Erste Group Bank Forecasts Banco Santander FY2026 Earnings

Banco Santander, S.A. (NYSE:SAN) – Analysts at Erste Group Bank reduced their FY2026 EPS estimates for shares of Banco Santander in a research note issued to investors on Friday, October 30th. Erste Group Bank analyst H. Engel now expects that the bank will earn $1.14 per share for the year, down from their previous forecast of $1.16. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Banco Santander’s current full-year earnings is $1.21 per share. Erste Group Bank also issued estimates for Banco Santander’s FY2027 earnings at $1.38 EPS.

A number of other research analysts have also recently commented on SAN. Mediobanca reiterated an “outperform” rating on shares of Banco Santander in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Banco Santander in a research report on Monday, July 27th. Barclays reiterated a “buy” rating on shares of Banco Santander in a research report on Tuesday, July 14th. Royal Bank Of Canada reissued a “buy” rating on shares of Banco Santander in a research note on Tuesday, July 28th. Finally, Wall Street Zen cut Banco Santander from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.10.

Banco Santander Price Performance

Shares of Banco Santander stock opened at $11.36 on Wednesday. The company’s 50 day moving average price is $13.77 and its two-hundred day moving average price is $12.94. The firm has a market capitalization of $166.80 billion, a P/E ratio of 9.23, a P/E/G ratio of 0.56 and a beta of 0.78. Banco Santander has a fifty-two week low of $9.96 and a fifty-two week high of $15.05.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Banco Santander by 118.9% during the first quarter. Bank of America Corp DE now owns 11,413,194 shares of the bank’s stock worth $128,741,000 after buying an additional 6,198,828 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of Banco Santander by 37.9% during the first quarter. Quantinno Capital Management LP now owns 2,566,939 shares of the bank’s stock worth $28,955,000 after acquiring an additional 705,034 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Banco Santander by 32.1% during 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 in the last quarter. Sei Investments Co. increased its holdings in Banco Santander by 18.3% during the 1st 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. Finally, Cetera Investment Advisers raised its stake in shares of Banco Santander by 9.2% in the first quarter. Cetera Investment Advisers now owns 703,998 shares of the bank’s stock worth $7,941,000 after purchasing an additional 59,304 shares during the last quarter. Institutional investors own 9.19% of the company’s stock.

Banco Santander Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, November 5th. Investors of record on Friday, October 30th will be issued a $0.1439 dividend. The ex-dividend date is Friday, October 30th. This represents a yield of 257.0%. Banco Santander’s dividend payout ratio is presently 17.07%.

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.