Hi everyone,
As we can see this first impulse could be the first wave of a huge movement so we have to be analyzing the price to take a long position before the next movement has gone.
Stop Loss:
1°: 2.74 more or less
2°: 2.90 more or less
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After a big correction and a dividend payment, we bought Banco Santander, it will have a huge dividend yield in the coming years and we are too low from last highs seen years ago. It is part of our Human Dividend 40 Index and the performance for an inflationary period like this with upcoming interest rate hikes, banks will benefit from it. So we have performance +...
Banco Santander, S.A., together with its subsidiaries, offers various retail and commercial banking products and services to individuals, small and medium-sized companies and large corporations worldwide; it also provides asset and wealth management; and private banking services.
Revenue TTM 42.2B
Net Income TTM 6.7B
Net Margin TTM 16.0%
P/E 9.40
P/S 1.26
P/B 0.64
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Banks are concerned about the balance of the financial sector, yet it seems to be threatened again and again by the global economic crisis.
The cause of the banking crisis is macroeconomic instability, poor supervision, bad tactics, poor management, inadequate control system, failure of operations and Cheating.
The authorities, whatever the cause,...
Quasar is the firm created by Banco Santander in association with Blackstone, who holds 51%, to deal with Banco Popular's toxic assets. In 2019, Quasar suffered losses of €1229 million and covid19 may increase them a lot. If Blackstone decides to bring the Spanish bank to court, SAN could face subpoenas and legal amendments that could bring down SAN's shareprice...
