Santander Bank

Santander

Banco Santander reported a underlying profit of €11,176 million in the first nine months of 2026, up 16%

Banco Santander reported a record underlying profit of €11,176 million in the first nine months of 2026, up 16%. Attributable profit reached €12,405 million, up 20%. This includes a €1.9 billion net capital gain from completing the disposal of Santander Bank Polska in January, partly offset by €666 million in charges, including integration costs associated with TSB and Webster. Underlying results exclude these non-recurring items to give a consistent view…


Banco Santander

Santander increases 2026 interim cash dividend by 10% to 12.7 cents

Banco Santander will pay an interim cash dividend against 2026 earnings of 12.7 euro cents per share, representing a 10% increase compared to the interim dividend paid last year. The dividend will be paid on November 2, 2026. This meets, and even exceeds, the forecasts made by Executive Chair Ana Botín at the annual general shareholders’ meeting. Approved this Tuesday by the bank’s board of directors, total shareholder remuneration against…


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Santander launches a new share buyback program: €1.825 billion over one hundred days

Just three days after completing the share buyback program in which it invested more than €5 billion, Banco Santander has launched a new plan, allocating an additional €1.825 billion with the objective of acquiring 1% of its capital. The entity expects this new plan to extend over “98 trading sessions,” which could extend its execution until January 8, 2027, across the Spanish stock exchange as well as Turquoise Europe, DXE…


Santander

Santander completes its share buyback program

Banco Santander has announced that it has completed its share buyback program after reaching the maximum scheduled investment of €5.03 billion. In total, the bank acquired 462,683,139 treasury shares, equivalent to approximately 3.08% of its share capital. The program, regularly reported to the market in accordance with European regulations, aimed to cancel the acquired shares and reduce the share capital, a measure authorized by the European Central Bank (ECB) on…


Banco Santander office

Santander reports 1Q26 net attributable profit of €5,455m, 3% above company-compiled consensus of €5,291m

Jefferies | The print includes a €1.9bn capital gain in relation to the sale of the Polish business. Excluding this, net profit of €3,560m was also a 3% beat. PBT was a 2% miss on higher impairments, with pre-prov profits 3% above consensus. Revenues were a 1% beat, with NII 2% above and fees broadly in line. Costs were a 1% beat, with a C:I ratio in the quarter of…


Santander Junta 2025

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…


Banco Santander

“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…


Santander

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…


Banco Santander

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…


banco santander

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…