Latest news with #SAN
Yahoo
11-07-2025
- Business
- Yahoo
Why Banco Santander (SAN) is a Top Dividend Stock for Your Portfolio
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Based in Madrid, Banco Santander (SAN) is in the Finance sector, and so far this year, shares have seen a price change of 88.16%. The financial holding company is currently shelling out a dividend of $0.09 per share, with a dividend yield of 2.11%. This compares to the Banks - Foreign industry's yield of 3.33% and the S&P 500's yield of 1.52%. Looking at dividend growth, the company's current annualized dividend of $0.18 is up 20% from last year. Over the last 5 years, Banco Santander has increased its dividend 4 times on a year-over-year basis for an average annual increase of 35.07%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Banco Santander's current payout ratio is 18%, meaning it paid out 18% of its trailing 12-month EPS as dividend. SAN is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $0.97 per share, with earnings expected to increase 16.87% from the year ago period. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. But, not every company offers a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SAN is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Banco Santander, S.A. (SAN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
India Today
30-06-2025
- Entertainment
- India Today
Exclusive: ATEEZ calls GOLDEN HOUR. Part. 3 era ‘bold and playful'; message to Indian ATINYs
From sold-out stadium tours to chart-topping albums, K-pop group ATEEZ has cemented their place on the global music scene, especially with their recent Billboard Hot 100 entry, where their title track Lemon Drop from GOLDEN HOUR : Part.3 made history. The song debuted at No. 69, making ATEEZ only the third K-pop boy group, after BTS and Stray Kids, to break into the chart. Now in their seventh year, the group continues to defy expectations with fearless creativity and unshakable an exclusive chat with India Today, the members of ATEEZ opened up about their evolving artistry, the significance of GOLDEN HOUR: Part.3, and the unspoken language that binds them on and off-stage.A NEW DAWN IN GOLDEN HOUR ERAWith every comeback, ATEEZ rewrites its narrative. But this time, there's a shift, not just in sound, but in spirit. GOLDEN HOUR : Part.3 feels like a cinematic turning point, a more mature reflection of who ATEEZ has become. "With GOLDEN HOUR : Part.3, I felt a deeper sense of maturity, not just in the music, but in how we approached the entire process," says YUNHO, main dancer and vocalist of ATEEZ. "We've had so many incredible moments lately, but with that comes a strong thirst to keep growing and showing something new. Creatively, we took on more challenges, tried different sounds, and focused on expressing more detailed emotions."advertisementTheir latest hit, Lemon Drop, is a radiant title track with edge and effervescence. SAN, lead dancer and vocalist, explains, "Lemon Drop has this cool and refreshing energy that we felt really fit the mood of this moment in our journey. It's bright and uplifting but also has a bit of a mature edge in how we deliver the emotions. We wanted to show that ATEEZ can be fresh and playful, but still grown, and this song balanced that perfectly." THE BOLD, THE BRAVE AND THE BEAT DROPSATEEZ's genre-bending reputation stems from one thing: being fearless. As captain and creative anchor, HONGJOONG elaborates, "For every comeback, we have a lot of discussions with each other and with our team. Everyone brings their own thoughts and ideas to the table, and we're not afraid to challenge one another. I think that's what makes our music stronger. The bold direction ATEEZ takes is really the result of that collective energy and trust."WEATHERING STORMS- BOTH ON AND OFF STAGEPerformance is core to ATEEZ's DNA. But sometimes, the best stories come from the most difficult stages."One of the most challenging but unforgettable performances for us was our New York concert at Citi Field last year," shares WOOYOUNG, main dancer and vocalist. "Because of the weather, there was a two-hour delay, and since we had to respect the curfew, we performed the entire setlist without any breaks. But the energy from both us and the fans was so strong that we didn't even feel the rain or exhaustion. It was a tough show, but one we'll never forget. We're so excited to return to Citi Field for this year's concert." ATEEZ members in a promotional poster for GOLDEN HOUR: Part 3. Credits: KQ Entertainment Their synergy? Not luck—just years of practice and patience. YEOSANG, a rapper, vocalist and performer, adds, "I think our synergy on stage comes from spending so much time together. Over the years, we've got to understand each other's movements, timing, and energy almost instinctively. But at the same time, it's something we're always working on. We constantly communicate, give feedback, and discuss how to make each performance better. There's a lot of consideration and teamwork involved."INSIDE ATEEZ'S MOOD BOARDAsked to visualise the group's energy in symbols, SEONGHWA, a key vocalist in the group, paints a vibrant picture: "If ATEEZ had a mood board right now, I think it would include fire, to show our passion, because we're always trying to pioneer our own path. And some splashes of color throughout. Those color splashes probably take up more of the mood board, standing in for at least two of the words, to represent the individuality and bold colors each member brings. Right now, our energy is about moving forward with confidence while staying true to who we are."