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SA

NASDAQ · SAN

Banco Santander, S.A.

Financial Services · Banks - Diversified

$13.83

Down-$0.33 (-2.35%)

Updated Oct 1, 2026, 1:52 PM

SID Score

7.5/10

Composite research score

Smart Money

54/100

Neutral

Market cap
170.85B
P/E ratio
10.74
Dividend yield
1.59%
52-week range
$9.62 – $15.05
Volume
6.47M
Avg. volume
3.39M

Price performance · SAN

SAN price history

1M range · 20 trading sessions · Daily adjusted prices

Prices through Sep 30, 2026

SAN closed at $13.83 after 20 trading sessions, down 6.24% for the selected period.

Last close
$13.83
Period change
-6.24%
Period low
$13.83
Period high
$15.05
Daily close
View OHLC price history
SAN OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 30, 2026$14.04$14.085$13.81$13.836.47M
Sep 29, 2026$14.235$14.235$14.07$14.196.07M
Sep 28, 2026$14.23$14.375$14.14$14.228.12M
Sep 25, 2026$14.37$14.455$14.235$14.428M
Sep 24, 2026$14.30$14.365$14.155$14.288.73M
Sep 23, 2026$14.45$14.45$14.19$14.207.44M
Sep 22, 2026$14.68$14.71$14.43$14.498.73M
Sep 21, 2026$14.59$14.64$14.53$14.626.23M
Sep 18, 2026$14.42$14.46$14.30$14.315.25M
Sep 17, 2026$14.77$14.85$14.685$14.826.81M
Sep 16, 2026$14.57$14.695$14.30$14.406.21M
Sep 15, 2026$14.68$14.71$14.54$14.656.85M
Sep 14, 2026$14.61$14.8099$14.5392$14.749.66M
Sep 11, 2026$14.90$14.96$14.785$14.966.58M
Sep 10, 2026$14.58$14.70$14.565$14.636.34M
Sep 9, 2026$14.59$14.715$14.54$14.686.01M
Sep 8, 2026$14.95$14.99$14.845$14.866.49M
Sep 4, 2026$14.90$14.97$14.86$14.938.28M
Sep 3, 2026$14.92$15.05$14.85$15.058.79M
Sep 2, 2026$14.70$14.755$14.645$14.758.68M

Latest SAN news

The latest Smart Investors Daily articles mentioning SAN.

SAN research

Overview

Company profile and research snapshot.

Company profile

Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's UK presence is the result of its acquisition of Abbey building society. In the US, Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$3.00
Implied upside
—
Analysts
13
SAN recent ratings
DateFirmRatingTarget
Sep 23, 2026ROTHSCHILD & CO REDBURNNeutral—
Sep 9, 2026ODDO BHFBuy—
Sep 7, 2026ALANTRA EQUITIESBuy—
Sep 3, 2026BESTINVER SECURITIESBuy—
Aug 31, 2026INTESA SANPAOLO EQUITY RESEARCHBuy—
Open full forecast

News briefing

Generated Oct 1, 2026, 1:23 PM

Why Is SAN Down Today?

Banco Santander shares declined 2.54% today as part of a broader selloff in European equities trading as American Depositary Receipts (ADRs) in Wednesday's session. The weakness appears tied to structural headwinds facing traditional European banks rather than company-specific catalysts, with competitive pressures emerging from unexpected quarters.

    Bottom line: Banco Santander's decline today reflects sector-wide pressures from competitive innovation and regulatory shifts rather than company-specific deterioration, with European banks collectively facing margin compression from emerging alternatives. Investors should monitor how Santander responds to ETF competition from peers and how WTO trade finance rule changes impact this important revenue stream. The stock's weakness may present a buying opportunity for long-term investors if the company successfully navigates these structural challenges.

    AI research layers

    Interpretive context generated from the platform’s current data sources.

