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home / news releases / SAN - Santander Looks Cheap At 6.3x P/E And 0.65x Tangible Book Value

SAN - Santander Looks Cheap At 6.3x P/E And 0.65x Tangible Book Value

Banco Santander S.A. Sponsored ADR
  • Shares of Spanish banking giant Santander have struggled, not just recently, but over longer timeframes too.
  • This is a decent bank, but the stock has de-rated significantly while growth has been static.
  • First quarter results were not well received by the market.
  • Santander has its negative points, mainly on balance sheet and capital returns potential, but its stock is cheap nonetheless.

For further details see:

Santander Looks Cheap At 6.3x P/E And 0.65x Tangible Book Value
Stock Information
Company Name: Banco Santander S.A. Sponsored ADR
Stock Symbol: SAN
Market: NYSE
Website: santander.com
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