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 Credits Technology Platforms for Achievement of Record Results
Banco Santander credited its technology platforms with helping it achieve record results in 2024.
Santander Botin: Many banking players don't have options to grow organically
Ana Botín, executive chair at Santander Group, discusses the firm's better-than-expected fourth-quarter earnings and says the Spanish bank does not need to buy or sell to allocate capital unlike their peers.
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 García Cantera - CFO Conference Call Participants Ignacio Ulargui - BNP Paribas Marta Sanchez - Citi Francisco Riquel - Alantra Chris Hallam - Goldman Sachs Alvaro Serrano - Morgan Stanley Andrea Filtri - Mediobanca Cecilia Romero - Barclays Carlos Peixoto - CaixaBank Sofie Peterzens - JPMorgan Antonio Reale - Bank of America Britta Schmidt - Autonomous Ignacio Cerezo - UBS Raul Sinha [Call Starts Abruptly] everyone, and thank you for joining Santander's 2024 Results Presentation.
Santander Brasil's net profit surges 75% in Q4
Santander Brasil a subsidiary of Spain's Banco Santander , reported on Wednesday a 75% jump in its fourth-quarter net profit, surpassing market expectations on the back of better spreads and increased fees.
Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
Banco Santander reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The lender noted a pick-up in customer activity, robust margin management and growth across operations — particularly in the core retail business.
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 in 2024 on a 10% increase in revenue to €62.2 billion, Santander reported.
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, and in Brazil.
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 strategy to efficiently boost national deposit acquisition that will fuel its leading auto lending franchise and transform its retail bank,” the Spanish lender said in a Monday (Feb. 3) news release.
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 Friday (Jan. 31), per a report by Reuters.
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.
