Banco Santander logged a 2.9% change during today's morning session, and is now trading at a price of $9.64 per share.
Banco Santander returned gains of 88.9% last year, with its stock price reaching a high of $9.82 and a low of $4.43. Over the same period, the stock outperformed the S&P 500 index by 73.0%. More recently, the company's 50-day average price was $8.79. Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. Based in Madrid, Spain, the Large-Cap Finance company has 204,330 full time employees. Banco Santander has returned a 1.2% dividend yield over the last 12 months, but this may not be sustainable seen that the company has a choppy cash flow record.
The Firm Has Good EPS Growth:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $39,338 | $35,368 | $31,833 | $42,984 | $59,700 | n/a |
| Interest Income (M) | $21,502 | $13,747 | $13,093 | $32,811 | $61,991 | $66,067 |
| Net Income (M) | $8,116 | -$7,708 | $9,653 | $10,764 | $12,183 | $13,744 |
| Depreciation & Amort. (M) | $3,001 | $2,810 | $2,756 | $2,985 | $3,184 | $3,294 |
| Diluted Shares (M) | 16,618 | 17,341 | 17,341 | 16,794 | 16,184 | 15,152 |
| Earnings Per Share | $0.35 | -$0.54 | $0.44 | $0.54 | $0.65 | $0.77 |
| EPS Growth | n/a | -254.29% | 181.48% | 22.73% | 20.37% | 18.46% |
| Free Cash Flow (M) | $3,389 | $66,153 | $56,691 | $27,706 | $5,015 | -$24,155 |
Banco Santander's Valuation Is in Line With Its Sector Averages:
Banco Santander has a trailing twelve month P/E ratio of 9.3, compared to an average of 15.92 for the Finance sector. Based on its EPS guidance of $0.79, the company has a forward P/E ratio of 11.1. The 12.3% compound average growth rate of Banco Santander's historical and projected earnings per share yields a PEG ratio of 0.75. This suggests that its shares are undervalued. Additionally, the market is possibly undervaluing Banco Santander in terms of its equity because its P/B ratio is 1.45 whereas the sector average is 1.78. The company's shares are currently trading -13.0% above their Graham number.
Banco Santander Has a Small Amount of Insider Shareholders:
Banco Santander has a very low short interest because 0.1% of the company's shares are sold short. Institutions own 2.8% of the company's shares, and the insider ownership rate stands at 0.0%, suggesting a small amount of insider investors. The largest shareholder is Fisher Asset Management, LLC, whose 1% stake in the company is worth $1,133,587,662.