[] Pre-save/add GOLDEN HOUR : Part.3 'In Your Fantasy Edition'!Pre-save ATEEZ's new album on your library!Pre-save/add : RELEASE 2025. 07. 11 1PM#ATEEZ ##GOLDENHOUR ATEEZ() (@ATEEZofficial) June 30, 2025advertisementPRE-SHOW RITUALSHow does a group known for powerful performances prep behind the scenes?"Before we go on stage, we don't really have a strict routine," says MINGI, main rapper and one of the creative anchors of the group. "It's more about relaxing and preparing mentally. Sometimes we stretch together or talk casually to ease the tension. Each of us just finds our own way to focus and get in the right mindset before the show. The goal is always the same, to go on stage feeling ready, give our best, and just enjoy performing."ATEEZ'S MANIFESTATION BOARDAs the world watches their rise, the members remain grounded and I could manifest one dream for ATEEZ in the next year, it would be to challenge ourselves musically even further," says JONGHO, the maknae of the group and main vocalist of the group. "To keep pushing our limits and trying things that help us grow as artists. I also hope we can visit more countries and meet fans we haven't seen yet. And personally, I truly wish for everyone's health, especially the members. When the people you care about are healthy, everything else becomes even more meaningful."[] ' 100 ' KQ, " " ##GOLDENHOUR #GOLDENHOUR_Part3 #LemonDrop— ATEEZ() (@ATEEZofficial) June 26, 2025When asked what GOLDEN HOUR : Part.3 would look like in a film, YUNHO has a vivid metaphor ready: "I think it would be that moment when the characters are running through an open field under the sun, laughing and catching their breath, like everything feels fresh, bright, and full of possibility."ATEEZ is currently in their seventh year together. Looking back, YEOSANG reflects on the memories that define them: "Looking back on our 6-year journey, I think the moments that define ATEEZ the most are when we're on stage with ATINY—whether it's a comeback stage, a fan-meeting, a festival, or one of our concerts. There's something about feeling the energy from the fans in real time that reminds us why we do what we do."advertisementTO INDIAN ATINYs, WITH LOVE ATEEZ's fanbase in India has grown exponentially, and the group feels the love."To our Indian ATINYs: We know you've been waiting patiently for a long time, and we're truly thankful for your love and support from afar," says WOOYOUNG. "We see all the messages, the energy, and the passion you send us. It means so much to us, and we hope we can see you soon!"And that gives hope to Indian ATINYs to watch their favourite group perform in India in the coming 12th mini-album GOLDEN HOUR: Part.3 is currently streaming on all platforms. The five songs on the EP, including 'Lemon Drop,' 'Masterpiece,' 'Now this house ain't a home,' 'Castle,' 'Bridge: The Edge of Reality,' give a closer glimpse of their discography, that is widely unique and group will soon be embarking on their fifth world tour [IN YOUR FANTASY] that will kickstart in July this year. The group will also drop an extended album titled GOLDEN HOUR: Part.3 [In Your Fantasy] edition. It drops on July 11, 2025.- Ends
Yahoo
10-06-2025
- Business
- Yahoo
This is Why Banco Santander (SAN) is a Great Dividend Stock
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Banco Santander (SAN) is headquartered in Madrid, and is in the Finance sector. The stock has seen a price change of 76.32% since the start of the year. The financial holding company is paying out a dividend of $0.09 per share at the moment, with a dividend yield of 2.25% compared to the Banks - Foreign industry's yield of 3.7% and the S&P 500's yield of 1.53%. Looking at dividend growth, the company's current annualized dividend of $0.18 is up 20% from last year. Over the last 5 years, Banco Santander has increased its dividend 4 times on a year-over-year basis for an average annual increase of 17.90%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Banco Santander's current payout ratio is 18%. This means it paid out 18% of its trailing 12-month EPS as dividend. Earnings growth looks solid for SAN for this fiscal year. The Zacks Consensus Estimate for 2025 is $0.96 per share, which represents a year-over-year growth rate of 15.66%. From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout. For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, SAN is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Banco Santander, S.A. (SAN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
HSBC vs. SAN: Which Global Bank Deserves a Spot in Your Portfolio?
