Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time. Most Powerful Force Impacting Stock Prices As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stoc ...

I am joined here today by our CEO, Mr. Hector Grisi, and our CFO, Mr. Jose Garcia-Cantera. Following their presentations, we will open the floor for any questions you may have in the Q&A session. [Operator Instructions] Hector Grisi The main highlights of our results in the first half of 2024 are the following. Q2 was another record quarter for Santander, which shows the strength of our strategy and the resilience of our business model. Profit reached €3.2 billion, that's 20% above Q2 '23, even after the im ...

€213bn €1,070mn | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------|----------------|-------|-------------------|-------|----------------------|-------|-------------|-------|-------------|-------|------------------------------|-------|----------|-------| | | | | | | | | | | | | | | | | | | Total | | Retail deposits | | Operating expenses / | | | | | | Operational leverage Revenue | | | | | | customers (mn) | | cost-to-serve (%) | | ANEAs (%) | | Revenue | | ...

Banco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil. The bank's ratios also firmed, with its fully-loaded CET1 ratio (a measure of a bank's solvency) up from 12.3% in the March quarter to 12.5% in the three months to June. Santander now expects revenues will hit high-single digit growth, from a previously forecast mid-single digit expansion. Pre-tax profit ...

Many analysts and investors were dubious of my over 2-year endorsement and recommendation/rating of Santander (NYSE:SAN) as an investment. I say value, if invested in properly, comes to those who wait - and indeed, that is what I believe that we are seeing here. The company is now showing S&P500-beating averages and trends, and my position in this bank is now not only firmly in the green but outperforming overall. The company's trajectory is expected to be positive, supported by improved fundamentals and ea ...

Investors will also notice that SAN has a PEG ratio of 0.41. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. SAN's PEG compares to its industry's average PEG of 0.65. Over the past 52 weeks, SAN's PEG has been as high as 0.49 and as low as 0.28, with a median of 0.35. Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we ...

FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of July, 2024 Commission File Number: 001-12518 Banco Santander, S.A. (Exact name of registrant as specified in its charter) Ciudad Grupo Santander 28660 Boadilla del Monte (Madrid) Spain (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus ...

Banco Santander (SAN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the nearterm price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relations ...

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. SAN currently has a forward P/E rati ...