# Banco Santander, S.A. share price today (Banco Santander, S.A., SAN)

> Banco Santander, S.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SAN · Financials · Banks - Diversified · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/san

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## Key numbers

- Price: $11.34 (+11.7% in a year)
- P/BV: 1.2×, against its own history
- Revenue (Jun 2026): EUR 12.5 B (+10.2% on a year ago)
- Profit (Jun 2026): EUR 3.4 B (+2.5% on a year ago)
- Net margin: 27.0% (−2.0 points on a year ago)
- ROE: 13%, FY25

Biggest thing to watch: the net margin is the best this company has ever reported. Every ratio looks better at a record, so the story depends on the net margin staying high. ## What is the Banco Santander, S.A. share price today? Banco Santander, S.A.'s share price was $11.34 at the close on 3 November 2026. It has been moving sideways for 3 weeks. That is 12.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $10 and $15, and at that close it sat 24% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 6 weeks running. Over the last 10 years the share price moved +203% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Banco Santander, S.A. pay? Banco Santander, S.A. declared EUR 0.13 per local share for Dec 2025, and EUR 0.53 over the last four reported quarters. It reports in euros, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is Banco Santander, S.A. on? Banco Santander, S.A. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Banco Santander, S.A. profitable? Banco Santander, S.A. earned EUR 3.4 B of net profit in the Jun 2026 quarter, +2.5% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY25 profit was EUR 13.5 B. Over 4 years profit has grown 15.6% a year on average. That is 27.0% of the quarter's revenue. The same quarter a year earlier earned EUR 3.3 B. For the full year, FY25 profit was EUR 13.5 B (+12.8% on the year before). Why profit moved: revenue changed +10.2% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +22.5% and revenue +3.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## How much revenue does Banco Santander, S.A. make, and is it growing? Banco Santander, S.A. reported EUR 12.5 B of income in the Jun 2026 quarter, +10.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 4.7% a year on average. The last full year, FY25, came in at EUR 46.8 B. The last four reported quarters add to EUR 48.3 B. The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was EUR 46.8 B, −2.0% on the year before. Recent pace: the last four quarters grew +3.3% on average, against 4.7% a year over the longer run, so this year is growing slower than its own long-run rate. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## How much does Banco Santander, S.A. keep from what it earns? Banco Santander, S.A.'s net margin was 27.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 19.4% and 28.8%. The latest quarter is within that range. Across 5 years it has been between 19.4% and 28.8%, and FY25's 28.8% is the highest of them. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## How many of Banco Santander, S.A.'s loans have gone bad? Banco Santander, S.A. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Banco Santander, S.A.'s loan book growing? Banco Santander, S.A.'s revenue was EUR 46.8 B in FY25, −2.0% on the year before, so the loan book is not growing. The latest quarter was +10.2% on a year earlier. The net margin on that income is 27.0%, −2.0 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. This company reports in euros, not US dollars, so the money charts are left out here. The figures in the text are in that currency (EUR); nothing is converted. ## What is Banco Santander, S.A.'s P/BV ratio, and how does it compare with its own history? Banco Santander, S.A.'s P/BV is 1.2×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the book value trend underneath matters more than the multiple. ## Is the Banco Santander, S.A. business getting better or worse? Banco Santander, S.A.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Banco Santander, S.A. earn on its equity and assets? Banco Santander, S.A. earned a return on equity of 12% in FY25. Its lowest yearly reading on file was 8% in FY21. On its assets, every EUR 100 earned about EUR 0.76, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why ROE moved: profit grew 15.6% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does Banco Santander, S.A. have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Banco Santander, S.A. shareholding pattern? 