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SAN Banco Santander SA

4.83
-0.04 (-0.82%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Banco Santander SA NYSE:SAN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.04 -0.82% 4.83 4.86 4.81 4.85 1,502,812 22:32:53

Poland's BZ WBK Net Profit Up 20% in 1Q at PLN449 Million

29/04/2014 8:36am

Dow Jones News


Banco Santander (NYSE:SAN)
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WARSAW--Poland's Bank Zachodni WBK S.A. (BZW.WA) a unit of Spain's Banco Santander S.A. (SAN.MC) Tuesday reported a 20% rise in first-quarter net profit driven by a rise in net interest income and lower provisions.

MAIN FACTS:

- First-quarter net profit up 20% at PLN449 million ($148 million)

- Net interest income up 16% at PLN867 million in 1Q

- Net fee income up 2.3% at PLN442 million

- Non-performing loans provisions down at PLN162 million from PLN196 million

- Santander owns 70% of BZ WBK.

Write to Patryk Wasilewski at patryk.wasilewski@wsj.com

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Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=PLBZ00000044

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Visit http://www.companyspotlight.com/partner?cp_code=A591&isin=US05964H1059

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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