Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Banco Santander S.A.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Why Is Banco Santander S.A. (SAN) Under Investigation?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of shareholders of Banco Santander S.A. (NYSE: SAN).
On October 28, 2026, Santander announced its third-quarter 2026 financial results. Total revenue of €15.89 billion missed consensus estimates by approximately €370 million. Concurrently, reported attributable net profit fell by 2% to €3.43 billion, weighed down by heavy integration costs and intangible asset impairments tied to its U.S. Webster Bank acquisition. The Company’s results also revealed escalating credit risk, with net loan-loss provisions increasing 22% year-over-year to €3.49 billion. Following this news, Banco Santander’s American Depositary Receipt (“ADR”) price fell $0.78 per ADR, or 6.26%, to close at $11.68 per ADR on October 28, 2026.
What Potential Securities Violations Is BG&G Investigating?
- Whether Banco Santander S.A. and certain of its officers made false or misleading statements regarding the Company's financial condition and business prospects.
- Whether Banco Santander S.A. failed to disclose material adverse information that would have been significant to a reasonable investor.
- Whether the Company's earnings guidance was supported by a reasonable factual basis at the time it was made.
What Should Banco Santander S.A. (SAN) Investors Do?
How Is Banco Santander S.A. (NYSE: SAN) Stock Trading Today?
How Does BG&G Help Investors in Securities Fraud Investigations?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
We handle cases on a contingency fee basis — we advance all litigation costs on your behalf. There is no fee unless we are successful.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”