SAN
Banco Santander, S.A.
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
+19/100
Last price
14.02
▲ 0.12 (0.86%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
14.08
Prev close
13.90
Day high
14.09
Day low
14.00
Volume
10.24M
Market cap
$202.85B
P/E (TTM)
13.60
52W range
9.62 – 15.05
Day trading desk
Gap from prior close
+1.29%
Prior close 13.90
VWAP
14.03
-0.04% from price
Relative volume
1.61×
Unusually busy
Session range
1.58%
13.91 – 14.13
Position in range
50%
Mid range
ATR (14D)
0.34
2.46% of price
Prior day high
13.93
PDH
Prior day low
13.57
PDL
Bid / ask spread
—
Quote not published
Session volume
19.98M
Avg 12.40M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.27%
-3.2%
1M
-6.16%
-7.3%
3M
+3.24%
-1.3%
6M
+22.68%
+4.5%
YTD
+19.44%
+5.2%
1Y
+36.15%
+19.7%
3Y
+272.61%
+190.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SAN open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Fundamentals
Market cap$202.85B
Enterprise value$296.68B
Revenue (TTM)$48.53B
Gross profit$48.53B
EBITDA—
Net income$12.90B
EPS (TTM)$1.03
Free cash flow—
Total cash$315.34B
Total debt$404.83B
Book value / share$8.82
Shares outstanding14.48B
Float14.09B
Short % of float0.34%
Dividend yield1.99%
Beta (5Y)0.94
Valuation & profitability ratios
Trailing P/E13.60
Forward P/E9.79
PEG ratio0.92
Price / sales—
Price / book1.59
EV / revenue6.11
EV / EBITDA—
Gross margin0.00%
Operating margin43.44%
Profit margin33.46%
Return on equity13.11%
Return on assets0.78%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $60.02B | $60.30B | $56.69B | $54.22B | -0.5% |
| Operating revenue | $60.02B | $60.30B | $56.69B | $54.22B | -0.5% |
| Selling, general & admin | $21.47B | $21.90B | $22.06B | $20.36B | -2.0% |
| Pre-tax income | $18.68B | $17.35B | $15.01B | $15.25B | +7.7% |
| Tax provision | $4.72B | $4.84B | $3.88B | $4.49B | -2.5% |
| Net income | $14.10B | $12.57B | $11.08B | $9.61B | +12.1% |
| Net income to common | $14.72B | $13.19B | $11.57B | $9.08B | +11.6% |
| Basic EPS | 0.91 | 0.77 | 0.65 | 0.54 | +17.4% |
| Diluted EPS | 0.90 | 0.77 | 0.65 | 0.54 | +17.2% |
| Basic shares | 14.89B | 15.50B | 16.17B | 16.85B | -3.9% |
| Diluted shares | 14.98B | 15.57B | 16.25B | 16.90B | -3.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $179.30B | $217.89B | $246.90B | $259.02B | -17.7% |
| Property, plant & equipment | $26.42B | $31.21B | $32.93B | $33.04B | -15.4% |
| Goodwill & intangibles | $17.31B | $19.26B | $19.87B | $18.64B | -10.1% |
| Total assets | $1.87T | $1.84T | $1.80T | $1.73T | +1.7% |
| Current debt | $40.81B | $37.30B | $46.17B | $43.02B | +9.4% |
| Long-term debt | $283.58B | $325.52B | $308.58B | $280.34B | -12.9% |
| Total debt | $326.21B | $327.72B | $310.98B | $282.96B | -0.5% |
| Total liabilities | $1.75T | $1.73T | $1.69T | $1.64T | +1.4% |
| Retained earnings | $106.06B | $94.90B | $85.19B | $76.31B | +11.8% |
| Shareholder equity | $103.17B | $98.60B | $95.42B | $89.10B | +4.6% |
