Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt No Debt
SAN's Cash to Debt is ranked higher than
88% of the 1340 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 1.26 vs. SAN: No Debt )
SAN' s 10-Year Cash to Debt Range
Min: 0.05   Max: No Debt
Current: No Debt

Equity to Asset 0.06
SAN's Equity to Asset is ranked higher than
52% of the 1732 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 0.09 vs. SAN: 0.06 )
SAN' s 10-Year Equity to Asset Range
Min: 0.04   Max: 0.29
Current: 0.06

0.04
0.29
Interest Coverage 0.19
SAN's Interest Coverage is ranked lower than
52% of the 1595 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 1.27 vs. SAN: 0.19 )
SAN' s 10-Year Interest Coverage Range
Min: 0.04   Max: 0.43
Current: 0.19

0.04
0.43
F-Score: 3
Z-Score: 0.15
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 10.41
SAN's Operating margin (%) is ranked higher than
54% of the 1755 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 28.45 vs. SAN: 10.41 )
SAN' s 10-Year Operating margin (%) Range
Min: 2.38   Max: 36.25
Current: 10.41

2.38
36.25
Net-margin (%) 11.31
SAN's Net-margin (%) is ranked higher than
58% of the 1762 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 21.29 vs. SAN: 11.31 )
SAN' s 10-Year Net-margin (%) Range
Min: 4.91   Max: 30.3
Current: 11.31

4.91
30.3
ROE (%) 6.48
SAN's ROE (%) is ranked higher than
70% of the 1768 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 8.01 vs. SAN: 6.48 )
SAN' s 10-Year ROE (%) Range
Min: 2.59   Max: 24.64
Current: 6.48

2.59
24.64
ROA (%) 0.41
SAN's ROA (%) is ranked higher than
61% of the 1768 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 0.75 vs. SAN: 0.41 )
SAN' s 10-Year ROA (%) Range
Min: 0.18   Max: 0.99
Current: 0.41

0.18
0.99
ROC (Joel Greenblatt) (%) 32.67
SAN's ROC (Joel Greenblatt) (%) is ranked higher than
62% of the 1726 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 68.75 vs. SAN: 32.67 )
SAN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 3.67   Max: 118.14
Current: 32.67

3.67
118.14
Revenue Growth (%) -15.00
SAN's Revenue Growth (%) is ranked higher than
54% of the 1536 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 1.50 vs. SAN: -15.00 )
SAN' s 10-Year Revenue Growth (%) Range
Min: -15   Max: 31.5
Current: -15

-15
31.5
EBITDA Growth (%) -23.00
SAN's EBITDA Growth (%) is ranked higher than
55% of the 1385 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 6.90 vs. SAN: -23.00 )
SAN' s 10-Year EBITDA Growth (%) Range
Min: -34.7   Max: 30.2
Current: -23

-34.7
30.2
EPS Growth (%) -24.80
SAN's EPS Growth (%) is ranked higher than
55% of the 1355 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 9.20 vs. SAN: -24.80 )
SAN' s 10-Year EPS Growth (%) Range
Min: -40.4   Max: 28.2
Current: -24.8

-40.4
28.2
» SAN's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

SAN Guru Trades in Q3 2013

Steven Cohen 44,362 sh (New)
Murray Stahl 21,240 sh (+98.21%)
David Dreman 808,062 sh (+8.95%)
Ken Fisher 627,674 sh (+1.88%)
Jim Simons Sold Out
» More
Q4 2013

SAN Guru Trades in Q4 2013

Murray Stahl 31,357 sh (+47.63%)
Ken Fisher 641,356 sh (+2.18%)
David Dreman 594,446 sh (-26.44%)
Steven Cohen 16,700 sh (-62.36%)
» More
Q1 2014

SAN Guru Trades in Q1 2014

Murray Stahl 42,329 sh (+34.99%)
David Dreman 689,289 sh (+15.95%)
Steven Cohen Sold Out
Ken Fisher 617,450 sh (-3.73%)
» More
Q2 2014

SAN Guru Trades in Q2 2014

Ken Fisher 678,571 sh (+9.9%)
Murray Stahl 45,624 sh (+7.78%)
David Dreman 602,081 sh (-12.65%)
» More
» Details

