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The Market Rewards Santander and Punishes BBVA Again for Its Risks Outside Spain

Summary by Merca2.es
Following the publication of the results of BBVA and Banco Santander in the first quarter of 2026, RBC Capital Markets has updated its road map for the two major financial institutions of Spanish banking, under a premise of moderate optimism, but with certain differentiated strategic nuances. In this sense, analyst Benjamin Toms, of RBC Capital Markets, has raised the objective prices of both entities, finding a solid consensus on the power of t…
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Following the publication of the results of BBVA and Banco Santander in the first quarter of 2026, RBC Capital Markets has updated its road map for the two major financial institutions of Spanish banking, under a premise of moderate optimism, but with certain differentiated strategic nuances. In this sense, analyst Benjamin Toms, of RBC Capital Markets, has raised the objective prices of both entities, finding a solid consensus on the power of t…

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Merca2.es broke the news on Tuesday, May 19, 2026.
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