Banco Santander FY2026 EPS Forecast Cut by Erste Group Bank

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

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

Other analysts have also recently issued research reports about the company. Weiss Ratings raised Banco Santander from a “buy (b+)” rating to a “buy (a-)” rating in a report on Tuesday. Morgan Stanley upgraded shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 23rd. Santander reaffirmed a “buy” rating on shares of Banco Santander in a research note on Tuesday, June 23rd. Finally, Wall Street Zen lowered shares of Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Banco Santander has a consensus rating of “Moderate Buy”.

Banco Santander Stock Down 0.7%

Banco Santander stock opened at $13.53 on Friday. The stock has a market cap of $198.67 billion, a price-to-earnings ratio of 11.18, a PEG ratio of 0.76 and a beta of 0.72. The business has a 50-day simple moving average of $12.94 and a 200 day simple moving average of $12.31. Banco Santander has a 52 week low of $8.29 and a 52 week high of $14.39.

Hedge Funds Weigh In On Banco Santander

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Nolet Wealth Management LLC increased its position in shares of Banco Santander by 20.0% during the 2nd quarter. Nolet Wealth Management LLC now owns 13,359 shares of the bank’s stock valued at $184,000 after purchasing an additional 2,226 shares during the last quarter. Fiduciary Financial Group LLC lifted its position in Banco Santander by 4.0% in the 2nd quarter. Fiduciary Financial Group LLC now owns 20,658 shares of the bank’s stock worth $285,000 after buying an additional 788 shares during the last quarter. Financial Management Professionals Inc. lifted its position in Banco Santander by 151.1% in the 2nd quarter. Financial Management Professionals Inc. now owns 2,471 shares of the bank’s stock worth $34,000 after buying an additional 1,487 shares during the last quarter. Aletheian Wealth Advisors LLC purchased a new stake in Banco Santander in the second quarter worth approximately $144,000. Finally, Valeo Financial Advisors LLC grew its position in Banco Santander by 11.8% during the second quarter. Valeo Financial Advisors LLC now owns 47,927 shares of the bank’s stock valued at $661,000 after acquiring an additional 5,056 shares during 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.