| BUY | 18.600 | David Driscoll | Trading at 5X cash flow. Spanish banks are down 20% because the Spanish economy is expected to slow. | 2008-07-04 | |
| Comment | 21.670 | Cameron Webster | Their housing market/mortgages went quite high and hasn't rolled over quite as much as the US, but the risk is there. The great thing about them is that they have Latin American exposure and Brazil is a better market to be exposed to. | 2007-11-14 | |
| HOLD | 20.950 | David Driscoll | Like south America/ Mexico in a big way. Largest bank in Spain, also has exposure through Latin America. Efficiency is much lower than many of the banks in the world. | 2007-10-25 | |
Experts that have talked about Banco Santander SA