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.
Tickers: $SAN
Topics: CET1 Capital Ratio Dividend Payments Earnings Report Profit Growth ROTE Shareholder Returns