Financials Santander Bank Polska S.A. London S.E.

Equities

0DVR

PLBZ00000044

Banks

Delayed London S.E. 15:50:00 15/07/2024 BST 5-day change 1st Jan Change
395.6 PLN 0.00% Intraday chart for Santander Bank Polska S.A. 0.00% -22.59%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 31,382 18,977 35,613 26,508 50,052 58,125 - -
Enterprise Value (EV) 1 31,382 18,977 35,613 26,508 50,052 58,125 58,125 58,125
P/E ratio 14.7 x 18.3 x 32 x 9.47 x 10.4 x 9.5 x 9.88 x 9.55 x
Yield 6.42% - 0.77% 1.03% - 6.42% 6.76% 7.33%
Capitalization / Revenue 3.47 x 2.19 x 3.87 x 2.14 x 3.16 x 3.64 x 3.56 x 3.51 x
EV / Revenue 3.47 x 2.19 x 3.87 x 2.14 x 3.16 x 3.64 x 3.56 x 3.51 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.16 x 0.66 x 1.31 x 0.88 x 1.49 x 1.79 x 1.68 x 1.56 x
Nbr of stocks (in thousands) 102,088 102,189 102,189 102,189 102,189 102,189 - -
Reference price 2 307.4 185.7 348.5 259.4 489.8 568.8 568.8 568.8
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,050 8,647 9,210 12,411 15,833 15,950 16,305 16,545
EBITDA - - - - - - - -
EBIT 1 4,561 4,159 3,722 7,863 11,118 10,648 10,592 10,231
Operating Margin 50.4% 48.1% 40.42% 63.35% 70.22% 66.76% 64.96% 61.83%
Earnings before Tax (EBT) 1 3,245 1,881 2,058 4,353 6,850 7,946 8,539 8,142
Net income 1 2,138 1,037 1,112 2,799 4,831 5,519 5,887 5,792
Net margin 23.63% 11.99% 12.07% 22.55% 30.51% 34.6% 36.1% 35%
EPS 2 20.92 10.15 10.88 27.39 47.28 59.85 57.60 59.54
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 19.72 - 2.680 2.680 - 36.54 38.43 41.67
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1PLN in Million2PLN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 S1
Net sales 1 2,502 2,987 3,556 6,460 2,354 3,515 3,746 3,878 7,602 4,062 4,138 4,152 4,140 -
EBITDA - - - - - - - - - - - - - -
EBIT 1 804 1,839 2,251 4,007 1,188 2,586 2,480 2,808 5,288 2,874 2,925 2,799 2,478 5,805
Operating Margin 32.13% 61.55% 63.31% 62.03% 50.46% 73.57% 66.2% 72.42% 69.56% 70.75% 70.68% 67.41% 59.85% -
Earnings before Tax (EBT) 1 447.9 1,426 1,047 2,473 531.2 1,349 1,656 1,556 3,212 2,124 1,513 2,097 1,327 3,590
Net income 1 193.6 959.5 656.9 1,616 279.4 903.3 1,192 1,130 2,322 1,529 980.1 1,565 676.6 2,255
Net margin 7.74% 32.12% 18.48% 25.02% 11.87% 25.7% 31.82% 29.15% 30.55% 37.63% 23.69% 37.69% 16.34% -
EPS - - 6.430 - 2.730 8.840 - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 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 - -
1PLN in Million
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) 9.7% 4.4% 4.7% 12.1% 20.3% 18.3% 18.1% 16.9%
ROA (Net income/ Total Assets) 1% 0.47% 0.5% 1.1% 1.8% 2.08% 2% 1.86%
Assets 1 213,835 219,395 222,337 254,463 268,395 264,920 294,828 310,815
Book Value Per Share 2 264.0 280.0 266.0 295.0 330.0 319.0 339.0 366.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 29/01/20 03/02/21 02/02/22 02/02/23 31/01/24 - - -
1PLN in Million2PLN
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
HOLD
Number of Analysts
9
Last Close Price
568.8 PLN
Average target price
546.7 PLN
Spread / Average Target
-3.89%
Consensus
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  5. Financials Santander Bank Polska S.A.