SAN Stock Recent News

Santander Consumer Finance (SCF) plans to expand its presence in the U.K. leasing sector after acquiring full-service fleet management company CLM Fleet Management.

A second major mortgage lender has started to withdraw its cheapest products in a sign that the recent price war among lenders might be ending. Santander UK said eight five-year fixed-term products will be temporarily withdrawn from 10 pm tonight.

BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”) today announced new findings from a survey that shows while middle-income Americans remain optimistic about their financial futures, they continue to navigate inflationary pressures and recession concerns. More consumers (81%) consider inflation a major concern in Q3, and 86% say it has impacted their daily lives. Despite this trend, consumers remain resilient. Most middle-income Americans (76%) say they have remained curren.

OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.

DALLAS--(BUSINESS WIRE)--Santander Consumer USA Inc. (“Santander Consumer”) and the Santander Consumer USA Inc. Foundation (“SC Foundation”) today announced a grant of up to $500,000 for City Year Dallas, a long-term SC Foundation grantee, aimed at supporting education and youth development in the Dallas community. This grant includes $200,000 in direct funding, with an additional $300,000 available in matching funds to encourage outside contributions. The grant, covering the period from July 1.

Investors interested in Banks - Foreign stocks are likely familiar with Banco Santander (SAN) and National Australia Bank Ltd. (NABZY). But which of these two stocks offers value investors a better bang for their buck right now?

Including high dividend yield companies in your investment portfolio ensures that you can reach an elevated Weighted Average Dividend Yield with your investment portfolio right from the start. From my list of 10 high dividend yield companies to consider investing in for September 2024, I have selected my two top choices, which I will present in today's article. Chevron and Banco Santander can be excellent additions to your portfolio, given their attractive valuations, positive growth outlook, and their ability to combine dividend income and dividend growth.

Banco Santander (SAN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Most European bank stocks have pulled back in the past few weeks as the spectacular rally experienced earlier this year eased. In Spain, Banco Santander stock was trading at €4.25 on Wednesday, down by 13.6% from its highest point this year.

Spanish banker Ana Botin set about transforming Santander , a sprawling, acquisition-obsessed and fragmented lender into a leaner, simpler global bank as soon as her father's sudden death thrust her into the role.