Pomerantz LLP announced an investigation on behalf of Banco Santander, S.A. investors into whether the bank and its executives engaged in securities fraud or other illegal business practices.
The investigation follows Santander’s third-quarter 2026 results, released on October 28, 2026. Total revenue missed consensus estimates, and attributable net profit declined.
Net loan-loss provisions rose 22% year over year, signaling increased credit risk. After the results were reported in October, Santander’s American Depositary Receipt (ADR) price fell significantly.