Banco Santander Reports 12% Increase in Q1 Net Profit
Banco Santander (SAN:NYSE) reported a 12% year-over-year increase in net profit to €3.56 billion for Q1. The rise was driven by a €1.9 billion net capital gain from the sale of Santander Bank Polska in January. Attributable profit rose 60% to €5.5 billion.
Tickers: $SAN
Topics: Banking Sector Net Income Profit Growth Santander Bank Polska Sale