Santander reports October 28: analysts expect 24 or 27 cents a share

what happened

Banco Santander S.A. will report results on October 28 for the period ending September 30, 2026. According to Earnings Preview, citing LSEG data, the bank's revenue is expected to grow 6.2% to €16.213 billion from €15.27 billion a year earlier. The mean estimate of three analysts for earnings is 24 cents per share.

A second report from the same publisher, released slightly earlier, puts the mean earnings forecast at 27 cents. Per the first report, the average analyst rating on the shares is buy, with 19 strong buy or buy recommendations, 6 hold and one sell or strong sell. The mean earnings estimate has been unchanged over the last three months.

The median 12-month price target is €14.00, about 21.6% above the last close of €11.51.

why it matters

In the previous quarter, reported for June 2026, the bank narrowly missed forecasts with 0.23 against 0.24 a share. In March it beat expectations, posting 0.36 against 0.27. The third-quarter report will show whether revenue growth at Spain's largest bank holds up and how the market reads the wider European banking sector.

market impact

Banco Santander and European banks: quarterly results set sentiment for the bank sector's shares

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