Banco Santander, S.A. is a bank holding company. Santander operates principally in Spain, the United Kingdom, Portugal, other European countries, Latin America and the United States, offering a range of financial products. Santander is organized in three principal segments: Continental Europe, United Kingdom and Latin America. Continental Europe covers all retail banking business, wholesale banking and asset management and insurance conducted in Europe, with the exception of the United Kingdom. It also includes the units, such as the Santander Branch Network, Banco Espanol de Credito, S.A., Santander Consumer Finance and Portugal. United Kingdom includes retail and wholesale banking, asset management and insurance conducted by the various units and branches of the Bank in the United Kingdom. Latin America segment includes activities conducted via its subsidiary banks and other subsidiaries in Latin America.



Owner of On-line bank Cahoot, Abbey National, Alliance & Leicester, Bradford & Bingley.
Shares in issue (Aug '09) 1,853.22m
Market cap (Aug '09) €15,984m
Also listed XETRA:BSD2
4 Dividends paid Aug, Nov, Feb, May.
http://www.santander.com/

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Katherine Griffiths, Banking Editor
30.07.09 "Santander, owner of Abbey, Alliance & Leicester (A&L) and part of Bradford & Bingley (B&B), has bucked the trend in the banking industry with a 30 per cent leap in UK profits for the first half.

In results described by analysts as exceptional, Santander said that it had increased revenues by a fifth, while keeping costs down. Pre-tax profits rose to 790 million.

The Spanish bank boosted lending to small businesses in the UK by 13 per cent year-on-year and nudged up its share of the mortgage market to 16 per cent, writing one in seven mortgages in the six months to June 30.

Evidence that the banks UK division stepped up lending to credit-starved businesses and individuals will please the Government, which hauled Antio Horta-Osio, its UK chief executive, to a meeting on Monday, along with other banking bosses, to discuss whether enough is being done to support customers in the recession. "

Analyst Detail Buy Outperform Hold Underperform Sell No Opinion
Latest (aug) 13 6 11 3 2 0

Business Financial Newswire
"Banking giant Banco Santander has issued an invitation to holders of securities with a nominal value of 16.5bn to tender them for cash.

The fixed rate securities are listed on the AIAF Fixed Rate Market (securitisation bonds) which correspond to 27 different series issued by specific securitisation funds managed by Santander de Titulizaci. "

"Banco Santander, S.A. informs of the envisaged schedule for the execution of the free-of-charge capital increase approved on June 19, 2009 by Santander's Ordinary Shareholders' Meeting under section eight of its agenda, which Capital Increase serves as an instrument for the flexible remuneration scheme named 'Santander Dividendo Elecci', a scheme that, subject to the Bank's Executive Commitee prior resolution, shall offer shareholders the option to receive cash and/or new shares on the payment date for the second interim dividend, as described in the report by the Board of Directors of the Bank that explained the Capital Increase proposal:

14 October. Determination of the number of rights needed to receive one share and of the final price of the right-purchase commitment

15 October (23:59 hours). Record date for the granting of rights

16 October. Commencement of the rights trading period

27 October. Last date to request remuneration in cash (sale of rights to Grupo Santander)

30 October. End of the trading period of the rights. Acquisition of rights by Grupo Santander from those shareholders who have requested cash

4 November. Commencement of the ordinary trading of the new shares / payment of cash to shareholders who have so requested"

Business Financial Newswire
"Banco Santander has sold a 10% stake in Attijariwafa Bank to the Moroccan SociNationale d'Investissement for Dirhams4,149.4m (367m)

The operation generates for Grupo Santander a capital gain of 223m, approximately, which will not be reflected in the profit of 2009.

Following the sale, Grupo Santander holds 4.55% of Attijariwafa Bank. "

4th Feb '10 "Banco Santander, S.A. hereby announces the payment of a fourth dividend for the 2009 financial year of a gross amount of 0.221826 per share, to be paid in cash from 1st May next. With the payment of this dividend (which if the proposal to be submitted to shareholders at the General Meeting is approved, will be the last), the payment per share corresponding to 2009 will be 0.60, the total amount to be paid to shareholders being 4,918.6 million, which is 2.2% more than the 4,812.3 million paid as dividends on the 2008 earnings. On Monday 3rd May the Bank's share will already trade ex-dividend."

Broker comment on figures out this morning:
"SUMMARY: All in all, no surprises with the bank concentrating the extra provisioning effort in credits (through higher generics) and property (now covered 30% plus MVC at 25 per share). The good numbers don't look like they were enough to dispel the macro concerns in Spain in the short-term. Don't think consensus will be changing much in their numbers and once the overall macro situation in Spain is clear SANTANDER will be one of the first stocks many will look to buy. I mean come on...they've got Lewis Hamilton building Lego bridges for them...they can do anything...they are SANTANDER"

Business Financial Newswire
"Banco Santander has launched a cash tender offer for the outstanding series 2 $1,500m guaranteed perpetual step-up subordinated notes issued by Santander Perpetual.

The notes are listed on the London Stock Exchange.

Santander holds approximately $350m of the total $1,500m principal amount of the totes outstanding.

