Santander increases profit 18% to €9,605mn in 2022, earnings per share up 23%
Banco Santander (SAN) reported a profit of €9,605 million in 2022 (+18% in current euros), after gaining €2,289 million (+1%) in the fourth quarter. Annual net interest income rose to €38,619 million (+16%). The bank pointed out that “the effect of the rise in interest rates on net interest income has not yet been fully reflected in Spain, Portugal and the United States”. On the dividend policy, it said that…