Banco Santander Reports Q3 Earnings with EPS Beat and Significant Revenue Growth
Banco Santander reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of €0.26, exceeding analyst expectations by €0.02. While revenue reached €15.89 billion—a substantial 53.5% increase year-on-year—it fell short of consensus estimates by approximately €370 million. The bank demonstrated strong profitability improvements throughout the period. The Return on Tangible Equity (RoTE) for the first nine months of 2026 rose to 17.4%, with underlying RoTE reaching 16.0% as the company progresses toward its long-term financial targets.
Tickers: $SAN
Topics: earnings beat profitability revenue miss RoTE