10/26/2022, 7:05 AM (Source: TeleTrader)
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Santander's Q3 income up by 13% to €13.51 billion

Banco Santander, S.A. announced on Wednesday that its total income in the third quarter of 2022 came in at €13.51 billion, which is a rise of 13% compared to the same period in 2021.

The bank's net operating income saw an annual increase of 13% to reach €7.35 billion. Its attributable profit gained 11% compared to the same trimester the previous year to stand at €2.42 billion. Meanwhile, its earnings per share (EPS) grew by 31% year-on-year to hit €0.409 per share.

"Our focus remains on supporting our customers and transforming our business - improving connectivity across the group and ensuring efficient capital allocation. As a result, we will continue improving profitability and shareholder returns," the bank's executive chair Ana Botin commented.

Baha Breaking News (BBN) / JR