Insider Trades

Latest Guru Trades with SAN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Dreman 2013-12-31 Reduce -26.44%0.16%$8.37 - $9.29 $ 1014%594446
David Dreman 2012-06-30 Add 42.3%0.03%$5.22 - $87.56 $ 10-41%587850
Bruce Berkowitz 2011-12-31 Sold Out 0.05%$6.8 - $9.11 $ 1028%0
Bruce Berkowitz 2011-09-30 New Buy0.05%$7.38 - $11.53 $ 108%510000
Bruce Berkowitz 2011-06-30 Sold Out 0.09%$10.66 - $12.48 $ 10-14%0
David Dreman 2011-06-30 Add 42.47%0.02%$10.66 - $12.48 $ 10-14%321616
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Banco Santander SA

Tweedy Browne Comments on Banco Santander - Jul 23, 2013

Although Banco Santander Spain (SAN) is a significant shareholder of Banco Santander Brasil, the Brazilian bank is an independently listed subsidiary with its own management team, board of directors, and capital base. At purchase, Banco Santander Brasil was trading at a discount from book value, below 10 times 20 13 estimated earnings, and had a dividend yield of approximately 5%. It has a strong capital position (underleveraged), high net interest margins, and among its three local competitors, it has the highest consumer exposure to the rapidly growing middle class in Brazil. While the company has traded down since our initial purchase, we think largely due to the general sell-off in the emerging markets and the demonstrations in Brazil, we are very positive about the longer term prospects for the company.

From Tweedy Browne's second quarter 2013 investor letter.
Check out Tweedy Browne latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 18.20
SAN's P/E(ttm) is ranked higher than
61% of the 1578 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 13.70 vs. SAN: 18.20 )
SAN' s 10-Year P/E(ttm) Range
Min: 3.3   Max: 35.21
Current: 18.2

3.3
35.21
P/B 1.21
SAN's P/B is ranked higher than
66% of the 1590 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 1.10 vs. SAN: 1.21 )
SAN' s 10-Year P/B Range
Min: 0.43   Max: 2.18
Current: 1.21

0.43
2.18
P/S 1.99
SAN's P/S is ranked higher than
85% of the 1711 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 2.85 vs. SAN: 1.99 )
SAN' s 10-Year P/S Range
Min: 0.55   Max: 3.63
Current: 1.99

0.55
3.63
EV-to-EBIT 7.56
SAN's EV-to-EBIT is ranked higher than
93% of the 1906 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 19.25 vs. SAN: 7.56 )
SAN' s 10-Year EV-to-EBIT Range
Min: 0.7   Max: 400.4
Current: 7.56

0.7
400.4
Shiller P/E 10.20
SAN's Shiller P/E is ranked higher than
93% of the 1093 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 16.35 vs. SAN: 10.20 )
SAN' s 10-Year Shiller P/E Range
Min: 3.68   Max: 23.3
Current: 10.2

3.68
23.3

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.90
SAN's Dividend Yield is ranked higher than
97% of the 1484 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 2.38 vs. SAN: 4.90 )
SAN' s 10-Year Dividend Yield Range
Min: 2.45   Max: 14.5
Current: 4.9

2.45
14.5
Dividend Payout 1.09
SAN's Dividend Payout is ranked higher than
77% of the 1906 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 0.47 vs. SAN: 1.09 )
SAN' s 10-Year Dividend Payout Range
Min: 0.21   Max: 51
Current: 1.09

0.21
51
Dividend growth (3y) -4.10
SAN's Dividend growth (3y) is ranked higher than
66% of the 1033 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 5.50 vs. SAN: -4.10 )
SAN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 42.6
Current: -4.1

0
42.6
Yield on cost (5-Year) 3.89
SAN's Yield on cost (5-Year) is ranked higher than
81% of the 1497 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 2.67 vs. SAN: 3.89 )
SAN' s 10-Year Yield on cost (5-Year) Range
Min: 1.95   Max: 11.52
Current: 3.89

1.95
11.52
Share Buyback Rate -9.90
SAN's Share Buyback Rate is ranked higher than
59% of the 1291 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: -1.90 vs. SAN: -9.90 )
SAN' s 10-Year Share Buyback Rate Range
Min: 7.3   Max: -20
Current: -9.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.98
SAN's Price/Tangible Book is ranked higher than
63% of the 1906 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 1.44 vs. SAN: 1.98 )
SAN' s 10-Year Price/Tangible Book Range
Min: 0.49   Max: 6.9
Current: 1.98

0.49
6.9
Price/DCF (Projected) 0.50
SAN's Price/DCF (Projected) is ranked higher than
80% of the 1192 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 0.60 vs. SAN: 0.50 )
SAN' s 10-Year Price/DCF (Projected) Range
Min: 0.18   Max: 4.71
Current: 0.5

