SAN
Banco Santander: Q2 Earnings Snapshot
Article Summary
HOLD- ADR (NYSE: SAN) reported net income of $4.09 billion in its second quarter, with earnings of 27 cents per share.
- The Madrid-based bank posted revenue of $18.23 billion in the period, with revenue net of interest expense topping Street forecasts.
- The financial holding company posted earnings of $3.99 per share, with net income reaching $4 billion, beating expectations by 1 cent.
- ADR posted net revenue of nearly $18 billion, exceeding expectations by $1 billion.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -14.5% | 25% | 0.0 ptsDeclining (-14.5%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 15.8% | 25% | 50.0 ptsMeets Minimum (15.8%) - Passes screener |
| Target Price Upside ? | 8.0% | 20% | 35.0 ptsBelow Screener (8.0%) - Target: $14.91 vs Current: $13.80 |
| Gross Margin % ? | — | 15% | 40.0 ptsNo Gross Margin Data |
| Drawdown from 52-Wk High ? | -4.1% | 15% | 20.0 ptsBarely a Dip (-4.1%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About SAN
- Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.
- The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments.
- It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.
- The company also provides credit and debit cards, real estate loans, microfinance, and auto loans; corporate and investment banking services; advice on mergers and acquisitions; wealth, asset, and risk management services; and digital payments and technology solutions.
- In addition, it is involved in the securitization, leasing, management of portfolios, e-commerce, air transport, aircraft rental, software, consulting, fund and investment management, renewable energy, vehicle rental, insurance, advertising, marketing, telemarketing, automotive, agricultural, factoring, securities brokerage and investment, pension fund management, trade intermediary, venture capital fund, renting, restaurant, electricity production, IT, internet, and financial advisory and other activities; management, and other real estate activities; and purchase and sale of vehicles.
- Further, the company offers mobile and online banking services.
- Banco Santander, S.A. was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007.
- The company was incorporated in 1856 and is headquartered in Madrid, Spain.