US · SAN
Banco Santander, S.A.
- Sector
- Financial Services · Banks - Diversified
- Headquarters
- Madrid 28660
- Website
- santander.com
Price · as of 2025-12-31
$12.07
Market cap 182.47B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $39.00 | +223.12% |
| Intrinsic Value(DCF) | $4.78 | -60.4% |
| Graham-Dodd Method(GD) | $12.20 | +1.08% |
| Graham Formula(GF) | $0.70 | -94.2% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $3.86 | $24.12 | $0.00 | $3.10 | $12.40 |
| 2012 | $4.34 | $20.09 | $0.00 | $4.40 | $1.80 |
| 2013 | $5.68 | $18.97 | $0.00 | $5.70 | $0.00 |
| 2014 | $4.58 | $20.75 | $0.00 | $6.40 | $6.90 |
| 2015 | $3.51 | $21.43 | $0.00 | $5.30 | $5.30 |
| 2016 | $4.36 | $22.71 | $0.00 | $4.60 | $2.70 |
| 2017 | $5.26 | $24.61 | $0.00 | $4.50 | $4.90 |
| 2018 | $3.75 | $21.72 | $0.00 | $4.40 | $3.20 |
| 2019 | $2.88 | $19.32 | $1.06 | $3.60 | $5.40 |
| 2020 | $3.05 | $29.77 | $2.42 | $1.70 | $4.60 |
| 2021 | $2.66 | $31.72 | $3.60 | $6.40 | $5.30 |
| 2022 | $3.37 | $21.09 | $0.02 | $6.60 | $32.00 |
| 2023 | $4.06 | $21.39 | $0.13 | $7.40 | $37.20 |
| 2024 | $6.65 | $12.87 | $0.27 | $7.80 | $13.70 |
| 2025 | $11.96 | $33.30 | $0.00 | $12.20 | $0.70 |
AI valuation
Our deep-learning model estimates Banco Santander, S.A.'s (SAN) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $39.00
- Current price
- $12.07
- AI upside
- +223.12%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$4.78
-60.4% upside
Graham-Dodd
$12.20
+1.08% upside
Graham Formula
$0.70
-94.2% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| SAN | Banco Santander, S.A. | $12.07 | 182.47B | +176% | -60% | +1% | -94% | 11.23 | 1.54 | 1.32 | 28.35 | 86.47 | 1.85 | 40.05% | 15.58% | 11.76% | 13.98% | 3.07% | 0.76% | 4.47 | 0.31 | 2.57 | 0.00 | 21.11 | 1299.00% | -771.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 33.17 | — | 5.17 | 0.39 |
| BBVA | Banco Bilbao Vizcaya Arge… | $23.13 | 132.44B | +295% | -36% | -61% | +6% | 11.68 | 1.98 | 3.07 | -4.54 | 1962.60 | 2.08 | 83.56% | 43.94% | 28.46% | 17.19% | -24.66% | 1.19% | 1.43 | — | 0.44 | 0.44 | -0.68 | 60.00% | 408.00% | -68124.00% | 99.28% | 0.18 | -249.73% | 3.55% | 41.50% | 90.40% | -4.97 | -0.72 | -2.18 | -0.31 |
| BCS | Barclays PLC | $24.28 | 84.05B | +59% | -29% | +19% | — | 8.71 | 0.80 | 2.33 | -16.00 | 43.53 | 0.90 | 108.66% | 37.28% | 26.74% | 9.59% | -3.84% | 0.47% | 2.20 | 0.47 | 0.58 | 0.58 | -5.41 | 2000.00% | -4805.00% | -24569.00% | -12.93% | -0.01 | 3.93% | 3.54% | 30.80% | 68.70% | -17.44 | 21.61 | -6.50 | -0.11 |
| C | Citigroup Inc. | $110.22 | 197.21B | +15% | -11% | -8% | -52% | 14.35 | 0.96 | 1.21 | 10.53 | 82.10 | 1.07 | 44.55% | 11.78% | 8.48% | 6.72% | 5.22% | 0.56% | 3.37 | 0.24 | 0.48 | 0.48 | 15.86 | 1748.00% | -141.00% | -18515.00% | 10.98% | 0.02 | 8.05% | 2.65% | 38.00% | 11.64% | 12.27 | 10.92 | 1.45 | -0.11 |
