Santader profits

Santander’s 2H18 attributable profit rises by 4 %

Santander’s Profit Rises 4 % In The First Half Of 2018 To € 3,752 M, After €300 M Integration Charge

Banco Santander increased attributable profit in the first half of 2018 to €3,75 2 million, 4 % higher than the same period of last year after a €300 million net charge primarily related to integration costs for Banco Popular. At the time of the Popular acquisition, on June 7 th 2017, the Group said it expected to register € 300 million in integration costs per year until 2019.