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Banco Santander ( (ES:SAN) ) has issued an announcement.
Banco Santander reported a record attributable profit of 12.574 billion euros in 2024, marking a 14% increase from the previous year, driven by robust revenue growth across all global businesses and regions. The bank also announced plans to allocate 10 billion euros towards shareholder buybacks for 2025 and 2026, reflecting its strong capital generation and commitment to shareholder value, while maintaining good cost control and significant improvements in efficiency and profitability.
More about Banco Santander
Banco Santander is one of the largest retail and consumer banks globally, known for its comprehensive financial services which include consumer banking, corporate and investment banking, and wealth management. The bank utilizes its significant scale to develop technology platforms that enhance product and service offerings while optimizing operational costs.
YTD Price Performance: 14.23%
Average Trading Volume: 7,928,175
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £60.92B
Find detailed analytics on SAN stock on TipRanks’ Stock Analysis page.
