| 5 Low Price-to-Book Value Stocks to Buy in May |
The P/B ratio helps to identify low-priced stocks with high growth prospects. CNC, CVS, PFE, STNE and SAN are some such stocks. |
zacks.com |
2025-05-15 13:41:13 |
Czytaj oryginał (ang.) |
| Final Trades: Uber, Alphabet, Banco Santander and Leidos Holdings |
The Investment Committee give you their top stocks to watch for the second half. |
youtube.com |
2025-05-13 17:37:57 |
Czytaj oryginał (ang.) |
| NatWest gets positive reaction after rejected Santander bid |
UBS maintained its positive view on NatWest Group PLC (LSE:NWG) after a report that its £11 billion offer for Santander UK's retail business earlier this year was rejected. The Financial Times reported on Friday that NatWest's proposal was rejected by the Spanish lender, which has since raised €7 billion through a stake sale in its Polish unit, making a future transaction involving the UK business less likely. |
proactiveinvestors.co.uk |
2025-05-13 12:04:41 |
Czytaj oryginał (ang.) |
| SAN's Business Restructuring Initiatives Driving Growth: Time to Buy? |
Is now the right time to buy Banco Santander's shares as the One Transformation program continues to support its financials? Let's have a closer look. |
zacks.com |
2025-05-12 14:00:55 |
Czytaj oryginał (ang.) |
| Santander rejects NatWest's nearly $15 billion bid for UK retail unit, FT reports |
Banco Santander has rejected an offer of around 11 billion pounds ($14.63 billion) from NatWest for its UK retail bank, saying the bid undervalued the business, the Financial Times reported on Friday. |
reuters.com |
2025-05-09 15:08:17 |
Czytaj oryginał (ang.) |
| Banco Santander Q1: Good, But Still Not Enough Again |
Santander Brasil's loan portfolio showed modest annual growth and a slight quarterly decline, reflecting a cautious, selective strategy amid high-interest rates. Non-Performing Loans increased slightly, with short-term NPLs rising 40 bps q/q and 30 bps y/y, particularly impacting individuals and SMEs. Net Interest Income grew by 0.3% q/q and 9.5% y/y to BRL 15.8 billion, driven by higher spreads and average volume. |
seekingalpha.com |
2025-05-09 01:39:21 |
Czytaj oryginał (ang.) |
| KBRA Assigns Preliminary Ratings to Santander Mortgage Asset Receivable Trust 2025-NQM2 (SAN 2025-NQM2) |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from Santander Mortgage Asset Receivable Trust 2025-NQM2 (SAN 2025-NQM2), a $288.6 million non-prime RMBS transaction. The underlying collateral, comprised of 679 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Approximately 58.4% of the loans were exempt from the ATR/QM rule due to being originated for busines. |
businesswire.com |
2025-05-08 16:19:00 |
Czytaj oryginał (ang.) |
| SAN vs. ITUB: Which Stock Is the Better Value Option? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Santander (SAN) and Banco Itau (ITUB). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-05-06 16:45:51 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Santander (SAN) have what it takes? |
zacks.com |
2025-05-06 16:45:40 |
Czytaj oryginał (ang.) |
| Santander Sells Bulk of Polish Banking Business for $7.9 Billion |
Santander is selling a majority of its Polish business to Austrian bank Erste Group. The $7.9 billion deal, announced Monday (May 5) will also see the two lenders form a partnership that will see Santander give Erste access to its payment system. |
pymnts.com |
2025-05-05 15:48:12 |
Czytaj oryginał (ang.) |
| Erste Group to Buy Santander Assets in Poland for $7.91 Billion |
The Austrian bank has agreed to buy 49% of consumer bank Santander Bank Polska and a 50% stake in asset management firm Santander TFI. |
wsj.com |
2025-05-05 07:27:00 |
Czytaj oryginał (ang.) |
| Spain's Santander sells 49% in Polish unit to Erste for $7.7 bln |
Spain's Santander on Monday announced the sale of a 49% stake in its Polish unit Santander Bank Polska for around 6.8 billion euros ($7.70 billion) to Austria's Erste Group Bank. |
reuters.com |
2025-05-05 06:52:45 |
Czytaj oryginał (ang.) |
| Banco Santander: Starting The Year With Another Record Quarter |
Shares of Spain's Banco Santander have been an exceptional performer so far this year, returning over 60%. First quarter earnings marked another record for the bank, and its return on tangible equity remains within management's longstanding 15-17% target range. These shares remain at a slight premium to tangible book value, which is easily justified by Santander's earnings power. |
seekingalpha.com |
2025-05-01 20:48:01 |
Czytaj oryginał (ang.) |
| Boost Your Portfolio With These 5 Low Price-to-Book Stocks |
The P/B ratio helps to identify low-priced stocks with high growth prospects. CNC, MD, PFE, STNE and SAN are some such stocks. |
zacks.com |
2025-04-30 14:10:50 |
Czytaj oryginał (ang.) |
| Banco Santander, S.A. (SAN) Q1 2025 Earnings Call Transcript |
Banco Santander, S.A. (NYSE:SAN ) Q1 2025 Earnings Conference Call April 30, 2025 4:00 AM ET Company Participants Raul Sinha - Global Head, IR Hector Grisi - CEO José García Cantera - CFO Conference Call Participants Sofie Peterzens - JPMorgan Ignacio Ulargui - BNP Paribas Andrea Filtri - Mediobanca Francisco Riquel - Alantra Alvaro Serrano - Morgan Stanley Marta Sanchez Romero - Citi Carlos Peixoto - CaixaBank Britta Schmidt - Autonomous Cecilia Romero - Barclays Ignacio Cerezo - UBS Pablo de la Torre - RBC Raul Sinha Good morning all, and welcome to the Santander Q1 2025 Results Call. |
