Santander liderará el alza del beneficio de una banca europea disparada
UBS y Deutsche Bank destacan la transformación del grupo con su nueva estrategia y creen que las compras de Webster y TSB añadirán potencial a sus resultados. Leer
Santander is expected to lead the surge in profit for European banking as the sector continues to transform with a new profitability strategy and global platforms. UBS and Deutsche Bank predict Santander could more than double the average profit growth per share of major European banks between 2026 and 2028, with the company reaching 1.39 euros of earnings per share by 2028, up from 0.94 euros in the latest quarter.
Barclays is the only other bank that could challenge Santander's top spot by then, though UBS estimates it will fall slightly short at 45%.
The increase in interest rates, low loan delinquencies, and high financing needs are driving profit growth for European banks through at least 2028, according to investment banks. Santander is projected to have the highest annual growth rate of 21% in this period, nearly double the 11% forecast for BBVA and CaixaBank. The bank's strategic transformation, including cost control and fee generation, is expected to further bolster its position among European banks with the best profit growth outlook. The acquisitions of Webster and TSB are also expected to add value to Santander's results.
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