Banco Santander: When Global Banking Becomes A Smart Bet

  • Banco Santander's unique 'glocal' model and strong presence in both Europe and Latin America drive its leadership in credit, deposits, and efficiency. Q1 2025 results show robust profit growth (+19.3% YoY), improved asset quality, and solid capital and liquidity positions, despite margin pressures. The stock trades at a notable discount to peers (P/E FWD 9.67x, PEG 1.02x), while delivering double-digit dividend growth and strong long-term profitability.