seekingalpha.com |
2025-04-30 12:12:03 |
Czytaj oryginał (ang.) |
| Santander UK profits fall as branch cuts and slower growth weigh |
Santander UK reported an 8% drop in first-quarter pre-tax profits to £358 million, citing higher costs tied to a major overhaul of its high street network. The bank set aside £140 million in provisions, up 69% year on year, largely to cover expenses related to the planned closure of 95 branches and reduced services at others. |
proactiveinvestors.co.uk |
2025-04-30 11:35:09 |
Czytaj oryginał (ang.) |
| Santander Brasil's net profit rises 27.8% in Q1 |
Lender Santander Brasil on Wednesday reported a first-quarter net profit of 3.86 billion reais ($686.83 million), a 27.8% rise from a year earlier, slightly ahead of market expectations. |
reuters.com |
2025-04-30 09:49:49 |
Czytaj oryginał (ang.) |
| Santander Beats Estimates on Spain, U.S. Strength |
Profitability was notably boosted by strong results from the bank's Spanish retail division and its U.S. digital consumer lending unit. |
wsj.com |
2025-04-30 09:11:00 |
Czytaj oryginał (ang.) |
| Santander's books Q1 record profit on strong retail businesses in Spain |
Santander on Wednesday said its net profit rose 19% in the first quarter thanks to a solid performance at its main retail businesses in Spain and a lower impact from a renewed banking tax in its home market. |
reuters.com |
2025-04-30 05:22:44 |
Czytaj oryginał (ang.) |
| Erste is in talks with Santander about buying stake in its Polish unit |
Austrian bank Erste Group Bank is in discussions with Santander about buying a 49% stake in the Spanish bank's Polish unit , the lenders said on Monday. |
reuters.com |
2025-04-28 13:37:47 |
Czytaj oryginał (ang.) |
| Brazilian prosecutors investigate top Santander executive |
Brazil's federal prosecutors have launched an investigation into alleged fund diversion by a former senior executive at Itau Unibanco , set to take a key role at Spanish bank Santander [RIC:RIC:SOVBAN.UL] in coming months. |
reuters.com |
2025-02-27 19:28:34 |
Czytaj oryginał (ang.) |
| Now Is the Time to Prioritize Saving, But Americans Are Not Using Accounts That Accelerate Progress, Santander Survey Finds |
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank”) today announced the results of a new survey that found while nearly eight in 10 consumers (78%) say saving is a high priority, seven in 10 (69%) do not use higher-rate accounts — such as high-yield savings accounts, money market accounts and certificates of deposit (CDs) — that would accelerate progress toward their goals. The findings were part of the fourth installment of Santander Bank's Openbank Growing Personal Savings (“GPS”. |
businesswire.com |
2025-02-26 12:58:00 |
Czytaj oryginał (ang.) |
| Banco Santander: Starting To Get Its Due From The Market |
Banco Santander has been a strong performer since my last update, with good fourth quarter results and bullish FY2025 guidance driving the shares back over tangible book value. Management expects Santander to deliver a strong 16.5% return on tangible equity this year. Given the current P/TBVPS multiple, this would imply a P/E of just ~7x. While the higher share price would have lowered the stock's total yield based on Santander's usual 50% payout ratio, capital returns for 2025-2026 have been upped by roughly €4 billion. |
seekingalpha.com |
2025-02-22 07:22:10 |
Czytaj oryginał (ang.) |
| Santander says UK business is not for sale |
Banco Santander's UK business remains a core part of the Spanish lender's globally diversified business model and the division is not for sale, a company spokesperson said on Thursday. |
reuters.com |
2025-02-13 16:03:56 |
Czytaj oryginał (ang.) |
| Banco Santander (Brasil): Better Positioned For A Tightening Cycle |
Banco Santander (Brasil) S.A.'s Q4 2024 results show a 50% YoY net income surge, driven by lower delinquencies and a focus on higher-value credit segments. The bank's balance sheet grew 16% YoY, with cautious credit expansion and significant allocations to low-risk securities and interbank positions. Despite macro uncertainties, BSBR offers a 14% earnings yield and 6% dividend yield, with attractive valuation if investor sentiment towards Brazilian assets improves. |
seekingalpha.com |
2025-02-11 12:53:21 |
Czytaj oryginał (ang.) |
| Neinor Homes steps into flex living with Banco Santander and will co-invest €60mn in a project located in Madrid |
MADRID, 10 February 2025 – Neinor Homes (“Neinor"; "HOME SM”), a Spanish leading listed residential property developer, and Santander Alternative Investments, the alternative asset management platform from Santander bank, alternative investment arm of Banco Santander (“Santander”) have reached an agreement to create a joint venture (JV) to develop 160 ‘flex living' apartments with a total investment expected of more than €60mn. Neinor will hold a 10% stake in the JV by contributing the land plot to be developed, while Santander will hold the remaining 90% stake. Savills and Colliers have acted as investment and commercial advisors to Neinor and Santander in the deal, while Perez Llorca and CMS Albiñana acted as legal advisors. |
globenewswire.com |
2025-02-10 14:42:00 |
