)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
Banco Santander
Banco Santander (SAN) investor relations material
Banco Santander Investor Day 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Day 2026 summary25 Feb, 2026
Strategic transformation, vision, and business model
Shifted to a globally aligned, simplified operating model with fewer products, more automation, and common technology platforms, driving customer growth and cost reduction.
Transitioned from a fragmented, product-led model to a global, customer-driven platform, leveraging global businesses and network effects for value creation.
Maintains strategy as an open global financial services platform, focusing on customer growth, responsible banking, and supporting the transition to a green economy.
ONE Transformation initiative and Gravity 2.0 drive operational efficiency, digitalization, and product simplification, with 70% of products/services digitally available by 2025.
AI and technology integration are embedded to enhance customer experience, efficiency, and cross-sell opportunities.
Financial targets and shareholder returns (2026–2028)
Targets profit above €20 billion and RoTE above 20% by 2028, with double-digit EPS growth and high-teens TNAV plus dividend per share growth.
Ordinary payout maintained at 50%, with cash dividend payout rising to 35% from 2027; cash DPS to more than double by 2028.
CET1 ratio expected around 13% by 2028, with excess capital above 13% returned to shareholders.
Shareholder remuneration for 2026–2028 includes at least €10 billion in buybacks from 2025–2026 earnings.
TNAVps plus DPS expected to accelerate to high teens by 2028.
Operational transformation and efficiency improvements
Active customers targeted to rise to about 125 million by 2028, with total customers surpassing 210 million.
Cost per active customer to fall by 17% by 2028, with efficiency ratio improving to around 36% (retail/commercial below 34%).
ONE Transformation and technology initiatives expected to deliver €4–5 billion in cost synergies by 2028, including TSB and Webster integrations.
AI and data initiatives to generate over €1 billion in annual business value by 2028, improving cost-to-income ratio by about 1 percentage point.
Personnel costs to decline from 63% to 50% of expenses by 2028, reflecting automation and platform consolidation.
Rationale for increased cash dividend payout?
Quantify AI's impact on cost-to-income ratio.
M&A impact on hard currency profit exposure?
Detail AI's long-term impact on margins & growth
Future M&A: Clarify ROIC hurdle vs. buybacks
Explain annual cost reduction via ONE Transformation
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Banco Santander
- Record profits, strong liquidity, and Aaa-rated covered bonds backed by diversified portfolios.SAN
Investor presentation23 Feb 2026 - Record profit and efficiency in FY'25, with strong growth and digital transformation across segments.SANInvestor presentation10 Feb 2026
- Record profit, strong capital, and Webster deal target 18% U.S. ROTE and major buybacks.SANQ4 2025 & Acquisition4 Feb 2026
- Record profit, upgraded guidance, and strong capital position drive value creation.SANQ2 20243 Feb 2026
- Profit up 14% to €12.6bn, efficiency and CET1 ratio improved, robust credit quality maintained.SANQ3 202418 Jan 2026
- Record profit, strong capital, and €10bn buybacks planned amid challenging 2025 outlook.SANQ4 20249 Jan 2026
- Record profit, efficiency gains, and strong capital support 2025 growth targets.SANQ2 20258 Jan 2026
- €6.8bn sale of 49% in Poland and asset management boosts capital and buybacks.SANInvestor Update25 Dec 2025
- Record profit, digital transformation, and sustainability drive approved strategies and payouts.SANAGM 20252 Dec 2025
Next Banco Santander earnings date
AGM 202627 Mar, 2026
Banco Santander
Next Banco Santander earnings date
AGM 202627 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Banco Santander S.A. offers a wide range of banking and financial services, including retail banking, corporate banking, asset management, and insurance products. The bank operates primarily in Europe, Latin America, and North America, serving individual customers, SMEs, and multinational corporations. Banco Santander S.A. is headquartered in Madrid, Spain, and its shares are listed on the BME.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage