Banco Santander (SAN) to Release Earnings on Tuesday

Banco Santander (NYSE:SAN) will be posting its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect Banco Santander to post earnings of $0.19 per share for the quarter.

Banco Santander (NYSE:SAN) last released its quarterly earnings results on Tuesday, January 30th. The bank reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. The business had revenue of $15.67 billion during the quarter. Banco Santander had a return on equity of 10.82% and a net margin of 19.29%. During the same period in the previous year, the company posted $0.14 earnings per share. On average, analysts expect Banco Santander to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Banco Santander Stock Up 1.0 %

SAN traded up $0.05 during mid-day trading on Friday, reaching $5.11. 2,819,876 shares of the stock were exchanged, compared to its average volume of 3,795,292. Banco Santander has a 1 year low of $3.20 and a 1 year high of $5.17. The company has a debt-to-equity ratio of 4.24, a quick ratio of 0.35 and a current ratio of 0.35. The stock has a market capitalization of $80.87 billion, a PE ratio of 7.30, a price-to-earnings-growth ratio of 0.49 and a beta of 1.22. The company has a 50 day moving average price of $4.55 and a two-hundred day moving average price of $4.17.

Banco Santander Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Tuesday, May 7th. Investors of record on Tuesday, April 30th will be issued a dividend of $0.1027 per share. The ex-dividend date of this dividend is Monday, April 29th. This is a boost from Banco Santander’s previous semi-annual dividend of $0.09. This represents a yield of 3.2%. Banco Santander’s payout ratio is 17.14%.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 25th.

Banco Santander Company Profile

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.