Stockchase Opinions

David Driscoll Banco Santander SA SAN-N WEAK BUY Mar 25, 2025

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.

$7.095

Stock price when the opinion was issued

banks
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