HSBC Holdings plc HSBC and Banco Santander S.A. SAN are two of Europe's leading multinational banks, with an extensive global footprint. While HSBC is intensifying its pivot toward Asia (seeking to capitalize on the region's faster economic growth), SAN is reinforcing its position in its core markets across Europe and the Americas, with primary focus on retail and commercial banking. The key question is: Can HSBC's Asia-focused growth strategy outperform Santander's Europe and Americas-centric approach? To find out which stock presents the better investment opportunity, let's examine the underlying factors driving each bank's performance. London-based HSBC is doubling down on its Asia-focused strategy as the core of its long-term growth plan. It aims to become a leading wealth manager for high-net-worth and ultra-high-net-worth clients in Asia, which now accounts for more than half of its operations. In mainland China, HSBC is rapidly expanding its wealth business by launching integrated lifestyle-based wealth centers in key cities, acquiring Citigroup's retail wealth portfolio, investing in digital capabilities and hiring talent to strengthen its Premier Banking, Private Banking and Asset Management India, HSBC is aggressively scaling its presence. The bank received approval from the Reserve Bank of India to open 20 new branches, significantly expanding beyond its current footprint of 26 branches in 14 cities. With India's ultra-high-net-worth population projected to surge 50% by 2028, HSBC is positioning itself to capture this growth through its Global Private Banking platform (launched in 2023), the acquisition of L&T Investment Management (2022) and ongoing enhancements to its Premier Banking Asia, HSBC is taking steps to streamline and refocus its global operations. In early 2025, it announced a $1.5 billion cost-saving plan tied to organizational simplification, with estimated upfront charges of $1.8 billion by 2026. The bank is redeploying another $1.5 billion from underperforming or non-core areas into strategic part of its global restructuring, HSBC has exited or divested operations in the United States, Canada, Argentina, Russia, Greece, New Zealand, Armenia and retail banking in France and Mauritius. It is also winding down certain investment banking activities in the U.K., Europe and the United States, and reviewing its operations in markets like Germany, South Africa, Bahrain and Malta to sharpen its focus and improve revenue generation at HSBC has been subdued over the past several quarters. While the interest rate environment across the world improved, the financial impact of the challenging macroeconomic backdrop continues to weigh on the company's top-line growth. Not-so-impressive loan demand and a tough macroeconomic environment in many of its markets are concerning. Santander, one of Spain's largest lenders, is actively streamlining operations and reallocating resources to strengthen its presence in high-growth markets across Europe and the Americas. In May 2025, it announced the sale of a 49% stake in its Polish banking unit, part of a broader effort to focus on more profitable markets. Following this transaction, Santander expects its CET1 capital ratio to temporarily exceed its 12–13% target, with plans to reinvest strategically and maintain financial €3.2 billion in capital released from the sale will be returned to shareholders through share buybacks, supporting Santander's €10 billion buyback target for 2025–2026. The redeployment of capital is also expected to be earnings-accretive by 2027–2028, driving growth via a mix of organic expansion, acquisitions and