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Santander Clarifies Use of Non-IFRS Metrics and Flags Wide-Ranging Risks to Outlook

Story Highlights
  • Santander details its use of unaudited non-IFRS and ESG metrics as supplementary, non-comparable performance measures.
  • The bank warns that numerous economic, geopolitical, regulatory and climate risks could materially alter future results and sustainability data reliability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santander Clarifies Use of Non-IFRS Metrics and Flags Wide-Ranging Risks to Outlook

Meet Samuel – Your Personal Investing Prophet

Banco Santander SA ( (SAN) ) has shared an announcement.

Banco Santander has issued supplementary information explaining its use of alternative performance measures and non-IFRS indicators in its financial reporting, stressing that these metrics are derived from its financial data but are not defined under IFRS and are unaudited. The bank positions these measures as tools for internal planning and performance assessment and for helping investors compare results over time, while emphasizing that they are purely supplemental, may not be comparable with peers’ metrics, and that ESG-labelled indicators are not aligned with EU taxonomy or SFDR principal adverse impact standards. Santander also highlights the extensive uncertainty surrounding forward-looking information, outlining a wide range of macroeconomic, geopolitical, regulatory, market, cyber and climate-related risks that could cause actual performance to differ materially from expectations, and cautions that sustainability data in particular is subject to material assumptions, measurement challenges and comparability limitations, and should be viewed as informational rather than determinative for investment decisions.

The most recent analyst rating on (SAN) stock is a Buy with a $14.50 price target. To see the full list of analyst forecasts on Banco Santander SA stock, see the SAN Stock Forecast page.

More about Banco Santander SA

Banco Santander SA is a global banking group headquartered in Spain, operating across retail and commercial banking, corporate and investment banking, and wealth management. The group serves individuals, SMEs and large corporates in key markets including Europe, the UK, Latin America and the US, and is a frequent issuer of detailed financial and regulatory disclosures to international investors.

Average Trading Volume: 4,888,958

Technical Sentiment Signal: Buy

Current Market Cap: $185.3B

For an in-depth examination of SAN stock, go to TipRanks’ Overview page.

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