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Banco Santander SA has shown significant growth, with a reported increase of 40-50% this year, largely driven by the rise in tourism spending in Spain and the bank's extensive diversification across Latin America. While its performance has been commendable, there are concerns regarding the higher risk associated with Spanish banks due to a 3% rate of non-performing assets compared to a European average of 1%. The bank is expanding its footprint in the United States with the launch of Openbank, indicating a strategic move to tap into a growing financial market. Overall, Banco Santander is perceived as a solid investment option with well-managed risks, despite the caution advised due to the inherent volatility in its home country markets.
Banco Santander SA is a American stock, trading under the symbol SAN-N on the New York Stock Exchange (SAN). It is usually referred to as NYSE:SAN or SAN-N
In the last year, 3 stock analysts published opinions about SAN-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Banco Santander SA.
Banco Santander SA was recommended as a Top Pick by on . Read the latest stock experts ratings for Banco Santander SA.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Banco Santander SA In the last year. It is a trending stock that is worth watching.
On 2025-04-25, Banco Santander SA (SAN-N) stock closed at a price of $7.26.
The large Spanish banks are up 40-50% this year due to more tourism spending there, plus the bank's diversification across Latin American. They may leave the UK and its high taxes and laws. But the Spanish banks are 3x riskier than European ones, because the Spanish one's non-performing assets are 3% vs. the 1% average. Take this with a grain of salt. SAN is having a great year, but is coming off previous lows.