{"id":27281,"date":"2026-05-21T08:53:11","date_gmt":"2026-05-21T08:53:11","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/27281\/"},"modified":"2026-05-21T08:53:11","modified_gmt":"2026-05-21T08:53:11","slug":"rbc-capital-raises-pt-on-banco-santander-san-keeps-an-outperform-rating","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/27281\/","title":{"rendered":"RBC Capital Raises PT on Banco Santander (SAN), Keeps an Outperform Rating"},"content":{"rendered":"\n

Banco Santander, S.A. (NYSE:SAN<\/a>) is one of the Best European Bank Stocks to Buy According to Hedge Funds<\/a>. On May 12, RBC Capital raised its price target on Banco Santander, S.A. (NYSE:SAN) from EUR 12.5 to EUR 12.75 and maintained an Outperform rating on the shares.<\/p>\n

\u200bThe rating follows Banco Santander\u2019s fiscal Q1 2026 earnings reported on April 29. The bank posted record first-quarter net profits of 3.56 billion euros, reflecting 12.5% increase year-over-year. This was driven by strong performances in Spain and Mexico. Management noted that taking into account the capital gains, total net profit surged 60% to 5.46 billion euros. The bank also reaffirmed its 2026 to 2028 targets, including mid-single-digit revenue growth and a capital ratio of 12.8% to 13%.<\/p>\n

\"\" <\/p>\n

\u200bAccording to a report by Reuters, growth for the quarter was broad-based across most markets. The profit growth was mainly led by a 12% increase in Spain, driven by rising lending and a healthy economy. Moreover, while Mexico and Brazil also posted gains, it was offset by Portugal and Argentina. The profits in Argentina dropped 60% due to worsening economic conditions.<\/p>\n

\u200bBanco Santander (NYSE:SAN) is a Spain-based company that operates as a retail and commercial bank. Its segments are scattered across Continental Europe, the United Kingdom, Latin America, and the United States.<\/p>\n

While we acknowledge the potential of SAN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the\u00a0best short-term AI stock<\/a>.<\/p>\n

READ NEXT:\u00a010 Best Stocks to Buy While the Market Is Down<\/a>\u00a0and\u00a014 Stocks That Will Double in the Next 5 Years<\/a>.\u00a0<\/p>\n

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds\u2019 investor letters by entering your email address below.<\/p>\n","protected":false},"excerpt":{"rendered":"Banco Santander, S.A. (NYSE:SAN) is one of the Best European Bank Stocks to Buy According to Hedge Funds.…\n","protected":false},"author":2,"featured_media":774,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121],"tags":[144,5037,691],"class_list":["post-27281","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banco-santander","tag-banco-santander","tag-rbc-capital","tag-revenue-growth"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/27281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=27281"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/27281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/774"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=27281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=27281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=27281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}