Truist Financial Corp Purchases 78,161 Shares of Banco Santander, S.A. $SAN

Truist Financial Corp grew its position in shares of Banco Santander, S.A. (NYSE:SAN) by 78.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 177,273 shares of the bank’s stock after buying an additional 78,161 shares during the quarter. Truist Financial Corp’s holdings in Banco Santander were worth $1,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the business. Lazard Asset Management LLC increased its position in Banco Santander by 2,038,075.5% during the second quarter. Lazard Asset Management LLC now owns 7,643,158 shares of the bank’s stock worth $63,438,000 after acquiring an additional 7,642,783 shares during the period. Chevy Chase Trust Holdings LLC grew its position in shares of Banco Santander by 22.0% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 14,482,986 shares of the bank’s stock worth $120,209,000 after purchasing an additional 2,607,392 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Banco Santander by 68.5% during the second quarter. Bank of America Corp DE now owns 4,778,086 shares of the bank’s stock worth $39,658,000 after purchasing an additional 1,942,579 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Banco Santander by 153.5% in the second quarter. Envestnet Asset Management Inc. now owns 3,001,256 shares of the bank’s stock valued at $24,910,000 after buying an additional 1,817,192 shares in the last quarter. Finally, Barometer Capital Management Inc. grew its position in Banco Santander by 5,818.8% during the second quarter. Barometer Capital Management Inc. now owns 1,757,483 shares of the bank’s stock worth $14,587,000 after buying an additional 1,727,790 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Key Stories Impacting Banco Santander

Here are the key news stories impacting Banco Santander this week:

• Positive Sentiment: Company reported record 2025 results and announced a large share buyback (≈€5.0B), boosting capital return expectations and supporting the stock. Banco Santander Delivers Record 2025 Results and Launches €5 Billion Buyback
• Positive Sentiment: Board approved a €5.03B buyback tied to the Poland sale and 2025 profits — direct shareholder capital return that typically supports the share price. Banco Santander Launches €5.03 Billion Share Buyback Tied to Poland Sale and 2025 Profits
• Positive Sentiment: Santander agreed to buy Webster Financial for about $12.3B, accelerating U.S. retail expansion and potential NII (net interest income) growth — seen as strategic M&A that can lift long-term earnings. Santander to buy Webster for $12.3B
• Positive Sentiment: Quarterly earnings beat expectations and trading volume spiked, signaling investor enthusiasm for the results and buyback/transaction news. Banco Santander (NYSE:SAN) Sees Strong Trading Volume on Better-Than-Expected Earnings
• Positive Sentiment: Settlement of Brazilian tax disputes with peers reduces contingent litigation risk and potential future charges. Itau, Santander, Citi strike deals to end Brazilian tax disputes
• Neutral Sentiment: Company launched an ESOP ADR shelf and flagged UK cost-cutting measures — structural moves that could improve shareholder returns but carry implementation uncertainty. What Banco Santander (BME:SAN)’s ESOP ADR Shelf and UK Cost Cuts Mean For Shareholders
• Neutral Sentiment: Management scheduled an analyst audioconference and published a 2025 results framework with detail on the Webster deal — useful for due diligence but contains forward-looking assumptions. Banco Santander Schedules Analyst Audioconference Accessible Online
• Negative Sentiment: Santander clarified use of non‑IFRS metrics and flagged wide-ranging risks to its outlook, and separately highlighted risks around the Webster acquisition — these disclosures may limit near-term multiple expansion as investors price in integration and accounting risks. Santander Clarifies Use of Non-IFRS Metrics and Flags Wide-Ranging Risks to Outlook

Wall Street Analyst Weigh In

Several equities analysts have weighed in on SAN shares. Zacks Research cut Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. DZ Bank cut shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 18th. The Goldman Sachs Group lowered shares of Banco Santander from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, October 16th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Santander in a report on Wednesday, January 21st. Finally, UBS Group cut shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Banco Santander Price Performance

SAN stock opened at $12.71 on Friday. The stock has a market cap of $189.19 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 0.75 and a beta of 0.72. The company has a 50 day simple moving average of $11.91 and a 200 day simple moving average of $10.57. Banco Santander, S.A. has a 1 year low of $5.54 and a 1 year high of $13.11.

Banco Santander (NYSE:SAN) last posted its earnings results on Tuesday, February 3rd. The bank reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. Banco Santander had a net margin of 18.85% and a return on equity of 12.14%. The firm had revenue of $18.90 billion for the quarter, compared to analysts’ expectations of $15.89 billion. On average, equities research analysts anticipate that Banco Santander, S.A. will post 0.83 EPS for the current fiscal year.

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.