Banco Santander, S.A. (SAN) Issues Earnings Results
Banco Santander, S.A. (NYSE:SAN) released its quarterly earnings data on Thursday. The bank reported $0.14 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.14, MarketWatch Earnings reports. The company had revenue of $14.39 billion for the quarter. Banco Santander, had a return on equity of 6.70% and a net margin of 14.98%.
Shares of Banco Santander, (NYSE:SAN) traded down 3.12% during trading on Friday, hitting $6.53. The stock had a trading volume of 10,864,131 shares. The stock’s 50 day moving average is $6.66 and its 200-day moving average is $6.60. The company has a market cap of $100.43 billion, a PE ratio of 12.00 and a beta of 1.38. Banco Santander, has a 12-month low of $4.40 and a 12-month high of $6.99.
A number of research firms have weighed in on SAN. BidaskClub lowered Banco Santander, from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of Banco Santander, in a research note on Tuesday, August 15th. Zacks Investment Research lowered Banco Santander, from a “buy” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, ValuEngine raised Banco Santander, from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 17th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $16.63.
Banco Santander, Company Profile
Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.
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