FY2026 EPS Estimates for Banco Santander Reduced by Analyst

Key Points

• Erste Group Bank lowered Banco Santander’s FY2026 EPS forecast to $1.19 from $1.20, below the broader consensus estimate of $1.25; its FY2027 forecast is $1.43 per share.
• Banco Santander’s latest quarter fell short on earnings, reporting $0.27 EPS versus the $0.29 consensus, while revenue of $17.93 billion slightly exceeded expectations.
• The stock opened at $14.93 and remains broadly favored by analysts, with six Buy, three Hold, and one Sell rating, resulting in a “Moderate Buy” consensus.

Banco Santander, S.A. (NYSE:SAN - Free Report) - Equities researchers at Erste Group Bank dropped their FY2026 EPS estimates for shares of Banco Santander in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the bank will post earnings of $1.19 per share for the year, down from their previous estimate of $1.20. The consensus estimate for Banco Santander's current full-year earnings is $1.25 per share. Erste Group Bank also issued estimates for Banco Santander's FY2027 earnings at $1.43 EPS.

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

Several other equities analysts have also recently issued reports on SAN. Wall Street Zen cut shares of Banco Santander from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. Weiss Ratings lowered Banco Santander from a "buy (a-)" rating to a "buy (b+)" rating in a research note on Wednesday, July 29th. Finally, Santander reissued a "buy" rating on shares of Banco Santander in a research report on Tuesday, June 23rd. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Banco Santander Trading Down 0.2%

Banco Santander stock opened at $14.93 on Monday. The stock has a 50-day moving average price of $14.29 and a two-hundred day moving average price of $12.91. The company has a market capitalization of $219.28 billion, a PE ratio of 12.14, a P/E/G ratio of 0.74 and a beta of 0.74. Banco Santander has a 12 month low of $9.62 and a 12 month high of $15.05.

Hedge Funds Weigh In On Banco Santander

Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position in Banco Santander by 77.4% in the first quarter. AQR Capital Management LLC now owns 419,635 shares of the bank's stock worth $2,812,000 after buying an additional 183,051 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in Banco Santander by 3.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 71,990 shares of the bank's stock worth $482,000 after purchasing an additional 2,566 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Banco Santander by 271.2% in the first quarter. Jones Financial Companies Lllp now owns 10,276 shares of the bank's stock worth $69,000 after buying an additional 7,508 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Banco Santander by 65.3% during the 1st quarter. Focus Partners Wealth now owns 71,169 shares of the bank's stock valued at $477,000 after acquiring an additional 28,107 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Banco Santander during the first quarter valued at approximately $601,000. Institutional investors own 9.19% of the company's stock.

About Banco Santander

Banco Santander, SA is a global banking group headquartered in Santander, Spain. Founded in 1857, the company provides financial products and services to individuals, businesses, institutions and governments through its banking operations in Europe, North America and South America.

Its principal activities include retail and commercial banking, consumer finance, corporate and investment banking, private banking, asset management, insurance and payment services. Santander offers products such as current and savings accounts, mortgages, personal loans, credit cards, business financing, investment products and digital banking services.

The group operates through established franchises in markets including Spain, the United Kingdom, Portugal, Poland, Brazil, Mexico, Chile, Argentina and the United States.

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