Banco Santander (NYSE:SAN - Get Free Report) announced its quarterly earnings results on Wednesday. The bank reported $0.21 EPS for the quarter, meeting analysts' consensus estimates of $0.21, Zacks reports. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%.
Banco Santander Trading Down 2.3 %
SAN stock traded down $0.14 during mid-day trading on Friday, reaching $5.64. 4,340,831 shares of the stock traded hands, compared to its average volume of 3,342,491. The business has a 50-day moving average price of $4.83 and a two-hundred day moving average price of $4.83. The stock has a market capitalization of $89.18 billion, a PE ratio of 6.79, a PEG ratio of 0.73 and a beta of 1.12. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24. Banco Santander has a one year low of $3.87 and a one year high of $5.82.
Wall Street Analysts Forecast Growth
SAN has been the topic of several recent research reports. StockNews.com raised Banco Santander from a "hold" rating to a "buy" rating in a report on Thursday. Morgan Stanley upgraded Banco Santander from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, November 26th.
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About Banco Santander
(
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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.
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