RBC reaffirms Buy for Banco Santander stock at EUR 13.25
Published on 10/05/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
RBC Capital reaffirmed a Buy rating and a EUR 13.25 price target for Banco Santander in a report dated October 1, 2026, as Markets Insider reported. Banco Santander stock was trading at EUR 12.10 at Lang & Schwarz on October 5, 2026 at 1:13 p.m. CEST, plus 2.54 percent versus the EUR 11.80 prior close.
Dividend rises to 12.7 euro cents
Banco Santander announced an interim cash dividend of 12.7 euro cents per share against 2026 results, up 10.00 percent from the prior-year interim payment. The dividend is payable on November 2, 2026, according to Santander in its September 29, 2026 release.
The company said total interim shareholder remuneration against first-half 2026 results will reach EUR 3.7 billion, split between a cash dividend and a share buyback. The payout decision gives the latest analyst target a direct capital-return backdrop.
First-half profit grows 15.00 percent
Santander reported underlying profit of EUR 7.328 billion in the first half of 2026, an increase of 15.00 percent year over year. Revenue rose 6.00 percent to EUR 30.847 billion, while the efficiency ratio improved by 2.90 percentage points to 42.80 percent, according to Santander.
The EUR 13.25 RBC target lies 9.50 percent above the Lang & Schwarz price of EUR 12.10. Santander's investor calendar lists its 9M 2026 earnings presentation for October 28, 2026, while the interim dividend payment follows on November 2, 2026.
Stock remains below the analyst target
The Lang & Schwarz quote stood at EUR 12.10 on October 5, 2026 at 1:13 p.m. CEST, up 2.54 percent against the EUR 11.80 prior close. The primary listing is on the NYSE, where the last quoted price was USD 13.36 on October 2, 2026 at 4:00 p.m. ET; the 52-week range was USD 9.62 to USD 15.05 and market capitalization was USD 196.1 billion.
The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.
Banco Santander market data
- Company: Banco Santander, S.A.
- ISIN: US05964H1059
- Ticker: SAN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 1:13 p.m. CEST): EUR 12.10
- Change versus prior close: plus 2.54 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 11.80
- Market capitalization: USD 196.1 billion (as of October 2, 2026)
- 52-week range: USD 9.62-15.05 (as of October 2, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 28, 2026
