Santander Results Look Unexciting

Dow Jones07-22 16:56

0856 GMT - Banco Santander's second-quarter results seem unexciting, as the Spanish bank reported earnings that were in line with expectations and reiterated guidance, Keefe, Bruyette & Woods's Hugo Cruz and Ben Maher say in a research note. The group's net profit exceeded expectations in the U.S., Spain and Chile, but its digital-consumer and Brazilian operations fared worse than expected, according to KBW. "These results are perhaps unexciting, but the share price has underperformed the [Euro Stoxx Banks index] by 2% over the last month, and [Santander's] transformation into the potential scale winner in Europe banking seems to be on track, so we reiterate our rating of outperform," the analysts say. Shares rise 1.9%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

July 22, 2026 04:56 ET (08:56 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653275322?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-22 16:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653275322","market":"nz","top_or_hot":-1,"title":"Santander Results Look Unexciting","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0856 GMT - Banco Santander's second-quarter results seem unexciting, as the Spanish bank reported earnings that were in line with expectations and reiterated guidance, Keefe, Bruyette &amp; Woods's Hugo Cruz and Ben Maher say in a research note. The group's net profit exceeded expectations in the U.S., Spain and Chile, but its digital-consumer and Brazilian operations fared worse than expected, according to KBW. \"These results are perhaps unexciting, but the share price has underperformed the [Euro Stoxx Banks index] by 2% over the last month, and [Santander's] transformation into the potential scale winner in Europe banking seems to be on track, so we reiterate our rating of outperform,\" the analysts say. Shares rise 1.9%. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 04:56 ET (08:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Santander Results Look Unexciting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSantander Results Look Unexciting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-22 16:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0856 GMT - Banco Santander's second-quarter results seem unexciting, as the Spanish bank reported earnings that were in line with expectations and reiterated guidance, Keefe, Bruyette &amp; Woods's Hugo Cruz and Ben Maher say in a research note. The group's net profit exceeded expectations in the U.S., Spain and Chile, but its digital-consumer and Brazilian operations fared worse than expected, according to KBW. \"These results are perhaps unexciting, but the share price has underperformed the [Euro Stoxx Banks index] by 2% over the last month, and [Santander's] transformation into the potential scale winner in Europe banking seems to be on track, so we reiterate our rating of outperform,\" the analysts say. Shares rise 1.9%. (adria.calatayud@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 04:56 ET (08:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GSIB","symbol_name":"THEMES GLOBAL SYSTEMICALLY IMPORTANT BANKS ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653275322","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653275322","pubTimestamp":1784710560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0856 GMT - Banco Santander's second-quarter results seem unexciting, as the Spanish bank reported earnings that were in line with expectations and reiterated guidance, Keefe, Bruyette & Woods's Hugo Cruz and Ben Maher say in a research note. The group's net profit exceeded expectations in the U.S., Spain and Chile, but its digital-consumer and Brazilian operations fared worse than expected, according to KBW. \"These results are perhaps unexciting, but the share price has underperformed the [Euro Stoxx Banks index] by 2% over the last month, and [Santander's] transformation into the potential scale winner in Europe banking seems to be on track, so we reiterate our rating of outperform,\" the analysts say. Shares rise 1.9%.  Dow Jones NewswiresJuly 22, 2026 04:56 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GSIB":"THEMES GLOBAL SYSTEMICALLY IMPORTANT BANKS ETF","BK4207":"综合性银行","BK4521":"英国银行股","SAN":"桑坦德银行"},"translate_title":"桑坦德银行的结果看起来并不令人兴奋","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAN":0.9,"GSIB":0.6},"content_text":"0856 GMT - Banco Santander's second-quarter results seem unexciting, as the Spanish bank reported earnings that were in line with expectations and reiterated guidance, Keefe, Bruyette & Woods's Hugo Cruz and Ben Maher say in a research note. The group's net profit exceeded expectations in the U.S., Spain and Chile, but its digital-consumer and Brazilian operations fared worse than expected, according to KBW. \"These results are perhaps unexciting, but the share price has underperformed the [Euro Stoxx Banks index] by 2% over the last month, and [Santander's] transformation into the potential scale winner in Europe banking seems to be on track, so we reiterate our rating of outperform,\" the analysts say. Shares rise 1.9%. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 22, 2026 04:56 ET (08:56 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653275322","isCrawlerRequest":true}