Santander Bank

In Spain, Relevant News Item 3rd February 2026

Santander acquires Webster, becoming 10th Largest U.S. Bank after posting €14.1 billion profit in 2025

“If you are not in the U.S., you cannot aspire to be a global bank,” stated Ana Botín, Executive Chair of Banco Santander, explaining the acquisition of Webster for $12.2 billion—an all-stock transaction. She described the move as a “growth operation” that will “allow us to increase earnings by 7% and positions us to be one of the most competitive banks in the U.S., with the expectation of reaching an…

In Spain 4th November 2025

“The average interest rate for a Spanish mortgage is 2.67%, lower than what the Spanish Treasury pays,” explains Banco Santander president

“The urgency of growth” is the theme of this year’s International Banking Conference organized by Banco Santander, whose president, Ana Botín, opened the session with a passionate defense of the European banking sector, which she described as straitjacketed “by regulation exceeding 90,000 pages, the equivalent of 50 bibles or 100 Quixotes.” “In the US, capital requirements are going down. In Europe, they are going up, and the differences are going…

Companies, Spanish economy 29th October 2025

Santander: Profit rises 11% to €10,337 million in first nine months of year

Santander posts record nine-month results, with earnings per share up 16% and growing seven million customers to 178 million. Revenue was stable (€46.3 billion), with the bank achieving record net fee income (up 4% year-on-year). Operating expenses fell by 1%. As a result, the efficiency ratio improved to 41.3%. Loan-loss provisions fell 1% with improved cost of risk at 1.13% (-5 basis points). Non-performing loan ratio of 2.92%, improving 14…

In Spain 2nd July 2025

Santander Buys TSB from Sabadell for €3.1 Billion

Banco Santander—currently the UK’s fourth-largest mortgage lender—will pay £2.65 billion (approximately €3.1 billion) in cash for TSB, the ninth-largest bank in the country. In addition to this, Sabadell will receive the €300 million that TSB is expected to earn until the transaction closes during the first quarter of 2026. This deal will allow Sabadell to pay €3.8 billion in dividends (equivalent to 1/6 of the bank’s capitalization) over the next…

Spanish economy 5th May 2025

Santander sells 49% of Santander Polska to Erste Group Bank for €6.8 billion

Erste Group Bank AG (“Erste”) to acquire a c.49% stake in Santander Bank Polska S.A. (“Santander Polska”) and 50% of Santander’s Polish asset management business TFI for a total cash consideration of €7 billion. The all-cash transaction at 584 zlotys per share values the bank at 2.2 times first quarter 2025 tangible book value per share, excluding the declared dividend of 46.37 zlotys per share, and represents a premium of…

Spanish economy 30th April 2025

Santander: 1Q25 First Look – 9% Beat, with Many Moving Parts across Geos

Iñigo Vega (Jefferies) | A 9% net income beat, mainly driven by revenues (trading and other income) and lower other provisions. Strong prints in South EU, alongside Poland and the US, while key geos in Latam and the UK were soft. The print looks good enough to us, with LLPs the only notable miss driven by €100m in extra NPL provisions booked at Corp Centre. FY25 guidance maintained despite EZ…

In Spain 6th February 2025

“We are giving Spaniards cheaper mortgages today than what we lend to the State,” explains Santander president

“And corporate credit in Spain is now cheaper than in Germany, according to data from the ECB survey” (3.69% vs 3.70%), emphasized the president of Spain’s largest bank, Ana Botín, who saw a rise of more than 8% in the stock market yesterday after announcing profits of €12.574 billion (up 14%) with a revenue increase of 10%. (https://t.co/TUaTQ8qTGE ) The board intends to increase shareholder returns and also announces a…

In Spain 5th February 2025

Santander reports profit of 12,574 million (+14%) in 2024

Jefferies | 4Q2 First Look -New Guidance Supportive to Earnings and Buybacks: A 4% PBT beat, positively impacted by an FX adjustment in Argentina, with PBT ex-Argentina in line. Beats come from ‘core’ geos such as Spain, Mexico and Brazil, with softer prints in rest of Europe. New guidance implies c1-1.5bn EUR upside to ’25 cons profits (+10% at the mid-point) and c4bn EUR upside to cons buybacks in ’25-26….

Spanish economy 29th October 2024

Santander reports 3Q24 attributable profit of €3,250m, 4% above company-compiled consensus

Iñigo Vega (Jefferies) | Santander 3Q24 First Look – Solid Dynamics Despite Still Ongoing Neg. Argentine Impact A 4% beat at bottom line, again impacted by negative adjustments in relation to Argentina. Ex-Argentina, net income was a 7% beat (5% beat at PBT). Revenue dynamics trending in line, with strong trading and other income and NII in line. Across the Group, better OpEx and CoR dynamics. Beats coming from key…

Spanish economy 5th September 2024

Banco Santander, Global Sponsor of Formula I

Banco Santander has ‘returned’ to Formula One, but this time as Global Sponsor of the competition, thus interrupting its presence in the Ferrari team, which was so successful during its first sponsorship during the presidency of the late Emilio Botín. The entity now headed by Ana Botín is expanding its investment, becoming the company’s global sponsor and official bank. The international entity, based in Santander, announced this Wednesday the agreement…

1 2 3 … 15 »