    Banco Santander Stock Performance

    Banco Santander, S.A. (SAN) shares closed at $13.83, reflecting a 3.27% decline over the past month while maintaining a robust 36.71% gain over the trailing twelve months, per SID market data. The stock currently trades below its 50-day moving average of $14.43, indicating near-term selling pressure, but remains well above its 200-day moving average of $12.80, which confirms the longer-term uptrend remains intact. The 14-day relative strength index stands at 42.0, placing the stock in neutral-to-slightly-oversold territory and suggesting potential stabilization ahead. Average daily trading volume registers at approximately 3.39 million shares, according to Massive/Polygon data. Banco Santander carries a beta of 0.959, indicating its price movements closely track the broader market with marginally lower volatility. The company's market capitalization stands at approximately $170.85 billion, positioning it among the largest global banking institutions by market value.

    Banco Santander Valuation Analysis

    Banco Santander trades at a price-to-earnings ratio of 10.74, which remains consistent with typical valuations in the Financial Services sector, per SID market data. The price-to-book ratio stands at 1.44, suggesting the market values the bank at a moderate premium to its net asset value. The PEG ratio of 2.25 indicates that the stock's earnings multiple is elevated relative to its projected growth rate, per SEC filings and consensus estimates. Banco Santander offers a dividend yield of approximately 1.86%, providing shareholders with a steady income component alongside capital appreciation. Despite the one-month pullback, the valuation metrics reflect a bank that has re-rated significantly over the past year, with the 36.71% annual price gain compressing the relative discount the stock historically carried versus global banking peers. The current valuation profile positions Santander as fairly priced within its sector framework based on available fundamental data.

    Smart Money Activity for SAN

    Banco Santander's composite smart money score stands at 54 out of 100, generating a Neutral signal according to SID market data. Institutional activity represents the strongest component, scoring 21.5 out of 25, indicating significant engagement from large asset managers and fund complexes in accumulating or maintaining positions in the stock, per 13F institutional filings. Insider activity scores 12.5 out of 25, reflecting a moderate level of transactions by company executives and directors as reported in SEC Form 4 filings. Dark pool trading activity registers at 8.5 out of 25, suggesting below-average off-exchange block trading volumes relative to historical norms. Congressional trading interest scores 12.0 out of 25, indicating middling activity from disclosed legislative portfolios. The divergence between the high institutional score and lower dark pool activity may reflect that large holders are primarily executing through public exchanges rather than alternative trading systems. Overall, the neutral composite reading suggests no decisive directional conviction among sophisticated market participants at current price levels.

    Banco Santander Earnings Outlook

    Banco Santander's most recently reported quarter showed actual earnings of $0.29 per share, according to company earnings reports. Looking ahead, analyst estimates project earnings of $0.28 per share for the upcoming reporting period with results expected on May 4, 2026, while the subsequent quarter carries an estimate of $0.31 per share for the period reporting on October 28, 2026, per analyst estimates. The sequential increase from $0.28 to $0.31 in estimated earnings represents approximately 10.7% projected quarter-over-quarter growth, reflecting expectations of continued profitability expansion. The bank's earnings trajectory aligns with broader European banking sector tailwinds driven by sustained interest rate environments and cost discipline initiatives. Additional quarterly reporting dates are scheduled for July 22 and July 29, 2026, though specific estimates for those periods have not yet been published. Investors will monitor upcoming results closely for confirmation that the earnings growth implied by current estimates materializes.

    Wall Street Analyst Ratings for SAN

    Wall Street analyst sentiment on Banco Santander remains predominantly constructive, with four of the five most recent ratings carrying a Buy recommendation, per Wall Street analyst reports. On September 7, 2026, Alantra Equities upgraded SAN from Neutral to Buy, representing the sole rating change among recent coverage actions. ODDO BHF, Bestinver Securities, and Intesa Sanpaolo Equity Research each reiterated their Buy ratings on September 9, September 3, and August 31, respectively, reinforcing broad consensus confidence. Rothschild & Co Redburn maintained its Neutral stance on September 23, 2026, standing as the lone non-bullish voice among recent analyst actions. According to SID consensus data, the prevailing analyst view reflects expectations that Santander's fundamental positioning within European banking remains favorable. The clustering of maintained Buy ratings suggests that the recent 3.27% monthly decline has not altered the fundamental thesis supporting coverage analysts' positive outlook, with the stock's 36.71% annual return validating prior bullish calls.