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Banco Santander SA (SAN.MC)

SAN.MC on Madrid SE C.A.T.S.

3.95EUR
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Latest Key Developments (Source: Significant Developments)

CNMV Not To Initiate Sanctioning Procedures Over Santander Chairman's Tweet Regarding DIA
Friday, 7 Jun 2019 

June 7 (Reuters) - Spanish Market Regulator (CNMV)::SAYS NOT TO INITIATE SANCTIONING PROCEDURES OVER SANTANDER <<>> CHAIRMAN'S TWEET REGARDING DIA <<>>.  Full Article

Santander Has Decided To "Support DIA And Its Employees" - Santander Chairman
Monday, 20 May 2019 

May 20 (Reuters) - Santander Chairman Ana Botin says on Twitter::RUSSIAN FUND BIDDING FOR SPAIN'S DIA HAS AGREED TO WORK ON CHANGING FINANCING TERMS - SANTANDER CHAIRMAN ON TWITTER.CHANGES TO FINANCING TERMS WOULD BE FAIR TREATMENT.SANTANDER HAS DECIDED TO "SUPPORT DIA AND ITS EMPLOYEES" - SANTANDER CHAIRMAN ON TWITTER.  Full Article

First Commonwealth To Acquire 14 Santander Bank Branches In Central Pennsylvania
Monday, 22 Apr 2019 

April 22 (Reuters) - First Commonwealth Financial Corp ::FIRST COMMONWEALTH TO ACQUIRE 14 SANTANDER BANK BRANCHES IN CENTRAL PENNSYLVANIA.FIRST COMMONWEALTH FINANCIAL CORP - WILL PAY A 7.05% PREMIUM ON AVERAGE TOTAL DEPOSITS ACQUIRED AT CLOSE.FIRST COMMONWEALTH FINANCIAL CORP - INTENDS TO APPLY CASH RECEIVED AT CLOSING OF DEAL TO REPAY WHOLESALE BORROWINGS.FIRST COMMONWEALTH FINANCIAL CORP - ACQUISITION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO FIRST COMMONWEALTH'S EARNINGS PER SHARE.FIRST COMMONWEALTH FINANCIAL - BANKING UNIT TO ACQUIRE 14 BRANCHES FROM SANTANDER BANK NA.  Full Article

Santander Intends Early Redemption Of Outstanding Series II/2014 Securities
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Banco Santander SA ::TO CARRY OUT OPTIONAL EARLY REDEMPTION OF ALL OUTSTANDING SERIES II/2014 SECURITIES WITH NOMINAL VALUE $1.5 BILLION.REDEMPTION OF ALL OF OUTSTANDING COCOS, WILL BE CARRIED OUT ON THE FIRST DETERMINATION DATE FALLING ON MAY 19, 2019.EARLY REDEMPTION PRICE WILL BE EQUAL TO OUTSTANDING NOMINAL VALUE OF EACH COCO PLUS ANY ACCRUED AND UNPAID DISTRIBUTION.  Full Article

Banco Santander To Pay Gross Dividend of 0.065 Eur/Shr On May 2
Friday, 12 Apr 2019 

April 15 (Reuters) - BANCO SANTANDER SA ::SAID ON FRIDAY TO PAY GROSS DIVIDEND OF 0.065 EUROS PER SHARE ON MAY 2.SAYS LAST DAY TO TRADE SHARES WITH RIGHT TO COLLECT DIVIDEND IS APRIL 26.EX-DIVIDEND DATE WILL BE APRIL 29.  Full Article

Santander chairman sees Q1 fully loaded capital ratio of 11.2 percent
Friday, 12 Apr 2019 

