Banco Santander, S.A.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Hector Blas Grisi Checa
- Full Time Employees
- 185,279
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- Santander Group City Madrid MA Spain 28660
- IPO Date
- Jul 30, 1987
- CIK
- 0000891478
- Website
- santander.com
- Similar Companies
- Business
- Banco Santander, S.A. (SAN) is a Spanish multinational banking group that provides a comprehensive range of retail and commercial banking, corporate and investment banking, payments processing, wealth management and insurance, and digital consumer finance services to individuals, small and medium-sized enterprises, and large corporations; key offerings include current and savings accounts, mortgages, personal and auto loans, credit cards, unsecured lending, deposit products, investment advice, portfolio management, trade finance, capital markets access, global transaction banking, acquiring services via platforms such as PagoNxt and Getnet, and buy-now-pay-later solutions through Zinia, supported by proprietary technologies like the Gravity cloud-based core banking platform and Plard card processing system. The bank operates in 10 core markets across Europe and the Americas, including Spain, the United Kingdom, Portugal, Poland, the United States, Mexico, Brazil, Chile, Argentina, Uruguay, Peru, and Colombia, serving over 155 million customers through extensive branch networks, digital channels, and subsidiaries. Founded in 1857 and headquartered at Santander Group City in Boadilla del Monte, Madrid, Spain, Banco Santander maintains a global presence with operations in major financial centers worldwide. In recent developments, the bank announced in July 2025 an agreement to acquire TSB Banking Group plc from Banco de Sabadell for £2.65 billion (€3.1 billion) in cash, a transaction expected to close in the first quarter of 2026 that will strengthen its UK franchise by expanding personal current account and mortgage market share, serving nearly 28 million combined retail and business customers, and delivering cost synergies of at least £400 million pre-tax alongside earnings per share accretion from year one; this follows the Q3 2025 announcement of merging Openbank and Santander Consumer Finance into a single entity to enhance efficiency. Earlier in 2025, Santander launched its €10 billion share buyback program using 2025-2026 earnings to boost shareholder value, reported record 2024 profits with a 14% increase driven by technology investments, and continued expansions such as opening Openbank in the US in 2024 and constructing the Santander Tower in Miami. The group restructured in 2023 into five global business lines—Payments, Corporate & Investment Banking, Wealth Management & Insurance, Retail & Commercial, and Digital Consumer Bank—to streamline operations, alongside leadership changes including Héctor Grisi as CEO in January 2023.
Company News
Banco Santander, S.A. (NYSE:SAN) Given Average Recommendation of “Moderate Buy” by Brokerages
SAN Completes Webster Buyout: A Bold Push for Scale & Diversification
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Santander Expands U.S. Presence with Completion of Webster Acquisition
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Middle-Income Americans Value In-Person Support for Major Financial Decisions, Santander US Survey Finds
Santander's $12 Billion Webster Bank Deal Wins Fed Approval
Santander Receives Federal Reserve Approval for the Acquisition of Webster Financial Corporation
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Bank of New York Mellon Corp Buys 373,646 Shares of Banco Santander, S.A. $SAN
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Banco Santander Q2 Earnings Call Highlights
Santander Consolidates Global Tech Platforms to Drive Record Profits
Banco Santander Q2 Earnings Call Highlights
Santander Posts Lower Net Profit on Effects of TSB, Poland Deals
Santander's Q2 net profit up 3% compared to same period in 2025
SAN FRANCISCO
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