Banco Santander: Record H1 Results Met With A Cheaper Valuation

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 ...