continued shareholder returns. This approach will enhance the bank's flexibility to scale in key regions, including Western Europe and the the United States, Santander plans to close around 20 retail branches—5% of its network—by August 2025, aligning with a growing customer shift to digital banking. This supports the rapid expansion of Openbank, SAN's digital banking platform. Openbank, originally launched in 2017, is now Europe's largest fully digital bank by deposits and operates in several countries, including Spain, Germany and these initiatives is the One Transformation program, launched in 2014, to drive digitalization, operational efficiency and customer-centric growth. The program has unified the operating model for Retail and Commercial Banking, reduced costs and improved service delivery. These efforts have kept Santander on track to hit its 2025 targets, including €62 billion in revenues and solid growth in fee income. The Zacks Consensus Estimate for HSBC's 2025 and 2026 earnings indicates 5.1% and 3% growth, respectively. Over the past month, earnings estimates for 2025 have moved north, while for 2026, it has been revised lower. Earnings Trend Image Source: Zacks Investment Research On the contrary, analysts are more optimistic about SAN's prospects. The consensus mark for 2025 and 2026 earnings suggests an increase of 15.7% and 7%, respectively. Also, over the past 30 days, earnings estimates for 2025 and 2026 have been revised upward. Earnings Trend Image Source: Zacks Investment Research This year, Santander's shares have performed extremely well on the bourses compared with HSBC. The SAN stock has soared 76.6% on the NYSE, while HSBC gained 19.6%. Further, the industry has rallied 23.2% in the same time frame. YTD Price Performance Image Source: Zacks Investment Research Valuation-wise, HSBC is currently trading at a 12-month trailing price/tangible book (P/TB) of 1.06X, higher than its five-year median of 0.75X. The SAN stock, on the other hand, is currently trading at a 12-month trailing P/TB of 1.36X, which is higher than its five-year median of 0.71X. Further, both are trading at a discount to the industry average of 2.29X. P/TB TTM Image Source: Zacks Investment Research Thus, HSBC is inexpensive compared to HSBC's return on equity (ROE) of 12.55% is slightly above SAN's 12.26%. This reflects HSBC's efficient use of shareholder funds to generate profits. ROE Image Source: Zacks Investment Research Santander appears to be the better investment opportunity, given its stronger near-term earnings outlook and superior stock performance. The company's strategic capital redeployment and digital transformation via Openbank provide strong catalysts for sustained profitability. Furthermore, its year-to-date stock rally demonstrates solid investor confidence relative to HSBC's modest HSBC's pivot to Asia and high-net-worth wealth management could yield significant long-term gains, especially as India and China's affluent classes expand. Its disciplined global exit strategy and cost-saving plan may improve returns. Yet, muted revenue growth and weak earnings performance raise near-term concerns. While HSBC trades at a more attractive valuation and has a slightly better ROE, Santander's higher growth momentum and aggressive capital return strategy make it the better bet present, HSBC and SAN carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Banco Santander, S.A. (SAN) : Free Stock Analysis Report HSBC Holdings plc (HSBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-05-2025
- Business
- Yahoo
SAN's Business Restructuring Initiatives Driving Growth: Time to Buy?