The tender offer - which was launched yesterday (17 February) - will expire at 5:00 p.m., New York City time on 25 February unless extended.

Santander will pay holders $1,005 per $1,000 principal amount of notes, plus accrued and unpaid interest to, but not including, the settlement date. "

StockMarketWire.com
"Banco Santander is to acquire Bank of America's 24.9% stake in Grupo Financiero Santander (Banco Santander Mexico) for $2,500m.

This will increase Santander's holding in Banco Santander Mexico to 99.9%.

It is estimated that the transaction will have a positive impact of 1.3% on Santander's earnings per share from year one and a ROI of 15% from year three, based on market consensus estimates of Banco Santander Mexico's earnings.

The estimated impact of the transaction on Santander's core capital is -31 basis points. The transaction is subject to regulatory authorisation and is expected to be completed in the third quarter of 2010. "

Just sold half of my holding in these - a good weeks work :-)

StockMarketWire.com
"Banco Santander announced that it will pay a dividend on 1 August, 2010 of EUR 0.135234 per share on account of 2010 earnings "

MATERIAL FACT


Banco Santander announces that its affiliate Santander UK has submitted an offer
in the tender process of approximately 300 branches of Royal Bank Of Scotland
that is taking place in the United Kingdom. Currently, it is not possible to say
when the tender process will conclude.

These have now recovered almost 30% in a couple of weeks.

skinny where are they getting the funds from to buy RBS assets, surely they have huge bad debts in Spain after the property market collapse. We hope this doesn't end up as a larger Icelandic bank disaster, the new Bank of England bank regulator should be keeping a close eye on this one.

The Germans :-)

skinny well if the Germans are the source of their funding at least we won't have to pick up the tab if they go down the tube.

Very big in Central & South America which hasn't been badly affected by the recession.

Harry they certainly need some support outside Spain which threatens to be the centre of the next bank disaster in europe.

halifax - joking apart, have a look at these links.

http://www.santandershareholder.co.uk/company-information/

http://www.marketwatch.com/story/santander-may-be-top-bank-in-eu-stress-tests-2010-06-18?reflink=MW_news_stmp

skinny are you suggesting Santander is too big to fail? Sorry we don't buy it they have expanded into the UK on the back of weak financial regulation and the BOE had better take care they don't end up with a massive problem now they are responsible for bank regulation.

halifax - I'm not suggesting anything - just pointing you to information! I took an interest in these when I opened an ISA with them in April and bought in early June. As posted above, I sold half last week and will probably sell the rest today.

Acquisition



TIDMBNC TIDMCGP

RNS Number : 2157O
Banco Santander S.A.
24 June 2010

MATERIAL FACT ANNOUNCEMENT



Grupo Santander ("Santander") announces that it has reached an agreement with
Citigroup Inc. ("Citi") to purchase $3.2 billion of CitiFinancial Auto's auto
loan portfolio. In addition, Santander and Citi have entered into an agreement
under which Santander will service a portfolio of $7.2 billion of auto loans
that will be retained by Citi.

Santander will purchase the $3.2 billion portion of the portfolio at a price
equal to 99% of the value of the gross receivables.

The transaction is expected to close by the end of the third quarter of 2010,
and is subject to regulatory approvals and usual closing conditions.

MATERIAL FACT


Banco Santander hereby announces that it has reached agreement with
Skandinaviska Enskilda Banken (SEB Group) for the acquisition by its affiliate
Santander Consumer Bank AG of SEB's commercial banking business in Germany for
an amount of approximately 555 million euros. The acquisition will have an
impact of about 10 basis points on Santander's core capital ratio, which stood
at 8.8% at March 31, 2010.

Following the acquisition of SEB's commercial banking business in Germany, which
includes 173 branches and serves one million customers, the number of branches
of Santander Consumer Bank's network in Germany will be almost doubled.

It is anticipated that the transaction will be concluded in 2011, once the
appropriate regulatory approvals have been obtained.

Santander eyes 3bn UK autumn listing
"Santander is gearing up to list its UK operations...raising capital.People close to Santander said that if market conditions were...group would like to float 20 per cent of Santander UK."

1st Half results presentation



TIDMBNC

RNS Number : 0717Q
Banco Santander S.A.
28 July 2010


MATERIAL FACT


Banco Santander hereby advises that the presentation of the Grupo Santander 2010
2nd Quarter Results will take place tomorrow, Thursday 29th July 2010. For this
purpose, a webcast presentation to analysts will be held at 10:00 hours (Madrid
time), followed by a meeting with journalists at 12:00 hours.

Both events will take place at the Grupo Santander City in Boadilla del Monte
(Madrid). The presentation to analysts can be followed by anyone interested via
the Internet on the corporate website www.santander.com. Likewise, this
presentation to analysts will be made public prior to its commencement via its
notification to the CNMV and publication on the aforementioned corporate
website.

1st Half results press release

The Group raised EUR 88,300 million in deposits during the half,

including EUR 30,000 million from Spain

The Group deepens its geographical diversification, with Continental Europe accounting for 43% of profit (Spain 22%), Latin America 37% (Brazil 22%), the U.K. 17% and Sovereign (in the U.S.) 3%.

