(SAN) Banco Santander - Overview
Stock: Deposits, Loans, Cards, Mortgages, Investments
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.71% |
| Yield on Cost 5y | 7.60% |
| Yield CAGR 5y | 25.39% |
| Payout Consistency | 86.0% |
| Payout Ratio | 29.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.5% |
| Relative Tail Risk | 1.74% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.60 |
| Alpha | 116.54 |
| Character TTM | |
|---|---|
| Beta | 1.000 |
| Beta Downside | 1.058 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.89% |
| CAGR/Max DD | 2.91 |
Description: SAN Banco Santander January 27, 2026
Banco Santander S.A. (NYSE: SAN) is a global diversified bank that serves individuals, SMEs, large corporates and public entities through five operating segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. Its product suite spans deposits, mortgages, consumer and auto loans, project finance, debt-capital-markets services, credit/debit cards, wealth-management, digital payments and a broad array of ancillary activities such as leasing, fintech services and renewable-energy financing.
In its most recent quarter (Q4 2025), Santander reported a net profit of €6.5 billion, a 9 % YoY increase, and a Common Equity Tier 1 (CET1) ratio of 13.2 %-above the European regulatory minimum and the group’s 2024 target of 12.5 %. The loan portfolio grew 4 % year-over-year, driven primarily by a 6 % rise in digital-consumer loan originations, while the Net Interest Margin (NIM) held at 2.1 % amid a Eurozone policy-rate environment that has risen by 150 bps since early 2024. Digital active users now exceed 30 million, reflecting a 12 % increase in mobile-banking adoption, a key sector driver as European banks compete on cost-efficient digital channels.
For a deeper quantitative assessment, you might explore the SAN valuation model on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 13.54b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 0.42 > 1.0 |
| NWC/Revenue: 339.0% < 20% (prev 297.9%; Δ 41.15% < -1%) |
| CFO/TA 0.01 > 3% & CFO 15.15b > Net Income 13.54b |
| Net Debt (461.38b) to EBITDA (17.52b): 26.34 < 3 |
| Current Ratio: 2.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.93b) vs 12m ago -2.44% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 4.06% > 50% (prev 4.39%; Δ -0.33% > 0%) |
| Interest Coverage Ratio: 1.82 > 6 (EBITDA TTM 17.52b / Interest Expense TTM 9.60b) |
Altman Z'' 1.18
| A: 0.14 (Total Current Assets 417.20b - Total Current Liabilities 162.57b) / Total Assets 1866.72b |
| B: 0.06 (Retained Earnings 104.32b / Total Assets 1866.72b) |
| C: 0.01 (EBIT TTM 17.52b / Avg Total Assets 1851.90b) |
| D: 0.04 (Book Value of Equity 73.97b / Total Liabilities 1754.02b) |
| Altman-Z'' Score: 1.18 = BB |
What is the price of SAN shares?
Over the past week, the price has changed by -0.31%, over one month by +6.54%, over three months by +23.52% and over the past year by +126.14%.
Is SAN a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the SAN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.7 | -15.5% |
| Analysts Target Price | 10.7 | -15.5% |
| ValueRay Target Price | 19.3 | 51.6% |
SAN Fundamental Data Overview February 07, 2026
P/E Forward = 11.0132
P/S = 3.6243
P/B = 1.5032
P/EG = 3.0589
Revenue TTM = 75.11b USD
EBIT TTM = 17.52b USD
EBITDA TTM = 17.52b USD
Long Term Debt = 316.62b USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 461.38b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 461.38b USD (from netDebt column, last quarter)
Enterprise Value = 642.52b USD (181.14b + Debt 461.38b - (null CCE))
Interest Coverage Ratio = 1.82 (Ebit TTM 17.52b / Interest Expense TTM 9.60b)
EV/FCF = 76.56x (Enterprise Value 642.52b / FCF TTM 8.39b)
FCF Yield = 1.31% (FCF TTM 8.39b / Enterprise Value 642.52b)
FCF Margin = 11.17% (FCF TTM 8.39b / Revenue TTM 75.11b)
Net Margin = 18.03% (Net Income TTM 13.54b / Revenue TTM 75.11b)
Gross Margin = unknown ((Revenue TTM 75.11b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.34 (Enterprise Value 642.52b / Total Assets 1866.72b)
Interest Expense / Debt = -3.36% (Interest Expense -15.53b / Debt 461.38b)
Taxrate = 23.19% (854.6m / 3.68b)
NOPAT = 13.45b (EBIT 17.52b * (1 - 23.19%))
Current Ratio = 2.57 (Total Current Assets 417.20b / Total Current Liabilities 162.57b)
Debt / Equity = 4.47 (Debt 461.38b / totalStockholderEquity, last quarter 103.13b)
Debt / EBITDA = 26.34 (Net Debt 461.38b / EBITDA 17.52b)
Debt / FCF = 54.98 (Net Debt 461.38b / FCF TTM 8.39b)
Total Stockholder Equity = 101.52b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.73% (Net Income 13.54b / Total Assets 1866.72b)
RoE = 13.34% (Net Income TTM 13.54b / Total Stockholder Equity 101.52b)
RoCE = 4.19% (EBIT 17.52b / Capital Employed (Equity 101.52b + L.T.Debt 316.62b))
RoIC = 3.23% (NOPAT 13.45b / Invested Capital 416.59b)
WACC = 0.85% (E(181.14b)/V(642.52b) * Re(9.60%) + D(461.38b)/V(642.52b) * Rd(-3.36%) * (1-Tc(0.23)))
Discount Rate = 9.60% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.92%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈5.26b ; Y1≈3.45b ; Y5≈1.58b
Fair Price DCF = N/A (negative equity: EV 50.21b - Net Debt 461.38b = -411.17b; debt exceeds intrinsic value)
EPS Correlation: 24.39 | EPS CAGR: -44.90% | SUE: -4.0 | # QB: 0
Revenue Correlation: 10.89 | Revenue CAGR: -4.34% | SUE: 2.11 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.27 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=1.08 | Chg30d=+0.001 | Revisions Net=-1 | Growth EPS=+1.3% | Growth Revenue=-0.1%
EPS next Year (2027-12-31): EPS=1.05 | Chg30d=+0.013 | Revisions Net=+1 | Growth EPS=-2.4% | Growth Revenue=+4.4%