HARRYCAT
- 08 Aug 2009 09:37
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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HARRYCAT
- 21 Dec 2015 08:15
- 64 of 69
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.
HARRYCAT
- 27 Jan 2016 07:56
- 65 of 69
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%.
HARRYCAT
- 26 Oct 2016 07:24
- 66 of 69
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."
HARRYCAT
- 25 Jan 2017 10:00
- 67 of 69
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."
HARRYCAT
- 07 Jun 2017 10:00
- 68 of 69
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).
skinny
- 23 Jan 2019 12:46
- 69 of 69