April 12 (Reuters) - Banco Santander SA chairman Ana Botin during the bank's shareholders meeting in Santander::SPAIN'S SANTANDER CHAIRMAN SAYS BANK WILL END Q1 WITH FULLY LOADED CAPITAL RATIO OF 11.2 PERCENT COMPARED TO 11.3 PERCENT AT END-2018.SPAIN'S SANTANDER CHAIRMAN SAYS REITERATES BOARD CONSIDERED IT WAS UNACCEPTABLE TO BEAR HIGH COST OF HIRING ANDREA ORCEL.SPAIN'S SANTANDER CHAIRMAN SAYS JOSE ANTONIO ALVAREZ WILL CONTINUE IN HIS ROLES AS CHIEF EXECUTIVE.  Full Article

Santander Chairman says bank is not planning to list payment business
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Chairman of Banco Santander Ana Botin::Says bank is not planning to list its payment business.  Full Article

Santander Sees Mid-Term Annual Cost Savings Of 1.2 Bln Euros
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Banco Santander SA ::REITERATES MEDIUM-TERM GOALS UNDERLYING ROTE 13-15 PERCENT, CET 1 FL 11-12 PERCENT.SEES MEDIUM-TERM DIVIDEND PAYOUT RATIO 40-50 PERCENT.GROUP WILL INVEST OVER 20 BILLION EUROS IN DIGITAL AND TECHNOLOGY OVER THE NEXT FOUR YEARS.SEES BRAZIL TO DELIVER AN UNDERLYING ROTE OF MORE THAN 20 PERCENT IN THE MEDIUM TERM.SEES SANTANDER UK TO DELIVER AN UNDERLYING ROTE OF 10-12 PERCENT IN THE MEDIUM TERM.WILL DRIVE ADDITIONAL IMPROVEMENTS IN OPERATIONAL PERFORMANCE AND CAPITAL ALLOCATION, LEVERAGING OPPORTUNITIES FOR SCALE AND EFFICIENCY LEADING TO 1.2 BILLION EUROS OF INCREMENTAL ANNUAL COST SAVINGS.SEES SANTANDER SPAIN UNDERLYING ROTE OF 14-16 PERCENT IN THE MEDIUM TERM, VERSUS 11 PERCENT ACHIEVED LAST YEAR.SEES MEXICO MAINTAINING UNDERLYING ROTE OF 19-21 PERCENT IN THE MEDIUM TERM WITH REVENUE GROWTH AND DECLINE IN COST OF CREDIT.SEES SANTANDER SPAIN MID-SINGLE REVENUE GROWTH, A DECLINE IN COSTS IN THE COMING YEARS AND A STABLE COST OF CREDIT.TARGETS A REDUCED EFFICIENCY RATIO OF 43-45 PERCENT.RODRIGO ECHENIQUE WILL RELINQUISH HIS EXECUTIVE FUNCTIONS AS OF MAY 1, REMAINING ON BOARD OF BANCO SANTANDER AND AS CHAIRMAN OF SANTANDER SPAIN.IN LATIN AMERICA, SANTANDER EXPECTS HIGH AND SUSTAINABLE REVENUE GROWTH (DOUBLE DIGIT CAGR EXPECTED IN CONSTANT EUROS).SANTANDER SPAIN CHAIRMAN ROLE WILL CONTINUE TO BE NON-EXECUTIVE FOLLOWING APPOINTMENT OF HIS SUCCESSOR.SEES UNDERLYING ROTE IN LATAM IMPROVING TO BETWEEN 20 PERCENT AND 22 PERCENT IN MEDIUM TERM.  Full Article

Santander Chairman sees fully loaded capital ratio above 11.3 pct by end-2019
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Banco Santander SA Chairman Ana Botin::Says expects to finish 2019 with fully loaded capital ratio above 11.3 percent.Says bank is not planning to sells subsidiaries to improve capital .  Full Article

Santander Cancels Andrea Orcel's Appointment As CEO Over Compensation - WSJ
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - :SANTANDER CANCELS ANDREA ORCEL'S APPOINTMENT AS CEO OVER COMPENSATION - WSJ.  Full Article

TIMELINE-Spanish retailer DIA's battle for survival

June 17 Spanish retailer DIA has missed a deadline to agree a restructure of its towering debt but said on Monday its main shareholder, investment fund LetterOne, will keep trying to reach a deal.