Czytaj oryginał (ang.) |
| Banco Santander Credits Technology Platforms for Achievement of Record Results |
Banco Santander credited its technology platforms with helping it achieve record results in 2024. |
pymnts.com |
2025-02-05 17:06:05 |
Czytaj oryginał (ang.) |
| Santander Botin: Many banking players don't have options to grow organically |
Ana Botín, executive chair at Santander Group, discusses the firm's better-than-expected fourth-quarter earnings and says the Spanish bank does not need to buy or sell to allocate capital unlike their peers. |
youtube.com |
2025-02-05 15:00:00 |
Czytaj oryginał (ang.) |
| Banco Santander, S.A. (SAN) Q4 2024 Earnings Call Transcript |
Banco Santander, S.A. (NYSE:SAN ) Q4 2024 Earnings Conference Call February 5, 2025 4:00 AM ET Company Participants Raul Sinha - Global Head, IR Ana Botín - Executive Chair Hector Grisi - CEO José García Cantera - CFO Conference Call Participants Ignacio Ulargui - BNP Paribas Marta Sanchez - Citi Francisco Riquel - Alantra Chris Hallam - Goldman Sachs Alvaro Serrano - Morgan Stanley Andrea Filtri - Mediobanca Cecilia Romero - Barclays Carlos Peixoto - CaixaBank Sofie Peterzens - JPMorgan Antonio Reale - Bank of America Britta Schmidt - Autonomous Ignacio Cerezo - UBS Raul Sinha [Call Starts Abruptly] everyone, and thank you for joining Santander's 2024 Results Presentation. |
seekingalpha.com |
2025-02-05 13:52:00 |
Czytaj oryginał (ang.) |
| Santander Brasil's net profit surges 75% in Q4 |
Santander Brasil a subsidiary of Spain's Banco Santander , reported on Wednesday a 75% jump in its fourth-quarter net profit, surpassing market expectations on the back of better spreads and increased fees. |
reuters.com |
2025-02-05 08:31:58 |
Czytaj oryginał (ang.) |
| Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback |
Banco Santander reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The lender noted a pick-up in customer activity, robust margin management and growth across operations — particularly in the core retail business. |
cnbc.com |
2025-02-05 06:42:22 |
Czytaj oryginał (ang.) |
| Santander surges as record profit paves was way €10bn buyback |
Banco Santander shares spiked over 6% on Wednesday after the lender unveiled plans for €10 billion (£8.3 billion) worth of buybacks on record full-year profit. Profit jumped 14% to €12,574 million in 2024 on a 10% increase in revenue to €62.2 billion, Santander reported. |
proactiveinvestors.co.uk |
2025-02-05 05:31:26 |
Czytaj oryginał (ang.) |
| Santander Bank Polska's Q4 net profit slips but beats expectations |
The Polish unit of Santander Bank posted a 7% fall in its preliminary fourth-quarter net profit on Wednesday, hit by rising costs related to FX mortgage loans, but still beat analysts' expectations. |
reuters.com |
2025-02-05 04:29:38 |
Czytaj oryginał (ang.) |
| Santander's Q4 net profit up 11% compared to same period in 2023 |
Spain's Santander said on Wednesday its net profit in the fourth quarter rose 11% compared to the same period in 2023 thanks to a solid performance at its retail business in Europe, mainly in Spain, and in Brazil. |
reuters.com |
2025-02-05 03:00:30 |
Czytaj oryginał (ang.) |
| Santander's US Digital Bank Platform Marks $2 Billion in Deposits |
Santander's American digital banking platform has surpassed $2 billion in deposits four months after launch. “This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading auto lending franchise and transform its retail bank,” the Spanish lender said in a Monday (Feb. 3) news release. |
pymnts.com |
2025-02-03 17:09:50 |
Czytaj oryginał (ang.) |
| CORRECTING and REPLACING Openbank by Santander hits $2 billion in deposits in the United States |
BOSTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: OPENBANK BY SANTANDER HITS $2 BILLION IN DEPOSITS IN THE UNITED STATES Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santa. |
businesswire.com |
2025-02-03 11:40:00 |
Czytaj oryginał (ang.) |
| Openbank by Santander Hits $2 Billion in Deposits in the United States |
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank. The business also launched a 202. |
businesswire.com |
2025-02-03 10:30:00 |
Czytaj oryginał (ang.) |
| Millennials Could Make an Extra $6,000 in 2025 |
Around 31% of Millennials currently have under $1,000 in savings. Another 21% have between $1,000-$5,000, and then 9% of Millennials have $5,001-$10,000. Does that seem bleak? Yes. Absolutely. The neutral news is that this percentage mirrors their Generation Z and Generation X neighbors. Coming out on top are the 17% of Baby Boomers who have over $500,000 in savings, followed by 20% of Baby Boomers having under $1,000. Key Points High-yield savings accounts can be one of the most useful tools for millennials to earn extra money. High-yield savings accounts often come with more restrictions than traditional savings account, however. The best high-yield savings accounts are paying way more than most Americans realize, with some offering cash bonuses for new accounts. Click here to see our top pick today. (Sponsored) If we are talking about the entire American population, 28% currently have less than $1,000 in savings. This includes personal savings, emergency funds, non-workplace retirement accounts, and non-workplace retirement investment accounts. However, 34% of Millennials had planned to save $2,501 to $5,000 by the end of 2024. Financial Literacy Learning how to save money. Speaking of financial literacy, only 57% of American adults are adequately financially literate. 