Santander earns 12.405 billion, 20% more, due to the profit from Poland
Ordinary profit grows 16% to 11.176 billion, and capital is reduced to 12.7% after registering the impact of purchases. Brazil holds up as the second market ahead of the US, despite its greater contribution after integrating Webster.
Santander's profit reached a record 12.405 billion euros until September, a 20% increase. The bank's ordinary profit grew 16% to 11.176 billion euros. The acquisition of TSB and Webster had a negative impact on capital, which decreased to 12.7%. Despite this, Santander's president, Ana Botín, expressed confidence in meeting the bank's objectives for 2026 and its three-year plan. The bank's return on tangible equity (Rote) was 17.4%.
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.
