Assetmark Inc. Purchases 287,621 Shares of Banco Santander, S.A. $SAN

Assetmark Inc. increased its position in Banco Santander, S.A. (NYSE:SAN) by 257.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 399,352 shares of the bank’s stock after purchasing an additional 287,621 shares during the period. Assetmark Inc.’s holdings in Banco Santander were worth $4,505,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Orca Wealth Management LLC lifted its position in Banco Santander by 1.4% during the fourth quarter. Orca Wealth Management LLC now owns 65,572 shares of the bank’s stock valued at $852,000 after buying an additional 894 shares during the period. Composition Wealth LLC increased its stake in shares of Banco Santander by 8.3% during the fourth quarter. Composition Wealth LLC now owns 12,442 shares of the bank’s stock valued at $146,000 after purchasing an additional 952 shares in the last quarter. Stratos Investment Management LLC increased its stake in shares of Banco Santander by 6.3% during the fourth quarter. Stratos Investment Management LLC now owns 16,870 shares of the bank’s stock valued at $198,000 after purchasing an additional 1,005 shares in the last quarter. Flputnam Investment Management Co. lifted its holdings in shares of Banco Santander by 6.1% during the fourth quarter. Flputnam Investment Management Co. now owns 17,477 shares of the bank’s stock valued at $205,000 after purchasing an additional 1,011 shares during the last quarter. Finally, Fidelis Capital Partners LLC boosted its position in shares of Banco Santander by 10.3% in the 4th quarter. Fidelis Capital Partners LLC now owns 11,253 shares of the bank’s stock worth $132,000 after purchasing an additional 1,053 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Trending Headlines about Banco Santander

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

• Positive Sentiment: Banco Santander reported Q2 earnings that topped expectations, with EPS of $0.28 and revenue slightly above forecasts. The bank said customer gains and stronger lending volumes helped drive results. Banco Santander Q2 EPS beats as customers, volumes increase
• Positive Sentiment: The company said first-half profits reached a record level, helped by digital transformation, consolidation of global tech platforms, and use of artificial intelligence, which it says is improving efficiency and profitability. Santander Consolidates Global Tech Platforms to Drive Record Profits
• Positive Sentiment: Santander reiterated its full-year 2026 targets after posting higher quarterly profit, signaling management confidence that current momentum remains on track. Santander posts higher Q2 profit, reaffirms 2026 targets
• Positive Sentiment: Reuters reported Q2 net profit rose 3% year over year, supported by higher revenues and contributions from TSB, reinforcing the view that core operations are still expanding. Santander’s Q2 net profit up 3% compared to same period in 2025
• Neutral Sentiment: Management remains confident the Webster deal will close this year, which could support longer-term growth, but the transaction is still pending. Santander still confident Webster deal will close this year
• Neutral Sentiment: Banco Santander’s earnings call transcript provides more detail on the quarter and outlook, but does not by itself change the main takeaway that results were generally solid. Banco Santander, S.A. (SAN) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Profit was pressured by restructuring charges tied to recent deals, and WSJ noted quarterly net profit fell from the prior quarter because of those costs. Santander Posts Lower Net Profit on Effects of TSB, Poland Deals

Banco Santander Stock Up 0.6%

SAN opened at $13.73 on Thursday. The stock has a market capitalization of $201.71 billion, a price-to-earnings ratio of 11.35, a PEG ratio of 0.76 and a beta of 0.72. The firm has a 50 day moving average price of $13.04 and a 200-day moving average price of $12.35. Banco Santander, S.A. has a twelve month low of $8.29 and a twelve month high of $14.39.

Banco Santander (NYSE:SAN) last posted its earnings results on Wednesday, July 22nd. The bank reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). The company had revenue of $17.93 billion during the quarter, compared to the consensus estimate of $17.90 billion. Banco Santander had a return on equity of 12.23% and a net margin of 26.92%. As a group, analysts expect that Banco Santander, S.A. will post 1.14 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SAN. Wall Street Zen lowered Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Santander reissued a “buy” rating on shares of Banco Santander in a report on Tuesday, June 23rd. Finally, Weiss Ratings raised Banco Santander from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Banco Santander currently has an average rating of “Moderate Buy”.

Banco Santander 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.