10 years ago, 76% of American adults were financially literate. With the wealth disparity that is happening, the fact that financial literacy is on a statistical downward trend isn’t surprising. Financial literacy is understanding enough about various financial skills in order to make informed decisions about your money. This can include things like investing, budgeting, saving, debt, and living within your means. Having adequate financial literacy can help you understand what kind of life you can afford, build your credit score, build wealth for retirement, and most importantly, survive this post-capitalist hellscape that we seem to be spiraling into. Financial literacy, or personal finance knowledge, can be monitored with the P-Fin Index. The P-Fin Index is a set of 28 questions in an annual survey to measure these statistics. A couple of other surveys known as “The Big 5,” and “The Big 3,” are standardized questions that visit topics such as risk comprehension, retirement fluency, social security benefits, inflation, the difference between simple and compound interest, and investing. A question that is considered one of the most important questions on the P-Fin Index to determine adequate financial literacy is: Suppose you had $100 in a savings account and the interest rate was 2% per year. After five years, how much do you think you would have in the account if you left the money to grow? Can you answer this question? Fear not, Disenfranchised Millennial, we will answer that question for you. The answer is about $111. But if you don’t know the answer, or know how to calculate the answer, you aren’t alone. Being able to answer this question is foundational for being able to have enough savings. Being a Millennial is hard and comes with the growing realization that as you get older, the systems we were born into are no longer serving us like they served our parents. So, I’m not going to sit here and try to convince you to put your trust in an institution (the call is coming from inside the house, am I right). But, if you already do trust an institution to hold your money (is money even real? That’s a different conversation for another time), you might as well maximize your benefit from it and put it into a high-yield savings account. There are very few reasons to use a traditional savings account instead of a high-yield savings account. Around 68% of Americans have a standard savings account rather than a high-yield savings account or CDs. Only 24% of Americans have a high-yield savings account. So what is a high-yield savings account and why should you sign up for one? A high-yield savings account can be viewed as a passive form of income, and a way to boost your emergency funds. To describe it simply, the more you keep in the account, and the less you touch it, the more money you earn. Think of a savings account and interest as you (the owner of the money) charging rent (interest rate) for the bank to hold your money (savings account). The standard annual rate of return of a traditional savings account is around 0.42%. So, If you are already using a traditional savings account and earning less than 1% in interest, you may as well get the highest annual rate of return you possibly can and increase that number up to 4% or even 5%. You could potentially be earning 10 times more free money than you would have earned if you had kept your money in a traditional account. If we have to participate in capitalism, we should maximize our benefit from this system as much as possible. Traditional Savings Account Learning how to save money. Traditional savings accounts and high-yield accounts have several things in common but have significant differences. Both types of accounts are structurally the same, may limit withdrawals, can be used short or long-term, are federally regulated, and might require a minimum opening deposit. Because both are federally regulated, both offer NCUA and FDIC insurance, which eliminates risk with both types, and both have an average percentage yield (APY). Some reasons that people might have a traditional savings account are that they are accessible, straightforward, and easy to understand. It is also much easier to deposit physical cash into your traditional savings account, as you are likely to have more in-person branch options near you. A few downsides of traditional savings accounts are hidden fees, minimum balance amounts, restricted online banking options, and even monthly maintenance fees. With all fees considered, that 0.42% interest can cancel out quickly. High Yield Savings Accounts Learning how to save money. In contrast to traditional savings accounts, high-yield savings accounts are offered through online banks, online credit unions, and neobanks. Neobanks, or “challenger Banks,” are just a form of fintech (financial technology) meant to streamline savings and checking accounts, eliminate fees, reduce the costs that brick-and-mortar banking can accumulate and be passed on to customers, and offer online-only banking, usually through a secure app. The goal is to reduce the monopolization of mega-banks and offer