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Santander announces 10 billion euros in buybacks
Santander Shares Get Boost From Buyback, Better-Than-Expected Results
Shares in Spain’s biggest bank by assets were sharply higher after its results, and it said it was confident it would be able to boost profitability again in 2025, raising a target despite projecting broadly stable revenue for the year.
Santander unveils €10bn buyback on record profits
Santander has said that it intends to return €10bn to investors over the next two years through buybacks after reporting record annual profits.
Santander announces 10 billion euros in buybacks, sees higher profitability
Santander on Wednesday announced 10 billion euros ($10.40 billion) in share buybacks for 2025 and 2026 and forecast higher profitability on the back of stronger growth in its U.S. consumer unit and efficiency gains.
Santander reports record profit for third straight year
Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates.
Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
We have announced record results for the third consecutive year as we continue to grow revenue, profitability and returns," Executive Chair Ana Botin said.
Santander announces buyback plan while CA also sees earnings rise
Spain's Santander has reported a record profit of €12.57bn and revealed plans for more share buybacks. France's Crédit Agricole, meanwhile, has recorded a rise in net income. View on euronews
2h
Santander wealth and insurance records double digit profit growth in 2024
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15h
Santander's Q4 net profit up 11% compared to same period in 2023
Spain's Santander said on Wednesday its net profit in the fourth quarter rose 11% compared to the same period in 2023 thanks ...
5h
European Banks Keep Payouts Booming as Santander Pledges Buyback
European banks are signaling that they can keep making fat shareholder payouts as profits hold up despite a decline in ...
2d
Santander names next US CEO
Christiana Riley’s appointment is part of a greater restructuring, a source told Reuters. Her appointment was announced by ...
5h
on MSN
Santander Brasil shares up as Q4 net profit beats forecasts
Santander Brasil on Wednesday reported a 75% jump in fourth-quarter net profit, sending its shares higher as it surpassed ...
15h
Santander’s big, risky American dream
Plus, Thames Water advisers make a windfall in utility’s restructuring and EQT’s plan for a big hire falls through ...
1d
MLB rumors: Angels' failed Anthony Santander pursuit hints at strategy
The Angels went after Anthony Santander, hoping to sign him to a shorter-term deal as their outfield options have dwindled.
4d
Santander names Riley as CEO of Santander US, part of wider reshuffle
Christiana Riley will succeed Tim Wennes as CEO of Santander in the United States, the bank's executive chair, Ana Botin, ...
2d
Santander's digital bank hits $2B in deposits in U.S.
Santander Bank, N.A., a division of Spain's Banco Santander (SAN) said the company's Openbank digital banking platform ...
Business Matters
6h
Santander UK staff brace for fresh job cuts after profits tumble 38%
Santander UK faces more job cuts after a 38% fall in full-year profits, amid mounting regulatory pressures, a costly motor ...
9h
Santander UK profit sinks nearly 40% on £295m motor finance provisions
Santander UK's annual profit tumbled following the group's move to set aside £295m in its third quarter to cover any fallout ...
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