Banco Santander (SAN) Set to Announce Earnings on Tuesday

Banco Santander (NYSE:SAN) is scheduled to be releasing its earnings data before the market opens on Tuesday, April 30th. Analysts expect Banco Santander to post earnings of $0.19 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Banco Santander (NYSE:SAN) last posted its earnings results on Tuesday, January 30th. The bank reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. Banco Santander had a net margin of 19.29% and a return on equity of 10.82%. The business had revenue of $15.67 billion for the quarter. During the same quarter in the prior year, the company earned $0.14 earnings per share. On average, analysts expect Banco Santander to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Banco Santander Stock Performance

NYSE SAN opened at $5.11 on Friday. Banco Santander has a 1 year low of $3.20 and a 1 year high of $5.17. The company has a debt-to-equity ratio of 4.24, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market capitalization of $80.87 billion, a PE ratio of 7.30, a P/E/G ratio of 0.49 and a beta of 1.22. The company’s 50 day simple moving average is $4.55 and its two-hundred day simple moving average is $4.18.

Banco Santander Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Tuesday, April 30th will be paid a $0.1027 dividend. The ex-dividend date of this dividend is Monday, April 29th. This is a boost from Banco Santander’s previous semi-annual dividend of $0.09. This represents a yield of 3.2%. Banco Santander’s dividend payout ratio is currently 17.14%.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 25th.

Banco Santander Company Profile

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.