Banco Santander (SAN) Scheduled to Post Earnings on Tuesday

Banco Santander (NYSE:SAN) will issue its quarterly earnings data before the market opens on Tuesday, April 30th. Analysts expect the company to announce 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 earnings per share for the quarter, meeting the consensus estimate of $0.18. Banco Santander had a net margin of 19.29% and a return on equity of 10.82%. The firm had revenue of $15.67 billion for the quarter. During the same period in the prior year, the company earned $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 Performance

Shares of NYSE:SAN traded up $0.05 during 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 12 month low of $3.20 and a 12 month high of $5.17. The stock has a 50-day moving average price of $4.55 and a 200-day moving average price of $4.17. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 4.24. The firm has a market cap of $80.87 billion, a PE ratio of 7.30, a PEG ratio of 0.49 and a beta of 1.22.

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 paid a $0.1027 dividend. The ex-dividend date of this dividend is Monday, April 29th. This is an increase 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 upgraded 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.