Net operating income, the difference between income and costs, rose 7% to EUR 12,000 million in the first six months. Loans grew by 5% and customer funds by 12%.

Continental Europe: Attributable profit fell 6% to EUR 2,553 million. Lending fell by 0.2 percentage point and deposits grew by 34%.

Latin America: Attributable profit rose 20% to EUR 2,160 million. Lending rose by 20% and deposits by 19%, in euros.

Profit in Brazil rose 35% to a record EUR 1,294 million, with 28% growth in loans and 26% in deposits.

U.K.: Attributable profit rose 11% to 875 million and by 14% in euros to EUR 1,006 million. Loans rose by 6% and deposits by 14% in euros.

Sovereign generated profit of $227 million (EUR 172 million) after its third consecutive quarter of positive results.

Provisions for bad loans increased by 6% to EUR 4,919 million, though were down by 4% on a like-for-like basis (excluding the exchange rate effect and using the same perimeter).

Non-performing loans ended the period at 3.37%, up three basis points from the previous quarter, the lowest increase since the international financial crisis began in the summer of 2007. NPLs in Spain were 3.71%, well below the 5.47% average for the sector. The coverage ratio remained at 73%.

The efficiency ratio was 42.2%. The U.K. and Brazil were below 40% and Sovereign improved to 44% from 66% a year earlier.

The capital ratios underline Banco Santander's solvency, with a Tier 1 ratio of 10.1% and core capital of 8.6%, compared with 9.4% and 7.5%, respectively, a year earlier.

BNC looking @6 again - still a good yielder for those with the stomach.

Due to ineptitude, I didn't trade these on Monday!

Banco Santander hereby informs that it has today published its Annual Report, together with the Reports by the Audit and Compliance Committee and the Appointments and Remuneration Committee, all corresponding to the 2010 financial year, and has sent its 2010 Annual Financial Report to the National Securities Market Commission (CNMV). These documents are available on the corporate website (www.santander.com).

Banco Santander, S.A. hereby advises that as of 1st August next it will pay a dividend on account of the earnings for the 2011 financial year for a gross amount per share of 0.135234 euros. This amount is the same as the one paid in August 2010 as a first interim dividend on account of the earnings for 2010. On Monday 1st August 2011, the Bank's share will already trade ex-dividend.

Sarah Young, 17:13, Sunday 19 June 2011

LONDON (Reuters) - Spanish bank Santander (Madrid: SAN.MC - news) said on Sunday it is not currently in talks with Qatar after a report that the Gulf state was in conversations about buying a stake in the British arm of the bank.

The report in the Sunday Times said the bank was in talks with Qatar Holdings, part of the state's sovereign wealth fund, and with other such funds, about acquiring a stake prior to, or at the time of, a planned flotation of the unit.

"There are currently no conversations under way with Qatar about this matter," a Santander official in Madrid said in response to the report.

Qatar Holdings and Santander UK were unavailable for comment.

The Spanish lender said last year it planned to list its UK unit, which according to the report is the fifth-largest bank in Britain.

Qatar Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani, who is also head of the sovereign wealth fund, said in February that Qatar was open to buying stakes in UK lenders, having reaped a significant profit from investing in Barclays (LSE: BARC.L - news) .

In 2010, Qatar bought a 5 percent stake in Santander's Brazilian arm, Banco Santander Brasil (NYSE: BSBR - news) , in a deal worth $2.7 billion (1.6 billion pounds).

(Reporting by Sarah Young and Paul Day; Editing by David Hulmes)

15 July 2011

MATERIAL FACT

Banco Santander announces that the results of stress test conducted by the European Banking Authority (EBA), in cooperation with the Bank of Spain, the European Central Bank (ECB), the European Commission (EC) and the European Systemic Risk Board (ESRB) show that Banco Santander would end 2012 with a Core Tier 1 ratio of 8.4%, well above the 5% minimum set out by the EBA for the purpose of the stress tests. The Core Tier 1 ratio would stand at 8.9% including generic provisions.

The stress test has been carried out using a static balance sheet assumption as at 31 December, 2010 and a constant business model in terms of geographies and products. Acquisitions and divestments are not considered, so it does not reflect a forecast of the Group's results for the next two years.

StockMarketWire.com
Banco Santander's net attributable profits fell by 21% to 3,501m in the first six months of the year.

This is after taking a one-off charge of 620m to cover potential claims that could arise from the mis-selling of payment protection insurance in the UK.

Excluding this provision, profit in the first half would have been 4,121m - down 7% from the first half of 2010.

Chairman Emilio Bot said: "Our strong capacity to generate revenues will enable us to close 2011 with a recurrent profit in line with last year's and to keep our dividend at 0.60 per share."

6 long gone - I have this as yielding 9.93% !

the pain in spain lies mainly.......

Santander UK chief Ana Botin issues severe profits warning as economy stalls

Jamie Dunkley, 20:02, Thursday 29 September 2011

Ana Bot, the chief executive of Santander (Madrid: SAN.MC - news) 's UK business, issued a severe profits warning as the lender faces rising costs and difficult market conditions.

