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02-02-2023. Press Release. 1.0 MB. Banco Santander achieved a record attributable profit of €9,605 million in 2022, up 18% in current euros versus 2021, supported by strong growth in customer activity, robust asset quality, and good cost control. Tax on profit in the period was €4,486 million, resulting in an effective tax rate of 29%.
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest European lender to get a boost from higher interest rates. The bank posted an annual net profit of 9.6 billion euros ($10.6 billion), up 18 percent from 2021 and higher than forecast by analysts polled by financial data firm FactSet.
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest European lender to get a boost from higher interest rates. The bank posted an annual net profit of 9.6 billion euros ($10.6 billion), up 18 percent from 2021 and higher than forecast by analysts polled by financial data firm FactSet.
Santander Bank News
Santander Bank Posts Record Profit As Rates Rise
Barron's2 hours agoSpanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest European lender to get a boost from higher interest rates.
Santander Bank Polska plans to share profit with shareholders - CEO
Reuters3 hours agoThe chief executive of Poland's Santander Bank Polska said on Thursday the lender plans to share...
Santander said its cost-to-income ratio -- an efficiency indicator which is the ratio of total costs to total income of the bank -- was 45.8 percent in 2022, inching up from 45.4 percent in the ...
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest European lender to get a boost from higher interest rates. The bank posted an annual net profit of 9.6 billion euros ($10.6 billion), up 18 percent from 2021 and higher than forecast by analysts polled by financial data firm FactSet.
Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest European lender to get a boost from higher interest rates. The bank posted an annual net profit of 9.6 billion euros ($10.6 billion), up 18 percent from 2021 and higher than forecast by analysts polled by financial data firm FactSet.
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- About Novo
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- Exclusive Partner Perks
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- Why People Choose Novo