Brief: Santander Q2 Net Profit €3.52 Bln
BRIEF-Santander Q2 Net Profit €3.52 Bln July 22 (Reuters) - Banco Santander SA SAN.MC:
Q2 NET INTEREST INCOME €11.69 BILLION (NOT €11.9 BILLION)
Q2 NET PROFIT €3.52 BILLION
Q2 UNDERLYING NET PROFIT €3.77 BILLION
ON TRACK TO MEET ITS 2026 TARGETS
NPL RATIO 2.93% AT END-JUNE
BANK WILL HAVE DELIVERED C.€9 BILLION TOWARDS ITS COMMITMENT TO DISTRIBUTE AT LEAST €10 BILLION THROUGH SHARE BUYBACKS FOR 2025 AND 2026
Q2 UNDERLYING ROTE 16.0%
Q2 ROTE 15.8%
CET 1 RATIO 14.0% AT END-JUNE
Source text: nCNMbBK6FP
Further company coverage: SAN.MC
(Gdansk Newsroom)
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