Banco Santander Q1 Profit Climbs - Quick Facts

Spanish Financial Group Banco Santander S.A. (BNC.L,BSBR,SAN) reported Tuesday that its first-quarter profit attributable to the parent climbed 58.1 percent to 2.54 billion euros from last year's 1.61 billion euros.

Earnings per share were 0.141 euro, up 65.7 percent from 0.085 euro last year.

On an underlying basis, attributable profit grew 18.9 percent.

Profit before tax climbed 34.5 percent from last year to 4.17 billion euros.

Net interest income grew 11.3 percent to 8.86 billion euros. Total income increased 8 percent to 12.31 billion euros from 11.39 billion euros a year ago.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration said it now intends to review only a small subset of new emergency use authorization or EUA requests for diagnostic tests. As per an updated COVID-19 test policy with a view to ensure continued access to tests, the regulator further urged developers of all test types seeking marketing authorization to pursue traditional premarket review for most test types. Netflix, Inc. said it is adding a new feature to offer a more personalized mobile games experience on the platform. In a statement, Sophia Yang, Product Manager, Mobile Games, said the company is rolling out the ability to create game handles, with which members will be able to create a unique public username. This can be used across all Netflix games. General Motors Co. has delayed its plan to require employees to return to office many days a week until next year, reports said citing an internal memo signed by CEO Mary Barra. Last week, the company had announced that corporate workers would be required to return to respective offices at least three days a week, beginning later this year, as the COVID-19 pandemic eases.
Follow RTT