0.2% of Banco Santander, S.A.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Banco Santander, S.A. from balance-sheet trouble? For Banco Santander, S.A., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Banco Santander, S.A. rank in its industry? 39.7 out of 100, rank 17 of 18 in Banks - Diversified, with 76% of the evidence available. Banco Santander, S.A. scores 39.7 out of 100 against the 18 companies it is compared with in Banks - Diversified, ranking 17. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 15.3 + 11.4 + 13 + 0 = 39.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Banco Santander, S.A. compared with? Banco Santander, S.A. ranks 17 of 18 Banks - Diversified companies on the 4-Factor Sector Score, with 39.7 out of 100. 1. [JPMorgan Chase & Co.](https://www.sectoralpha.in/us/stocks/jpm) JPM · quiet · Most evidence points up · 80% evidence 70.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Income 14.1% · Profit 13.9% · 81% evidence Capital efficiency 20.1/25 · ROA 1.7% · ROE 22.9% · GNPA n/a · 68% evidence Valuation 12.9/20 · P/BV 2.36× · P/BV÷ROE 0.1 · 70% evidence Relative strength 13.5/20 · Lead over its industry 0.3% · Lead over S&P 500 0.2% · 1 year 7.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.2 + 20.1 + 12.9 + 13.5 = 70.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [The Bank of New York Mellon Corporation](https://www.sectoralpha.in/us/stocks/bny) BNY · quiet · Evidence leans up · 80% evidence 64.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Income 11.5% · Profit 25.6% · 81% evidence Capital efficiency 17.0/25 · ROA 1.3% · ROE 15.8% · GNPA n/a · 68% evidence Valuation 9.8/20 · P/BV 2.22× · P/BV÷ROE 0.14 · 70% evidence Relative strength 16.0/20 · Lead over its industry 6.4% · Lead over S&P 500 6% · 1 year 36.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 21.9 + 17 + 9.8 + 16 = 64.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Canadian Imperial Bank of Commerce](https://www.sectoralpha.in/us/stocks/cm) CM · turning · Evidence leans up · 80% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 15.3% · Profit 23.7% · 81% evidence Capital efficiency 13.8/25 · ROA 0.9% · ROE 15% · GNPA n/a · 68% evidence Valuation 9.0/20 · P/BV 2.25× · P/BV÷ROE 0.15 · 70% evidence Relative strength 16.6/20 · Lead over its industry 5.8% · Lead over S&P 500 5.6% · 1 year 37.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.7 + 13.8 + 9 + 16.6 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [The Bank of Nova Scotia](https://www.sectoralpha.in/us/stocks/bns) BNS · turning · Evidence leans up · 80% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Income 11.6% · Profit 42.3% · 81% evidence Capital efficiency 8.5/25 · ROA 0.7% · ROE 11.9% · GNPA n/a · 68% evidence Valuation 11.0/20 · P/BV 1.65× · P/BV÷ROE 0.14 · 70% evidence Relative strength 19.4/20 · Lead over its industry 11.4% · Lead over S&P 500 11.1% · 1 year 40.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 22.4 + 8.5 + 11 + 19.4 = 61.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [HSBC Holdings plc](https://www.sectoralpha.in/us/stocks/hsbc) HSBC · quiet · Evidence leans up · 80% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Income 16.4% · Profit 59.4% · 81% evidence Capital efficiency 14.1/25 · ROA 0.9% · ROE 16.1% · GNPA n/a · 68% evidence Valuation 13.0/20 · P/BV 1.73× · P/BV÷ROE 0.11 · 70% evidence Relative strength 2.0/20 · Lead over its industry -9.8% · Lead over S&P 500 -10.1% · 1 year 18.5% · 100% evidence · 5 of 12 weeks ahead Exact sum: 29.9 + 14.1 + 13 + 2 = 59 · What this means: Earnings are strong; relative strength in its sector is -9.8% and the one-year return is 18.5%. 6. [Royal Bank of Canada](https://www.sectoralpha.in/us/stocks/ry) RY · quiet · Evidence leans up · 80% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Income 11.4% · Profit 18.6% · 81% evidence Capital efficiency 14.2/25 · ROA 0.9% · ROE 15.7% · GNPA n/a · 68% evidence Valuation 6.9/20 · P/BV 2.81× · P/BV÷ROE 0.18 · 70% evidence Relative strength 16.1/20 · Lead over its industry 5.8% · Lead over S&P 500 5.5% · 1 year 40% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.7 + 14.2 + 6.9 + 16.1 = 55.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [UBS Group AG](https://www.sectoralpha.in/us/stocks/ubs) UBS · quiet · Evidence leans up · 76% evidence 55.