SAN Earnings Prediction
The chart below shows how SAN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SAN sees a -3.10% change in stock price 10 days leading up to the earnings, and a -1.20% change 10 days following the report. On the earnings day itself, the stock moves by -0.75%. This data can give you a slight idea of what to expect for the next quarter's release.
SAN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
16.53B
0.69%
-0.60%
Gross Margin
--
--
--
Operating Margin
37.32%
13.88%
-3.96%
Net Margin
23.85%
13.36%
6.00%
EPS
0.23
15.00%
0.00%
No Data Available
SAN Earnings Analysis
Banco Santander S.A. Corporation (SAN.N) Earnings Conference Call
Positive
Record Quarter Performance: Q3 was another record quarter for Santander, which continues to demonstrate the benefits from the execution of our strategy and the resilience of our business model.
Profit Increase and Customer Growth: Profit reached €3.3 billion, 12% above the Q3 on '23, on the back of a solid franchise of 171 million customers that continues to increase as we improve our customer experience through simplification, automation and leverage of our global platforms.
Record Profit Achievement: Profit reached €9.3 billion in the first nine months, also a record of 14%, supported by strong customer revenue growth across regions and all the global businesses.
Efficiency Improvement and RoTE Growth: We achieved this as we invest for the future, and we continue to make excellent progress towards a simpler and more integrated model, which has helped us to improve our efficiency by 229 basis points and increased our RoTE to 16.2%.
Strong Balance Sheet Stability: Finally, our balance sheet remained solid with a sound capital ratio and robust credit quality and contributed to the strong profitable growth, shareholder value creation, and attractive remuneration.
Negative
Record Quarter Performance: Q3 was another record quarter for Santander, which continues to demonstrate the benefits from the execution of our strategy and the resilience of our business model.
Profit Increase and Customer Growth: Profit reached €3.3 billion, 12% above the Q3 on '23, on the back of a solid franchise of 171 million customers that continues to increase as we improve our customer experience through simplification, automation and leverage of our global platforms.
Record Profit Achievement: Profit reached €9.3 billion in the first nine months, also a record of 14%, supported by strong customer revenue growth across regions and all the global businesses.
Efficiency Improvement and RoTE Growth: We achieved this as we invest for the future, and we continue to make excellent progress towards a simpler and more integrated model, which has helped us to improve our efficiency by 229 basis points and increased our RoTE to 16.2%.
Strong Balance Sheet Stability: Finally, our balance sheet remained solid with a sound capital ratio and robust credit quality and contributed to the strong profitable growth, shareholder value creation, and attractive remuneration.
SAN FAQs
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SAN Earning Call Sentiment
Banco Santander, S.A. (SAN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SAN.N
1.18%Positive
The earnings call summary indicates strong financial performance, with increased revenue, NII, and improved cost-to-income ratio. Shareholder returns are emphasized with a significant dividend increase. The Q&A highlights potential risks in the Motor Finance business but management downplays material impact. Guidance on NII is mixed, but overall outlook remains positive with expected growth in Brazil and stable trading income. The positive aspects outweigh the negatives, suggesting a positive stock price movement over the next two weeks.