Santander Markets At Least a Dozen SRTs in Move to Boost Profits [Yahoo! Finance Canada]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
US:NYSE Investor Relations:
santander.com/csgs/satellite/cfwcsancomqp01/en_gb/corporate/shareholders-and-investors.html
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- Banco Santander SA is seeking to sell more more than a dozen significant risk transfers amid an effort to boost profitability. Most Read from Bloomberg The Spanish lender is marketing SRTs linked to more than €20 billion ($21 billion) of loans out of its global operations including the US, Germany, the UK and Mexico, people familiar with the matter said. The deals are at various stages in the sales process, the people said, asking not to be identified discussing the private information. The wave of transactions is part of Santander's push to free up capital by using transactions including SRTs, asset sales and other types of hedging transactions. The idea is to improve returns on the capital and use it elsewhere in the business, for example, to expand lending. Santander's new approach to capital is “changing completely the model of the bank,” Chief Executive Officer Hector Grisi said on an earnings call last month. The lender now has “tremendous capacity” to mo
Show less
Read more
Impact Snapshot
Event Time:
SAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAN alerts
High impacting Banco Santander, S.A. Sponsored ADR (Spain) news events
Weekly update
A roundup of the hottest topics
SAN
News
- PBB Bond Sale Said to Leave Banks Stuck With a Chunk of Debt [Yahoo! Finance]Yahoo! Finance
- Banco Santander, S.A. (NYSE: SAN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Banco Santander, S.A. (NYSE: SAN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Automotive Finance Market to surpass $544.1 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]Yahoo! Finance
- Misperceptions Preventing Americans From Earning More on Their Money Ahead of Holiday Season, Santander Survey Finds [Yahoo! Finance]Yahoo! Finance
SAN
Earnings
- 10/30/24 - Miss
SAN
Analyst Actions
- 9/7/24 - UBS Group AG
SAN
Sec Filings
- 11/21/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/12/24 - Form 13F-HR
- SAN's page on the SEC website