Banco Santander Central Hispano SA (ADR)

  • You Should Beware These High-Dividend Payers

    By Federico Zaldua - August 1, 2013 | Tickers: BBVA, SAN, HBC

    Some European banks have been great dividend payers in a zero interest rate world. At current market prices, Spanish banks such as Banco Santander (NYSE: SAN) and Banco Bilbao Vizcaya Argentaria (NYSE: BBVA), mostly known as BBVA, offer 8.5% and 4.6% cash dividend yields, respectively. But are those dividends sustainable? Let's analyze each case separately and offer a viable solution.

    High-dividend champion

    Banco Santander's Chairman, Emilio more »

  • Is it Time to Invest in Europe?

    By Andrés Cardenal - July 26, 2013 | Tickers: SAN, BAMXF, DB, TOT

    The European crisis has been long and painful, and it´s still too early to tell if the Eurozone is leaving the recession behind. However, recent economic data is quite auspicating, so maybe it’s time to invest in European companies while they are still cheap.

    European Green Shoots

    European stocks were rising on Wednesday as the Markit Flash Eurozone PMI index reveled encouraging data about the health of the more »

  • 4 International Banks to Consider

    By Ryan Peckyno - July 20, 2013 | Tickers: SAN, ING, BNS, WBK

    It seems like every day when I open a magazine or newspaper there is some sort of article about the Government seeking to increase regulation over US Banks.

    As a citizen, I find these efforts laudable. As an investor, however, they don’t make me want to invest in US banks. The push for new capital requirements, for instance, raises concern. In theory, imposing capital requirements on the banks should more »

  • Recapitalization Plan Sows Confusion but May Offer Big Profits

    By Mike Thiessen - June 13, 2013 | Tickers: SAN, NBG

    Over the past couple of months, the quasi-private National Bank of Greece (NYSE: NBG) has been engaged in a complex, high-stakes restructuring plan that could significantly affect the price of its U.S.-traded ADRs. In late April, the bank received final approval from its shareholders to execute a share offering worth nearly 10 billion euros or $13 billion. The offering was open to any investors who held the company more »

  • 3 European Banks: A Review

    By Vanina Egea - June 11, 2013 | Tickers: BBVA, SAN, UBS

    Stocks of Europe’s biggest banks have outpaced Europe’s most important market indices in the past year. This out-performance happened while the banks were working towards strengthening their balance sheets to abide by newly implemented Basel III rules. Some of these banks have been restructuring their operations by shrinking their workforce and businesses. Spanish banks are fiercely competing for market share in their home country to manage their liquidity more »

  • 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 »

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