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Banco Santander Central Hispano SA (ADR)

  • Italy, Spain, And Greece: Are There Any Opportunities?

    By Federico Zaldua - May 23, 2013 | Tickers: SAN, E, GREK | Editor's Choice

    Following Fitch's upgrade of Greece's credit rating, ten-year Greek government bond yields fell below 8%, the lowest yield since June 2010. Meanwhile, Italian and Spanish bonds have also rallied strongly and then now yield 3.85% and 4.18% respectively. All these economies are still suffering, but some world-famous hedge funds are already making long bets. Should you go long on any of those economies? 

    One politically complicated more »

  • Banco Santander: An Undervalued Investment Opportunity

    By Matt Smith - May 15, 2013 | Tickers: BBVA, SAN, BNS

    With the advent of the Spanish banking crisis triggered by the collapse of the Spanish property bubble, Banco Santander (NYSE: SAN), Spain´s largest bank, has seen its share price plunge in value by 36% since the crisis began. This sell off was triggered by investor fears over the quality of the bank´s assets and its exposure to the sovereign debt of those nations on the periphery of the more »

  • What Recent Earnings Mean for This Bank Stock

    By Alex Bastardas - May 13, 2013 | Tickers: BBVA, SAN, DB

    Finding a value stock in today's bullish market is not an easy task. Many analysts agree that, while there might be cheap individual stocks out there, there are very few sectors that are deeply undervalued as a whole. One exception would be European banks.

    One of the leading Euro banks, the Spanish banking giant Banco Santander (NYSE: SAN), recently reported its Q1 2013 earnings. What do they mean for more »

  • A New Look at Europe's Banking Landscape

    By John McKenna - May 8, 2013 | Tickers: SAN, DB

    On May 2, European Central Bank head Mario Draghi announced a 25 basis point cut in the bank’s interest rate, from 0.75% to 0.5%. This marks the first cut in the interest rate since July 2012 amidst the news of slow economic activity in the first quarter. This was a cut that many saw coming, as the ECB looks to stimulate lending to businesses among Europe’s more »

  • Portfolio Review, First Quarter Results Are Here!

    By Federico Zaldua - May 6, 2013 | Tickers: SAN, BP, XOM

    Two out of my top five holdings have released first-quarter results. According to me, they are all sustainable dividend payers and, specially one of them, is ready to outperform the market. Below is my analysis of first-quarter results of a couple of my holdings.

    Stay long

    The magic is working, and as I have mentioned before, there is a successful turnaround story at BP (NYSE: BP). Its first quarter figures more »

  • A Health Check on the Global Financial System: Can Europe Get Out of Its Jam?

    By Fani Kelesidou - April 23, 2013 | Tickers: ALU, SAN, DB

    After completing its latest health check on the global financial system, the International Monetary Fund revealed some encouraging results. Apparently, the system is in better shape than it was six months ago, showing greater resilience against macroeconomic headwinds. In the U.S., the housing market is on the comeback trail, consumer spending is picking up, and banks seem poised to increase lending.

    But, don't get your hopes up. The more »

  • Banks: Three Regions, Three Different Risks

    By Damian Illia - April 5, 2013 | Tickers: SAN, C, ITUB

    I will analyze three banks from three different regions. The three banking institutions I will review are: Santander (NYSE: SAN) from Spain, Citigroup (NYSE: C) from the US and Itau Unibanco (NYSE: ITUB) from Brazil.

    Nowadays, banks have risk exposure to multiple countries and industry sectors. However, most banks still depend on the performance of the domestic economy in which they are more exposed. Let’s see the prospects of more »

  • Banks: Three Regions, Three Different Risks

    By Damian Illia - April 1, 2013 | Tickers: SAN, C, ITUB

    I will analyze three banks from three different regions. The three banking institutions I will review are: Santander (NYSE: SAN) from Spain, Citigroup (NYSE: C) from the US and Itau Unibanco (NYSE: ITUB) from Brazil.

    Nowadays, banks have risk exposure to multiple countries and industry sectors. However, most banks still depend on the performance of the domestic economy in which they are more exposed. Let’s see the prospects of more »

  • This Bank Stock Might Be a Bargain at Current Prices

    By Alex Bastardas - March 31, 2013 | Tickers: BBVA, SAN

    Banco Santander (NYSE: SAN) has been used -wrongly- as a proxy for the Eurozone economy since the beginning of the European debt crisis. Once hailed as one of the best banks in the world (and with a stock price in the low-20s), it has now been severely beaten down (its stock price is lower than $7). However, the market seems to ignore that SAN gets less than 20% of its more »

  • Gavyn Davies Might Be Wrong About Europe

    By Federico Zaldua - March 28, 2013 | Tickers: SAN, NBG

    According to Gavyn Davies' Sunday Article in the Financial Times (FT), “Cyprus is certainly at the extreme end, but an over-leveraged banking system, with insufficient capital and reliance on foreign funding, is familiar territory in the Euro-zone. Cyprus is therefore, in some respects, a microcosm of the entire Euro-zone crisis, if a microcosm on steroids(...).”

