Banco Santander, S.A. (SAN) Stock Price & Analysis
Banco Santander, S.A. (SAN) closed at USD 12.9 on Thursday, October 22, 2026, down 2.93% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 13.29; the Oct 22, 2026 session ranged USD 12.82–13.03 on volume of 6,705,971 shares. Market capitalization is $186.50B, with a 52-week range of USD 9.66–15.05 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:12 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SAN.md
Key facts (SAN)
- Analysts: Buy (mean 2.33 on a 1–5 scale) (3 analysts), mean target USD 14.76 (range 13–15.7).
- Total return with dividends: 1Y +34.6% vs S&P 500 +14.9%; 5Y +294.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 0.29, revenue estimate $16.2B.
Analysts (SAN)
Consensus Buy (mean 2.33 on a 1–5 scale), 3 analysts; mean target USD 14.76 (low 13, high 15.7).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Jefferies | Downgrade | Buy → Hold |
Total return (dividends reinvested) (SAN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +34.6% | +294.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +34.8% | +31.5% |
| Volatility (annualized) | 34.0% | 33.6% |
| Max drawdown | -20.3% (Feb 2026→Mar 2026) | -38.6% (Feb 2022→Sep 2022) |
Companies that name SAN in their SEC reports
| Relationship to SAN | Company | Filing | Sentence |
|---|---|---|---|
| partner | Vista Energy, S.A.B. de C.V. (VIST) | 20-F Apr 28, 2026 | “On January 30, 2026, Vista Argentina entered into the 2026 Credit Agreement with Banco Santander, S.A.” |
| partner | CENTRAL PUERTO S.A. (CEPU) | 20-F Apr 22, 2026 | “CPCS agreed to a financing agreement with Banco Santander International for an amount of USD 40 million at an annual interest rate of” |
| partner | GRUPO FINANCIERO GALICIA SA (GGAL) | 20-F Apr 16, 2026 | “Nera, operated through Grupo Galicia's joint venture with Banco Santander S.A. (see Item 4.A—Agri Tech), offers a digital payments and financing ecosystem that provides agricultural producers with valuable information and measurement alternatives.” |
| partner | Wallbox N.V. (WBX) | 20-F Apr 9, 2026 | “As of December 31, 2025, our total loans and borrowings was €164.7 million, including €5.2 million outstanding under our loan agreement with Banco Santander, S.A. from April 2021 (as described below), €19.4 million outstanding under the BBVA Facility Agreement (as defined below) for a term loan commitment, €14.9 million under the loan agreement with Banco Santander, S.A. from December 2022 (as described below), €3…” |
| partner | SPRUCE POWER HOLDING CORP (SPRU) | 10-K Mar 31, 2026 | “In November 2024, we entered into a non-recourse credit agreement with Banco Santander, S.A., New York (the "SP5 Facility"), which provided a term loan of approximately $109.8 million, of which proceeds were used to partially fund the NJR Acquisition described above.” |
| partner | AEGON LTD. (AEG) | 20-F Mar 26, 2026 | “In Spain & Portugal, Aegon has a strategic partnership with Banco Santander to distribute life, health, and non-life insurance products through the bank's branches, with Aegon owning a 51% stake in the joint venture.” |
| partner | Banco Santander (Brasil) S.A. (BSBR) | 20-F Feb 27, 2026 | “Partnership between Banco Santander (Brasil) S.A. and Pluxee International” |
| related | BANCO SANTANDER CHILE (BSAC) | 20-F Feb 27, 2026 | “In addition to affiliates and associated entities, the Bank's "related parties" include its "key personnel" from the executive staff (members of the Bank's Board of Directors and Managers of Banco Santander-Chile and its affiliates, together with their close relatives), as well as the entities over which the key personnel could exercise significant influence or control.” |
| partner | PRINCIPAL FINANCIAL GROUP INC (PFG) | 10-K Feb 18, 2026 | “On January 19, 2026, an agreement with Banco Santander, S.A. ("Santander") was announced whereby Santander will acquire our annuities business in Chile, Principal Compañía de Seguros de Vida Chile S.A. ("Vida"), subject to regulatory approvals.” |
