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/

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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