Nomura Holdings Inc vs Banco Santander SA — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Banco Santander SA trades at $13.74 (market cap $191.46B). The key difference: Banco Santander SA is far larger — about 7× Nomura Holdings Inc's market cap, and Nomura Holdings Inc pays the higher dividend (3.45%). Which is the better fit depends on your goals.
| NMR | SAN | |
|---|---|---|
Market Cap | $27.46B | $191.46B |
Sector | Financials | Financials |
52-Week High | $10.04 | $14.37 |
52-Week Low | $6.39 | $8.40 |
Dividend Yield | 3.45% | 2.09% |
Trailing returns across standard periods
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
Read more on NMR →Santander's focus is on retail and commercial banking. Latin America is geographically the largest operation, with Brazil by far the largest. Its continental European business is still mainly Iberian. Santander's U.K. presence is the result of the acquisition of building society Abbey. In the U.S., Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.
Read more on SAN →