Santander Still Has Room to Grow -- Market Talk

Dow Jones

06/16

1336 GMT - Banco Santander is the biggest eurozone bank by market value and still has potential to grow, Keefe, Bruyette & Woods's Hugo Cruz and Ben Maher say in a note. In Europe, the market seems to reward scale, and the Spanish bank seems best placed among its peers to claim the crown for scale, the analysts say. Santander has strong local franchises, but the global businesses it recently built up have the greatest potential to drive revenue growth, cost savings and capital generation, they add. KBW lifts its target price on Santander's stock to 13.30 euros from 11.80 euros previously. Shares rise 1.3% to 11.60 euros. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

June 16, 2026 09:37 ET (13:37 GMT)

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In Europe, the market seems to reward scale, and the Spanish bank seems best placed among its peers to claim the crown for scale, the analysts say. Santander has strong local franchises, but the global businesses it recently built up have the greatest potential to drive revenue growth, cost savings and capital generation, they add. KBW lifts its target price on Santander's stock to 13.30 euros from 11.80 euros previously. Shares rise 1.3% to 11.60 euros. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 16, 2026 09:37 ET (13:37 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}