Banco Santander SA 1Q 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Banco Santander SA (SAN.MC) first-quarter results, based on a poll of six analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released April 28.

=== 
 
                     Net int.     Gross   Net attrib. 
1st Quarter           income     income       profit 
AVERAGE                7,874     11,035        1,711 
Prev. Year             6,992     10,124        1,303 
+/- in %                 +13       +9.0          +31 
 
MEDIAN                 7,886     11,051        1,698 
Maximum                7,946     11,153        1,808 
Minimum                7,746     10,847        1,632 
Amount                     6          6            6 
 
Banco BPI              7,855     11,113        1,667 
Banco Espirito Santo   7,924     11,076        1,676 
BEKA Finance           7,746     10,847        1,763 
Citi                   7,856     10,994        1,720 
Credit Suisse          7,915     11,153        1,808 
Deutsche Bank          7,946     11,026        1,632 
 
 
              Target price  Rating                 DPS 2015 
AVERAGE               6.55  positive 1   AVERAGE       0.20 
Prev. Quarter         6.64  neutral  4   Prev. Year    0.60 
+/- in %              -1.4  negative 1   +/- in %       -67 
 
MEDIAN                6.45               MEDIAN        0.20 
Maximum               7.70               Maximum       0.20 
Minimum               5.90               Minimum       0.20 
Amount                   6                  Amount        5 
 
Banco Espirito Santo  6.50  Buy                        0.20 
BEKA Finance          7.70  Neutral                    0.20 
Berenberg             5.90  Sell                       0.20 
Citi                  6.60  Neutral                    0.20 
Credit Suisse         6.20  Neutral                      -- 
Deutsche Bank         6.40  Hold                       0.20 
=== 

Year-earlier figures are as reported by the company.

DJG/err 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires