12 Cheapest Stocks with Biggest Upside Potential

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

Upside Potential: 33.06%

Forward P/E Ratio as of January 15: 6.60

Stock Price as of January 15: $4.81

Number of Hedge Fund Investors: 15

Banco Santander, S.A. (NYSE:SAN) is one of the largest banking institutions in Europe, with a significant presence in over 40 countries in Latin America, North America, and Asia. Banco Santander, S.A. (NYSE:SAN) serves over 171 million customers through a diverse range of banking and financial services, including retail, consumer, corporate and investment banking, wealth management, and payments.

Banco Santander, S.A. (NYSE:SAN) is focusing on enhancing customer experience through digital innovation and simplification. The bank is deploying global platforms and digital tools to streamline processes, reduce customer onboarding times, and improve overall user experience. The bank is also deploying a common operating model across its banks. These efforts are freeing up time for employees to focus on commercial activities and customer service.

Banco Santander, S.A. (NYSE:SAN) is leveraging its global footprint to expand its business and drive cross-border collaboration. The bank is making significant investments in its Corporate and Investment Banking (CIB) division, particularly in the U.S., to deepen client relationships and enhance its capabilities. The bank recently launched Openbank, a digital banking platform in the U.S., and introduced Zinia, a co-branded card with Amazon in Germany.