| HSBC | HSBC Holdings plc | $93.16 | 320.01B | -18% | +186% | -73% | -23% | 14.79 | 1.76 | 2.12 | 5.35 | — | 1.90 | 54.63% | 20.27% | 15.11% | 11.67% | 27.55% | 0.68% | 2.79 | 0.47 | 2.62 | 2.62 | 7.19 | -242.00% | 319.00% | -8471.00% | 3.00% | 0.04 | 11.52% | 4.32% | 63.90% | 5.47% | 5.19 | 16.56 | 1.05 | 0.36 |
| ING | ING Groep N.V. | $28.77 | 83.22B | +114% | -32% | +11% | — | 11.31 | 1.44 | 3.11 | 14.71 | 39.70 | 1.48 | 94.34% | 39.71% | 27.47% | 12.65% | 6.01% | 0.61% | 3.41 | — | 0.13 | 0.13 | 12.73 | 2848.00% | -6531.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 14.71 | — | 5.84 | -0.72 |
| MUFG | Mitsubishi UFJ Financial … | $18.64 | 211.28B | -44% | +27% | -35% | +24% | 9.44 | 1.17 | 1.94 | -13.69 | 33.40 | 1.29 | 56.54% | 20.52% | 14.99% | 12.72% | -5.30% | 0.62% | 4.36 | 0.46 | 0.49 | 0.49 | -6.64 | 2827.00% | 1413.00% | -9563.00% | -1.87% | 0.00 | 1.23% | 2.21% | 20.90% | 3.95% | -15.92 | 90.18 | -3.27 | -0.34 |
| NWG | NatWest Group plc | $16.60 | 33.09B | +38% | +14% | +23% | +161% | 3.17 | 0.57 | 0.83 | -0.22 | 11.59 | 0.69 | 56.34% | 26.15% | 19.78% | 18.81% | 80.29% | 1.08% | 1.69 | 0.60 | 0.20 | 0.20 | -1.53 | 2736.00% | 320.00% | 73429.00% | 23.70% | 0.01 | 79.68% | 9.73% | 30.80% | 20.20% | -0.26 | -0.34 | -0.07 | -0.51 |
| RY | Royal Bank of Canada | $167.23 | 234.95B | +114% | -45% | -73% | -37% | 16.33 | 2.39 | 2.42 | 34.89 | 64.13 | 2.96 | 45.26% | 18.67% | 14.82% | 15.30% | 2.63% | 0.91% | 6.00 | 0.36 | 0.13 | 0.13 | 26.02 | 2547.00% | 213.00% | 15398.00% | 15.92% | 0.04 | 6.84% | 2.65% | 43.20% | 6.70% | 39.08 | 18.92 | 7.30 | -0.45 |
| UBS | UBS Group AG | $41.43 | 130.91B | +65% | -41% | -13% | — | 16.88 | 1.15 | 1.76 | 5.25 | 73.30 | 1.25 | 63.65% | 11.89% | 10.43% | 7.02% | 5.01% | 0.39% | 3.82 | 0.33 | 0.42 | 0.42 | 14.12 | 2303.00% | -2043.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 7.14 | — | 0.85 | -0.27 |
About Banco Santander, S.A.
Banco Santander, S.A. provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products. The company also provides cash, asset, and wealth management; and private banking services. In addition, it is involved in the corporate banking; treasury, risk hedging, foreign trade, confirming, custody, and investment banking activities. The company operates through a network of 9,879 branches. The company was formerly known as Banco Santander Central Hispano S.A. and changed its name to Banco Santander, S.A. in June 2007. Banco Santander, S.A. was founded in 1856 and is headquartered in Madrid, Spain.
- CEO
- Hector Blas Grisi Checa
- Employees
- 206.74K
- Beta
- 0.94
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($4.78 ÷ $12.07) − 1 = -60.4% (DCF, example).