|Bid||31.84 x 0|
|Ask||31.92 x 0|
|Day's range||31.84 - 32.52|
|52-week range||26.56 - 38.15|
|Beta (5Y monthly)||1.04|
|PE ratio (TTM)||15.56|
|Earnings date||28 Oct 2020|
|Forward dividend & yield||2.59 (8.53%)|
|Ex-dividend date||15 Aug 2022|
|1y target est||34.89|
Santander's Chief Executive Officer Jose Antonio Alvarez said on Tuesday that liquidity in the banking sector was "extraordinarily high" and therefore did not see contagion risks in the sector. "I don't think there is that capacity for contagion," he said when asked about the situation of Credit Suisse. On Monday, Credit Suisse Group AG saw its shares slide by as much as 11.5% and its bonds hit record lows before clawing back some of the losses amid concerns about the lender's ability to restructure its business without asking for more money.
Shares of several Brazilian banks (and Brazilian stocks in general) rose today after results for the first round of the country's presidential election were reported. Shares of Banco Santander Brasil (NYSE: BSBR) were up roughly 9.2% as of 2:01 p.m. ET. Banco Bradesco (NYSE: BBD) climbed 10.2%, and Itau Unibanco Holding (NYSE: ITUB) traded nearly 10% higher as well.
Spain's Santander board approved on Tuesday an interim cash dividend against 2022 results of 0.0583 euro per share, equivalent to around 20% of the group's underlying profit in the first half of 2022, the lender said. The cash dividend represents an increase of around 20% compared with the interim 0.0485 euro per share paid against 2021 results. Santander's dividend policy consists of a remuneration target of around 40% of the group's underlying profit, split in equal parts in cash dividend payments and share buybacks.