Banco Santander stock tracks buyback progress at USD 14.42

Published on 09/28/2026 at 13:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Banco Santander stock follows a buyback that reached 10,900,000 shares through September 23, 2026. H1 underlying RoTE was 15.6 percent, with results due October 28, 2026.

SAN, US05964H1059, Illustration mit AI erstellt.

Banco Santander (ISIN US05964H1059) stock was last at USD 14.42 on the NYSE on September 25, 2026, after the bank advanced its share repurchase program to 10,900,000 shares. The latest filing, dated September 24, 2026, puts cumulative buyback spending at EUR 696.8 million through September 23, or 38.2 percent of the program's maximum investment amount, according to StockTitan. The buyback gives the stock a concrete capital-return catalyst while the latest quarterly earnings still show a mixed earnings picture.

Buyback reaches 38.2 percent

Banco Santander purchased 10,900,000 ordinary shares between September 17 and September 23, 2026. The company filing lists EUR 696,824,000 in cash purchases through September 23, with the transactions spread across several European trading venues, according to StockTitan. For holders of the US-listed ADR, the key point is that the repurchase program is progressing alongside a share price that remains 4.19 percent below its 52-week high of USD 15.05.

H1 profit reaches EUR 7.3 billion

Santander's investor-relations page reports H1 2026 underlying profit of EUR 7.3 billion, underlying RoTE of 15.6 percent, CET1 capital of 14.0 percent and efficiency of 42.8 percent. Underlying earnings per share increased 20 percent year over year, while TNAV per share plus cash DPS rose 19 percent, according to Santander. These figures place capital strength and profitability beside the more immediate buyback signal.

The latest quarterly comparison is less uniform. For the quarter reported on July 22, 2026, Santander posted USD 17.93 billion in revenue against USD 17.90 billion consensus, while diluted EPS was USD 0.27 versus USD 0.29 expected, according to MarketBeat. The revenue beat was modest, but the USD 0.02 EPS shortfall remains the clearest counterweight to the positive capital-return narrative.

Next earnings date is October 28

Santander's next scheduled reporting milestone is the 9M 2026 earnings presentation on October 28, 2026, according to Santander. SAN was last at USD 14.42 on the NYSE at 4:00 p.m. ET on September 25, 2026, with a daily change of 0.98 percent and a market capitalization of USD 211.7 billion.