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Banco Santander SA (GB:0HLE)
LSE:0HLE
Holding GB:0HLE?
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.18Last Year’s EPS
0.2Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: -5.07%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record profits, improved efficiency, and a solid balance sheet. Despite some challenges from currency effects and regulatory uncertainties, the overall outlook remains positive, driven by strategic execution and technological advancements.Company Guidance
During the Q3 2024 earnings call for SAN.MC, Santander reported a record profit of EUR 3.3 billion, up 12% year-over-year, and EUR 9.3 billion for the first nine months, marking a 14% increase. The company's RoTE reached 16.2%, a rise attributed to a 229 basis point improvement in efficiency. The TNAV plus dividend per share grew by 14%, with a 39% increase in the cash dividend per share expected for 2024. Santander's CET1 ratio stood at 12.5%, comfortably above the 12% target, even under full Basel III implementation. Amidst strong customer revenue growth and a robust balance sheet, the bank maintained a cost of risk at 1.14% year-to-date, expecting it to align with the 2024 target. Santander also highlighted strategic advancements, such as simplifying and automating processes, enhancing customer experiences, and leveraging global platforms, which contributed to consistent profitable growth and shareholder value creation.Record Profit Growth
Profit reached EUR 3.3 billion for Q3, a 12% increase from Q3 2023. Year-to-date profit stands at EUR 9.3 billion, a 14% increase, driven by strong customer revenue growth across regions.
Improved Efficiency and RoTE
Efficiency improved by 229 basis points, and RoTE increased to 16.2% due to a simpler and more integrated model.
Strong Balance Sheet
The CET1 ratio ended September at 12.5%, comfortably above the target of 12% even after Basel III implementation, with a 14% increase in TNAV plus dividend per share.
Global Business and Technology Advancements
Global businesses delivered 82 basis points in efficiency gains, and Global Tech capabilities contributed 72 basis points. The deployment of global platforms is on track, enhancing customer experience and operational leverage.
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GB:0HLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0HLE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $4.93 | $4.77 | -3.20% |
| Jul 24, 2024 | $4.87 | $5.02 | +3.10% |
| Apr 30, 2024 | $5.01 | $4.81 | -3.92% |
| Jan 31, 2024 | $3.85 | $3.94 | +2.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Banco Santander SA (GB:0HLE) report earnings?
Banco Santander SA (GB:0HLE) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Banco Santander SA (GB:0HLE) earnings time?
Banco Santander SA (GB:0HLE) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Banco Santander SA stock?
The P/E ratio of Banco Santander SA is N/A.
What is GB:0HLE EPS forecast?
GB:0HLE EPS forecast for the fiscal quarter 2024 (Q4) is 0.18.
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