The Latest Breaking News from Banco Santander

Prolonged exposure to high-interest rates, risk of defaults on commercial real estate loans, elevated deposit costs, diminished credit demand, and stringent lending standards are expected to pile more pressure on U.S. banks. Considering these factors, should investors consider investing in foreign bank stocks Banco Santander (SAN), Akbank (AKBTY), and First…

Spanish banking giant Santander posted a record 11.1-billion-euro ($12 billion) net profit for 2023 on Wednesday as higher interest rates and a rise in global clients helped to cushion the impact of a windfall tax.

The profitability of U.S. banks will likely remain under pressure due to a slowing U.S. economy, high-interest rates, the possibility of CRE defaults, rising credit card debt, and deteriorating asset quality. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Banco…

The regional banking collapse continues to cause economic concern despite the Fed’s efforts to strengthen the system's resilience. Thus, it could be wise to venture beyond national borders and invest in robust stocks Banco Santander (SAN), Banco Bilbao Vizcaya Argentaria (BBVA), and KB Financial Group (KB) that belong to the…

  On Tuesday, 186 companies set new 52-week lows.

He succeeds José Antonio Álvarez who will remain on the board of the Spanish-owned bank

If history is any guide, there may be good fortune ahead for shares of Banco Santander (NYSE:BSBR). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Upgrades

Amid heightened market volatility owing to anticipation of the Fed’s aggressive interest rate increases, a war between Russia’s and Ukraine, surging oil prices, elevated stock valuations, and supply chain disruptions, dividend stocks are attractive investments to ensure a regular portfolio income stream. Thus, we think it could be wise to…

Banco Santander (NYSE:SAN) reported its Q4 earnings results on Wednesday, February 2, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Banco Santander reported in-line EPS of $0.14 versus an estimate of $0.14, which did not surprise analysts.

U.S. Treasury bond yields rose as high as 1.9% on Tuesday. In addition, an expected Federal Reserve interest rate hike bodes well for the financial sector. Given this backdrop, we think it could be wise to add quality financial stocks S&P Global (SPGI), Banco Santander (SAN), and Santander Consumer (SC)…