Banco Santander SA (SAN): Today's Featured Banking Winner

Banco Santander (SAN) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.5%. By the end of trading, Banco Santander rose 9 cents (1.5%) to $6.15 on light volume. Throughout the day, 3.6 million shares of Banco Santander exchanged hands as compared to its average daily volume of 10.8 million shares. The stock ranged in a price between $5.97-$6.16 after having opened the day at $6.01 as compared to the previous trading day's close of $6.06. Other companies within the Banking industry that increased today were: Ohio Legacy Corporation (OLCB), up 13.5%, CMS Bancorp (CMSB), up 12.8%, First Federal Bancshares of Arkansas (FFBH), up 9.1%, and Green Bankshares (GRNB), up 8.2%.

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Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. Banco Santander has a market cap of $53.83 billion and is part of the financial sector. Shares are down 92.2% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Banco Santander a buy, two analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Banco Santander as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and deteriorating net income.

• You can view the full Banco Santander Ratings Report.

On the negative front, 1st Century Bancshrs (FCTY), down 12.4%, Barclays (BCS), down 12.1%, Oak Ridge Financial Services (BKOR), down 11.4%, and Royal Bank of Scotland Group (RBS), down 10%, were all losers within the banking industry with Citigroup (C) being today's banking industry loser.

• Use our banking section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Banco Santander SA click any of the following:

• Banco Santander SA Stock Price

• Banco Santander SA Analyst Ratings

• Banco Santander SA Key Stats & Profile

• Banco Santander SA Earnings

• Banco Santander SA Ratio Comparison

• Banco Santander SA Growth Rates

• Banco Santander SA Balance Sheet

• Banco Santander SA Cash Flow

• Banco Santander SA Income Statement