Banco Santander (ES:SAN) has released an update.
Banco Santander reported a 16% increase in attributable profit to 6,059 million euros for the first half of 2024, with a significant 10% revenue increase and a record net interest margin growth. The bank has improved its 2024 financial targets, now aiming for higher revenue growth, improved efficiency, and a RoTE above 16%. These results reflect strong customer growth, effective cost control, and increased shareholder value through higher earnings per share and dividends.
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