more sustainable ways to bank. An online bank, on the other hand, will have those benefits and also a broader range of financial products available like savings accounts, checking accounts, loans, credit cards, etc. So those will be more for people looking for a “one-stop-shop,” kind of banking experience. For traditional banking preferred customers, a high-yield savings account might not be as accessible as your traditional savings account at a mega-bank. Online banks can offer such high annual percentage yields because they aren’t spending the costs associated with human interactive brick-and-mortar locations. If you are the type of person who is perhaps more nostalgic and sentimental and enjoys rolling up to a brick building, speaking with a human face-to-face, and collecting your standard lollipop after depositing your paycheck, this might not be for you, and that is ok. Some people like to run errands, and some people would rather use an app. It is just based on your personal preferences. On the other hand, most high-yield savings accounts have lower monthly fees (sometimes none at all), and lower minimum deposit or balance requirements (again, sometimes there aren’t requirements at all), which could make this option much more accessible to people who are starting out or starting over their emergency funds. It might also allow you to save up enough to buy your own bag of lollipops. After all, you are an adult, and you are allowed to buy candy anytime you want. CD Accounts Learning how to save money. CD Accounts, or certificates of deposit are another type of savings account. CDs are like high-yield savings accounts with time requirements. CDs have term limits, anywhere from 30 days to 60 months or more where you agree to not withdraw until the CD is matured (the term limit ends). Withdrawing this money early will usually earn you a large penalty fee. After the CD is matured, a common practice is to put it all into a new CD. CDs are great options for people who don’t need immediate access to all of their savings funds, and looking to let it passively grow. CD Accounts can be offered through traditional and online banks, and similar to high-yield savings accounts, online banks will offer more competitive annual percentage yields. Opening a High Yield Savings Account Learning how to save money. When considering which type of savings account to open, you might decide to open multiple accounts. Most wealth portfolios include a mix of all types of savings accounts. It all depends on what your long and short-term financial goals are. As previously discussed, high-yield savings accounts can come from banks, credit unions, and credit card companies. Many of the highest yields are in the form of online savings accounts. Because they are online, they are able to offer the highest rates. So how can you open your own high-yield savings account? It’s actually pretty easy. Similar to opening any bank account, you need to provide some of your basic information, make a deposit, and presto-change-o, you are the proud owner of a high-yield savings account. Some accounts can even be set up online in as little as 5 minutes. If that feels too scary, traveling to your nearest bank branch and setting up an account in person with a teller might feel safer, and having a physically knowledgeable person there to walk you through the process might be a valuable service for some customers. The value of a high-yield savings account comes in the form of compound interest, and time. With high-yield savings accounts, you can earn simple interest if you don’t do anything besides making a deposit and leaving it alone for a few years, or you can earn compound interest if you start with some money and then contribute to it regularly for several years. In the latter scenario, you are earning interest on the annual account total as well as your monthly contributions, which will get you much more money in the long run. You won’t get rich quickly with any kind of savings account alone, but over a handful of years, you could be making a sizeable passive income just from generating compound interest from your high-yield savings account. I know, I know, when I hear the term “compound interest,” I too am taken right back to the third seat in the last row of my 9th-grade Financial Literacy class staring out the window being bored out of my mind and daydreaming about lunch while simultaneously concocting excuses of why I would need to roam the hallways aimlessly just like you currently are. But, now that we are adults, we should try to set ourselves up as well as we can for whatever kind of future there is ahead of us. Sample Account Models Learning how to save money. To illustrate how much money you could earn passively this year with a high-yield savings account, the following formula will be calculated below: If we start with ___ in our account and contribute __ per month, you would have ____ by the end of the year. That means you would earn __ in passive income in one year and___ after 10 years. We will base our calculations on a starting amount of $1,000 with a $100 monthly contribution and then again with a starting amount of $5,000 with a $100 monthly contribution to mirror the average amount of savings millennials currently have. Since 59% of Millennials have $5,000 or less in savings, we decided to show a model that represents $1,000 and $5,000. 