Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Shinhan Financial Group Co., Ltd., Banco Santander or S.A. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Shinhan Financial Group Co., Ltd., Banco Santander and S.A. compare based on key financial metrics to determine which better meets your investment needs.

About Shinhan Financial Group Co., Ltd., Banco Santander and S.A.

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea, Vietnam, and Japan. The company operates in six segments: Banking, Credit card, Securities, Insurance, Credit, and Others. It offers credit, lending and receiving deposits; credit cards, short-term and long-term card loan services, installment financing, and leases; securities trading, consignment trading, and underwriting; life and non-life insurance business; facility rental and new technology business financing; and real estate trust, investment advisory services, venture business investment, and other businesses. Shinhan Financial Group Co., Ltd. was founded in 1982 and is based in Seoul, South Korea.

Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides credit and debit cards, real estate loans, microfinance, and auto loans; corporate and investment banking services; advice on mergers and acquisitions; wealth, asset, and risk management services; and digital payments and technology solutions. In addition, it is involved in the securitization, leasing, management of portfolios, e-commerce, air transport, aircraft rental, software, consulting, fund and investment management, renewable energy, vehicle rental, insurance, advertising, marketing, telemarketing, automotive, agricultural, factoring, securities brokerage and investment, pension fund management, trade intermediary, venture capital fund, renting, restaurant, electricity production, IT, internet, and financial advisory and other activities; management, and other real estate activities; and purchase and sale of vehicles. Further, the company offers mobile and online banking services. Banco Santander, S.A. was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007. The company was incorporated in 1856 and is headquartered in Madrid, Spain.

Latest Banks and Shinhan Financial Group Co., Ltd., Banco Santander, S.A. Stock News

As of July 31, 2026, Shinhan Financial Group Co., Ltd. had a $33.3 billion market capitalization, compared to the Banks median of $716.9 million. Shinhan Financial Group Co., Ltd.’s stock is up 30.4% in 2026, down 2.2% in the previous five trading days and up 42.19% in the past year.

Currently, Shinhan Financial Group Co., Ltd.’s price-earnings ratio is 10.4. Shinhan Financial Group Co., Ltd.’s trailing 12-month revenue is $10.5 billion with a 32.5% net profit margin. Year-over-year quarterly sales growth most recently was 3.1%. Analysts expect adjusted earnings to reach $8.520 per share for the current fiscal year. Shinhan Financial Group Co., Ltd. currently has a 2.8% dividend yield.

As of July 31, 2026, Banco Santander, S.A. had a $202.2 billion market cap, putting it in the 99th percentile of all stocks. Banco Santander, S.A.’s stock is up 20.2% in 2026, up 4.1% in the previous five trading days and up 61.14% in the past year.

Currently, Banco Santander, S.A.’s price-earnings ratio is 14.6. Banco Santander, S.A.’s trailing 12-month revenue is $54.6 billion with a 33.5% net profit margin. Year-over-year quarterly sales growth most recently was 11.6%. Analysts expect adjusted earnings to reach $1.360 per share for the current fiscal year. Banco Santander, S.A. currently has a 2.1% dividend yield.

How We Compare Shinhan Financial Group Co., Ltd., Banco Santander and S.A. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Shinhan Financial Group Co., Ltd., Banco Santander and S.A.’s stock grades to see how they measure up against one another.

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Shinhan Financial Group Co., Ltd., Banco Santander and S.A. Stock Value Grades

Company	Ticker	Value
Shinhan Financial Group Co., Ltd.	SHG	A
Banco Santander, S.A.	SAN	C

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Shinhan Financial Group Co., Ltd. has a Value Score of 98, which is Deep Value. Banco Santander, S.A. has a Value Score of 43, which is Average.

The Value Stock Winner: Shinhan Financial Group Co., Ltd.

As you can clearly see from the Value Grade breakdown above, Shinhan Financial Group Co., Ltd. is considered to have better value than Banco Santander, S.A.. For investors who focus solely on a company’s valuation, Shinhan Financial Group Co., Ltd. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Shinhan Financial Group Co., Ltd., Banco Santander and S.A.’s Momentum Grades

Company	Ticker	Momentum
Shinhan Financial Group Co., Ltd.	SHG	B
Banco Santander, S.A.	SAN	A

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Shinhan Financial Group Co., Ltd. has a Momentum Score of 67, which is Strong. Banco Santander, S.A. has a Momentum Score of 82, which is Very Strong.

The Momentum Grade Winner: Banco Santander, S.A.

As you can clearly see from the Momentum Grade breakdown above, Banco Santander, S.A. is considered to have stronger momentum compared to Shinhan Financial Group Co., Ltd.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Banco Santander, S.A. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Shinhan Financial Group Co., Ltd., Banco Santander and S.A.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Shinhan Financial Group Co., Ltd.	SHG	B
Banco Santander, S.A.	SAN	A

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Shinhan Financial Group Co., Ltd. has a Earnings Estimate Score of 76, which is Positive. Banco Santander, S.A. has a Earnings Estimate Score of 92, which is Very Positive.

The Earnings Estimate Revisions Grade Winner: Banco Santander, S.A.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Banco Santander, S.A. has a better Earnings Estimate Revisions Grade than Shinhan Financial Group Co., Ltd.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Banco Santander, S.A. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Shinhan Financial Group Co., Ltd., Banco Santander and S.A. Grades

In addition to Value, Estimate Revisions and Momentum, A+ Investor also provides grades for Growth and Quality.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Shinhan Financial Group Co., Ltd., Banco Santander and S.A. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Shinhan Financial Group Co., Ltd., Banco Santander or S.A. Stock?

Overall, Shinhan Financial Group Co., Ltd. stock has a Value Score of 98, Momentum Score of 67 and Estimate Revisions Score of 76.

Banco Santander, S.A. stock has a Value Score of 43, Momentum Score of 82 and Estimate Revisions Score of 92.

Comparing Shinhan Financial Group Co., Ltd., Banco Santander and S.A.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.