Erste Group Bank Forecasts Banco Santander FY2026 Earnings

Banco Santander, S.A. (NYSE:SAN) – Analysts at Erste Group Bank dropped their FY2026 EPS estimates for Banco Santander in a report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the bank will post earnings per share of $1.19 for the year, down from their prior estimate of $1.20. The consensus estimate for Banco Santander’s current full-year earnings is $1.25 per share. Erste Group Bank also issued estimates for Banco Santander’s FY2027 earnings at $1.43 EPS.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen cut Banco Santander from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Santander reiterated a “buy” rating on shares of Banco Santander in a research note on Tuesday, June 23rd. Finally, Weiss Ratings lowered shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Banco Santander Trading Down 0.8%

Shares of NYSE SAN opened at $14.62 on Monday. Banco Santander has a 12-month low of $9.62 and a 12-month high of $15.05. The stock’s fifty day simple moving average is $14.31 and its two-hundred day simple moving average is $12.93. The stock has a market capitalization of $214.83 billion, a PE ratio of 11.89, a price-to-earnings-growth ratio of 0.73 and a beta of 0.74.

Banco Santander (NYSE:SAN) last issued its quarterly earnings data on Wednesday, July 22nd. The bank reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The business had revenue of $17.93 billion for the quarter, compared to analysts’ expectations of $17.90 billion. Banco Santander had a net margin of 26.94% and a return on equity of 12.43%.

Hedge Funds Weigh In On Banco Santander

Hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC lifted its holdings in shares of Banco Santander by 3.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 31,581 shares of the bank’s stock valued at $436,000 after buying an additional 1,184 shares during the period. RFG Advisory LLC acquired a new stake in Banco Santander during the second quarter worth about $152,000. NewEdge Advisors LLC raised its position in Banco Santander by 11.9% during the second quarter. NewEdge Advisors LLC now owns 135,620 shares of the bank’s stock valued at $1,872,000 after acquiring an additional 14,445 shares in the last quarter. Baird Financial Group Inc. acquired a new position in Banco Santander in the second quarter valued at approximately $351,000. Finally, West Family Investments Inc. boosted its position in Banco Santander by 119.3% in the 2nd quarter. West Family Investments Inc. now owns 66,897 shares of the bank’s stock worth $923,000 after purchasing an additional 36,396 shares in the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Trending Headlines about Banco Santander

Here are the key news stories impacting Banco Santander this week:

• Positive Sentiment: Significant risk-transfer activity could improve capital efficiency. Banco Santander, BBVA and Deutsche Bank are reportedly working on several significant risk-transfer (SRT) transactions. These deals can allow banks to reduce credit exposure and optimize regulatory capital, potentially supporting Santander’s returns and lending capacity. Banco Santander, BBVA, Deutsche Bank Working on Several Significant Risk Transfer Deals
• Positive Sentiment: Analyst commentary remains bullish on the long-term thesis. Coverage highlights Santander’s record profits, rising net interest income, expanding customer base, technology integration and efficiency initiatives. The bank’s ONE transformation and potential operational improvements are cited as possible drivers toward a 20% return on tangible equity by 2028. Banco Santander: A High-ROTE Behemoth Hidden In Plain Sight
• Positive Sentiment: Short interest has declined sharply. Reported short interest in Banco Santander fell by 51.3%, reducing evidence of bearish positioning and potentially limiting short-selling pressure on SAN. Short Interest in Banco Santander, S.A. Drops By 51.3%
• Neutral Sentiment: Articles discussing Santander’s dividend yield and daily trading provide context for income-focused investors but do not announce a new dividend change or policy decision. Banco Santander Dividend Coverage
• Neutral Sentiment: Reports on Santander’s art collection and the opening of Faro Santander highlight the bank’s cultural initiatives but have limited near-term earnings relevance. Banco Santander opens its vaults
• Neutral Sentiment: Erste Group’s FY2026 earnings forecast indicates continued analyst monitoring, but the available report does not provide enough detail to assess whether the estimate is above or below consensus. Erste Group Bank Forecasts Banco Santander FY2026 Earnings

About Banco Santander

Banco Santander, SA is a global banking group headquartered in Santander, Spain. Founded in 1857, the company provides financial products and services to individuals, businesses, institutions and governments through its banking operations in Europe, North America and South America.

Its principal activities include retail and commercial banking, consumer finance, corporate and investment banking, private banking, asset management, insurance and payment services. Santander offers products such as current and savings accounts, mortgages, personal loans, credit cards, business financing, investment products and digital banking services.

The group operates through established franchises in markets including Spain, the United Kingdom, Portugal, Poland, Brazil, Mexico, Chile, Argentina and the United States.