Banco Santander Share Discussion Threads

[the chairman elect] 15/4/2023 17:00

With regards to the BNC dividend - how does the 19% withholding tax work reference UK tax residents? Do they just have to lump it or can they get a refund?

Quality advice would be much appreciated....

[my retirement fund] 15/4/2023 08:45

I'm here enjoying the sunshine

[mike24] 15/4/2023 08:31

up nearly 5% yesterday, where is everyone?

doom & gloom views everwhere, but what are pro's & cons
US banking "V" UK, sales of btls' cashing in nearly £500ml x wk, is a healthy figure of many cheap loans
redeemed, windfall taxes due, a fig likely to double over next 12 months keeping valuations steady
as first timers/downsizers keep the housing economy ticking over,

US banks unlike our own depending on area are exposed to commercial real estate
but say their residential is ok, the days of free money are over, but no reason not to say
balanced inflation can be a good hedge against residential debt
all to the benefit of Santander & other UK lenders
dyor

[wad collector] 14/4/2023 17:21

Banks are back in favour despite the Silicon Valley failure, I think the "too big to fail" label applies here. But then I thought that before losing a lot with RBOS and Lloyds 13 yrs ago.
Looks like another breach of the 3 yr high is imminent.

[action] 20/3/2023 08:06

What a diff one month makes. Hero to zero.

[action] 17/3/2023 14:27

Going back to 250p?

[pooldar] 13/3/2023 15:11

Is it because of SVB?

[my retirement fund] 03/3/2023 16:28

Another good day in the office!

[my retirement fund] 28/2/2023 08:50

If they can genuinely achieve the planned 15-17 per cent ROE, Santander should hopefully be amongst the top performing European banks over the next 3 years!

[my retirement fund] 28/2/2023 08:44

Well, with a solid pledge to return half of all profits to shareholders over the next 3 years, I am back in.

[kelso29] 03/2/2023 10:20

Considering all the profit taking which has occurred recently (especially since 280p was breached), and the share price is still going up, is someone building a stake?

[wad collector] 03/2/2023 10:14

Sure , I wasn't taking offence. If we all had concordant strategies then there wouldn't really be a market. Sometimes I like to take profit because it is there rather than on a strategic basis. However you remind me of that old Buffet adage "The stock market is a device to transfer money from the impatient to the patient."

[my retirement fund] 03/2/2023 08:40

My posts was aimed at posters like Crazi and Action, I guess they don't really have a sensible explanation for liquidating there holdings and moving on to (presumably) better pastures for their money, I doubt they even know how to value an investment correctly, so I doubt they will be providing a coherent answer.

[wad collector] 03/2/2023 08:19

I think it depends how much confidence you have in the resilience of the Banking sector if the property market downturn steepens.
BNS are significantly exposed and if we have another avalanche of mortgage defaults, it won't be pretty .
This is clearly the worst case scenario and hopefully wrong, but many of us old investors are still sitting on losses from buying bank shares 20 yrs ago in what seemed like a safe sector.

[dipa11] 03/2/2023 06:16

Https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=BNC.L

[my retirement fund] 02/2/2023 13:52

Would love to know what you guys are doing with your money as you all seemed so keen to cash out early? What other prospects are so absolutely compelling and positive and offer such upside and are so undervalued that you were so keen to dump early doors?

[my retirement fund] 02/2/2023 09:32

Valuing a diversified bank like Santander at a large discount to a US domestic bank seems insane. That aside, you have got to be looking at the long-term return on capital. The dividends this bank could throw off in a few years' time justifies a doubling of the share price.(unless you imagine a return to zirp), IMO, dyo.

[wad collector] 02/2/2023 09:24

Wow that'a a 3 year high. So much for lender's gloom.

[action] 02/2/2023 09:11

Us banks pe 10. Europe arond 5 to 6. DYOR.

[crazi] 02/2/2023 09:09

Thats me dumped all my holdings at 300... took a while but made a mint so happy. Back to my holidays... good luck

[my retirement fund] 02/2/2023 08:25

Eps well over 53 cents, how long can this trade under a pe of 10? Crazy cheap.

[action] 02/2/2023 08:15

Sold out. GLA to all long term holders.