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Income 10.7% · Profit 51.5% · 71% evidence Capital efficiency 9.2/25 · ROA 0.7% · ROE 13.4% · GNPA n/a · 68% evidence Valuation 11.7/20 · P/BV 1.72× · P/BV÷ROE 0.13 · 70% evidence Relative strength 9.9/20 · Lead over its industry -0.6% · Lead over S&P 500 -0.9% · 1 year 25.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 24.8 + 9.2 + 11.7 + 9.9 = 55.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Citigroup Inc.](https://www.sectoralpha.in/us/stocks/c) C · quiet · Evidence leans up · 80% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Income 11.1% · Profit 32.9% · 81% evidence Capital efficiency 9.3/25 · ROA 0.8% · ROE 11.3% · GNPA n/a · 68% evidence Valuation 16.1/20 · P/BV 1.03× · P/BV÷ROE 0.09 · 70% evidence Relative strength 6.3/20 · Lead over its industry -4.9% · Lead over S&P 500 -5.1% · 1 year 21.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 9.3 + 16.1 + 6.3 = 55.5 · What this means: Earnings are strong; relative strength in its sector is -4.9% and the one-year return is 21.7%. 9. [The Bank of N.T. Butterfield & Son Limited](https://www.sectoralpha.in/us/stocks/ntb) NTB · quiet · Evidence leans up · 76% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Income 5.9% · Profit 6.8% · 71% evidence Capital efficiency 20.4/25 · ROA 1.8% · ROE 22% · GNPA n/a · 68% evidence Valuation 14.1/20 · P/BV 2.04× · P/BV÷ROE 0.09 · 70% evidence Relative strength 5.0/20 · Lead over its industry -4.9% · Lead over S&P 500 -5.1% · 1 year 20.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.8 + 20.4 + 14.1 + 5 = 54.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Wells Fargo & Company](https://www.sectoralpha.in/us/stocks/wfc) WFC · turning · Evidence leans up · 80% evidence 54.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Income 5.1% · Profit 10% · 81% evidence Capital efficiency 15.3/25 · ROA 1.2% · ROE 14.7% · GNPA n/a · 68% evidence Valuation 15.1/20 · P/BV 1.36× · P/BV÷ROE 0.09 · 70% evidence Relative strength 10.2/20 · Lead over its industry -4.2% · Lead over S&P 500 -4.1% · 1 year -0.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 13.4 + 15.3 + 15.1 + 10.2 = 54 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 11. [Bank of Montreal](https://www.sectoralpha.in/us/stocks/bmo) BMO · quiet · Evidence leans up · 80% evidence 52.2 out of 100 Growth Capital Valuation Relative
12. [ING Groep N.V.](https://www.sectoralpha.in/us/stocks/ing) ING · quiet · Evidence leans down · 76% evidence 48.5 out of 100 Growth Capital Valuation Relative
13. [Banco Bilbao Vizcaya Argentaria, S.A.](https://www.sectoralpha.in/us/stocks/bbva) BBVA · quiet · Evidence leans down · 76% evidence 48.1 out of 100 Growth Capital Valuation Relative
14. [Barclays PLC](https://www.sectoralpha.in/us/stocks/bcs) BCS · basing · Evidence leans down · 80% evidence 43.8 out of 100 Growth Capital Valuation Relative
15. [Bank of America Corporation](https://www.sectoralpha.in/us/stocks/bac) BAC · quiet · Evidence leans down · 80% evidence 43.8 out of 100 Growth Capital Valuation Relative
16. [The Toronto-Dominion Bank](https://www.sectoralpha.in/us/stocks/td) TD · turning · Evidence leans down · 80% evidence 42.6 out of 100 Growth Capital Valuation Relative
17. Banco Santander, S.A. this page SAN · quiet · Evidence leans down · 76% evidence 39.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Income 2.9% · Profit 22.7% · 71% evidence Capital efficiency 11.4/25 · ROA 0.8% · ROE 13.4% · GNPA n/a · 68% evidence Valuation 13.0/20 · P/BV 1.49× · P/BV÷ROE 0.11 · 70% evidence Relative strength 0.0/20 · Lead over its industry -13.6% · Lead over S&P 500 -13.9% · 1 year 9.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 15.3 + 11.4 + 13 + 0 = 39.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 18. Forbright, Inc. FRBT · turning · Too little evidence to rank firmly · 33% evidence 43.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Banks - Diversified](https://www.sectoralpha.in/us/sectors/banks-diversified), all 18 compared on one page. ## Which companies are close to Banco Santander, S.A. in size? Banco Santander, S.A. is the 9th largest of 19 Banks - Diversified companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Mitsubishi UFJ Financial Group, Inc., The Toronto-Dominion Bank and Citigroup Inc. Just below it: Sumitomo Mitsui Financial Group, Inc., UBS Group AG and Banco Bilbao Vizcaya Argentaria, S.A. ### Banks - Diversified companies close in size

1. [Mitsubishi UFJ Financial Group, Inc.](https://www.sectoralpha.in/us/stocks/mufg) $241.3 billion
2. [The Toronto-Dominion Bank](https://www.sectoralpha.in/us/stocks/td) $204 billion
3. [Citigroup Inc.](https://www.sectoralpha.in/us/stocks/c) $203.1 billion
4. Banco Santander, S.A. $164.2 billion
5. [Sumitomo Mitsui Financial Group, Inc.](https://www.sectoralpha.in/us/stocks/smfg) $150.7 billion
6. [UBS Group AG](https://www.sectoralpha.in/us/stocks/ubs) $147.3 billion
7. [Banco Bilbao Vizcaya Argentaria, S.A.](https://www.sectoralpha.in/us/stocks/bbva) $131.7 billion

[All 19 Banks - Diversified companies, largest first](https://www.sectoralpha.in/us/sectors/banks-diversified#all-companies)

### Companies close in size in other industries

1. [Anheuser-Busch InBev SA/NV](https://www.sectoralpha.in/us/stocks/bud) $170.7 billion · Beverages - Brewers
2. [T-Mobile US, Inc.](https://www.sectoralpha.in/us/stocks/tmus) $169.6 billion · Telecom Services
3. Banco Santander, S.A. $166.8 billion
4. [Danaher Corporation](https://www.sectoralpha.in/us/stocks/dhr) $160.4 billion · Diagnostics & Research
5. [The TJX Companies, Inc.](https://www.sectoralpha.in/us/stocks/tjx) $155.1 billion · Apparel Retail

## What else do people ask about Banco Santander, S.A.? ### What is Banco Santander, S.A.'s stock price today? Banco Santander, S.A.'s stock price is $11.34, +11.7% over the past year. The whole company is worth $164 B on the market. In the last 52 weeks it traded between $10 to $15; today it is 24% of the way up from the low, 12.4% below its 200-day average (as of 3 November 2026). ### What were Banco Santander, S.A.'s latest quarterly results? Banco Santander, S.A. reported total income of EUR 12.5 B and net profit of EUR 3.4 B for the Jun 2026 quarter. Income rose 10.2% and profit rose 2.5% compared with a year earlier. The net margin was 27.0%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Banco Santander, S.A.'s market cap? Banco Santander, S.A.'s market capitalisation is $164 B at a stock price of $11.34. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Banco Santander, S.A. performing? Banco Santander, S.A.'s share price has been moving sideways for 3 weeks. In its latest quarter, income rose 10.2% and profit rose 2.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 6 weeks running (as of 3 November 2026). ### Will Banco Santander, S.A.'s stock price go up? This page does not forecast Banco Santander, S.A.'s stock price. What it shows instead: the stock price is $11.34, and it has been moving sideways for 3 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Banco Santander, S.A. in its business cycle? Banco Santander, S.A.'s FY25 net margin was 28.8%, against a 5-year range of 19.4% to 28.8%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 27.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Banco Santander, S.A. story? Biggest thing to watch: the net margin is the best this company has ever reported. Every ratio looks better at a record, so the story depends on the net margin staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Banco Santander, S.A. a stock worth studying right now? What the numbers show: Banco Santander, S.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.