2% high-yield savings account Starting Amount: $1,000 Annual Rate of Return: 2% Monthly Savings Contribution: $100 Total after 1 year: $2,231 Total Passive Earnings After 1 Year: $36 Total after 10 Years: $14,493 Total Passive Earnings After 10 Years: $2,493 Starting Amount: $5,000 Annual Rate of Return: 2% Monthly Savings Contribution: $100 Total After 1 Year: $6,312 Total Passive Earnings After 1 Year: $112 Total After 10 Years: $19,378 Total Passive Earnings After 10 Years: $7,378 3% high-yield savings account Starting Amount: $1,000 Annual Rate of Return: 3% Monthly Savings Contribution: $100 Total After 1 Year: $2,247 Total Passive Earnings After 1 Year: $47 Total After 10 Years: $15,323 Total Passive Earnings After 10 Years: $3,323 Starting Amount: $5,000 Annual Rate of Return: 3% Monthly Savings Contribution: $100 Total After 1 Year: $6,369 Total Passive Earnings After 1 Year: $169 Total After 10 Years: $20,721 Total Passive Earnings After 10 Years: $8,721 4% high-yield savings account Starting Amount: $1,000 Annual Rate of Return: 4% Monthly Savings Contribution: $100 Total After 1 Year: $2,263 Total Passive Earnings After 1 Year: $63 Total After 10 Years: $16,216 Total Passive Earnings After 10 Years: $4,216 Starting Amount: $5,000 Annual Rate of Return: 4% Monthly Savings Contribution: $100 Total After 1 Year: $6,426 Total Passive Earnings After 1 Year: $226 Total After 10 Years: $22,179 Total Passive Earnings After 10 Years: $10,170 Best High-Yield Savings Accounts Learning how to save money. American Express High Yield Savings Account APY: 3.8% Minimum Balance: $0 Monthly Fee: $0 American Express is a popular credit card issuer, but did you know that they are also an online bank? Its official name is American Express National Bank. If you already have an American Express credit card, you are eligible for even more benefits and rewards, like access to a high-yield checking account as well. The great thing about this account is that there is no minimum deposit requirement to start earning interest. American Express National Bank also has an attractive CD account, if you are interested in that as well. Customers of American Express National Bank have access to 24/7 customer service and access to a large nationwide ATM network. One of the downsides of this account is that cash deposits and branch access aren’t possible because it is an online bank. There also aren’t any overdraft protection options. That means that if you spend from your savings account, the purchase will go through and you will accumulate debt. Overdraft protection prevents the account holder from enacting purchases when there are insufficient funds to complete the transaction. Capital One 360 Performance Savings APY: 3.80% Minimum Balance: $0 Monthly Fee: $0 Introductory Bonus: N/A The Capital One 360 Performance Savings is great for customers who like to automate their lives and start building their savings hassle-free and intuitively. Using the app, customers can set up automatic savings plans, and manage multiple savings accounts at once that are goal-specific (all earning a high yield, of course), and there is no need to go into a bank with the mobile check deposit feature. You can even transfer money to different accounts right from the app! This online savings account is super easy to open, usually taking about five minutes, and is FDIC-insured. Of course, if you need to go into a physical location, you can find one of Capital One’s cafes or bank branches. Openbank By Santander High Yield Savings APY: 4.75% Minimum Balance: $500 Monthly Fees: $0 Introductory Bonus: N/A Openbank is trying to revolutionize banking by offering a totally secure banking experience straight from your phone with 24/7 customer service (yes, a genuine real person will help you). This APY is one of the highest available for a savings account and is incredibly easy to open. The APY of 4.75%is a whopping 10x the national average. One of the selling points for Openbank is its commitment to online security. With face recognition, and identity validation, you can be sure that “industry-leading security,” is available from day 1. Santander has been servicing customers for 167 years and has taken pride in being a global industry leader. It is also a leader in ethical banking by supporting a sustainable and green economy globally, supporting education, employability, and entrepreneurship. Santander has invested over 2.3 billion euros in over 1,200 universities across 26 countries over the past 27 years. This is more than banking, it is building a better world. Discover Online Savings APY: 3.75% Minimum Balance: $0 Monthly Fee: $0 Introductory Bonus: $200 This online savings account is shockingly devoid of fees, not even for expedited delivery of official bank checks or insufficient funds. It is FDIC-insured with automatic deposit insurance of up to $250,000. Discover has a branch in Delaware, with 24/7 customer support. There is even a special bonus of $150-$200 for your first $15,000 deposit. In addition to the Discover Online Savings, Discover offers an excellent package of accounts including the Discover Cashback Debit, Discover CD, and the Discover Money Market Account. The post Millennials Could Make an Extra $6,000 in 2025 appeared first on 24/7 Wall St.. |