| Net tangible assets | $85.86B | $79.34B | $75.55B | $70.46B | +8.2% |
| Shares issued | 14.69B | 15.15B | 16.18B | 16.79B | -3.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $15.50B | $13.74B | $12.18B | $10.76B | +12.8% |
| Depreciation & amortisation | $3.18B | $3.18B | $3.09B | $2.98B | -0.0% |
| Change in working capital | -$56.73B | -$60.38B | -$28.90B | -$1.53B | +6.0% |
| Operating cash flow | -$14.84B | -$24.16B | $5.01B | $27.71B | +38.6% |
| Capital expenditure | -$7.66B | -$10.60B | -$13.64B | -$10.84B | +27.7% |
| Investing cash flow | $534.00M | -$3.71B | -$5.37B | -$3.90B | +114.4% |
| Share buybacks | -$4.08B | -$4.79B | -$3.11B | -$2.05B | +14.8% |
| Dividends paid | -$3.34B | -$3.02B | -$2.26B | -$1.85B | -10.7% |
| Financing cash flow | -$14.20B | -$5.51B | -$2.06B | -$9.96B | -157.8% |
| Free cash flow | -$22.49B | -$34.75B | -$8.63B | $16.87B | +35.3% |
| End cash position | $154.80B | $192.21B | $220.34B | $223.07B | -19.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $15.52B | $15.44B | $14.98B | $14.18B | $14.33B | — | +0.5% |
| Operating revenue | $15.52B | $15.44B | $14.98B | $14.18B | $14.33B | — | +0.5% |
| Selling, general & admin | $5.57B | $5.00B | $5.58B | $5.22B | $5.30B | — | +11.3% |
| Pre-tax income | $4.93B | $5.03B | $4.92B | $4.66B | $4.42B | — | -1.9% |
| Tax provision | $1.19B | $1.25B | $1.16B | $1.19B | $1.04B | — | -4.6% |
| Net income | $3.52B | $5.46B | $3.76B | $3.50B | $3.43B | — | -35.5% |
| Net income to common | $3.52B | $5.46B | $3.76B | $3.50B | $3.43B | — | -35.5% |
| Basic EPS | — | 0.36 | 0.24 | 0.23 | 0.22 | 0.21 | — |
| Diluted EPS | — | 0.36 | 0.24 | 0.22 | 0.22 | 0.21 | — |
| Basic shares | — | 15.15B | 15.68B | 15.23B | 15.60B | 16.20B | — |
| Diluted shares | — | 15.15B | 15.68B | 15.93B | 15.60B | 16.20B | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $267.56B | $271.40B | $179.30B | $281.37B | $209.05B | -1.4% |
| Property, plant & equipment | $25.52B | $25.75B | $26.42B | $27.61B | $28.17B | -0.9% |
| Goodwill & intangibles | $18.77B | $17.53B | $17.31B | $17.29B | $17.25B | +7.1% |
| Total assets | $1.95T | $1.86T | $1.87T | $1.84T | $1.82T | +5.3% |
| Current debt | — | — | $40.81B | — | — | — |
| Long-term debt | $348.07B | $328.62B | $283.58B | $316.62B | $311.96B | +5.9% |
| Total debt | $348.07B | $328.62B | $326.21B | $316.62B | $311.96B | +5.9% |
| Total liabilities | $1.84T | $1.74T | $1.75T | $1.73T | $1.71T | +5.4% |
| Retained earnings | $111.43B | $107.94B | $106.06B | $102.29B | $98.79B | +3.2% |
| Shareholder equity | $109.35B | $106.03B | $103.17B | $101.08B | $100.50B | +3.1% |
| Net tangible assets | $90.57B | $88.50B | $85.86B | $83.79B | $83.25B | +2.3% |
| Shares issued | 14.67B | 14.69B | 14.69B | 14.89B | 14.89B | -0.1% |
No filings published for this symbol yet.
Newly listed companies often have nothing on file until their first annual report.
Newly listed companies often have nothing on file until their first annual report.
