Santander boss Botin warns of trade tension uncertainty Spain's Santander said today it continued to gain customers in the first quarter and was on track to meet its full-year revenue and profitability targets. Business • 04 Apr
Santander boss Botin warns of trade tension uncertainty Spain's Santander said today it continued to gain customers in the first quarter and was on track to meet its full-year revenue and profitability targets. Business • 04 Apr
Santander's €10 billion in buybacks after record profits Santander said today it expects to return €10 billion to investors through share buybacks from 2025 and 2026 earnings and anticipated excess capital. Business • 05 Feb
Santander's €10 billion in buybacks after record profits Santander said today it expects to return €10 billion to investors through share buybacks from 2025 and 2026 earnings and anticipated excess capital. Business • 05 Feb
Santander's profit rises as Spain offsets UK weakness Santander has today posted an 11% rise in first-quarter net profit as Spain led a solid retail banking performance in Europe that offset weakness in Britain and higher provisions. Business • 30 Apr 24
Santander's profit rises as Spain offsets UK weakness Santander has today posted an 11% rise in first-quarter net profit as Spain led a solid retail banking performance in Europe that offset weakness in Britain and higher provisions. Business • 30 Apr 24
Santander Q4 profit at record high on Europe lending Spain's Santander is targeting higher profitability this year after record fourth-quarter net earnings beat forecasts on increased lending income in Europe and Brazil. Business • 31 Jan 24
Santander Q4 profit at record high on Europe lending Spain's Santander is targeting higher profitability this year after record fourth-quarter net earnings beat forecasts on increased lending income in Europe and Brazil. Business • 31 Jan 24
Santander's Q3 profit up 20% on higher lending income Spain's Santander said today that its net profit in the third quarter rose 20% from the same quarter in 2022 thanks to higher lending income in Europe, which offset a weaker performance in the US. Business • 25 Oct 23
Santander's Q3 profit up 20% on higher lending income Spain's Santander said today that its net profit in the third quarter rose 20% from the same quarter in 2022 thanks to higher lending income in Europe, which offset a weaker performance in the US. Business • 25 Oct 23
Santander's quarterly profit climbs on efficiency gains Spain's Santander said today that its net profit in the first quarter beat forecasts, rising 58% on the same period a year earlier thanks to higher revenues and efficiency gains in Europe. Business • 26 Apr 22
Santander's quarterly profit climbs on efficiency gains Spain's Santander said today that its net profit in the first quarter beat forecasts, rising 58% on the same period a year earlier thanks to higher revenues and efficiency gains in Europe. Business • 26 Apr 22
Santander reiterates profitability target despite war Spain's Santander today said it was on track to meet its 2022 profitability target due to a solid business performance mainly in its American markets and a recovery in Europe. Business • 01 Apr 22
Santander reiterates profitability target despite war Spain's Santander today said it was on track to meet its 2022 profitability target due to a solid business performance mainly in its American markets and a recovery in Europe. Business • 01 Apr 22
Santander ordered to pay Orcel €68m after losing court A Madrid court has ordered Santander to pay Italian banker Andrea Orcel €67.8m over an offer to make him CEO which the Spanish bank withdrew, a pricey twist in an employment dispute that has captivated the world of high finance. Business • 10 Dec 21
Santander ordered to pay Orcel €68m after losing court A Madrid court has ordered Santander to pay Italian banker Andrea Orcel €67.8m over an offer to make him CEO which the Spanish bank withdrew, a pricey twist in an employment dispute that has captivated the world of high finance. Business • 10 Dec 21
Santander's profit beats forecasts on solid markets Santander has today beaten forecasts with a 24% rise in third-quarter net profit on the back of lower loan loss provisions and a strong performance in Britain. Business • 27 Oct 21
Santander's profit beats forecasts on solid markets Santander has today beaten forecasts with a 24% rise in third-quarter net profit on the back of lower loan loss provisions and a strong performance in Britain. Business • 27 Oct 21
Santander boss Botin defends Orcel CEO offer in court Santander boss Ana Botin has today defended the bank's actions in a court hearing over the withdrawal of an offer more than two years ago to make Italian banker Andrea Orcel its chief executive. Business • 19 May 21
Santander boss Botin defends Orcel CEO offer in court Santander boss Ana Botin has today defended the bank's actions in a court hearing over the withdrawal of an offer more than two years ago to make Italian banker Andrea Orcel its chief executive. Business • 19 May 21
Santander sees better core profits for 2020 Spain's Santander has forecast an improvement of core profits for 2020, citing better customer behaviour in expired loan payments and more cost savings in Europe after it swung back to the black in the third quarter. Business • 27 Oct 20
Santander sees better core profits for 2020 Spain's Santander has forecast an improvement of core profits for 2020, citing better customer behaviour in expired loan payments and more cost savings in Europe after it swung back to the black in the third quarter. Business • 27 Oct 20
Santander books record €11 billion loss on impairments Spain's Santander has today reported a record net loss of €11.1 billion in the second quarter, taking the biggest hit yet for a European bank dealing with the coronavirus crisis which it tried to offset with lower costs. Business • 29 Jul 20
