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0 0 0.000552922590837257 0.000394944707740978 0.000355450236966838 -0.000394944707740838 -0.00315955766192726 -0.00118483412322265
Stock impact report

Banco Santander: I Am Cautious As The Long-Term Risk-Reward Proposition Is Not Great [Seeking Alpha]

Banco Santander, S.A. Sponsored ADR (Spain) (SAN) 
Company Research Source: Seeking Alpha
Despite SAN's capital return prospects and strong share buybacks, earnings momentum remains weak due to rate sensitivity and flat loan growth. SAN now trades at 1.62x book value, its highest in a decade, with a forward dividend yield of just 2.16%, below sector averages. I remain cautious on SAN stock, as its risk-reward is unattractive for long-term or income-focused investors given stretched valuation and muted earnings outlook. World photo/iStock Editorial via Getty Images As I've covered back in October, I wasn't particularly bullish on Banco Santander, S.A. ( SAN ) as the bank's premium valuation compared to historical values and its relatively weak earnings momentum were This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compe Show less Read more
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