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Banco Santander SA (SANq.L)

SANq.L on London Stock Exchange

512.50GBp
12:05pm EDT
Change (% chg)

2.50 (+0.49%)
Prev Close
510.00
Open
510.00
Day's High
516.50
Day's Low
505.00
Volume
6,422,765
Avg. Vol
16,740,477
52-wk High
517.55
52-wk Low
230.55

Latest Key Developments (Source: Significant Developments)

Polish BZ WBK plans PLN 5.4/share dividend from 2014, 2015 profit
Wednesday, 19 Apr 2017 07:30am EDT 

WARSAW, April 19 (Reuters) - Bank Zachodni WBK (BZ WBK) :Poland's No.3 lender by assets BZ WBK SA <<>> said on Wednesday that it plans to pay out a dividend this year from the profits it made in 2014 and 2015..The total dividend to be paid out later this year will amount to almost 535.9 million zlotys ($135.64 million) or 5.4 zlotys per share, the bank said. .BZ WBK also said it will follow the financial market regulator recommendation to retain its whole 2016 profit.nL5N1GN4HZ.($1 = 3.9509 zlotys).  Full Article

Banco Santander says expects to meet 11 pct ROTE target for 2018
Friday, 7 Apr 2017 04:10am EDT 

CEO of Spain's Banco Santander :Says bank expects to meet its 11 percent return-on-tangible equity (ROTE) - a measure of profitability - target for 2018.  Full Article

Banco Santander files with U.S. SEC for potential mixed shelf; size not disclosed - SEC filing
Monday, 3 Apr 2017 01:35pm EDT 

Banco Santander SA :Files with U.S. SEC for potential mixed shelf; size not disclosed - SEC filing.  Full Article

Banco Santander says on track to meet capital target by 2018
Wednesday, 25 Jan 2017 01:11am EST 

Spain's Banco Santander : Says is on track to meet fully-loaded capital target of over 11 percent by 2018 .Says repeats commitments for 2017 and 2018.  Full Article

Santander nears deal to buy back asset-management stake - Bloomberg
Wednesday, 16 Nov 2016 09:00am EST 

Banco Santander Sa : Santander said near deal to buy back asset-management stake - Bloomberg, citing sources . Santander to buy back 50 percent stake in an asset-management unit it sold to buyout firms three years ago - Bloomberg . Santander in talks with Santander asset management's other shareholders, Warburg Pincus and General Atlantic for the deal - Bloomberg, citing sources .Santander deal could be announced as soon as this week - bloomberg.  Full Article

Banco Santander says will not change fees on Spanish accounts
Wednesday, 26 Oct 2016 04:44am EDT 

Banco Santander :CEO Jose Antonio Alvarez says will not change fees in the flagship 123 account in Spain.  Full Article

Banco Santander expects NII to fall in Spain, rise in UK
Wednesday, 26 Oct 2016 04:44am EDT 

Banco Santander Sa : Says expects net interest income (NII) to fall in Spain in next few quarters .Says in Britain expects net interest margin to rise in next couple of quarters.  Full Article

Spain's Santander cuts profitability target for UK business
Friday, 30 Sep 2016 04:53am EDT 

Spain's Banco Santander : Says cuts return on tangible equity ratio target (ROTE) for UK business in 2018 to between 8 and 10 percent from the range of between 12 and 14 percent set out in the previous strategy plan . Says cuts cost to income ratio target for British unit to between 50 and 52 percent in 2018 from a previous target of below 50 percent .  Full Article

Banco Santander lowers profitability target for Spain
Friday, 30 Sep 2016 04:53am EDT 

Spain's Banco Santander : Says cuts return on tangible equity ratio target (ROTE) for Spain in 2018 to 13 percent from the 14 percent set out in the previous strategy plan . Says changes cost-to-income ratio for Spanish business to 55 percent for 2018 from a previous target of about 50 percent .Says improves targets for non-performing loans to below 4 percent for 2018 from a previous target of below 4.5 percent.  Full Article

Santander says growth expectations worse in some markets, especially UK
Friday, 30 Sep 2016 03:27am EDT 

Spain's Banco Santander : Says growth expectations have deteriorated in some of the bank's markets, especially in Britain. .Says this had led to many currencies depreciating against the euro and an expectation that interest rates will remain lower for longer.  Full Article

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