Banco Santander S.A. increased net profit in the III quarter by 20%

Moscow. October 25. information agency "Interfaks" - Banco Santander S.A., the largest bank Spain, raised net profit and revenue in the third quarter 2023 is stronger than market expectations. The net profit of Santander in July-September grew by 20% in annual expression and made 2,9 billion euro. The revenue increased by 10%, to 14,86 billion euro. The experts interrogated by FactSet, on the average expected that bank will record net profit of 2,77 billion euro at revenue in 14,58 billion euro. Net interest income banks past quarter increased by 6,6% in quarterly expression and reached 11,2 billion euro. Volume of deposits...