TrueMark Investments LLC Has $2.26 Million Stock Holdings in Banco Santander, S.A. $SAN

TrueMark Investments LLC lowered its position in Banco Santander, S.A. (NYSE:SAN) by 20.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 215,429 shares of the bank’s stock after selling 56,024 shares during the quarter. TrueMark Investments LLC’s holdings in Banco Santander were worth $2,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of SAN. Fiduciary Financial Group LLC raised its position in Banco Santander by 6.7% during the 3rd quarter. Fiduciary Financial Group LLC now owns 16,554 shares of the bank’s stock worth $173,000 after purchasing an additional 1,038 shares during the last quarter. Leavell Investment Management Inc. raised its position in shares of Banco Santander by 6.0% during the third quarter. Leavell Investment Management Inc. now owns 19,617 shares of the bank’s stock worth $206,000 after acquiring an additional 1,108 shares during the last quarter. Earned Wealth Advisors LLC lifted its stake in shares of Banco Santander by 5.1% in the third quarter. Earned Wealth Advisors LLC now owns 27,887 shares of the bank’s stock worth $292,000 after acquiring an additional 1,359 shares during the period. Farmers & Merchants Investments Inc. increased its position in Banco Santander by 75.0% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 3,500 shares of the bank’s stock valued at $37,000 after purchasing an additional 1,500 shares during the period. Finally, Invesco Ltd. raised its holdings in Banco Santander by 4.4% during the 2nd quarter. Invesco Ltd. now owns 42,573 shares of the bank’s stock worth $353,000 after purchasing an additional 1,786 shares during the last quarter. Institutional investors and hedge funds own 9.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SAN shares. DZ Bank lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 18th. Zacks Research downgraded Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Barclays cut Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Kepler Capital Markets upgraded Banco Santander from a “hold” rating to a “buy” rating in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group lowered shares of Banco Santander from a “strong-buy” rating to a “strong sell” rating in a research note on Thursday, October 16th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Banco Santander has a consensus rating of “Hold”.

Key Stories Impacting Banco Santander

Here are the key news stories impacting Banco Santander this week:

• Neutral Sentiment: Santander’s research team downgraded ASML Holding to a Sell — a client-facing research move that signals a more cautious view on ASML but is not directly material to Santander’s core banking earnings. Banco Santander downgrades ASML Holding NV to a Sell
• Neutral Sentiment: David Miller, vice chair of Santander’s investment banking unit, is set to step down — a notable leadership change that could affect the IBD franchise but has not been presented as a sudden governance crisis. Investors should watch for succession details. Santander vice chair David Miller set to step down
• Neutral Sentiment: Santander plans to let more investment bankers use WhatsApp — a productivity move flagged by Bloomberg that could raise efficiency but also invites compliance scrutiny; impact on fundamentals is uncertain. Santander plans let more investment bankers use WhatsApp — Bloomberg
• Neutral Sentiment: Santander is displaying the Gelman collection of Mexican art with plans to bring it to Spain — positive PR but unlikely to move near-term financials. Gelman collection of Mexican art surfaces at Santander
• Neutral Sentiment: Coverage on the Banco Santander–Chile story notes a new price target shaping sentiment for the Chilean unit; this is relevant to regional investors but not an immediate driver of SAN’s group-wide numbers. How The New Price Target Is Shaping The Banco Santander-Chile Story
• Negative Sentiment: Regulatory fine: Spain’s anti‑money‑laundering watchdog (Sepblac) has imposed a roughly €40M (€40–40+M / ~$47M) fine on Santander over past deficiencies at its digital unit Openbank — a direct regulatory hit that increases compliance costs and raises reputational risk. Multiple outlets reported the sanction. Spanish Regulator Imposes $47 Million Fine on Santander Santander Fined More Than €40 Million Over Openbank Processes Santander fined more than €40M over deficiencies in Openbank internal processes – report

Banco Santander Stock Performance

Shares of Banco Santander stock opened at $12.40 on Friday. The stock has a market capitalization of $184.50 billion, a PE ratio of 13.19, a price-to-earnings-growth ratio of 0.74 and a beta of 0.73. Banco Santander, S.A. has a 52 week low of $4.85 and a 52 week high of $12.48. The stock has a 50 day moving average price of $11.45 and a two-hundred day moving average price of $10.27.

Banco Santander (NYSE:SAN) last posted its quarterly earnings results on Wednesday, October 29th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). The business had revenue of $26.22 billion during the quarter, compared to analyst estimates of $15.32 billion. Banco Santander had a net margin of 17.90% and a return on equity of 11.68%. Research analysts forecast that Banco Santander, S.A. will post 0.83 EPS for the current year.

About Banco Santander

Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.

The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.