Santander's net profit up 12% to €3.3B in Q3 - Breaking The News
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Santander's net profit up 12% to €3.3B in Q3

EPA-EFE/ANDY RAIN

Banco Santander SA said on Tuesday its attributable profit for the third quarter of 2024 landed at €3.3 billion, soaring 12% from the same period a year earlier. Earnings per share added 18% year on year to €0.20, while total income added 1.3% to €15,1 billion.

For the first nine months of the year, the Spanish bank's attributable profit climbed 14% to €9.3 billion, or €0.57 per share, while total income amounted to €46.2 billion.

"The group continues to deliver strong, profitable growth, with earnings per share up 19%. We are growing both net interest income and net fee income, credit quality is robust and our transformation continues to generate positive operational leverage," CEO Ana Botin stated.

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