|Bid||3.3195 x 0|
|Ask||3.3205 x 0|
|Day's range||3.3100 - 3.3900|
|52-week range||2.3240 - 3.8725|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||5.93|
|Earnings date||25 Apr 2023|
|Forward dividend & yield||0.12 (3.52%)|
|Ex-dividend date||27 Apr 2023|
|1y target est||3.97|
Rising interest rates are good news for savers, who until recently earned next to nothing on the money sitting in their bank accounts.
BOSTON, March 22, 2023--Santander Bank, N.A. announced today it has raised its prime rate from 7.75% to 8.0%, effective March 22, 2023.
The Mexican arm of Spain's Banco Santander plans to launch digital lender Openbank by the end of March 2024 to offer checking accounts, credit cards and other services over time, the head of the local unit said on Thursday. "We need to 'tropicalize' it and make it fit for the Mexican market and regulation," Santander's Mexico country head Felipe Garcia told Reuters in an interview, adding that because the digital bank already operates in Argentina and some European countries the operation will not be starting from scratch. Mexico was an attractive market for the digital lender because it had a relatively low level of banking penetration compared to other Latin American countries and a very young population, he said, with the launch poised to help integrate more people into the financial system.