{
Jose Cantera

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banco santander reports record profits and outlines growth strategies for 2025

Banco Santander SA reported a record profit of EUR 3.4 billion for Q1 2025, a 19% increase from the previous year, driven by a 5% revenue growth and improved efficiency. Despite challenges from currency depreciation and Argentina's economic situation, the bank maintains a positive outlook for net interest income and plans to distribute up to EUR 10 billion to shareholders through buybacks. CEO Hector Grisi Checa emphasized the bank's competitive position in Mexico and ongoing discussions regarding a potential sale of a stake in Santander's Polska.
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Argentine Peso Brazilian Real Euro United States Dollar British Pound Sterling Banco Santander SA ESP Hector Grisi Checa Jose Cantera
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08:24 01.05.2025
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