to cover expenses related to the planned closure of 95 branches and reduced services at others.

Lender Santander Brasil on Wednesday reported a first-quarter net profit of 3.86 billion reais ($686.83 million), a 27.8% rise from a year earlier, slightly ahead of market expectations.

Profitability was notably boosted by strong results from the bank's Spanish retail division and its U.S. digital consumer lending unit.

Santander on Wednesday said its net profit rose 19% in the first quarter thanks to a solid performance at its main retail businesses in Spain and a lower impact from a renewed banking tax in its home market.

Austrian bank Erste Group Bank is in discussions with Santander about buying a 49% stake in the Spanish bank's Polish unit , the lenders said on Monday.

Despite market volatility, I focus on companies with consistent dividend growth, indicating strong financial health and stability, to provide income and total returns. My investment strategy involves buying, holding, and adding to positions in companies that increase dividends and outperform benchmarks like SCHD and Cohen & Steers REIT. I use data from the U.S. Dividend Champions spreadsheet and NASDAQ to identify companies with at least 5 years of dividend growth history.

Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Santander (SAN) or National Australia Bank Ltd. (NABZY). But which of these two companies is the best option for those looking for undervalued stocks?