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A sign hangs from a Santander Bank branch in London, the United Kingdom, on Wednesday, February 3, 2010.
Simon Dawson | Bloomberg through Getty Images
Actions of Santander Bank He jumped after the largest lender in Spain reported record profits in the fourth quarter and announced plans for 10 billion euros ($ 10.4 billion) in repurchases of shares of 2025 and 2026 profits and excess of early capital.
The net profit of the bank obtained 11% year -on -year at 3,265 billion euros in the fourth quarter and in 14% per year to 12,574 billion euros throughout the year, as Santander pointed out a collection in the client’s activity, the management, the management and the growth of robust margin in all operations, particularly in retail trade. The lender added eight million new clients in 2024 to 173 million.
The lender’s actions increased by 7.3% at 08:42 am London.
“We have announced record results for the third consecutive year as we continue to increase income, profitability and yields,” said Santander Ana Botín executive president Ana Botín in a statement that accompanies the results, underlining the bank’s scale to build their own platforms technological to reduce its cost of service and improve its operational leverage.
“Our history shows that in a challenging market we surpass colleagues and in 2025 we hope to increase our results and profitability, with stable income and costs falling. And we are only scratching the surface of our potential,” he said.
This last -minute news is being updated.
