Urgent.News

What's breaking now, across thousands of outlets.

Business

Santander will study the distribution of its excess capital next year.

Capital generation is one of the things Santander does well, the CEO says, stressing that the group will decide in due course whether to carry out the distribution through buybacks or extra dividends. The bank expects to make more than 15,000 million this year.

Translated from Spanish Read in Spanish

Santander will study the distribution of its excess capital next year.

Santander expects to make a profit of over 15,000 million this year. The bank's CEO, Héctor Grisi, stated that the group generates capital well and will decide on its distribution, possibly through buybacks or extra dividends, at a later time. By the end of 2027, Santander will assess potential returns of excess capital to shareholders if it exceeds 13% of its operational range. If no suitable investment opportunities arise, the bank may return capital to shareholders, with the board making decisions based on 2027 results.

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.

Read the original at expansion.com →

More in Business

More from Wednesday 28 October →