https://247wallst.com |
2025-02-03 05:33:51 |
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| Santander Picks New US CEO Amid Company-Wide Reorganization |
Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank's lead in the U.S., Executive Chair Ana Botin announced Friday (Jan. 31), per a report by Reuters. |
pymnts.com |
2025-01-31 22:01:00 |
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| Santander names Riley as CEO of Santander US, part of wider reshuffle |
Christiana Riley will succeed Tim Wennes as CEO of Santander in the United States, the bank's executive chair, Ana Botin, said on Friday, as Santander undertakes a wider global restructuring. |
reuters.com |
2025-01-31 16:35:35 |
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| SAN or HDB: Which Is the Better Value Stock Right Now? |
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Santander (SAN) and HDFC Bank (HDB). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-12-31 15:05:37 |
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| Credit Agricole buys remainder of Caceis custody and asset JV from Santander |
Credit Agricole agreed to buy a 30.5% stake from Spain's Santander in custody and asset servicing entity Caceis, the banks said on Thursday, in a deal that will give the French lender full control of the business. |
reuters.com |
2024-12-20 03:59:29 |
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| Santander Bank Lowers Its Prime Rate to 7.50% |
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has lowered its prime rate from 7.75% to 7.50% effective December 18, 2024. Santander Bank, N.A. is one of the country's leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank's more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The. |
businesswire.com |
2024-12-18 23:30:00 |
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| Telsey Advisory Group LLC announces U.S. Equity Research alliance with Santander |
NEW YORK--(BUSINESS WIRE)--Telsey Advisory Group LLC (TAG) announced today that it has entered a strategic alliance with Santander's U.S. broker-dealer subsidiary Santander U.S. Capital Markets LLC. TAG is a recognized leader in the consumer sector, with an established track record, highly regarded analysts, and a clear vision for expansion. TAG, founded in 2006 by Dana Telsey, is a leading equity research firm, with a strong institutional equity sales and agency trading platform focused on the. |
businesswire.com |
2024-12-16 11:30:00 |
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| Santander, Barclays cut as mortgage rates fall for another week |
Mortgages rates across the UK declined once again this week as Barclays PLC (LSE:BARC) and Banco Santander (LSE:BNC) were among those to cut. According to Moneyfacts, typical interest on a two-year fixed-rate mortgage declined from 5.4894% to 5.4685% between Monday and Friday. |
proactiveinvestors.co.uk |
2024-12-13 08:28:50 |
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| Santander Appoints PayPal Veteran Nitin Prabhu to Head Digital Consumer Bank |
Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). In this role as head of one of the bank's five global businesses, Prabhu will be responsible for the auto and consumer business globally as well as its fully digital bank Openbank, Santander said in a Wednesday (Dec. 11) press release. |
pymnts.com |
2024-12-11 16:56:46 |
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| Santander Goes National in the United States with Openbank, Bringing High Yield Savings Opportunities to More Americans |
BOSTON--(BUSINESS WIRE)--Santander Bank has officially launched Openbank, a new digital banking platform, whose initial offering brings high yield savings opportunities to more Americans. Openbank's high yield savings account features an attractive Annual Percentage Yield (APY) of 5.00%*, no fees, low minimum deposits, and an exceptional customer experience with frictionless account opening that takes less than four minutes. With the launch of Openbank, Santander expands its addressable market. |
businesswire.com |
2024-12-10 15:51:00 |
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| Fed will cut rates again in December, says Santander's Stephen Stanley |
Stephen Stanley, Santander U.S. Capital Markets chief U.S. economist, joins 'Power Lunch' to discuss November's Federal Reserve minutes. |
youtube.com |
2024-11-26 16:39:59 |
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| Head of Santander's Portuguese arm says Novo Banco could be of interest |
The Portuguese arm of Spanish banking giant Santander would consider a potential acquisition of rival Novo Banco, depending on price, Santander Totta's CEO said on Tuesday. |
reuters.com |
2024-11-26 12:20:11 |
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| Santander UK makes £295m provision for motor finance claims |
Banco Santander (LSE:BNC) has made a provision of £295 million for possible motor finance commission compensation claims. Results from the UK arm of the Spanish bank were delayed after a case on 25 October where the Court of Appeal ruled that motor dealers acting as credit brokers had acted illegally in not disclosing commissions on loans for car sales. |
proactiveinvestors.co.uk |
2024-11-20 05:10:20 |
