We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Banco Santander, S.A. Sponsored Adr (Spain) | NYSE:STD | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.10 | 0.00 | 01:00:00 |
By Jeannette Neumann
MADRID--Banco Santander SA (SAN) on Wednesday reported a 5% decline in first-quarter net profit from the year-earlier period to EUR1.63 billion ($1.84 billion) on weaker lending income.
Analysts had anticipated Santander would report net profit of EUR1.5 billion in the first quarter, according to a poll by data provider FactSet.
The bank, led by Executive Chairman Ana Botin, said net interest income was EUR7.62 billion compared with EUR8.04 billion in the first quarter of 2015.
Net interest income, a key driver of revenue for retail banks like Santander, is the difference between what lenders pay clients for deposits and charge for loans.
Analysts had estimated Santander would report net interest income of EUR7.63 billion in the first quarter, according to FactSet.
Write to Jeannette Neumann at jeannette.neumann@wsj.com
(END) Dow Jones Newswires
April 27, 2016 01:31 ET (05:31 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Banco Santander Chart |
1 Month Banco Santander Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions