US Bancorp DE Buys 89,253 Shares of Banco Santander, S.A. $SAN

Key Points

• US Bancorp DE increased its stake in Banco Santander by 14.3%, adding 89,253 shares to hold 713,050 shares worth about $8.36 million, per its latest 13F filing.
• Santander completed the TSB takeover and reported a record underlying Q1 profit, but it missed quarterly EPS ( $0.27 vs. $0.29 expected ) and slightly missed revenue estimates.
• Analyst sentiment has trended positive with several upgrades and a consensus rating of Moderate Buy (1 Strong Buy, 6 Buy, 3 Hold, 1 Sell), and the bank declared a dividend of $0.1473 per share with an ex-dividend date of May 4.

US Bancorp DE increased its holdings in Banco Santander, S.A. (NYSE:SAN - Free Report) by 14.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 713,050 shares of the bank's stock after purchasing an additional 89,253 shares during the period. US Bancorp DE's holdings in Banco Santander were worth $8,364,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. West Family Investments Inc. lifted its holdings in Banco Santander by 2.0% in the 3rd quarter. West Family Investments Inc. now owns 49,186 shares of the bank's stock worth $515,000 after purchasing an additional 965 shares in the last quarter. Riversedge Advisors LLC lifted its holdings in Banco Santander by 3.5% in the 4th quarter. Riversedge Advisors LLC now owns 29,426 shares of the bank's stock worth $345,000 after purchasing an additional 987 shares in the last quarter. Stratos Investment Management LLC lifted its holdings in Banco Santander by 6.3% in the 4th quarter. Stratos Investment Management LLC now owns 16,870 shares of the bank's stock worth $198,000 after purchasing an additional 1,005 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Banco Santander by 5.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 19,756 shares of the bank's stock worth $207,000 after purchasing an additional 1,036 shares in the last quarter. Finally, Foster Group Inc. lifted its holdings in Banco Santander by 5.3% in the 4th quarter. Foster Group Inc. now owns 21,094 shares of the bank's stock worth $247,000 after purchasing an additional 1,057 shares in the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SAN. Kepler Capital Markets raised Banco Santander from a "hold" rating to a "buy" rating in a report on Tuesday, January 13th. Santander reissued an "overweight" rating on shares of Banco Santander in a report on Thursday. Royal Bank Of Canada raised Banco Santander from a "sector perform" rating to an "outperform" rating in a report on Monday, February 23rd. Wall Street Zen raised Banco Santander from a "hold" rating to a "buy" rating in a report on Sunday, April 26th. Finally, Barclays cut Banco Santander from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Banco Santander currently has a consensus rating of "Moderate Buy".

Banco Santander Price Performance

Shares of SAN opened at $12.08 on Monday. The stock has a market capitalization of $177.51 billion, a price-to-earnings ratio of 9.99, a price-to-earnings-growth ratio of 0.68 and a beta of 0.73. Banco Santander, S.A. has a 1 year low of $7.07 and a 1 year high of $13.24. The business's 50 day simple moving average is $11.72 and its 200-day simple moving average is $11.48.

Banco Santander (NYSE:SAN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $17.53 billion for the quarter, compared to analysts' expectations of $17.66 billion. Banco Santander had a return on equity of 12.23% and a net margin of 26.92%. On average, sell-side analysts expect that Banco Santander, S.A. will post 1.12 earnings per share for the current year.

Banco Santander Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, May 8th. Stockholders of record on Monday, May 4th will be given a dividend of $0.1473 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a dividend yield of 244.0%. Banco Santander's payout ratio is currently 15.70%.

Banco Santander News Summary

Here are the key news stories impacting Banco Santander this week:

• Positive Sentiment: Santander completed the takeover of TSB, gaining a much bigger UK retail footprint and scale on the high street. Santander completes £2.65B takeover of TSB Sabadell sells TSB to Banco Santander for €3.3bn
• Positive Sentiment: Santander reported a record underlying Q1 profit and reaffirmed targets, supporting its operational story and capital generation. Santander reports record Q1 profit, reaffirms targets
• Positive Sentiment: Analysts are revising upwards — Erste Group raised FY2027 earnings estimates for Santander, which supports forward EPS expectations (estimate lift to $1.40 from $1.37).
• Positive Sentiment: Santander is increasing its strategic fintech exposure by investing in Ebury ( ~£50m ), and participating in wider funding rounds — this expands international payments capabilities. Santander to invest $67 mln in Ebury
• Neutral Sentiment: Some coverage remains constructive but watchful — Barclays reiterated a Buy on Santander, which supports investor interest but may already be priced in. Barclays Remains a Buy on Banco Santander (BNC)
• Neutral Sentiment: Santander flagged limits around non‑IFRS and ESG metrics in its Q1 presentation — useful context for analysts but not an immediate earnings driver. Santander Flags Limits of Non-IFRS and ESG Metrics in 1Q 2026 Results
• Neutral Sentiment: Value/earnings-focused commentary (e.g., Zacks) argues Santander may be undervalued, which can support longer-term interest but is not an immediate catalyst. Are Investors Undervaluing Banco Santander (SAN) Right Now?
• Negative Sentiment: Santander UK is absorbing hit from a motor‑finance scandal with associated customer payouts and one‑off costs, which depress near‑term UK profits and offset some acquisition benefits. Santander UK takes profit hit from further costs of motor finance scandal

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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