Erste Group Bank Predicts Banco Santander FY2026 Earnings

Banco Santander, S.A. (NYSE:SAN) – Investment analysts at Erste Group Bank cut their FY2026 EPS estimates for Banco Santander in a research report issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now forecasts that the bank will post earnings of $1.14 per share for the year, down from their prior estimate of $1.18. The consensus estimate for Banco Santander’s current full-year earnings is $1.16 per share. Erste Group Bank also issued estimates for Banco Santander’s FY2027 earnings at $1.41 EPS.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Wednesday, April 29th. The bank reported $0.27 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.02). The business had revenue of $17.53 billion during the quarter, compared to analyst estimates of $17.66 billion. Banco Santander had a net margin of 26.92% and a return on equity of 12.23%.

A number of other analysts also recently commented on SAN. Weiss Ratings upgraded Banco Santander from a “buy (b+)” rating to a “buy (a-)” rating in a report on Tuesday. Wall Street Zen upgraded Banco Santander from a “hold” rating to a “buy” rating in a research note on Sunday, April 26th. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 23rd. Finally, Santander reiterated a “buy” rating on shares of Banco Santander in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Santander Trading Down 1.4%

Shares of SAN stock opened at $13.62 on Friday. The firm has a 50-day moving average price of $12.92 and a 200 day moving average price of $12.30. The company has a market capitalization of $200.10 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 0.76 and a beta of 0.72. Banco Santander has a twelve month low of $8.29 and a twelve month high of $14.39.

Institutional Trading of Banco Santander

Several hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Banco Santander by 3.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,954,166 shares of the bank’s stock valued at $30,960,000 after buying an additional 95,069 shares in the last quarter. US Bancorp DE raised its position in Banco Santander by 14.3% in the 4th quarter. US Bancorp DE now owns 713,050 shares of the bank’s stock valued at $8,364,000 after purchasing an additional 89,253 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in Banco Santander during the 3rd quarter worth about $5,181,000. Teachers Retirement System of The State of Kentucky lifted its position in shares of Banco Santander by 7.7% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 4,861,360 shares of the bank’s stock worth $57,024,000 after purchasing an additional 349,000 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in Banco Santander by 4.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 8,981,872 shares of the bank’s stock worth $94,130,000 after buying an additional 376,023 shares in the last quarter. 9.19% of the stock is currently owned by hedge funds and other institutional investors.

Banco Santander Company Profile

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.