Santander books record €11 billion loss on impairments Spain's Santander has today reported a record net loss of €11.1 billion in the second quarter, taking the biggest hit yet for a European bank dealing with the coronavirus crisis which it tried to offset with lower costs. Business • 29 Jul 20
Santander Q1 profit slumps on virus-related provisions Spain's Santander has today posted an 82% year-on-year slump in quarterly net profit as it booked higher provisions for expected credit losses from the coronavirus outbreak. Business • 28 Apr 20
Santander Q1 profit slumps on virus-related provisions Spain's Santander has today posted an 82% year-on-year slump in quarterly net profit as it booked higher provisions for expected credit losses from the coronavirus outbreak. Business • 28 Apr 20
Santander boosts capital ratio, profit rises on Latam Spain's Santander said it had significantly boosted its capital ratio in 2019 and will target a further increase in 2020, lifting its shares as a solid underlying performance in Latin America offset sluggishness in Britain. Business • 29 Jan 20
Santander boosts capital ratio, profit rises on Latam Spain's Santander said it had significantly boosted its capital ratio in 2019 and will target a further increase in 2020, lifting its shares as a solid underlying performance in Latin America offset sluggishness in Britain. Business • 29 Jan 20
Santander posts 3% fall in Q2 profits on Popular costs Banco Santander today posted a 3% decline in second-quarter net profit from a year earlier after being hit by restructuring costs of €300m due mainly to the integration of Banco Popular. Business • 25 Jul 18
Santander posts 3% fall in Q2 profits on Popular costs Banco Santander today posted a 3% decline in second-quarter net profit from a year earlier after being hit by restructuring costs of €300m due mainly to the integration of Banco Popular. Business • 25 Jul 18
Santander's Q1 profit rises 10%, buoyed by Brazil Banco Santander, the euro zone's biggest bank by market value, posted a better-than-expected 10% rise in first-quarter net profit on strength in its largest market, Brazil. Business • 24 Apr 18
Santander's Q1 profit rises 10%, buoyed by Brazil Banco Santander, the euro zone's biggest bank by market value, posted a better-than-expected 10% rise in first-quarter net profit on strength in its largest market, Brazil. Business • 24 Apr 18
Santander rescues Banco Popular from collapse Spain's biggest bank Santander today said it would buy struggling rival Banco Popular for a nominal one euro after European authorities determined the lender was on the verge of insolvency. Business • 07 Jun 17
Santander rescues Banco Popular from collapse Spain's biggest bank Santander today said it would buy struggling rival Banco Popular for a nominal one euro after European authorities determined the lender was on the verge of insolvency. Business • 07 Jun 17
Santander posts 14% profit rise on Brazilian strength Strong growth in Brazil drove Banco Santander's profit up 14% in the first quarter, continuing a trend in which the Spanish bank's largest market has offset profit weakness in Britain. Business • 26 Apr 17
Santander posts 14% profit rise on Brazilian strength Strong growth in Brazil drove Banco Santander's profit up 14% in the first quarter, continuing a trend in which the Spanish bank's largest market has offset profit weakness in Britain. Business • 26 Apr 17
Banco Santander posts 4% full-year profit rise Banco Santander opened Spain's bank reporting season today with a 4% rise in its 2016 net profit, as improved results in Brazil helped offset a weak performance in Britain. Business • 25 Jan 17
Banco Santander posts 4% full-year profit rise Banco Santander opened Spain's bank reporting season today with a 4% rise in its 2016 net profit, as improved results in Brazil helped offset a weak performance in Britain. Business • 25 Jan 17
Santander's profits hit by Brazilian currency fall The drop in the Brazilian real and other Latin American currencies weighed on Santander's third-quarter earnings, the Spanish bank said today. Business • 29 Oct 15
Santander's profits hit by Brazilian currency fall The drop in the Brazilian real and other Latin American currencies weighed on Santander's third-quarter earnings, the Spanish bank said today. Business • 29 Oct 15
Santander's Q1 profit jumps by nearly a third Santander posted a 32% jump in first-quarter net profit as the euro zone's biggest bank drew on rising income from lending and fees in key markets such as Britain and Brazil. Business • 28 Apr 15
Santander's Q1 profit jumps by nearly a third Santander posted a 32% jump in first-quarter net profit as the euro zone's biggest bank drew on rising income from lending and fees in key markets such as Britain and Brazil. Business • 28 Apr 15
Santander names new boss in reshuffle Spain's Santander, the biggest bank in Europe by market value, today named Jose Antonio Alvarez as its new chief executive in a reshuffle after longtime chairman Emilio Botin died. Business • 25 Nov 14
Santander names new boss in reshuffle Spain's Santander, the biggest bank in Europe by market value, today named Jose Antonio Alvarez as its new chief executive in a reshuffle after longtime chairman Emilio Botin died. Business • 25 Nov 14
Santander Q3 profit jumps as bad loan charges fall Santander, the euro zone's biggest bank, today reported a 52% jump in third quarter net profit, as losses on problematic debts receded. Business • 04 Nov 14
Santander Q3 profit jumps as bad loan charges fall Santander, the euro zone's biggest bank, today reported a 52% jump in third quarter net profit, as losses on problematic debts receded. Business • 04 Nov 14
Santander's Ana Botin affirms bank's strategy Ana Botin, the new chairwoman of Santander, told shareholders today she would defend the legacy of her father at the helm of the euro zone's biggest bank. Business • 15 Sep 14
Santander's Ana Botin affirms bank's strategy Ana Botin, the new chairwoman of Santander, told shareholders today she would defend the legacy of her father at the helm of the euro zone's biggest bank. Business • 15 Sep 14