One of the largest Spanish lenders, Banco Santander, S.A. SAN, is undertaking several steps to streamline operations and pivot toward high-growth markets in Europe and the Americas. In sync with this, on May 5, the company announced the sale of approximately 49% stake in its Polish banking business, Santander Bank Polska S.A., to Austrian bank Erste Group for €6.8 billion ($7.7 billion).In addition, Erste Group will acquire 50% of Santander Polska's asset management business (TFI), which is not currently owned by the bank, for €0.2 billion. This brings the total consideration to €7 billion. The transaction, expected to close by the year-end, is projected to result in a €2 billion net capital gain for SAN. Following the completion, Banco Santander will retain around 13% of Santander Polska and intends to fully acquire Santander Consumer Bank Polska by purchasing the remaining 60% stake from Santander Polska before closure, SAN will temporarily operate with a CET1 ratio above its 12–13% target, with plans to return to this range by strategically deploying capital to drive profitable organic growth and investments that enhance earnings, returns and shareholder value. The bank will distribute 50% of the capital released—around €3.2 billion—via share buybacks, accelerating progress toward its €10 billion buyback target for 2025–2026. Further, the transaction is expected to be accretive to SAN's earnings by 2027-2028, with re-deployed capital supporting further growth through share buybacks, organic expansion and strategic acquisitions. This will enhance its flexibility to invest across existing markets in Europe and the Americas. Financial Impact of the Transaction Image Source: Banco Santander, S.A. Since the announcement of the above-mentioned transaction, shares of Banco Santander have risen 3.6% on the NYSE. Expansion of Digital Bank: Per a recent filing with the Office of the Comptroller of the Currency, Banco Santander plans to close approximately 20 U.S. branches—around 5% of its U.S. retail network—by August, as part of its strategy to streamline operations and respond to the growing shift toward digital banking. This move aligns with the rapid growth of its U.S.-based digital platform, Openbank, which has already surpassed $2 billion in deposits since its launch in October 2024. Originally relaunched in 2017, Openbank has grown to become Europe's largest fully digital bank by deposit volume, operating across Spain, Germany, Portugal, the Netherlands, the United States and Mexico. Representing SAN's broader commitment to innovation, Openbank leverages advanced technologies such as AI-powered financial tools and a Roboadvisor platform, offering customers a seamless and intelligent approach to saving and Transformation Program: Launched in 2014, the One Transformation program focuses on digital transformation, operational efficiency and customer experience. As such, SAN created a common operating and business model for Retail and Commercial Banking segments, which continues to boost productivity, cut service costs and empower it to improve customer by the One Transformation program, Banco Santander kicked off 2025 in a strong fashion, with its first-quarter 2025 net profit of €3.4 billion marking a fourth straight quarterly record. The company posted 19% year-over-year growth in net profit on revenues of €15.5 billion, which rose 5% in constant currency terms. One Transformation Execution Image Source: Banco Santander, S.A. Additionally, SAN is on track to achieve its 2025 targets, including almost €62 billion of revenue and mid-high single-digit growth in net fee income in constant euros. 2025 Targets Image Source: Banco Santander, S.A. The Zacks Consensus Estimate for Banco Santander's 2025 revenues suggests a 3.6% decline on a year-over-year basis because of a challenging operating backdrop. On the other hand, 2026 revenues are expected to grow 3.4%. Further, the consensus estimate for earnings indicates a 12.1% and 12.2% increase for 2025 and 2026, respectively. Earnings estimates for both years have been revised upward over the past 30 days. SAN's Earnings Trend Image Source: Zacks Investment Research Banco Santander's shares have performed extremely well on the bourses this year. The stock has soared 62.3% so far this year compared with the industry's rally of 16.1%. Also, it has outperformed its peers, Barclays BCS and HSBC Holdings HSBC, in the same time frame. SAN YTD Price Performance Image Source: Zacks Investment Research Now, let's take a look at the value SAN offers investors at current present, Banco Santander is trading at 1.25X 12-month trailing price/tangible book (P/TB), below its five-year median of 0.71X. Meanwhile, the industry has P/TB TTM of 2.18X. Hence, the stock looks inexpensive compared with the industry average. SAN P/TB TTM Image Source: Zacks Investment Research Further, Barclays has a P/TB TTM of 0.70X and HSBC's P/TB TTM is 1.02X. So, Banco Santander is trading at a premium compared with Barclays and HSBC. SAN's efforts to restructure its business to improve operating efficiency through the One Transformation program and digital expansion plan are projected to drive growth. Yet, a tough operating backdrop because of global macroeconomic headwinds and not-so-impressive loan demand is likely to act as a spoilsport to some extent. Nonetheless, bullish analyst sentiments and inexpensive valuation make Banco Santander stock a lucrative bet for SAN carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Barclays PLC (BCS) : Free Stock Analysis Report Banco Santander, S.A. (SAN) : Free Stock Analysis Report HSBC Holdings plc (HSBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
