Santander’s digital banking platform, Openbank, is now officially live in the United States.According to a Monday (Oct. 21) press release, the launch marks a significant expansion of Santander’s U.S. consumer banking operations beyond the Northeast, enabling the bank to serve customers nationwide.Openbank features an onboarding process that can be completed in as little as five minutes via the Openbank app or website, per the release.Built on proprietary technology, Openbank integrates core banking infrastr ...

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 September, 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 of ice) Indicate by check mark whether the registrant files or will file annual reports under cover of Form ...

Investors interested in Banks - Foreign stocks are likely familiar with Banco Santander (SAN) and National Australia Bank Ltd. (NABZY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision tr ...

Banco Santander (SAN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individua ...

tander World photo/iStock Editorial via Getty Images This has been a slightly frustrating few months for investors in Banco Santander (NYSE:SAN), whose shares have underperformed broader European financials (EUFN) by around ten points since my last update in April. Frustrating beause, at the business level at least, Santander has continued its fine start to 2024, posting resord half- year figures throughout its income statement. VAL Banco Santander SA (SAN) Total Return -8.13% iShares MSCI Europe Financials ...

Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Santander (SAN) or Sumitomo Mitsui (SMFG) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Right now, both Banco Santander and Sumitomo Mitsui are sporting a Zacks Rank of # 1 (Strong Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that both of these compan ...

Banco Santander Brasil (NYSE:BSBR) reported earnings today. After the challenges of 2022 and 2023, results continued to show improvement across most fronts. This article covers the company's 2Q24 results and earnings call. It also introduces the company from my perspective, and my thesis on its main competition challenges. Overall, I believe the stock is an opportunity at these prices, given the expected earnings and growth yields of the company. The younger brother of the big five: Santander Brasil is one ...

i The Property The Property the New H F H The Proper I F Lux Blue Santander Brasil Results Update in 2Q24 A note for the reader is that the company releases its numbers in Brazilian Reais (BRL), so I will use the documents that the company released but convert them to dollars using the ratio of 1 USD = 5.59 BRL, which was the exchange rate on the last day of June. The loan portfolio expanded 1.8% QoQ and 7.8% YoY, reaching BRL 665 billion ($119 billion). | --- | --- | --- | --- | --- | --- | |-------------- ...

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 ...