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News Breaks
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October 21, 2009
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| 06:57 EDT |  | SAN |
| theflyonthewall.com: | Santander may pay extraordinary, special dividend, FT reports | | Banco Santander (SAN) CEO Alfredo Saenz says, the bank continues to generate capital at such a rate that it may have to return cash to shareholders next year through a special dividend, the Financial Times reports. Santander's capital ratio, a measure of financial strength, at the end of June was 7.5% before adding on a further 0.6% in October. By the second half of next year, according to Mr Saenz, retained profits would improve the bank's ratio further to 8.5%. At this rate, we would then have to take a decision either we do a bigger payout, an extraordinary dividend, a payback, or we stay with 8.5% until the legislative clouds have cleared, Saenz said. Santander has been furiously raising capital in anticipation of stricter international norms by June next year. Reference Link :theflyonthewall.com |
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February 3, 2012
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| 08:08 EDT |  | SAN |
| theflyonthewall.com: | Santander Chile downgraded to Underweight from Neutral at JP Morgan | | JP Morgan downgraded Santander Chile to Underweight citing valuation. :theflyonthewall.com |
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February 1, 2012
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| 17:34 EDT |  | SAN |
| theflyonthewall.com: | Santander Chile reports Q4 EPS $1.08 vs. consensus $1.27 | | Provision for loan losses in the quarter decreased 4.2% QoQ and 13.8% YoY. :theflyonthewall.com |
| | 06:17 EDT | | SAN |
| theflyonthewall.com: | Santander Chile downgraded to Sell from Neutral at Goldman | | Goldman downgraded Santander Chile citing relative valuation and difficult growth. Price target lowered to $79.50 from $80.30. :theflyonthewall.com |
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