After an investor presentation in London, analysts believe the bank is likely to lose out on 750m of profits over the next three years. The three-year shortfall compares with a 2010 profit at the UK arm of 1.5bn.

Ms Bot, who has led the business since last December, said returns were likely to fall in 2012 and 2013 as she committed to invest almost 500m to improve the bank's customer service levels.

She (SNP: ^SHEY - news) warned that Santander UK, which has delayed plans to list its shares on the London Stock Exchange (LSE: LSE.L - news) , would be forced to contend with "a combination of strong headwinds", citing low GDP growth and regulatory costs as key concerns.

Speaking at the investor day, she added: "We believe the cumulative effect of a liquidity buffer, FSCS [Financial Services Compensation Scheme] and the bank levy, plus the costs of structural reforms, will increase ten-fold from where we were in 2008 to what we expect to see in 2013, impacting our profit before tax.

"That's a challenging backdrop for our business but Santander UK has an enormous opportunity in the UK and we have accomplished a lot so far."

Santander UK hopes to open 3m new current accounts over the next three years and increase the number of credit card customers by about 1.5m.

Ms Bot claimed the company hoped to be the "bank of choice for small and medium-sized businesses".

On Wednesday, Santander UK said it had poached a new head of strategy and regulation from rival Barclays (LSE: BARC.L - news) . Stephen Jones was head of investor relations at Barclays and previously a senior debt and equity capital markets banker.

Investor day - Press release.

INVESTOR DAY

Alfredo Snz: "Profit will return to normal in three years"


. "Emerging markets (Latin America and Poland) are expected to provide double-digit growth in net profit in the short and medium term."

. "Mature markets where provisions have stabilized or are falling (the U.K., the U.S. and Santander Consumer Finance) will register single-digit increases in net profit over the next three years."

. We expect that in 2013 and 2014 Spain and Portugal "will generate EUR 2.0 billion in excess free capital a year."

. "The crisis has validated our business model of diversification with financially autonomous subsidiaries and strong operational integration within the Group."

StockMarketWire.com
Banco Santander's net attributable profit fell to 5,303m in the first nine months - 13% down on last year.

Results were hit by the 620m fund created in the second quarter to cover potential claims that could arise from the sale of payment protection insurance in the UK.

Excluding this provision, profits would be down 3% from the first three quarters of 2010.

Group revenues increased 6% in the first nine months of the year.

For the second time, these were above 11,000m in a single quarter, with an increase of 2% in basic revenues of Santander's branch network in Spain.

Banco Santander chairman Emilio Bot said: "Our strong capacity to generate profit and the soundness of our balance sheet will enable us to exceed new capital requirements without the need to issue capital while maintaining our remuneration at 0.60 per share in 2011."

This year the group has carried out two transactions which will generate capital gains of approximately 1.5bn.

"These will be incorporated in the fourth quarter and will be fully used to strengthen the balance sheet.

"These capital gains come from the alliance with Zurich Financial for the insurance business in Latin America, with a capital gain of EUR 750 million, and the entrance of new shareholders in Santander Consumer USA's capital.

"They will provide $1,150b of capital in a transaction that generates another capital gain of 750m for the group."

EBA says Santander has the biggest bad debt exposure amongst european banks and a capital deficit of e15billion will this explain why they took over A&L B&B and Abbey? It might also help to understand why the spanish head of LLOY is now on sick leave!

RNS Number : 8356U
Banco Santander S.A.
30 December 2011

MATERIAL FACT ANNOUNCEMENT

Further to the material fact announcement of 28 December 2011 (registration number 155822) and in relation to the offer to repurchase preference shares (Participaciones Preferentes Serie X) and to subscribe the capital increase addressed to acceptors of the same (the "Repurchase Offer" and the "Capital Increase", respectively), Banco Santander gives notice that it has, as at today's date, acquired the 77,743,969 preference shares that have accepted the Repurchase Offer. Furthermore, the holders of those preference shares have fully paid up the 341,802,171 shares subscribed by them. Santander Finance Capital, S.A.U., issuer of the preference shares, has agreed to redeem the preference shares acquired.

Also as at today's date, the relevant deed of capital increase has been granted and registered with the Commercial Registry of Cantabria.

As indicated in the securities note of the Capital Increase, it is envisaged that the new shares will be admitted to trading on the four Spanish Stock Exchanges and on the continuous market (Sistema de Interconexión Bursatil) on 3 January 2012, such that their ordinary trading in Spain shall commence on 4 January 2012. Banco Santander will also apply for the admission to listing of the new shares on the remaining foreign Stock Exchanges where it is currently listed.

The new shareholders will, as of today's date, be entitled to all of the rights pertaining to the shares of Banco Santander and, in particular, will have the right to participate in the programme "Santander Dividendo Elección" which shall apply on the usual payment dates of the third interim dividend, the timetable for which was announced via material fact announcement on 22 November 2011 (registration number 153,588).


Boadilla del Monte (Madrid), 30 December 2011

Madrid, Jan. 9, 2012. During the last few months of 2011 Banco Santander has carried out a series of measures regarding capital, allowing it to achieve a core capital ratio of 9% ahead of the European Banking Authority's (EBA) deadline of June 30th, 2012.

