Banco Santander Reports Record Q2 Profit and 14% Year-Over-Year Increase in Underlying First-Half Earnings
Banco Santander (NYSE:SAN) reported record quarterly profit of EUR 3.8 billion for the second quarter, with a 14% year-over-year increase in underlying first-half earnings driven by revenue growth and cost reductions across its global operations. The bank's customer base expanded to 182 million due to organic growth and the recent acquisition of TSB.
Tickers: $SAN