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| Santander UK sets aside $375 mln to cover possible motor finance redress claims |
The UK arm of Spain's Banco Santander , said on Wednesday it had set aside 295 million pounds ($375 million) to cover possible costs related to an industry-wide probe into motor finance commissions. |
reuters.com |
2024-11-20 04:38:22 |
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| Santander Launches Openbank Digital Bank in Mexico |
Santander's fully digital bank, Openbank, launched in Mexico on Tuesday (Nov. 19). The Openbank Mexico website and app are now operating, promising a fully digital bank, no minimum balances, no fees and competitive interest rates, Openbank said in a Tuesday press release. |
pymnts.com |
2024-11-19 21:39:23 |
Czytaj oryginał (ang.) |
| Santander launches fintech in Mexico to expand digital services |
Spanish banking giant Santander started rolling out its digital Openbank in Mexico on Tuesday, including a website and smartphone app. |
reuters.com |
2024-11-19 16:16:15 |
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| Misperceptions Preventing Americans From Earning More on Their Money Ahead of Holiday Season, Santander Survey Finds |
BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank”) today announced findings from its Openbank Growing Personal Savings (“GPS”) Tracker revealing many consumers are missing out on hundreds of dollars a year in interest by not using higher-rate savings accounts. More than seven in 10 (71%) are not taking advantage of these accounts, including high-yield savings accounts, money market accounts and certificates of deposit (CDs). Among those who have a higher-rate account and know thei. |
businesswire.com |
2024-11-19 15:43:00 |
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| KBRA Assigns Preliminary Ratings to Santander Drive Auto Receivables Trust 2024-S3 |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Santander Drive Auto Receivables Trust 2024-S3 ("SDART 2024-S3"), a re-securitization of a portion of the Class D notes (the "Underlying Class D Notes") and the entire certificate (the "Underlying Certificate") issued from the Santander Drive Auto Receivables Trust 2021-3 auto loan transaction ("SDART 2021-3" or the "Underlying Securitization Transaction"). The SDART 2024-S3 Class DX Notes are collat. |
businesswire.com |
2024-11-12 19:54:00 |
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| Santander latest to up mortgage rates as 'sticky inflation' worries rise |
Banco Santander (LSE:BNC) has upped its mortgage rates just as the Bank of England's chief economist Huw Pill warned rate-setters are worried about ‘sticky inflation'. Spanish-owned Santander upped fixed rates for new buyers and remortgage customers by up to 0.29% from today with specific buy-to-let rates going up by 0.31%. |
proactiveinvestors.co.uk |
2024-11-12 11:56:06 |
Czytaj oryginał (ang.) |
| Banco Santander (Brasil) Q3: Good, But Not Good Enough For Me To Recommend Buying |
Santander Brasil released a good set of results, with good trends in revenue growth and cost control. Although the loan portfolio showed only decent growth, this growth was greater than the expansion of NPL, which is positive. Although ROAE has been improving every quarter, it is still below peers, which does not seem to be reflected in the valuation. |
seekingalpha.com |
2024-11-01 16:29:32 |
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| Virgin Money hikes mortgages rates after Budget, while Santander cuts |
Two banks had different reactions after the Budget, with Virgin Money nudging up mortgage rates and Santander reducing the price of borrowing. Accord mortgages also announced reductions. |
proactiveinvestors.co.uk |
2024-10-31 09:27:51 |
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| Banco Santander (Brasil) Performs, But Market Fears Rate Volatility, Still A Buy |
Banco Santander (Brasil) S.A. presented 3Q24 results, with stable operations, growing assets at about 8%, with stable margins and funding. The market is more wary about Santander because of the increase in interest rates in Brazil, following fiscal, FX, and inflation volatility. Although the concerns are valid, it seems unlikely that the 2021/23 period will repeat, given the much more normalized environment. |
seekingalpha.com |
2024-10-30 18:58:23 |
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| Banco Santander, S.A. (SAN) Q3 2024 Earnings Call Transcript |
Banco Santander, S.A. (NYSE:SAN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 AM ET Company Participants Begona Morenes - Global Head of Investor Relations Jose Garcia Cantera - Senior Executive Vice-President, Chief Financial Officer Hector Grisi Checa - Chief Executive Officer, Executive Director Conference Call Participants Ignacio Ulargui - BNP Paribas Francisco Riquel - Alantra Alvaro Serrano - Morgan Stanley Antonio Reale - Bank of America Marta Sanchez Romero - Citi Carlos Peixoto - CaixaBank BPI Andrea Filtri - Mediobanca Ignacio Cerezo - UBS Sofie Peterzens - JPMorgan Britta Schmidt - Autonomous Research Chris Hallam - Goldman Sachs Hugo Cruz - KBW Jose Garcia Cantera Good morning, everyone, and welcome to our third quarter earnings presentation. |
seekingalpha.com |
2024-10-29 13:45:32 |
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