Banco Santander Reports Record Q1 2026 Profit Amid Structural Changes

Banco Santander (NYSE:SAN) reported a record Q1 2026 profit of EUR 3.6 billion, up 12% year-over-year, despite the disposal of Santander Polska and a new reporting structure. The bank highlighted improved efficiency, a 15.2% underlying return on tangible equity, and a CET1 capital ratio of 14.4%, the highest in its history.

By MarketBeat Wed, April 29, 2026 at 1:46 PM GMT+3 7 min read · Yahoo Finance ·

Banco Santander Reports Record Q1 2026 Profit Amid Structural Changes

Tickers: $SAN

Topics: CET1 Capital Ratio Dividend Payments Earnings Report Profit Growth ROTE Shareholder Returns

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