    I respect Mr. Davies a lot; after all, he is a well-known macroeconomist who is more »

  • Is it Worth Investing in Dividend Kings?

    By Lior Cohen - March 28, 2013 | Tickers: SAN, NRP, VGR

    Many investors seek high paying dividend stocks that will also maintain their value over time. Big companies such as Altria or BP offer around 5% annual yield for their dividend, which is very high. Let’s examine several smaller companies from different sectors that offer much higher dividend yield. Is it worth investing in these companies?

    Coal Making a Comeback

    Natural Resource Partners (NYSE: NRP) has a market cap of more »

  • Eurozone: Mr. Market Needs to Go Crunch Numbers

    By Federico Zaldua - March 21, 2013 | Tickers: BBVA, SAN, UNCFF

    A few days ago I wrote an article making strong criticism on the one-off tax that Cyprus was about to impose on its bank deposits. Nowadays, after the parliament in Cyprus has rejected such tax imposition we are in a grey zone where nobody knows what is going to happen next. My educated guess is that the first day banks open in Cyrpus, regardless of whatever the tax situation might more »

  • Cyprus and Your Banking Shares

    By Federico Zaldua - March 19, 2013 | Tickers: BBVA, SAN, UNCFF

    I have been recommending one European bank as an equity and fixed income investment since the year started. This bank is Spanish based Banco Santander (NYSE: SAN), and I still think the bank is a good long. I believe its huge cash dividend ($0.80 per share or +10%) has great chances of being sustainable, and hence the shares constitute a fair income source. That said, when I recommended Santander more »

  • Healing Transactions At Troubled European Banks

    By Reuben Brewer - March 18, 2013 | Tickers: SAN, NBG, UNCFF

    National Bank of Greece (NYSE: NBG) is set to buy Eurobank (NASDAQOTH: EGFEY). The move will make National Bank the largest player in that troubled nation. Being the big guy in a bad market may not sound like a great thing, but it is a step in the right direction for the region's banking industry.

    The Epicenter

    Greece was pretty much the epicenter of the financial earthquake that rocked more »

  • Dividend Stocks Trump Foreign Bonds

    By Calla Hummel - March 1, 2013 | Tickers: SAN, BSAC, KO, VIV

    Traditionally, investors put money into stocks for capital appreciation and invest in bonds for income with capital preservation. Financial advisers routinely recommend investing in both stocks and bonds, a strategy that proved particularly prudent over the last 30 years, when bonds outperformed stocks. However, for those of us building our portfolios now, low interest rates make bonds look only marginally more attractive than a savings account. Low interest rates have more »

  • Financial Transactions Tax and Investors

    By Nate Wooley - February 28, 2013 | Tickers: SAN, BAC, DB, JPM

    Starting next year the European Union – less the United Kingdom and a few others – will begin collecting a tax on all financial transactions. That means that for stock purchases, derivative contracts, repurchase agreements and other items that traders execute there will be an extra levy attached. This should have a fun effect on the market.

    This is one of a host of items, both in the U.S. and Europe more »

  • Thinking Dividends

    By Federico Zaldua - February 27, 2013 | Tickers: MO, SAN, EPB, E, PM

    Several times in this blog I have stressed how important it is to focus on how you, as a minority passive investor, get your cash back. You should think of stocks as actual cash for cash investments (if you make a cash investment, you should receive a stream of cash payments). Unfortunately, most "investors" just buy speculatively. This means people buy because they think others are buying and, eventually, prices more »

  • Europe's Mess Isn't Over, Here Are Some Risky Bank Plays

    By Reuben Brewer - February 11, 2013 | Tickers: BBVA, SAN, IITSF, NBG, UNCFF

    With an ebb in the flow of bad news out of Europe, some commentators and market watchers are calling an end to the continent's woes. It's probably way too soon for that. Either way, however, aggressive investors still have time to get aboard some high-risk turnaround plays.

  • Santander's Dividend Is Sustainable

    By Federico Zaldua - February 7, 2013 | Tickers: BBVA, SAN

    I highly recommend the article on Emilio Botin, the Chairman of Banco Santander (NYSE: SAN), published by the Financial Times last weekend. The article told the story of how Botin made himself into one of the most powerful individuals in Spain and one of Europe's most influential bankers. The article states that the bank is sustaining its huge +9.5% cash dividend (although that represents an expected 2013 116 more »

  • On Santander, Take the Warren Buffett Approach

    By Gaurav Seetharam - January 23, 2013 | Tickers: BSBR, SAN, BSAC, BSMX

    Part of the Warren Buffett philosophy is to look at troubled sectors in search of a diamond in the rough. He believes that you should buy companies whose stocks are depressed by factors other than their underlying business, because fundamentals will always win out in the end. This got me thinking about Banco Santander (NYSE: SAN) and whether or not Europe's current economic woes make it a buying opportunity more »

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