Citigroup Inc. (C) vs Banco Santander, S.A. (SAN)

Citigroup Inc. and Banco Santander, S.A. are both Banks Diversified companies. Citigroup Inc. and Banco Santander, S.A. are of similar size ($222.2B and $208.6B). Banco Santander, S.A. trades at the lower P/E: 11.6× against 14.4×. Banco Santander, S.A. grew revenue faster over the last twelve months: 76.4% against 4.01%. Banco Santander, S.A. has the higher net margin (14.0% vs 9.44%) and the higher return on invested capital (13.5% vs 0.00%). Both pay a dividend; Banco Santander, S.A. yields more (6.02% vs 3.96%). Across the 19 metrics below, Banco Santander, S.A. leads on 10 and Citigroup Inc. on 9.

Valuation

Metric C SAN Banks Diversified median
P/E 14.42 11.63 13.67
P/S 1.31 1.50 2.72
P/B 1.17 1.51 1.69
Price to free cash flow n/m n/m 4.53
EV/EBITDA n/m n/m —
EV/Sales (4.84) 1.72 —
Earnings yield 6.93% 8.60% 7.33%
Free cash flow yield (10.69%) (21.86%) 7.63%

Profitability

Metric C SAN Banks Diversified median
Gross margin 52.38% 50.17% 67.18%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.44% 14.00% 18.44%
Free cash flow margin (14.00%) (32.77%) 1.96%
Return on equity 8.38% 14.66% 11.14%
Return on assets 0.60% 0.87% 0.74%
Return on invested capital 0.00% 13.45% 0.00%

Growth

Metric C SAN Banks Diversified median
Revenue growth (TTM) 4.01% 76.39% 4.67%
EPS growth (last fiscal year) 17.68% 972.92% —
Revenue growth, 5-year CAGR 13.63% 15.04% 14.34%
Net income growth, 5-year CAGR 5.68% 0.00% 10.77%

Health

Metric C SAN Banks Diversified median
Debt to equity 1.56 3.89 1.39
Current ratio 1.05 0.24 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric C SAN Banks Diversified median
Dividend yield 3.96% 6.02% 3.80%
Payout ratio 0.32 0.20 0.31

Size

Metric C SAN Banks Diversified median
Market cap 222.18b 208.58b 186.46b

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