Banco Santander, S.A.
Banco Santander, S.A. (NYSE: SAN) is trading at $14.42, about ₹1,385 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.98% today. Indian residents can buy Banco Santander from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$14.24
Today's high
$14.46
52 week low
$9.62
52 week high
$15.05
SAN opened at $14.40, closed previously at $14.28, and has traded between $9.62 and $15.05 over the past 52 weeks.
About
Banco Santander, S.A. operates as a global financial institution, delivering a comprehensive suite of retail and commercial banking products and services. It caters to a diverse clientele, including individual consumers, small and medium-sized enterprises (SMEs), and major corporations across the world. The bank's extensive offerings encompass various deposit options, such as checking, savings, and fixed-term accounts. Its lending solutions span mortgages, consumer finance, syndicated corporate loans, and structured financing. Additionally, Santander provides critical business services like cash management, export and agency finance, trade and working capital solutions, and corporate finance, alongside a range of insurance products. The institution further specializes in cash, asset, and wealth management, as well as private banking services. Its operations also extend to corporate banking, treasury functions, risk hedging, foreign trade services, confirming, custody, and investment banking. These services are facilitated by its expansive network of 9,879 branches. Established in 1856 and based in Madrid, Spain, the company adopted its current name, Banco Santander, S.A., in June 2007, having previously been known as Banco Santander Central Hispano S.A.
Key statistics
Avg. volume
11.43M
Market cap
$211.66B
P/E Ratio
11.33
Price-to-sales ratio
2.48
Enterprise value
€367.82B
Free cash flow yield
30.44%
Debt-to-equity ratio
4.12
Return on equity
15.48%
ROIC
2.03%
Beta
0.93
Dividend yield
1.91%
Last dividend
$0.30
Financial overview
Revenue
€119.89B
Earnings per share
€0.88
Free cash flow
-€22.49B
Net profit margin
21.84%
Gross margin
63.93%
EBITDA
€21.86B
Revenue growth
-7.71%
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This is not an investment recommendation
How to buy Banco Santander from India
Indian residents can buy Banco Santander shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Banco Santander and place an order
Find Banco Santander by name or by its ticker, SAN, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Banco Santander trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Banco Santander position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Banco Santander from India
Trading and taxes when buying Banco Santander from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Banco Santander’s current yield is 1.91%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Banco Santander stock?
Yes. Banco Santander (SAN) has been listed on the New York Stock Exchange since 1987, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Banco Santander share cost in rupees?
One Banco Santander share is $14.42 — about ₹1,385 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Banco Santander price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Banco Santander from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Banco Santander?
Yes. One Banco Santander share is $14.42, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Banco Santander.
How are gains on Banco Santander shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Banco Santander price. Paasa issues a capital-gains statement for your return.
Does Banco Santander pay a dividend, and how is it taxed in India?
Yes. Banco Santander pays a dividend and the current yield is 1.91%; the last declared dividend was $0.30 per share, about ₹29.18. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Banco Santander from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is Banco Santander a United States company, and does that change how it is taxed?
Banco Santander trades on the New York Stock Exchange in US dollars, but the company is domiciled in Spain. Banco Santander trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Banco Santander shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Banco Santander holding, its cost and its closing value.
How do I sell Banco Santander and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.