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Santander announces 10 billion euros in buybacks
Santander Shares Get Boost From Buyback, Better-Than-Expected Results
Shares in Spain’s biggest bank by assets were sharply higher after its results, and it said it was confident it would be able to boost profitability again in 2025, raising a target despite projecting broadly stable revenue for the year.
Santander announces 10 billion euros in buybacks, sees higher profitability
Santander on Wednesday announced 10 billion euros ($10.40 billion) in share buybacks for 2025 and 2026 and forecast higher profitability on the back of stronger growth in its U.S. consumer unit and efficiency gains.
Santander unveils €10bn buyback on record profits
Santander has said that it intends to return €10bn to investors over the next two years through buybacks after reporting record annual profits.
European Banks Keep Payouts Booming as Santander Pledges Buyback
European banks are signaling that they can keep making fat shareholder payouts as profits hold up despite a decline in interest rates.
Santander reports record profit for third straight year
Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates.
Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
We have announced record results for the third consecutive year as we continue to grow revenue, profitability and returns," Executive Chair Ana Botin said.
Santander announces buyback plan while CA also sees earnings rise
Spain's Santander has reported a record profit of €12.57bn and revealed plans for more share buybacks. France's Crédit Agricole, meanwhile, has recorded a rise in net income. View on euronews
GlobalData on MSN
20h
Santander wealth and insurance records double digit profit growth in 2024
"Santander wealth and insurance records double digit profit growth in 2024" was originally created and published by Private ...
1d
on MSN
Santander Brasil's Net Profit Surges 75% in Q4
Santander Brasil's NII - earnings on loans minus deposit costs - rose 16% in the fourth quarter to 15.98 billion reais, while ...
1d
Botin Says Santander Can Shift Capital Rather Than Sell Units
Banco Santander SA Chairman Ana Botin said the lender can shift resources away from lower-perfoming units and doesn’t need to ...
American Banker
2d
Santander replaces its U.S. CEO
Christiana Riley, regional head of Banco Santander's North America region, has succeeded Tim Wennes as CEO of Santander U.S.
1d
Santander Bank Polska's Q4 net profit slips but beats expectations
The Polish unit of Santander Bank posted a 7% fall in its preliminary fourth-quarter net profit on Wednesday, hit by rising ...
bankingdive
2d
Santander names next US CEO
Christiana Riley’s appointment is part of a greater restructuring, a source told Reuters. Her appointment was announced by ...
bovnews
1h
Banco Santander Brasil SA ADR (BSBR) Posted 7.68% Profit Margin Last Year—Can It Hold Up?
Banco Santander Brasil SA ADR (BSBR) stock saw a modest uptick, ending the day at $4.75 which represents a slight increase of $0.22 or 4.86% from the prior close of $4.53. The stock opened at $4.61 ...
23h
on MSN
Santander Brasil shares up as Q4 net profit beats forecasts
Santander Brasil on Wednesday reported a 75% jump in fourth-quarter net profit, sending its shares higher as it surpassed ...
6h
on MSN
Why is Santander blocking my £25k endowment payout? I paid off the mortgage 25 YEARS ago: CRANE ON THE CASE
The investment vehicle was set to pay out at the end of the 35-year term in 2024 - but Santander needs to confirm I paid off ...
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