Valuation Banco Santander, S.A.

Equities

Market Closed - BME Other stock markets 11:43:20 2026-06-05 am EDT			5-day change	1st Jan Change
10.67 ^EUR	-0.50%		-0.50%	+6.00%

Jun. 05	Banco Santander vice president sells 180,000 shares	AN
Jun. 02	European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	50,197	46,383	60,030	67,599	147,810	153,511	-	-
Change	-	-7.6%	29.42%	12.61%	118.66%	3.86%	-	-
Enterprise Value (EV)	50,197	46,383	60,030	67,599	147,810	153,511	153,511	153,511
Change	-	-7.6%	29.42%	12.61%	118.66%	3.86%	0%	0%
P/E ratio	6.74x	5.2x	5.81x	5.8x	11.2x	10.1x	8.64x	7.61x
PBR	0.58x	0.52x	0.58x	0.63x	1.31x	1.39x	1.31x	1.23x
PEG	-	0.2x	0.3x	0.3x	0.7x	0.6x	0.5x	0.6x
Capitalization / Revenue	1.08x	0.89x	1.05x	1.09x	2.37x	2.44x	2.26x	2.17x
EV / Revenue	0x	0x	0x	0x	0x	2.44x	2.26x	2.17x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.25x	3.82x	3.57x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.1	0.1178	0.1405	0.195	0.225	0.2714	0.4037	0.5054
Rate of return	3.4%	4.2%	3.72%	4.37%	2.23%	2.54%	3.78%	4.74%
EPS ²	0.436	0.539	0.65	0.77	0.9	1.055	1.236	1.403
Distribution rate	22.9%	21.9%	21.6%	25.3%	25%	25.7%	32.7%	36%
Net sales ¹	46,404	52,117	57,423	62,211	62,390	63,005	67,856	70,596
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	24,989	28,251	32,222	36,177	36,665	36,082	40,213	43,007
Net income ¹	8,124	9,605	11,076	12,574	14,101	15,804	17,896	19,882
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	2.94	2.80	3.78	4.46	10.07	10.67	10.67	10.67
Nbr of stocks (in thousands)	17,071,070	16,550,713	15,882,962	15,141,457	14,678,242	14,381,778	-	-
Announcement Date	2/2/22	2/2/23	1/31/24	2/5/25	2/3/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BANCO SANTANDER, S.A.	10.11x	-	-	2.54%	177B
JPMORGAN CHASE & CO.	14x	-	-	2.02%	837B
BANK OF AMERICA CORPORATION	12.04x	-	-	2.19%	382B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.72x	-	-	5.41%	368B
HSBC HOLDINGS PLC	11.24x	-	-	4.61%	312B
CHINA CONSTRUCTION BANK CORPORATION	5.73x	-	-	5.33%	300B
ROYAL BANK OF CANADA	17.04x	-	-	2.5%	270B
BANK OF CHINA LIMITED	6.05x	-	-	5.15%	270B
WELLS FARGO & COMPANY	11.73x	-	-	2.29%	251B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	16.45x	-	-	2.35%	227B
Average	11.01x			3.44%	339.27B
Weighted average by Cap.	11.30x			3.29%