Edition:
India

Banco Santander SA (SAN.MC)

SAN.MC on Madrid SE C.A.T.S.

5.66EUR
21 Feb 2018
Change (% chg)

€-0.02 (-0.39%)
Prev Close
€5.68
Open
€5.66
Day's High
€5.68
Day's Low
€5.62
Volume
28,032,720
Avg. Vol
37,940,274
52-wk High
€6.25
52-wk Low
€4.92

Latest Key Developments (Source: Significant Developments)

Banco Santander to cut scrip dividend payment to boost cash payment
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Chairman of Spain's Banco Santander ::SAYS PLANS TO GRADUALLY REDUCE AMOUNT PAID IN SCRIP DIVIDEND TO INCREASE CASH DIVIDEND PROPORTION.SAYS IS NOT PLANNING ANY ACQUISITIONS IN EUROPE, BUT IS PLANNING ON ROLLING OUT DIGITAL INITIATIVES.SAYS PLANS ON MAINTAINING BUSINESS UNITS IT INHERITED FROM POPULAR.  Full Article

Santander Q4 Net Profit At 1.54 Billion Euros
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Santander ::FY NET INTEREST INCOME 34.30 BILLION EUROS.FY NET PROFIT 6.62 BILLION EUROS.Q4 NET PROFIT 1.54 BILLION EUROS.Q4 NET INTEREST INCOME 8.61 BILLION EUROS.FULLY-LOADED CORE TIER 1 CAPITAL RATIO 10.84 PERCENT AT END-DEC.NON-PERFORMING LOANS 4.08 PERCENT AT END-DEC.RETURN ON TANGIBLE EQUITY (ROTE) 10.41 PERCENT IN Q4.SAYS REMAINS CONFIDENT IT WILL ACHIEVE ALL TARGETS FOR 2018.  Full Article

Santander To Pay Interim Dividend Of 0.06 Euro Gross/Shr On Feb 1
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - BANCO SANTANDER SA ::SAYS TO PAY FY 2017 THIRD INTERIM DIVIDEND OF 0.06 EURO GROSS PER SHARE ON FEB 1, 2018.  Full Article

UK's CMA Issues Directive To 5 Banks On Open Banking Remedy
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - UK's Competition and Markets Authority::UK'S CMA- DIRECTIONS ISSUED TO 5 BANKS TO ENSURE THEY COMPLY AND RELEASE PERSONAL AND BUSINESS ACCOUNT DATA SETS AS PART OF THE OPEN BANKING REMEDY.UK'S CMA- DIRECTIONS ISSUED TO BARCLAYS, HSBC, BANK OF IRELAND, SANTANDER, RBS.UK'S CMA- FIVE BANKS TOLD US THAT THEY WOULD NOT BE ABLE TO RELEASE ALL OF THESE DATA SETS BY THE SPECIFIED DATE.  Full Article

Santander Says Fidelity Bonds Offer Accepted In 77.88 Pct ‍​
Friday, 15 Dec 2017 

Dec 15 (Reuters) - BANCO SANTANDER SA ::FIDELITY BONDS OFFER TO RETAIL CLIENTS AFFECTED BY BANCO POPULAR'S RESOLUTION ACCEPTED IN 77.88 PERCENT ‍​.ACCEPTED OFFER AMOUNT IS 764.0 MILLION EUROS.  Full Article

Santander To Sell US Totalbank To BCI For 444 Mln Euros
Friday, 1 Dec 2017 

Dec 1 (Reuters) - BANCO SANTANDER SA ::BANCO POPULAR, UNIT OF SANTANDER, REACHES DEAL TO SELL ENTIRE STAKE IT HOLDS IN ITS UNIT TOTALBANK FOR ABOUT 444 MILLION EUROS ($528 MILLION).BANCO POPULAR SAYS IT IS EXPECTED TO HAVE POSITIVE IMPACT OF 5 BASIS POINTS IN GRUPO SANTANDER'S CET1 (FULLY-LOADED) CAPITAL RATIO.BANCO POPULAR EXPECTS THE OPERATION TO BE CLOSED DURING SECOND SEMESTER OF 2018.SAYS BUYER OF TOTALBANK IS BCI, OPERATION SUBJECT TO REGULATORY APPROVALS.  Full Article

Santander approves adjustments to group goodwill, changes board
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - BANCO SANTANDER SA ::SAID ON TUESDAY THE BOARD APPROVED ADJUSTMENTS TO THE GOODWILL OF THE GROUP AND CHANGES TO THE BOARD'S COMPOSITION.AGREES TO ALLOCATE 600 MILLION EUROS AS A GOODWILL IMPAIRMENT .MAINTAINS ITS GOAL TO INCREASE DIVIDEND PER SHARE IN 2017 AND 2018 AND EARNINGS PER SHARE IN 2017 AND 2018, THE LATTER BY DOUBLE DIGITS.TO APPOINT RAMIRO MATO AS INDEPENDENT DIRECTOR AND MEMBER OF EXECUTIVE COMMITTEE.MATIAS RODRIGUEZ INCIARTE AND ISABEL TOCINO TO LEAVE THE BOARD OF DIRECTORS OF BANCO SANTANDER TO TAKE ON NEW ROLES.  Full Article

Banco Santander starts talks with unions about Popular HQ integration‍​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - BANCO SANTANDER SA ::STARTS NEGOTIATIONS WITH UNIONS ABOUT BANCO POPULAR HEADQUARTER INTEGRATION‍​.NEGOTIATIONS TO DEFINE PLAN TO INTEGRATE HQ AND SUPPORT STAFF OF SANTANDER ESPANA, POPULAR AND GROUP'S CORPORATE CENTER.  Full Article

Santander says Catalan situation bad for business across Spain
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Spain's Santander Jose Antonio Alvarez; :Says that the current political situation in Catalonia is not good for business throughout all of Spain.Says sees significant uncertainty in Mexico due to talk of Nafta (North American Free Trade Agreement) renegotiation.Says expects more competition in mortgage business in Britain.Says expects "some profits" from property deal with Blackstone.Reiterates financial targets for Banco Popular.Says does not expect any further restructuring costs for Banco Popular this year.  Full Article

Banco Santander Q3 net profit down 14 pct at 1.46 bln euros
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - BANCO SANTANDER SA ::Q3 NET PROFIT 1.46 BILLION EUROS.RETURN ON TANGIBLE EQUITY (ROTE) 11.31 PERCENT IN Q3.9-MONTH NET PROFIT 5.08 BILLION EUROS.FULLY-LOADED CORE TIER 1 CAPITAL RATIO 10.80 PERCENT AT END-SEPT.Q3 NET INTEREST INCOME 8.68 BILLION EUROS.9-MONTH NET INTEREST INCOME 25.69 BILLION EUROS.NPLS 4.24 PERCENT AT END-SEPT.SAYS REITERATES TARGET TO DELIVER DOUBLE DIGIT EARNINGS PER SHARE (EPS) GROWTH BY 2018.SAYS IS ADVANCING TOWARD MEETING TARGETS FOR 2017‍​.SAYS CONFIDENT TO MEET ALL COMMERCIAL AND FINANCIAL TARGETS BY 2018.  Full Article

BRIEF-Banco Santander to cut scrip dividend payment to boost cash payment

* SAYS PLANS TO GRADUALLY REDUCE AMOUNT PAID IN SCRIP DIVIDEND TO INCREASE CASH DIVIDEND PROPORTION