Banco Santander: Efficiency Tailwinds To Sustain Growth (NYSE:SAN)
· seekingalpha.com
Banco Santander targets a ROTE above 20%, an efficiency ratio below 36%, and doubled cash DPS by 2028. Read why I rate SAN stock a Buy.
Good valuation is not a spreadsheet. It is a story made rigorous. Before I build a model, I build a narrative: a coherent view of how a business creates value, ...