The different current derivation of Banco Santander in front of the most capitalized bank in continental Europe, that is, leaving aside the British, we talk about UBS, it has made it possible for the entity that presides over Ana Botín has been placed as the entity with the most stock market value.
His profits clearly contrast with the falls experienced by the Swiss bank: while Santander is revalued by 34 so far this year, the cuts for UBS reach 17.2% in this 2025.
From CNBC they emphasize that one of the factors that have most influenced Santander with its market value of more than 90.5 billion deters UBS They come hand in hand with Donald Trump’s announced tariffs. And it is that both banks, together with the European banking sector in general, have suffered since the imposition of the White House protectionist policies, given the reduction of growth prospects for European countries affected by tariffs and the perspective of a recession in the United States.
Let’s not forget that Washington imposed 20% tariffs on imports from the European Union, but reduced them to 10% After a 90 -day pause announced by Trump on April 9.
And also that, Switzerland, who is not a member of the EU, faces a higher tariff of 31 % after the suspension lifting, And the Trump administration has also threatened to impose additional tariffs on imported medicines. This could be a hard blow to the Swiss pharmaceutical industry, which experienced solid growth in the fourth quarter and contributed significantly to exports of the country during that period.
We talk about the cyclical component of the bank values that have suffered in their flesh is drifting, but the recovery of Santander, and the good prospects that market experts predict, with the greatest potential of the entities, up to 6 quoted in the IBEX 35, and His top 3 position in the Spanish selective, an Ibex 35 that rises above 11% so far this year, They have made it possible.
In this way Santander, you can even raise the gap with UBS. About to present results of the first quarter, on April 30, Rent 4 stands out as the second after Sabadell with more potential, with improvement of its target price to 7.58 euros per share, 26% from its last price at market closure with rating of raising the value in the portfolios.
The average of the market that includes Reuters places Santander with a medium purchase and price target price of 6.62 euros per share, with 10.7%potential. From Alantra, for example, that council with strong purchase on the value and PO of 8 euros per share, with possible bullish route that touches 33% from its current contribution levels.