Banco Santander Plunges 6.39% Despite Positive Q1 Outlook

On April 4, 2025, Banco Santander's stock experienced a significant drop of 6.39% in pre-market trading, indicating a notable shift in investor sentiment.

Banco Santander has recently announced its expectations for continued growth in the first quarter of 2025, with a projected return on tangible equity (ROTE) post-AT1 improving to approximately 15.7%. Additionally, the bank anticipates a rise in its Common Equity Tier 1 (CET1) ratio to 12.9% during the same period. These projections suggest a positive outlook for the bank's financial health and operational performance.

Looking ahead, Santander has set an ambitious target for the entire year of 2025, aiming for an ROTE of around 16.5%. This optimistic forecast is supported by the bank's strategic initiatives and strong customer base, which are expected to drive profitability and growth throughout the year.