Options analytics
Put / call volume
0.03
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
8.00
-42.9% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
2.31K
Contracts, this expiry
Put volume
65
Contracts, this expiry
Heaviest call OI
8.00
0 contracts
Heaviest put OI
11.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.29 | 0.29 | -3.2% |
| Mar 2026 | 0.29 | 0.27 | -5.7% |
| Sep 2025 | 0.26 | 0.26 | -0.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.31 | 1 | $16.83B | +10.3% |
| Next quarter | 0.32 | 1 | $17.05B | +5.8% |
| Current year | 1.28 | 2 | $63.82B | +2.3% |
| Next year | 1.43 | 2 | $69.35B | +8.7% |
Analyst targets & ownership
Mean target$14.79
High target$15.78
Low target$13.00
Implied upside5.52%
Analyst count3
ConsensusNONE
Strong buy / Buy1 / 0
Hold2
Sell / Strong sell0 / 0
Held by insiders0.00%
Held by institutions3.54%
Institutions holding766
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
13.97
+0.37% from price
SMA 20
14.30
-2.02% from price
SMA 50
14.44
-2.95% from price
SMA 100
13.75
+1.99% from price
SMA 200
12.85
+9.00% from price
EMA 12
14.02
+0.03% from price
EMA 26
14.22
-1.42% from price
EMA 50
14.19
-1.21% from price
RSI (14)
46.4
Neutral
MACD (12,26,9)
-0.21
Hist -0.08
ATR (14)
0.34
2.46% of price
Realised vol 30D
29.0%
Annualised
Bollinger upper
15.18
20, 2σ
Bollinger lower
13.42
20, 2σ
50 / 200 cross
Golden
14.44 vs 12.85
Trend bias
Above 200
+9.00%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.68
More volatile than market
Correlation to SPY
0.64
Loosely linked
Realised vol 30D
29.0%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-20.3%
Peak to trough
Max drawdown 5Y
-42.0%
Peak to trough
ATR 14
0.34
2.46% of price
Beta (reported)
0.94
5Y monthly, from filing
Short interest
Shares short
40.77M
Prior 107.67M
Change vs prior
-62.1%
Shorts covering
% of float
0.34%
Normal
% of shares out
0.28%
Against total outstanding
Days to cover
2.5
Liquid
Float
14.09B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 25, 24 | Barclays | UPGRADE | Equal-Weight | Overweight |
| Apr 1, 22 | Credit Suisse | UPGRADE | Neutral | Outperform |
| Mar 21, 22 | Jefferies | UPGRADE | Hold | Buy |
| Dec 8, 21 | Credit Suisse | DOWNGRADE | Outperform | Neutral |
| Sep 20, 21 | Exane BNP Paribas | DOWNGRADE | Outperform | Neutral |
| Sep 9, 21 | Jefferies | UPGRADE | Underperform | Hold |
| Apr 6, 21 | Credit Suisse | UPGRADE | Neutral | Outperform |
| Jan 20, 21 | HSBC | UPGRADE | Hold | Buy |
| Jul 21, 20 | B of A Securities | DOWNGRADE | Neutral | Underperform |
| Jun 14, 18 | HSBC | UPGRADE | Hold | Buy |
| Mar 23, 18 | Keefe, Bruyette & Woods | UPGRADE | Market Perform | Outperform |
| Nov 24, 17 | Goldman Sachs | UPGRADE | Neutral | Buy |
Dividends & splits
Forward rate$0.28 / yr
Forward yield1.99%
5-year avg yield2.90%
Payout ratio26.71%
Ex-dividend dateMay 4, 2026
Next pay dateNov 5, 2026
Last split2:1
Split dateJun 21, 1999
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-10-01
Corporate Changes & Voting Matters
6-K · 2026-09-29
Corporate Changes & Voting Matters
6-K · 2026-09-24
Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions
425 · 2026-09-22
Offering Registrations
F-4 · 2026-09-21
Corporate Changes & Voting Matters
6-K · 2026-09-17
Notification filed by national security exchange to report the removal from listing and registration of matured
25-NSE · 2026-09-14
Corporate Changes & Voting Matters
6-K · 2026-09-10
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.