Santander and BBVA: 10 billion to grow and pay dividends
La banca cotizada extiende su momento dulce gracias al cóctel de un entorno de tipos estable y de una sólida demanda crediticia. Leer
Spanish banks have reported a strong financial performance for the first half of the year, driven by a stable interest rate environment and solid credit demand. The six listed banks have a combined excess capital of €10.745 billion over their internal targets, which can be used to distribute dividends to shareholders or invest in business growth.
Banco Santander has the largest excess capital, with €6.168 billion, followed by BBVA with €3.811 billion. The banks' capital ratios, measured by CET1, are above their targets, with Santander's ratio at 14%, BBVA's at 12.90%, and Unicaja's at 15.8%. The banks plan to use their excess capital to distribute dividends, invest in growth opportunities, or improve their internal processes.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
