Financials Banco Santander, S.A. London S.E.

Equities

BNC

ES0113900J37

Banks

Market Closed - London S.E. 16:35:09 26/06/2024 BST 5-day change 1st Jan Change
362 GBX -1.09% Intraday chart for Banco Santander, S.A. -3.21% +10.03%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,963 43,978 50,197 46,383 60,030 66,395 - -
Enterprise Value (EV) 1 61,963 43,978 50,197 46,383 60,030 66,395 66,395 66,395
P/E ratio 10.3 x -4.72 x 6.74 x 5.2 x 5.81 x 5.9 x 5.73 x 5.42 x
Yield 6.17% 1.08% 3.4% 4.2% 3.72% 4.49% 4.83% 5.07%
Capitalization / Revenue 1.25 x 0.99 x 1.08 x 0.89 x 1.05 x 1.09 x 1.07 x 1.04 x
EV / Revenue 1.25 x 0.99 x 1.08 x 0.89 x 1.05 x 1.09 x 1.07 x 1.04 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.62 x 0.54 x 0.58 x 0.52 x 0.58 x 0.68 x 0.63 x 0.59 x
Nbr of stocks (in thousands) 17,334,321 17,327,859 17,071,070 16,550,713 15,882,962 15,156,987 - -
Reference price 2 3.575 2.538 2.940 2.802 3.780 4.380 4.380 4.380
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 49,494 44,600 46,404 52,117 57,423 61,176 62,189 63,651
EBITDA - - - - - - - -
EBIT 1 26,214 23,633 24,989 28,251 32,222 34,936 35,065 35,611
Operating Margin 52.96% 52.99% 53.85% 54.21% 56.11% 57.11% 56.39% 55.95%
Earnings before Tax (EBT) 1 12,543 -2,076 14,547 15,250 16,698 18,424 18,946 19,313
Net income 1 6,515 -8,771 8,124 9,605 11,076 11,522 11,733 11,836
Net margin 13.16% -19.67% 17.51% 18.43% 19.29% 18.83% 18.87% 18.6%
EPS 2 0.3469 -0.5380 0.4360 0.5390 0.6500 0.7418 0.7643 0.8083
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2204 0.0275 0.1000 0.1178 0.1405 0.1968 0.2117 0.2222
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 22,518 22,695 11,778 12,305 12,815 25,120 13,474 13,523 13,922 14,088 28,010 14,861 14,552 15,045 15,536 15,359 15,225 15,744
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 11,865 12,318 6,141 6,770 6,915 13,685 7,349 7,217 7,790 7,965 15,755 8,379 8,088 8,833 9,292 9,088 8,642 9,109
Operating Margin 52.69% 54.28% 52.14% 55.02% 53.96% 54.48% 54.54% 53.37% 55.95% 56.54% 56.25% 56.38% 55.58% 58.71% 59.81% 59.17% 56.76% 57.85%
Earnings before Tax (EBT) 1 - - 3,831 4,171 3,744 7,915 3,846 3,489 3,832 4,258 8,090 4,447 3,922 4,583 4,807 4,581 4,375 -
Net income 1 -10,798 3,675 2,275 2,543 2,351 4,894 2,422 2,289 2,571 2,670 5,241 2,902 2,933 2,852 3,304 3,292 3,172 -
Net margin -47.95% 16.19% 19.32% 20.67% 18.35% 19.48% 17.98% 16.93% 18.47% 18.95% 18.71% 19.53% 20.16% 18.96% 21.27% 21.44% 20.83% -
EPS 2 - - 0.1240 0.1410 0.1300 - 0.1370 0.1310 0.1500 0.1600 - 0.1700 0.1800 0.1700 0.1930 0.1866 0.1546 -
Dividend per Share 2 - - 0.0515 - - - - - - - - - - - - - 0.1945 -
Announcement Date 29/07/20 28/07/21 02/02/22 26/04/22 28/07/22 28/07/22 26/10/22 02/02/23 25/04/23 26/07/23 26/07/23 25/10/23 31/01/24 30/04/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 6.62% 5.68% 10.3% 10.7% 11.9% 11.9% 11.1% 10.9%
ROA (Net income/ Total Assets) 0.54% 0.4% 0.65% 0.63% 0.69% 0.62% 0.62% 0.63%
Assets 1 1,206,481 -2,192,750 1,249,846 1,524,603 1,605,217 1,863,513 1,878,566 1,889,484
Book Value Per Share 2 5.770 4.710 5.090 5.380 6.560 6.460 6.920 7.470
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
4.38 EUR
Average target price
5.55 EUR
Spread / Average Target
+26.71%
Consensus
  1. Stock Market
  2. Equities
  3. SAN Stock
  4. BNC Stock
  5. Financials Banco Santander, S.A.