Banco Santander S.A. (BME:SAN) reported strong H1 2026 results—underlying profit €7.3bn (+15%), parent profit €8.97bn (+31%), Q2 underlying €3.77bn, NII €11.69bn and CET1 14.0%—as analysts mostly buy, price target €13.28, and Getnet rolls out WeChat Pay in Spain.
Previous Week Recap
- Santander H1 Profit Rises: Banco Santander (SAN) H1 2026: underlying profit €7.3bn (+15%), parent profit €8.97bn (+31%), Q2 underlying net profit €3.77bn, NII €11.69bn, CET1 14.0%.
- CET1 14%, ROE Slightly Mixed: Banco Santander (SAN) at end-June: CET1 14.0%, NPL 2.93%, underlying ROE 16.0%, reported ROE 15.8%.
- Analysts See €13.28 Target: Analysts' mean June 2026 EPS estimate for Banco Santander (SAN) compiled by LSEG; recommendations: 19 buy, 5 hold, 1 sell; median 12‑month price target €13.28 vs last close €11.81
- H1 2026 Results, UK Report: Banco Santander S.A. (SAN) published H1 2026 results and its UK Half‑Year Financial Report in late July 2026; filings and earnings presentation were lodged with the National Storage Mechanism.
- WeChat Pay On Santander ADR: Banco Santander's ADR SAN: Getnet will add WeChat Pay to its Spain POS terminals, letting merchants accept in-person payments from Chinese and other Asian travelers.
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