Banco Santander
About: 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.
Employees: 208,080
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 123
8% more capital invested
Capital invested by funds: $1.85B [Q2] → $2.01B (+$151M) [Q3]
0% more funds holding
Funds holding: 392 [Q2] → 392 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 41
0.04% less ownership
Funds ownership: 2.52% [Q2] → 2.48% (-0.04%) [Q3]
12% less call options, than puts
Call options by funds: $646K | Put options by funds: $730K
Research analyst outlook
We haven’t received any recent analyst ratings for SAN.
Financial journalist opinion
Based on 8 articles about SAN published over the past 30 days
Positive
Reuters
2 days ago
Credit Agricole buys remainder of Caceis custody and asset JV from Santander
Credit Agricole agreed to buy a 30.5% stake from Spain's Santander in custody and asset servicing entity Caceis, the banks said on Thursday, in a deal that will give the French lender full control of the business.
Neutral
Business Wire
3 days ago
Santander Bank Lowers Its Prime Rate to 7.50%
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has lowered its prime rate from 7.75% to 7.50% effective December 18, 2024. Santander Bank, N.A. is one of the country's leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank's more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The.
Neutral
Business Wire
6 days ago
Telsey Advisory Group LLC announces U.S. Equity Research alliance with Santander
NEW YORK--(BUSINESS WIRE)--Telsey Advisory Group LLC (TAG) announced today that it has entered a strategic alliance with Santander's U.S. broker-dealer subsidiary Santander U.S. Capital Markets LLC. TAG is a recognized leader in the consumer sector, with an established track record, highly regarded analysts, and a clear vision for expansion. TAG, founded in 2006 by Dana Telsey, is a leading equity research firm, with a strong institutional equity sales and agency trading platform focused on the.
Negative
Proactive Investors
1 week ago
Santander, Barclays cut as mortgage rates fall for another week
Mortgages rates across the UK declined once again this week as Barclays PLC (LSE:BARC) and Banco Santander (LSE:BNC) were among those to cut. According to Moneyfacts, typical interest on a two-year fixed-rate mortgage declined from 5.4894% to 5.4685% between Monday and Friday.
Positive
PYMNTS
1 week ago
Santander Appoints PayPal Veteran Nitin Prabhu to Head Digital Consumer Bank
Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). In this role as head of one of the bank's five global businesses, Prabhu will be responsible for the auto and consumer business globally as well as its fully digital bank Openbank, Santander said in a Wednesday (Dec. 11) press release.
Neutral
Business Wire
1 week ago
Santander Goes National in the United States with Openbank, Bringing High Yield Savings Opportunities to More Americans
BOSTON--(BUSINESS WIRE)--Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans. Openbank's high yield savings account features an attractive Annual Percentage Yield (APY) of 5.00%*, no fees, low minimum deposits, and an exceptional customer experience with frictionless account opening that takes less than four minutes. With the launch of Openbank, Santander expands its addressable market.
Positive
CNBC Television
3 weeks ago
Fed will cut rates again in December, says Santander's Stephen Stanley
Stephen Stanley, Santander U.S. Capital Markets chief U.S. economist, joins 'Power Lunch' to discuss November's Federal Reserve minutes.
Positive
Reuters
3 weeks ago
Head of Santander's Portuguese arm says Novo Banco could be of interest
The Portuguese arm of Spanish banking giant Santander would consider a potential acquisition of rival Novo Banco, depending on price, Santander Totta's CEO said on Tuesday.
Negative
Proactive Investors
1 month ago
Santander UK makes £295m provision for motor finance claims
Banco Santander (LSE:BNC) has made a provision of £295 million for possible motor finance commission compensation claims. Results from the UK arm of the Spanish bank were delayed after a case on 25 October where the Court of Appeal ruled that motor dealers acting as credit brokers had acted illegally in not disclosing commissions on loans for car sales.
Negative
Reuters
1 month ago
Santander UK sets aside $375 mln to cover possible motor finance redress claims
The UK arm of Spain's Banco Santander , said on Wednesday it had set aside 295 million pounds ($375 million) to cover possible costs related to an industry-wide probe into motor finance commissions.
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