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4-Traders Homepage  >  Equities  >  Bolsa de Madrid  >  Banco Santander, S.A.    SAN   ES0113900J37

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Polish Regulator To Set Conditions For Santander's Polish Merger

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02/28/2012 | 11:46am CET

Poland's financial regulator will set conditions for Spain's Banco Santander SA (STD) ahead of the approval of the planned merger of two Polish banks, the regulator said in a statement Tuesday.

Banco Santander Tuesday said it had agreed to take over Poland's Kredyt Bank SA (KRB.WA) from Belgium's KBC Group N.V. (>> KBC) and merge it with Bank Zachodni WBK SA (BZW.WA), which Santander already owns. The combined bank will be worth 20.8 billion zlotys (EUR5 billion).

-By Marcin Sobczyk, Dow Jones Newswires; +48 22 447 2432; marcin.sobczyk@dowjones.com

Stocks mentioned in the article : KBC, Banco Santander, S.A., Bank Zachodni, Kredyt Bank, UniCredit SpA
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Financials (€)
Sales 2016 43 656 M
EBIT 2016 21 252 M
Net income 2016 6 011 M
Debt 2016 -
Yield 2016 4,66%
P/E ratio 2016 10,42
P/E ratio 2017 9,62
Capi. / Sales 2016 1,43x
Capi. / Sales 2017 1,39x
Capitalization 62 558 M
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Mean consensus HOLD
Number of Analysts 30
Average target price 4,51 €
Spread / Average Target 5,1%
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NameTitle
José Antonio Álvarez Álvarez Chief Executive Officer & Executive Director
Ana Patricia Botín-Sanz de Sautuola O'Shea Group Executive Chairman
Andreu Plaza López Executive Vice President-Technology & Operations
José Antonio Garcia Cantera Group Chief Financial Officer & Executive VP
Guillermo de la Dehesa Romero Vice Chairman
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