Santander Sells Bulk of Polish Banking Business for $7.9 Billion

Santander is selling a majority of its Polish business to Austrian bank Erste Group. The $7.9 billion deal, announced Monday (May 5) will also see the two lenders form a partnership that will see S...

Spain's Santander sells 49% in Polish unit to Erste for $7.7 bln

Spain's Santander on Monday announced the sale of a 49% stake in its Polish unit Santander Bank Polska for around 6.8 billion euros ($7.70 billion) to Austria's Erste Group Bank.

Santander UK profits fall as branch cuts and slower growth weigh

Santander UK reported an 8% drop in first-quarter pre-tax profits to £358 million, citing higher costs tied to a major overhaul of its high street network. The bank set aside £140 million in provis...

Santander Beats Estimates on Spain, U.S. Strength

Profitability was notably boosted by strong results from the bank's Spanish retail division and its U.S. digital consumer lending unit.

Santander's books Q1 record profit on strong retail businesses in Spain

Santander on Wednesday said its net profit rose 19% in the first quarter thanks to a solid performance at its main retail businesses in Spain and a lower impact from a renewed banking tax in its ho...

Banco Santander: Starting To Get Its Due From The Market

Banco Santander has been a strong performer since my last update, with good fourth quarter results and bullish FY2025 guidance driving the shares back over tangible book value. Management expects S...

Santander says UK business is not for sale

Banco Santander's UK business remains a core part of the Spanish lender's globally diversified business model and the division is not for sale, a company spokesperson said on Thursday.

Banco Santander, S.A. (SAN) Q4 2024 Earnings Call Transcript

Banco Santander, S.A. (NYSE:SAN ) Q4 2024 Earnings Conference Call February 5, 2025 4:00 AM ET Company Participants Raul Sinha - Global Head, IR Ana Botín - Executive Chair Hector Grisi - CEO José ...

Santander surges as record profit paves was way €10bn buyback

Banco Santander shares spiked over 6% on Wednesday after the lender unveiled plans for €10 billion (£8.3 billion) worth of buybacks on record full-year profit. Profit jumped 14% to €12,574 million ...

Santander Bank Polska's Q4 net profit slips but beats expectations

The Polish unit of Santander Bank posted a 7% fall in its preliminary fourth-quarter net profit on Wednesday, hit by rising costs related to FX mortgage loans, but still beat analysts' expectations.

Santander's Q4 net profit up 11% compared to same period in 2023

Spain's Santander said on Wednesday its net profit in the fourth quarter rose 11% compared to the same period in 2023 thanks to a solid performance at its retail business in Europe, mainly in Spain...

Santander's US Digital Bank Platform Marks $2 Billion in Deposits

Santander's American digital banking platform has surpassed $2 billion in deposits four months after launch. “This achievement represents a significant milestone in the Santander US business strate...

Santander Picks New US CEO Amid Company-Wide Reorganization

Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank's lead in the U.S., Executive Chair Ana Botin announced Fr...

Santander names Riley as CEO of Santander US, part of wider reshuffle

Christiana Riley will succeed Tim Wennes as CEO of Santander in the United States, the bank's executive chair, Ana Botin, said on Friday, as Santander undertakes a wider global restructuring.

Banco Santander Brasil: Slow And Steady Growth As Q4 Approaches

Banco Santander Brasil has shown a steady improvement in profitability, despite Brazil's challenging macroeconomic conditions. The bank's stock trades at 1x book value, offering potential upside gi...


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