Genworth issues statement on ruling in UK payment protection insurance case
Genworth Financial's Response: Genworth Financial issued a statement regarding a UK High Court ruling that found Santander liable for AXA's losses related to the mis-selling of Payment Protection Insurance (PPI) policies, which were underwritten by companies acquired from Genworth.
Potential Financial Recovery: If the judgment is paid and appeals are resolved favorably, Genworth expects to recover approximately $750 million from AXA, which will be allocated towards growth investments, shareholder returns, and debt reduction.
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- Strong Performance: Banco Santander's stock has surged 142% over the past 12 months, indicating robust market performance and reflecting its competitive edge and growth potential in the global banking sector.
- Acquisition Strategy: The bank's acquisition of Webster Financial, a community bank based in Connecticut, is part of its strategic expansion in the northeastern U.S. market, aimed at enhancing market share and profitability.
- Profitability Goals: Santander aims to achieve a 20% return on tangible equity by 2028, showcasing its confidence in future growth and attractiveness to investors.
- Market Recognition: Notable investor Jim Cramer praised Santander as an “amazing” investment choice, further elevating market interest and investor confidence in the stock.

Termination Fee: Webster Financial Corp. is set to pay a termination fee of $489 million to Banco Santander.
Event Trigger: This payment is a result of the termination of an agreement between Webster Financial and Banco Santander.

- Stock Performance: Biogen's stock experienced an increase on Friday despite facing declining sales.
- Drug Portfolio Issues: The company's drug portfolio showed poor performance in the fourth quarter, contributing to investor concerns.
- Earnings Growth: Banco Santander's Q4 net interest income rose to €11.5B from €11.1B in Q3, exceeding the Visible Alpha consensus of €11.3B, indicating robust revenue growth that further solidifies its market position.
- Buyback Program Launch: The bank announced a €5.03B share buyback program, with €1.83B corresponding to 25% of the underlying profit for the second half of 2025, aimed at enhancing shareholder returns and boosting market confidence.
- Expense Control: Despite operating expenses rising from €6.27B to €6.59B, Banco Santander achieved a 7.4% increase in attributable profit to €3.76B, surpassing analyst expectations, demonstrating effective cost management.
- Capital Adequacy Improvement: The return on equity increased from 13.8% to 17.9% in Q4, with customer deposits reaching €1.04T, reflecting a strong customer base and capital generation capacity that lays a solid foundation for future growth.
- Significant Profit Growth: Banco Santander reported an attributable profit of €14.101 billion for FY 2025, marking a 12% increase from €12.574 billion in FY 2024, indicating a robust enhancement in profitability that is expected to further boost shareholder returns.
- Steady Revenue Increase: The bank's total income reached €16.113 billion in Q4, up 1% year-over-year, while total income for FY 2025 was €58.67 billion, reflecting a 0.5% growth from the previous year, showcasing the company's success in revenue diversification and strengthening its market competitiveness.
- Acquisition Strategy: Banco Santander has agreed to acquire Webster Financial Corp. for approximately $12.3 billion, which is expected to expand its market share and drive double-digit revenue growth by 2027, enhancing overall profitability.
- Commitment to Buybacks: The board has approved a €5 billion share buyback program aimed at returning capital to shareholders against FY 2025 and 2026 earnings, demonstrating confidence in future performance and a strong commitment to enhancing shareholder value.
- Earnings Highlights: Banco Santander reported a GAAP EPS of €0.24 for Q4 2025, with total income reaching €15.16 billion, reflecting a 5.9% quarter-over-quarter increase, which indicates stability in revenue growth and bolsters investor confidence.
- Capital Adequacy Ratio: The CET1 ratio stood at 13.5% as of December 2025, comfortably exceeding the upper limit of the 12-13% operating range, demonstrating a robust capital structure that supports future business expansion and risk management.
- Acquisition Plans: Santander is set to acquire Webster Financial in a deal valued at approximately $12.3 billion in cash and stock, which not only aims to enhance its market share but also strengthens its competitive position in the U.S. market, driving long-term growth.
- Regulatory Fine: The bank faced a fine of over €40 million due to deficiencies in Openbank's internal processes, which may exert short-term financial pressure, but the company is expected to mitigate future risks through improved compliance measures.









