Santander : Q4 2022 and 2023 guidance broadly robust/reassuring
>Outperform rating maintained – target price unchanged at € 4.2 - We reiterate our positive view on Santander following the publication of its Q4 2022 results (Outperform, target price of € 4.2). Operating performances were broadly robust over the full year 2022 with the group meeting the bulk of its financial targets for the year (RoTE, operating efficiency, cost of risk, capital, etc.) and giving 2023 guidance that was both positive and realistic given the carryover...Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2014, Co.'s total assets amounted to Euro1,266,296,000,000 and total customer deposits amounted to Euro647,627,000,000.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.