US EditionSantander wins 12.574 million in 2024, the best year of its history, and it shoots on the Stock Exchange
14 Articles
14 Articles
Banco Santander anticipates a greater profit for this 2025 after setting the record of 12.5 billion last year. In a context "more complicated and volatile", as acknowledged by the president of the entity, Ana Botín, the forecast at group level goes on to record an increase in profit, as well as profitability, while predicting that revenues will remain stable. "Banco Santander will do better than its competitors", the president said. Within this …
Sapo
14% increase in profits justified by “strong revenue growth” in all businesses and regions in which the bank operates and the acquisition of eight million customers in the last year.
The bank will distribute to the shareholders 10 billion euros between 2025 and 2026, more than what has been paid in the last four years.The share rises more than 8%, to the maximum since 2018
The market has welcomed the record results of the entity that presides over Ana Botín with an increase of 8.29%, the largest since November 10, 2020. In terms of capitalization, the company has increased its value to 81,853.76 million euros, 6,275 more than the closing of Tuesday. This represents almost twice the 12.574 million profit that it obtained throughout the 2024 financial year. Precisely because of those record results that represent an…
Banco Santander has just presented the results of the year of 2024, another record year for the entity in which it raised its profits by 13.5% year-on-year.
Last year was again an exceptional exercise for the banking sector in general thanks to the delay with which the cuts of the official rates are transferred to their business and to the good economic evolution. But it was also in particular for Santander, which seems to be reaping the fruits of the changes in the business model undertaken in recent years. The bank earned 12,574 million euros in 2024, 14% more than the 11,076 million of the previo…
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