At the start of December, the EBA disclosed its capital requirements for the main European banks. According to the EBA, Banco Santander's additional capital needs amounted to EUR 15,302 million. This amount has been obtained as follows:

- EUR 6,829 million through Valores Santander.

- EUR 1,943 million through the exchange of preferred shares for ordinary new shares.

- EUR 1,660 million through the application of the Santander Dividendo Elección program (scrip dividend) at the time of the final dividend corresponding to fiscal year 2011.

- EUR 4,890 million through organic capital generation and the transfer of certain stakes, mainly in Chile and Brazil.

Regarding the latter, Santander reached in December 2011 an agreement (implemented during the first week of 2012) to transfer 4.41% of Santander Brazil to a major international financial institution who will deliver such shares to holders of convertible bonds issued in October, 2010, by Banco Santander, when these mature, pursuant to the terms of said convertible bonds.

Santander has begun 2012 as one of the world's most solid and well-capitalised banks, and reiterates its goal of increasing its core capital ratio to 10% in June, 2012, one point above the level required by the EBA, while maintaining total shareholder remuneration corresponding to fiscal year 2011 of euro 0.60 per share for a third consecutive year.

It looks like £4.50 is the new £6!

StockMarketWire.com
Banco Santander's attributable net profit fell by 35% to €5,351m after extraordinary provisions of €3,183m in 2011.

The bank said profits would have been €7,021m, a decline of 14%, if it had not made pre-tax provisions in the fourth quarter against property exposure in Spain of €1,812m and a pre-tax amortisation of €600m from goodwill related to its businesses in Portugal.

The bank also applied net capital gains of €1,513m realised in 2011 to other extraordinary provisions.

Provisions against property exposure in Spain increased coverage of on-balance properties from 31% to 50%.

Chairman Emilio Botín said: "Banco Santander has shown it is able to generate results and, at the same time, meet the capital requirements set out by the EBA, significantly increase provisions for property exposure and maintain shareholder remuneration at €0.60 per share for the third consecutive year."

They must be pretty high up on the Bank of England's "watch and worry" list.

Chart says it all, bad debt situation in Spain weighing heavily depositors in A&L,Abbey and B&B should be made aware of these problems.

Problem is they could fall another 50%..

5 year chart below shows bounce off the low of 2009 .... can't say i would be inspired to buy, but that applies to almost any european bank as they probably all have heavy exposure to greece and/or spain and/or portugal and/or italy

cynic - you must have read my mind, I was just looking at same.

The 12 month low (and since 2009?) was/is 366 (last Wednesday 2nd).

RNS Number : 6609D

Banco Santander S.A.

18 May 2012

MATERIAL FACT

Banco Santander, S.A. (the "Bank") announces that on May 17, 2012, Moody's Investors Service published its revised ratings for the Bank, as detailed below:

-- Long term senior debt and deposits A3 from Aa3
-- Dated subordinated debt Baa1 from A2
Both ratings have a negative outlook.

-- Short term debt P-2 from P-1
Boadilla del Monte (Madrid), May 18, 2012

This information is provided by RNS

Spain's property is so cheap now.

Review by Fitch of ratings
RNS Number : 1632F
Banco Santander S.A.
12 June 2012


MATERIAL FACT


Banco Santander, S.A. (the "Bank") hereby announces that following the recent downgrade of the Spanish sovereign debt rating by Fitch Ratings, the agency published on June 11, 2012 their revised ratings for the Bank, as detailed below:


§ Long-term debt & deposits BBB+ from A (negative outlook)
§ Subordinated debt BBB from A-
§ Preferred Shares BB- from BB+

§ Short-term debt & deposits F2 from F1



Boadilla del Monte (Madrid), June11,2012

3rd Quarter 2012 results press release

Time to be buying

nice divi in shares paid

any news about financial problems?

Banco Santander announces that it has reached agreement to acquire the listed Canadian company Carfinco Financial Group Inc. ("Carfinco") for an amount of 298 million Canadian dollars (approximately €210 million). Santander will pay 11.25 Canadian dollars per share, which represents a premium of 32% on the share price during the last 90 trading sessions. The board of directors of Carfinco has approved the transaction and will recommend to its shareholders that they vote in favour of the same at the general meeting to be called for such purpose.

The impact of the transaction on the Group's shareholders' equity is not significant.

Carfinco is a company specializing in automobile financing. This transaction gives continuity to the growth strategy in the consumer finance business.

It is expected that the transaction, which is subject to regulatory authorization, will be concluded in the second half of 2014.

StockMarketWire.com
Banco Santander passed the European Banking Authority's comprehensive assessment.

The bank says that with respect to the stress test applied to all countries where the group operates and which covers a three-year period (2014-2016) with two scenarios (base and adverse), the results were as follows:

· As of 31 December 2016, Grupo Santander increases its capital ratio (CET1) by 1.6 percentage points in the base scenario, to 12%.

· In the adverse scenario, the CET1 ratio drops 1.4 percentage points, to 9%. Such ratio is 3.5 percentage points above the required minimum, meaning that in this scenario, Grupo Santander would exceed the required capital amount by close to €20,000m.

