Erste Group Bank Estimates Banco Santander FY2026 Earnings

Key Points

• Erste Group Bank raised its FY2026 EPS forecast for Banco Santander to $1.20 from $1.19, above the current consensus estimate of $1.16; it projects FY2027 EPS of $1.46.
• Santander’s latest quarterly results were mixed: EPS of $0.27 missed estimates by $0.02, while revenue of $17.93 billion slightly exceeded expectations. The bank reported a 12.43% return on equity and a 26.94% net margin.
• The stock rose 0.1% to $14.69 and carries a “Moderate Buy” consensus rating, with six Buy, three Hold, and one Sell rating; institutional investors own 9.19% of shares.

Banco Santander, S.A. (NYSE:SAN - Free Report) - Equities research analysts at Erste Group Bank increased their FY2026 earnings per share estimates for shares of Banco Santander in a research note issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now anticipates that the bank will post earnings of $1.20 per share for the year, up from their prior forecast of $1.19. The consensus estimate for Banco Santander's current full-year earnings is $1.16 per share. Erste Group Bank also issued estimates for Banco Santander's FY2027 earnings at $1.46 EPS.

Banco Santander (NYSE:SAN - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $17.93 billion for the quarter, compared to the consensus estimate of $17.90 billion. Banco Santander had a return on equity of 12.43% and a net margin of 26.94%.

A number of other research firms also recently weighed in on SAN. Weiss Ratings downgraded shares of Banco Santander from a "buy (a-)" rating to a "buy (b+)" rating in a research report on Wednesday, July 29th. Wall Street Zen cut shares of Banco Santander from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. Finally, Santander restated a "buy" rating on shares of Banco Santander in a report on Tuesday, June 23rd. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Banco Santander presently has a consensus rating of "Moderate Buy".

Banco Santander Stock Up 0.1%

NYSE SAN opened at $14.69 on Monday. The company has a market capitalization of $215.79 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 0.78 and a beta of 0.73. Banco Santander has a twelve month low of $9.31 and a twelve month high of $15.00. The stock has a fifty day simple moving average of $14.07 and a 200 day simple moving average of $12.74.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Acumen Wealth Advisors LLC raised its position in Banco Santander by 117.9% in the first quarter. Acumen Wealth Advisors LLC now owns 2,308 shares of the bank's stock worth $26,000 after acquiring an additional 1,249 shares during the period. Whipplewood Advisors LLC purchased a new position in Banco Santander in the first quarter valued at approximately $28,000. Cullen Frost Bankers Inc. bought a new position in Banco Santander during the fourth quarter valued at $34,000. Financial Management Professionals Inc. increased its position in Banco Santander by 151.1% in the second quarter. Financial Management Professionals Inc. now owns 2,471 shares of the bank's stock worth $34,000 after buying an additional 1,487 shares during the last quarter. Finally, Compass Financial Management LLC purchased a new stake in Banco Santander during the second quarter valued at about $34,000. Hedge funds and other institutional investors own 9.19% of the company's stock.

About Banco Santander

Banco Santander, SA NYSE: SAN is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe's largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group's core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.

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