BME:SAN.MC 17 January 2026 - 20 January 2026

Banco Santander closed at 10.49 euros in Madrid Monday, down 0.4% after a volatile session triggered by U.S. tariff threats against Europe. The IBEX 35 slipped about 1% as banks sold off ahead of Spain’s earnings season. Santander shares hovered near a 52-week high, with traders eyeing deposit costs and official responses to the tariff risk. The bank enters its earnings blackout window Jan. 20 and reports results Feb. 4.

Banco Santander shares closed at 10.54 euros in Madrid Friday, down 0.04% with 20 million shares traded. European stocks ended flat for the week, extending a five-week winning streak. The ECB has kept rates steady since June, with no near-term change expected. Santander will enter a results blackout Jan. 20 ahead of its Feb. 4 full-year earnings report.