StockMarketWire.com
Banco Santander's voluntary offer to acquire the 25% minority interests in Banco Santander Brasil has fallen short of its target.

Securities representing 13.65% of Santander Brasil's share capital have been tendered in the offer increasing Grupo Santander's shareholding to 88.30%.

Holders of securities of Santander Brasil who have not tendered in the offer have the right to sell them to Banco Santander during a three-month subsequent offering period at the same exchange ratio.

Ex-divi 14th Jan 2105 (€0.15)

StockMarketWire.com
Banco Santander sees attributable FY net profit of about 5.8bn euros, up a jot more than 30% on the year. Excluding the impact of exchange rate variations, this represents an increase of slightly above 40%.

It estimates that:
- income increased approximately 6% compared to 2013, led by the income coming from net interest income and commissions received, which are estimated to have increased 8% and 6%, respectively.

- expenses grew approximately 3%, which is below the average inflation rate of the group's main markets, reflecting the synergies derived from the executed integrations and from the implementation of productivity and efficiency plans, which synergies have been greater than initially forecasted.

- loan-loss provisions decreased approximately 10%, highlighting the cases of Brazil, Spain, United Kingdom and Portugal. As a consequence, the cost of credit for 2014 would be below 1.5%, compared to the 1.7% cost of credit for 2013

Regarding the balance sheet, the following trends have been observed as of 31: - A positive evolution of the credits, which grew in the fourth quarter in constant euros as compared to the balances as of 30 September in the majority of the group's markets (with an increase of approximately 3% in Latin America) while deposits remained stable

- The group's non-performing loan ratio is estimated to be 5.2% and the coverage ratio in respect of these non-performing loans is estimated to be 68%. Both ratios are expected to improve for the fourth consecutive quarter due to the positive trend in non-performing loan entries which have decreased by almost half when compared with those accumulated as of December 2013.

- It is estimated that the common equity tier 1 figure (CET1) and the total regulatory capital as of December 31, 2014 were approximately 11% and 12%, respectively. The estimated CET1 'fully loaded' ratio at such date is 8.3%.

Additionally, Banco Santander announced its intention to reorient its shareholder remuneration policy, by way of progressively increasing the proportion of cash retributions, with the subsequent reduction of the remuneration consisting in the delivery of bonus shares and by setting its cash pay-out target at a figure of, approximately, between 30% and 40% of its recurrent profit in the coming years.

The intention of the board of directors is to remunerate Banco Santander's shareholders with a charge to the 2015 profits through three cash dividends and a single application of the 'Santander Dividendo Elección' programme (scrip dividend scheme), in each case for a total amount of five euro cents per share.

Banco Santander also announced that, following on from the closing of the bookbuilding process carried out by Goldman Sachs International and UBS Limited, acting as Joint Bookrunners, and Banco Santander, acting as co-bookrunner, it has set the final terms and conditions of the capital increase:

a) The Capital Increase will be of a total par value of €606,796,117, through the issue of 1,213,592,234 ordinary shares of Banco Santander, each with a par value of fifty euro cents (€0.50), of the same class and series as the shares currently outstanding (the "New Shares").

b) The issue price (par value and share premium) of the new shares has been set in the amount of €6.18 per share.

c) Therefore, the total gross proceeds (comprising the par value and the share premium of all the New Shares) of the capital increase will amount to €7,500,000,006.12, with €606,796,117 corresponding to the par value and €6,893,203,889.12 to the share premium. The new shares will represent 9.64% of Banco Santander's share capital before the capital increase and 8.80% of its share capital l following the capital increase.

StockMarketWire.com
Banco Santander posts a profit of €1.717bn for the first quarter - 32% up on a year ago.

Lending reached €813,260m - 14% more than the corresponding period last year. Deposits and mutual funds also grew 14%. Customer funds increased in the ten key markets as did lending in all countries, except Portugal.

Revenues grew two points more than costs, 13% compared to 11%, allowing a 0.9 point improvement in the efficiency ratio which, at 47.0%, is one of the best in the sector.

The growth in profit brought an improvement in ROTE of 1.1 points, to 11.5%, and a 6% increase in earnings per share.

Profit grew in nine of the ten markets. Europe contributed 52% of group profit (United Kingdom 20% and Spain 15%), Latin America 38% (Brazil 21% and Mexico 7%) and US, 10%.

⬢ Spain: Attributable profit reached €357million (+42%). Net interest income grew almost 2% and costs fell 5%. Lending increased 1% and customer funds 7% over March of last year.

⬢ UK: Attributable profit totalled €477 million (£355 million, +14%). Net interest income grew 8% and costs 5%. Credit increased 5%, and customer funds, 3%.

⬢ Brazil: Attributable profit amounted to 516 million (BRL 1,657 million, +41%). Basic revenues and costs remained practically flat. Loans were up 17% and customer funds 12%.

Chairman Ana Botín said: "Santander's strong increase in lending reflects our commitment to helping our customers grow. When we raised capital in January, we said our goal was to target organic growth in our core markets forecasted to achieve strong economic recovery."