SAN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.29 | $0.31 | -6.5% | $16.24B | 1 |
| Next quarter (ends Dec 2026) | $0.32 | $0.32 | -0.5% | $17.21B | 1 |
| Current fiscal year (ends Dec 2026) | $1.26 | $1.36 | -7.2% | $63.94B | 2 |
| Next fiscal year (ends Dec 2027) | $1.40 | $1.23 | +14.3% | $69.45B | 2 |
Key Statistics (as of October 23, 2026 at 10:12 UTC)
| Price | USD 12.9 |
|---|---|
| Change | ▼ 2.93% (down) |
| Previous Close | USD 13.29 |
| Open | USD 12.93 |
| Day Range | USD 12.82 – 13.03 |
| 52-Week Range | USD 9.66 – 15.05 |
| Volume | 6,705,971 shares |
| Market Cap | $186.50B |
| Exchange | NYQ |
Technical Analysis (SAN)
Nexqual's technical model rates SAN "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:12 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33.04 (neutral) |
| vs SMA50 | Below (USD 14.19) |
| MACD | -0.32 (negative) |
Analyst Ratings (SAN)
Wall Street analysts rate SAN "Buy" based on 3 analysts, with a mean price target of USD 14.76 (range USD 13–15.7), per Nexqual as of October 23, 2026 at 10:12 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 14.76 |
| High Target | USD 15.7 |
| Low Target | USD 13 |
| Buy / Hold / Sell | 1 / 2 / 0 |
Earnings (SAN)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 0.29 |
| Revenue Estimate | $16.24B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.29 vs est 0.29 ▼ miss |
| 2026-03-31 | USD 0.27 vs est 0.29 ▼ miss |
| 2025-09-30 | USD 0.26 vs est 0.26 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Financials & Fundamentals (SAN)
| Total Revenue | $48.53B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +10.20% |
| Gross Margin | +0.00% |
| Operating Margin | +43.44% |
| Profit Margin | +33.46% |
| ROE | +13.11% |
| Total Cash | $315.34B |
| Total Debt | $404.83B |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Financial Health Score (SAN)
Nexqual rates Banco Santander, S.A.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:12 UTC.
| Growth | Mixed — Revenue +0.3% YoY (annual), slow |
|---|---|
| Profitability | Strong — Net margin 23% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Commercial Banks, NEC) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Commercial Banks, NEC) |
| Efficiency | Mixed — ROE 13%, ROA 0.8% |
Ownership (SAN)
| Insider Ownership | +0.00% |
|---|---|
| Institutional Ownership | +3.55% |
| Shares Outstanding | 14.46B |
| Float | 14.09B |
| Short % of Float | +0.41% |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Leadership (SAN)
Banco Santander, S.A. is led by Hector Blas Grisi Checa, Group CEO & Executive Director, per Nexqual as of October 23, 2026 at 10:12 UTC.
| Group CEO & Executive Director | Hector Blas Grisi Checa |
|---|---|
| Senior EVP & Group CFO | Jose Antonio Garcia-Cantera |
| Senior EVP and Group Chief Operating & Technology Officer | Juan Maria Olaizola Bartolome |
Major Backers & Investors (SAN)
Notable institutional backers of Banco Santander, S.A. include Morgan Stanley, Goldman Sachs, FMR, LLC, according to Nexqual as of October 23, 2026 at 10:12 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Morgan Stanley | 0.61% |
| Goldman Sachs | 0.32% |
| FMR, LLC | 0.28% |
| Fisher Asset Management, LLC | 0.23% |
| Mondrian Investment Partners Ltd | 0.13% |
| TR PRICE-Price (T.Rowe) International Core Equity Trust | 0.12% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| State Street | 0.13% |
| BlackRock | 0.12% |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TD | Toronto Dominion Bank (The) | USD 125.12 | ▲ 0.34% |
| C | Citigroup, Inc. | USD 122.51 | ▼ 1.08% |
| SMFG | Sumitomo Mitsui Financial Group | USD 24.09 | ▼ 1.75% |
| MUFG | Mitsubishi UFJ Financial Group, | USD 21.41 | ▼ 1.65% |
| WFC | Wells Fargo & Company | USD 83.01 | ▲ 0.72% |
| UBS | UBS Group AG Registered | USD 46.87 | ▼ 2.21% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:12 UTC. This page is informational and not investment advice.
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