Locked content Banco Santander with €1.7 bln profit in Q2 2018

Banco Santander recorded €1.698 billion in consolidated net profit in Q2 2018, compared to €1.749 billion in the corresponding period of last year, the bank stated in a report. The result was affected by €300 million in fees related to integrating Banco Popular. Excluding the one-off cost, profit in...

Locked content BZ WBK under Santander brand starting September

WSE-listed lender Bank Zachodni WBK plans to operate under the new name Santander Bank Polska from September 2018, the company stated in a market filing. Banco Santander holds a 69.34 percent stake in BZ WBK. BZ WBK is the third largest bank in Poland in terms of assets held in 2017….

Locked content Europe’s top bank grows by a fifth y/y

The consolidated net profits of Banco Santander were €3.4 billion in H1 2015, compared with €2.8 billion a year ago. Interest income amounted to €16.3 billion (€14.4 billion last year). Meanwhile, the results from fees and commissions reached €5.1 billion, up from last year’s H1 result of €4.7...

Locked content Santander to issue stakes worth €7.5 bln

Banco Santander (BS) is considering issuing 1,258 stocks in an accelerated book building (ABB). The Spanish lender aims to earn €7.5 billion. Share dealing was to be reopened on Friday. The cash infusion will allow BS to take advantage of economic growth expected to burst in countries where the bank...