StockMarketWire.com
Santander reports an ordinary profit of €43.426bn for the first half, a 24% increase on last time.

Lending reached €826,707 million, 13% more than the same period last year. Deposits and mutual funds grew 12% year-on-year and now total EUR 823,482 million. In the first half, lending rose EUR 65,000 million and customer funds €51,000 million.

Revenues grew 12% and costs 11%, which allowed net operating income to grow 13%, to EUR 12,256 million. The efficiency ratio improved 0.4 point, to 46.9%, one of the best in the sector.

The fully loaded CET1 capital ratio improved 0.16 point in the quarter to 9.83%. Return also improved, 0.6 point, meaning ROTE of 11.5%.

Profit grew in the group's core markets. Europe contributed 54% (United Kingdom 21% and Spain 16%), Latin America 37% (Brazil 20% and Mexico 7%), and US, 9%.

⬢ Spain: Attributable profit reached EUR 771 million (+50%). The reduction of costs by 4% and loan loss provisions by 37% are the key. Lending was stable and customer funds grew 6% year-on-year.

⬢ United Kingdom: Attributable profit was EUR 1,029 million, 33% more (GBP 753 million, +18%). Revenues grew 5% and loan loss provisions fell 60%. Loans were up 5% and customer funds 4%.

⬢ Brazil: Attributable profit reached EUR 1,007 million, 33% more (BRL 3,326 million, +39%). Revenues grew 9%, twice the growth of costs. Lending increased 16% and customer funds, 13%.

Chairman Ana Botín said: "The first half results show the soundness and consistency of Banco Santander's business model. Profit grew in our ten core markets. Return, operational excellence and credit quality also improved. We will pay the first dividend against fiscal year 2015 in August and it will be entirely in cash."

StockMarketWire.com
Banco Santander registered ordinary attributable profit of €5,106 million, a 17% increase over the same period last year.

The ten core markets in which the group operates registered profits, with the exception of Poland where profits decreased 7%. Banco Santander continues to advance in its purpose to help people and businesses prosper.

In the first nine months of the year, the group provided €125,101 million in financing, with growth of 8%. Of this amount, 51,621 went to business projects and 47,205 million to households.

The remaining €26,275 million went to consumer finance, both to businesses and individuals. Santander aims to become the best retail and commercial bank, for which it has embarked upon a process of commercial transformation, focusing on loyalty and satisfaction of its customers.

At the close of the third quarter, Banco Santander had 13.4 million loyal customers, an increase of 3% in one quarter, and allows it to advance in its goal of reaching 18.6 million at the close of 2018. At the same time, the number of digital customers stood at 15.7 million, 5% more in one quarter, and on track to reaching 30 million by the end of 2018.

The first nine months of 2015 showed notable growth in business and revenue, which were also supported by the favourable exchange rate impact, as the appreciation in the pound and dollar overcame the impact from the depreciation of the Brazilian real. These results were produced in an unequal context among the different economies in which the group operates.

Countries such as Spain, the United States and Poland will grow more than 3% this year; the United Kingdom, Mexico and Chile, more than 2.5%; Germany and Portugal, more than 1.5%, while Brazil and Argentina are experiencing a drop in economic activity. Official interest rates continue at historic lows in euros, dollars and pounds.

The improvement in profit is a result of the increase in basic revenues, given that net interest income grew more than 11% and income from commissions increased 6%, while gains from financial transactions, which are less recurrent, dropped 24%.

This mix led to 9% overall growth in revenues, the same variation than in costs, which means that net operating income also increased 9%, to EUR 18,229 million. The performance of income and costs means that the efficiency ratio holds at 47%, one of the best rates among international banks.

StockMarketWire.com
The Bank of Portugal has awarded most of the assets and liabilities of Banco Banif to Santander Totta for €150 million.

The transaction increases Banco Santander Totta's market share by 2.5 points, to 14.5% in loans and deposits, making it the second private bank in Portugal.

The transaction's impact on Banco Santander's capital is immaterial and a slightly positive impact on profit as of year one.

StockMarketWire.com
Banco Santander delivered on its targets in 2015 with attributable profit of 5966bn euros, a 3% increase compared to 2014.

Underlying profit, which does not include the effect of non-recurring results, grew an additional ten points, by 13%, and reached €6,566 million.

The group said that in a year marked by a complex international economic scenario, with record low interest rates in currencies key to the Group such as the euro, pound and dollar, Banco Santander maintained positive performance.

Lending increased 6% and customer funds rose 7% resulting in commercial revenues growing 8% and underlying profit, 13%. Growth in business and results allow the bank to distribute a dividend per share of euro0.20, of which euro0.16 is in cash, 79% more than 2014.

Dividend yield at current share prices is around 5%. Furthermore, the bank fulfils its commitment to increase tangible net asset value per share (TNAV), which increased by 3% since the close of 2014, to EUR 4.12.

These figures mean the bank is on track to achieve the targets announced by Santanders management team at the September 2015 Investor Day. Key goals were set to reach a core capital ratio above 11% and ordinary RoTE of 13% by the end of 2018. Today, core capital is above 10% and ordinary RoTE is 11%.