0.18
4.71
Price/Median PS Value 1.18
SAN's Price/Median PS Value is ranked higher than
70% of the 1906 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 1.16 vs. SAN: 1.18 )
SAN' s 10-Year Price/Median PS Value Range
Min: 0.34   Max: 2.19
Current: 1.18

0.34
2.19
Price/Graham Number 1.15
SAN's Price/Graham Number is ranked higher than
59% of the 1409 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 0.93 vs. SAN: 1.15 )
SAN' s 10-Year Price/Graham Number Range
Min: 0.48   Max: 2.5
Current: 1.15

0.48
2.5
Earnings Yield (Greenblatt) 13.20
SAN's Earnings Yield (Greenblatt) is ranked higher than
91% of the 1603 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 6.90 vs. SAN: 13.20 )
SAN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 142
Current: 13.2

0.2
142
Forward Rate of Return (Yacktman) -27.11
SAN's Forward Rate of Return (Yacktman) is ranked lower than
52% of the 1348 Companies
in the Global Banks - Regional - Europe industry.

( Industry Median: 14.46 vs. SAN: -27.11 )
SAN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -77.3   Max: 24.2
Current: -27.11

-77.3
24.2

Business Description

Industry: Banks » Banks - Regional - Europe
Compare:LSE:0IKH, LSE:0H32, LSE:0O84, LSE:0GUX, LSE:0O55 » details
Traded in other countries:BCDRF.USA, SAN.Spain, SANT.Italy, SANT.Netherlands, BNC.UK, SANT.Portugal, BSD2.Germany, BSDK.Germany
Banco Santander SA offers retail, commercial, private banking and asset management services. The company operates in Spain, the UK, Portugal, Europe, Brazil, Latin American countries and the US.
» More Articles for NYSE:SAN

Headlines

Articles On GuruFocus.com
Will Scotland Leave? Polls Say Maybe. Market Says No. Sep 17 2014 
European Banks? Yes, European Banks Jul 30 2014 
Santander's Dividend Is Sustainable Jan 08 2014 
Banco Santander -: Hold, Buy or Sell? Dec 09 2013 
3 Highest Yielding Financials With High Beta, Growth And Low P/E's Aug 10 2013 
Tweedy, Browne Buys 2 New Stocks Jul 24 2013 
Tweedy Browne Comments on Banco Santander Jul 23 2013 
comment on SAN May 23 2013 
David Herro Comments on Banco Santander Apr 23 2013 
David Herro's Oakmark International Fund Q1 2013 Commentary Apr 23 2013 

More From Other Websites
Banks climb after TLTRO, Siemens slips: Europe’s big stock moves Sep 18 2014
Moody's upgrades 12 notes in four Bancaja Spanish RMBS Transactions Sep 18 2014
Santander in pact with Fed after unauthorized dividend payment Sep 18 2014
6:41 am Banco Santander enters Canada with the acquisition of auto financing company Carfinco for ~... Sep 16 2014
Moody's assigns definitive ratings to ABS notes issued by Bilkreditt 6 Limited Sep 15 2014
Santander Renews And Expands Its Commitment To Boston University Sep 11 2014
Moody's Downgrade Spurs Bad Week For Brazil's Banks Sep 10 2014
Ana Botin to run Santander Sep 10 2014
Swatch falls, Kingfisher climbs: Europe’s big stock moves Sep 10 2014
Moody's upgrades six notes in five Santander Spanish auto and consumer ABS transactions Sep 10 2014
Why Banco Santander (SAN) Stock Is Down Today Sep 10 2014
[video] New IPOs Do Nothing to Improve Mood in Europe, as Markets Fret Over Scottish Independence Sep 10 2014
Google Executes $145 Million Investment In SunEdison And TerraForm Power's Largest Solar Plant In... Sep 10 2014
European Stocks Mixed on Worries Over Timing of U.S. Rate Hike Sep 10 2014
Santander Chairman Emilio Botin dies Sep 10 2014
Santander Chairman Emilio Botin dies Sep 10 2014
Santander shares down nearly 2% after chairman dies Sep 10 2014
ECB Lowers Rates: SAN, DB, CS in Focus Sep 05 2014
ECB Decision Boosts ETFs Sep 04 2014
ECB Commits To Asset Purchases, Euro Plummets As Stocks Pop Sep 04 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK