Banco Santander (NYSE:BSBR) Stock, Quote.Headers.trade-ideas

Banco Santander

Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank. It operates across two segments; the Commercial Banking segment, catering to both individual and corporate client and the Global Wholesale Banking segment, which encompasses Investment Banking and Markets operations, including the Treasury and Equity Business Departments. The bank generates majority of its revenue from the Commercial Banking segment and has operations in Brazil and internationally.

News

Penny Stocks

Pre-Market Outlook

Markets

Movers

Trading Ideas

APDN

BIOC

BPMX

BSBR

CLLS

CODX

CSCO

EFOI

EMAN

FUTU

GNCA

IMUX

JACK

MARK

MEIP

MGNX

PRTY

RIOT

RKDA

RVLV

TBLT

UPWK

VRNA

Gainers


	BioPharmX Corporation  (NYSE: BPMX) shares rose 56.4% to $0.73 in pre-market trading after the company reported approval of merger with Timber Pharma by shareholders.


32 Stocks Moving in Thursday&#39;s Pre-Market Session

Earnings

Eurozone

Commodities

Global

Intraday Update

AVGR

BPMC

GAIA

GGAL

IBIO

SNDX

Midway through trading Tuesday, the Dow traded up 0.14% to 24167.41 while the NASDAQ fell 0.8% to 8662.89. The S&amp;P also fell, dropping 0.02% to 2,877.81.

Mid-Day Market Update: NASDAQ Turns Negative; Syndax Pharmaceuticals Shares Jump

ABCB

ABEV

ACAM

ACBI

ACCO

ACEL

ACER

ACIW

ACLS

ACRS

ACST

ADOM

AEHR

AGRO

AIMC

AINV

AIRT

ALEX

ALGN

ALGT

ALOT

AMAL

AMKR

AMOT

AMPH

AMRB

AMSC

AMWD

ANIK

ANIX

AOSL

APEN

APLE

APOG

APPN

APYX

AQUA

ARCC

ARCO

ARDC

ARDS

ARKR

AROW

ARPO

ASRV

ATKR

ATRS

AVAL

AVNW

AWSM

AXNX

AZUL

Stocks That Hit 52-Week Lows On Thursday

Banco Santander Brasil SA American Depositary Shares, each representing one unit

Banco Santander (Brasil) SA

Banco Santander (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSBR#NYSE">BSBR</a>) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.16 by 37.5 percent. This is a 29.41 percent increase over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $3.825 billion which beat the analyst consensus estimate of $3.556 billion by 7.58 percent. This is a 66.65 percent decrease over sales of $11.470 billion the same period last year.

Earnings Beats

Banco Santander Q2 2024 GAAP EPS $0.22 Beats $0.16 Estimate, Sales $3.825B Beat $3.556B Estimate

WIIM

CADE

CATY

COLB

CVBF

FFIN

FIBK

GBCI

GLBZ

ITUB

Shares of companies in the broader financial sector are trading lower as stocks fall after hotter-than-expected March inflation data, which has caused rate cut uncertainty.

BANF

BBDO

BOKF

DCOM

FCBC

FFWM

FITB

GBNY

GNTY

HIFS

HOMB

IBOC

INDB

NYCB

PPBI

SASR

SBCF

SFBS

TCBI

TOWN

UCBI

UMBF

WSFS

ZION

Shares of several bank stocks are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

BANC

EGBN

TBBK

Shares of bank stocks are trading lower amid overall market weakness after the Federal Reserve left rates unchanged.

BHLB

CBSH

FFBC

FFIC

FRME

FULT

HBAN

HBNC

IBTX

MOFG

SFNC

UBSI

Shares of bank stocks are trading higher amid overall market strength after the Fed left rates unchanged and most Fed officials expect rate cuts in 2024-2026.

In the current market session, Banco Santander Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSBR#NYSE">BSBR</a>) stock price is at $6.21, after a 0.80% decrease. However, over the past month, the company's stock spiked by 7.07%, and in the past year, by 17.84%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2023/1701698411_0.png" alt="Past Year Chart" />

<h3>Evaluating Banco Santander P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of 13.07 in the Banks industry, Banco Santander Inc. has a higher P/E ratio of 23.71. Shareholders might be inclined to think that Banco Santander Inc. might perform better than its industry group. It's also possible that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2023/1701698411_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

A Look Into Banco Santander Inc's Price Over Earnings

AGBA

AMTB

BANR

BBVA

BMRC

BPOP

BRKL

BSAC

BYFC

CACC

CATC

CFFN

CINF

CLBK

CMTG

CNOB

EWBC

FBNC

FMAO

FRGE

GRNQ

HAFC

HMST

HOPE

HTLF

INBK

INTR

ITCL

Janus Henderson Group plc Ordinary Shares

KRNY

LBAI

LKFN

LMND

METROCITY BANKSHARES INC by MetroCity Bankshares Inc.

MCBS

MHLD

MSCI

NFBK

NOAH

OCFC

Shares of broader financial stocks are trading higher amid overall market strength after October CPI data showed softer-than-expected inflation.

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Banco Santander

Banco Santander (BSBR) Forecast

Banco Santander (NYSE:BSBR) Stock, Quote.Headers.trade-ideas