Improved performance in revenue and business was backed by progress achieved in the Groups commercial transformation supported by technological improvements and digitalisation. Thus, the number of loyal customers grew 10%, to 13.8 million, with notable increases in Mexico (+14%) and the UK (+11%).

Digital customers increased 17%, to 16.6 million, so that 31% of the Groups total customers can be considered digitally active.

Mobile users that use the bank's app an average of 13 times per month increased 50%, to 6.9 million. The volume of digital transactions rose 58%.

StockMarketWire.com
Banco Santander reports attributable profits of €4,606 million for the first nine months of 2016, down 22.5% on a year ago due to the impact of extraordinary items announced in Q2 of this year and Q2 of 2015.

Excluding extraordinary items and exchange rate movements, profits grew by 8% year on year to €4,975 million.

In the third quarter alone, the bank delivered attributable profits of €1,695 million, up 1% when compared to the corresponding period last year. Excluding the impact of currency depreciation against the euro, attributable profits in Q3 were 7% higher than the same period last year.

Group executive chairman Ana Boton said:"We have delivered strong performance during the first nine months of 2016, earning the loyalty of a further one million customers, while maintaining our position as one of the most profitable banks in our peer group.

"While the low interest rate environment within developed economies remains a challenge for parts of our business, the resilience of our business model has allowed us to continue to deliver, Banco Santander reports attributable profits of €4,606 million for the first nine months of 2016, down 22.5% on a year ago due to the impact of extraordinary items announced in Q2 of this year and Q2 of 2015.

Excluding extraordinary items and exchange rate movements, profits grew by 8% year on year to €4,975 million.

In the third quarter alone, the bank delivered attributable profits of €1,695 million, up 1% when compared to the corresponding period last year. Excluding the impact of currency depreciation against the euro, attributable profits in Q3 were 7% higher than the same period last year.

"There continues to be real potential for further sustainable and profitable growth and we are confident that our strategy of earning the lasting loyalty of customers, strong balance sheet, and best-in-class efficiency leave us well positioned to continue delivering for our customers, colleagues, shareholders and communities.

"We continue to grow capital ahead of our goals while also funding growth in lending and increasing dividends. Dividend yield stands at around 5%. We expect to end 2016 exceeding last years profit, enabling us to increase our dividend per share and earnings per share."

StockMarketWire.com
Banco Santander reports strong results for 2016 with underlying profit before tax of €11,288m - up 11.7% excluding currency movements.

Santander generated attributable profit of €6,204m during the year, an increase of 4% compared to 2015, with strong growth in fee income and improvements in credit quality, partially offset by the weakening of certain currencies against the euro and an increase in tax in both Poland and UK.

Excluding one off items and currency movements, underlying profit before tax increased by 12%.

Loyal customers increased by 1.4 million to 15.2 million, with lending and customer funds up by 2% and 5% respectively, excluding currency movements.

Tangible net asset value per share increased by 3.7% to €4.22 in the year, cash dividend per share increased by 8% to €0.17 and earning per share increased by 1% to €0.41.

Common Equity Tier 1 ratio increased by 50 basis points in the year to 10.55%.

And in the fourth quarter alone Santander generated €1,598m in attributable profit, compared to €25m in Q4 2015.

Group executive chairman Ana Boton said: "In 2016 Santander has achieved strong results, meeting all our strategic and business objectives.

"We have earned the loyalty of a further 1.4 million customers, serving 125 million people and businesses across Europe and the Americas and increasing lending by 2%.

"It is thanks to the talent and hard work of our teams that we have achieved these excellent results, while also executing our strategy in the right way - a way that is more simple, personal and fair.

"Our investment in technology, together with the advantages of working as a Group, make Santander one of the most efficient and profitable banks in the world, with a cost/income ratio of 48%, while also improving the customer experience, especially in mobile banking and digital services.

"Santander now ranks among the top three banks for customer satisfaction in eight of our nine major countries.

"The strength of our business model and the discipline in execution, has allowed us to accumulate more than €3 billion of capital in 2016, taking our CET1 ratio to 10.55%, exceeding our target.

"During the year we have also increased earnings per share, dividend per share and tangible net asset value per share.

"Going forward, we have many opportunities for profitable growth in Europe and the Americas, in an environment we anticipate will be volatile but generally better than 2016.

"The key to our success for 2017 and beyond will be an ever-stronger collaborative culture across the Group and a shared purpose to help people and businesses prosper."

StockMarketWire.com
Banco Santander has acquired 100% of the share capital of Banco Popular Espanol following a competitive sale process.

Banco Santander said the sale was organised under a framework established for the recovery and resolution of credit institutions and investment firms. As part of the execution of the resolution scheme:

(i) all the shares of Banco Popular outstanding at the closing of market yesterday and all the shares resulting from the conversion of the regulatory capital instruments Additional Tier 1 issued by Banco Popular have been totally cancelled

(ii) all the regulatory capital instruments Tier 2 issued by Banco Popular have been converted into newly issued shares of Banco Popular, all of which have been acquired for a price of one euro (€1).

Santander plans to axe a fifth of its UK branch network