This Overlooked Bank Stock Offers Income and Growth
24/7 22:22
After dividend payouts were banned during the pandemic, Spanish bank Santander is making up for lost time. It pledged to pay out half of its 2023 profits, which totaled nearly $12 billion. This means roughly $6B in buybacks and dividends is heading back to shareholders - but the stock still sells much cheaper than U.S. rivals, at a forward price/earnings ratio of 5.7x for 2025....