10 Most Profitable European Stocks To Invest In

4. Banco Santander, S.A. (NYSE:SAN)

Upside Potential: 29.49%

5-Year Net Income CAGR: 16.11%

TTM Net Income: $12.32 Billion

Banco Santander, S.A. (NYSE:SAN) is a leading Spanish multinational financial services company. The firm’s major operations include Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments.

Banco Santander, S.A. (NYSE:SAN) is one of the few European banks with a global market and has unique competitive advantages such as diversification and customer focus. During the third quarter of 2024, the company continued to expand its customer base with balanced growth by business and region. The company’s profit was around €3.3 billion, up by 12% from a year ago. Banco Santander has added almost 5 million new customers over the last 12 months and has a total of 171 million customers, as of Q3.

The banking firm is continuing to improve its penetration in global markets, especially in Europe. The company’s Corporate & Investment Banking (CIB) segment is growing as its revenue soared by 41% year-over-year in the U.S. Overall, Banco Santander, S.A. (NYSE:SAN) is expanding its business across all regions and attracting higher customer activity.