NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has given initial ratings to seven categories of mortgage-backed notes from Santander Mortgage Asset Receivable Trust 2025-NQM1 (SAN 2025-NQM1), which is a $283.8 million non-prime RMBS deal. The collateral includes 714 residential mortgages, many of which were approved using alternative income documentation. About 59.1% of these loans were not subject to the ATR/QM rule because they were created for business purposes.
Banco Santander (Brasil) S.A. has submitted its Annual Report on Form 20-F, which includes its financial and operational information for 2024. This filing was made to both the U.S. Securities and Exchange Commission (SEC) and the Brazilian Securities and Exchange Commission (CVM) on February 28, 2025.
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. has released a new survey showing that almost 80% of consumers (78%) consider saving very important. However, 70% of them (69%) do not take advantage of higher-rate accounts like high-yield savings accounts, money market accounts, and certificates of deposit (CDs) that could help them save more effectively. These results are part of the fourth report in Santander Bank's Openbank Growing Personal Savings (GPS) series.
Since my last update, Banco Santander has performed well, reporting strong fourth quarter results and optimistic guidance for FY2025, which has pushed its shares above tangible book value. The management anticipates a solid 16.5% return on tangible equity this year, suggesting a price-to-earnings ratio of about 7x based on the current P/TBVPS multiple. Although the increase in share price has reduced the stock's total yield due to Santander's typical 50% payout ratio, capital returns for 2025-2026 have been raised by around €4 billion.
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A company spokesperson stated on Thursday that Banco Santander's UK operations are an essential part of the Spanish bank's diverse global business model and are not available for sale.
European stock markets ended lower on Friday, with the Stoxx Europe 600 index falling by 0.44%.
We have just put together a list of 10 companies that are seeing improved earnings and forecasts. In this article, we will examine how Banco Santander SA (NYSE:SAN) compares to other stocks. The stock market continued its positive trend on Wednesday, finishing higher as investors appeared to have anticipated the news.
Banco Santander attributed its record results in 2024 to the effectiveness of its technology platforms.
Banco Santander, S.A. (NYSE:SAN) held its Q4 2024 Earnings Conference Call on February 5, 2025, at 4:00 AM ET. Key participants included Raul Sinha, Ana Botín, Hector Grisi, and José García Cantera, along with various representatives from major financial institutions. The call began with Raul Sinha thanking everyone for attending the presentation of Santander's 2024 results.