🏦 Banco Santander: European Banking Giant with Global Reach
Based in Madrid, Santander is one of Europe’s largest banks, operating across Europe, Latin America, North America, and Asia. It’s listed on multiple exchanges, including Madrid, London (CDI), New York (ADR), and Mexico, and plays a major role in global retail and commercial banking.
📈 Share Price & Market Performance
- Current Share Price: 169.5p (London CDI)
- 52-Week Range: 153.5p – 171.1p
- Market Capitalisation: £524.6 million (London listing only)
- Recent Movement: Flat on the day (0.00%)
Shares are trading near their 52-week high, reflecting strong Q4 results and a positive 2025 outlook.
💰 Valuation Metrics
| Metric | Value | Commentary |
|---|---|---|
| P/E Ratio | ~7.8 | Modestly priced relative to earnings |
| PEG Ratio | ~0.85 | Undervalued relative to growth — attractive for value investors |
💸 Dividend Profile
- Dividend Yield: 6.12%
- 2024 Total Dividend: €0.21 per share (+19% vs. 2023)
- Share Buybacks: €3.1 billion completed in 2024
- 2025–2026 Buyback Target: €10 billion
Santander distributes around 50% of profits through a mix of cash dividends and buybacks, maintaining a balanced shareholder remuneration strategy.
📊 Financial Highlights (Q4 2024)
- Net Profit: €3.27 billion (+11% YoY)
- Revenue: €16 billion (5% above expectations)
- CET1 Ratio: 12.76%
- Return on Tangible Equity: Targeting 17%
Performance was driven by net interest income, fee growth, and trading gains, with analysts maintaining an “overweight” rating.
