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 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 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 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
Santander's Botin on Profit, Buybacks, Capital
Banco Santander SA Executive Chair Ana Botin discusses profitability, buybacks and capital deployment. She speaks on Bloomberg Television after the lender reported net income of 3.27 billion ($3.4 billion) for the fourth quarter,
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 ...
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Santander wealth and insurance records double digit profit growth in 2024
"Santander wealth and insurance records double digit profit growth in 2024" was originally created and published by Private ...
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Santander replaces its U.S. CEO
Christiana Riley, regional head of Banco Santander's North America region, has succeeded Tim Wennes as CEO of Santander U.S.
Santander Brasil's Net Profit Surges 75% in Q4
Santander Brasil's NII - earnings on loans minus deposit costs - rose 16% in the fourth quarter to 15.98 billion reais, while ...
Botin Says Santander Can Shift Capital Rather Than Sell Units
Banco Santander SA Chairman Ana Botin said the lender can shift resources away from lower-perfoming units and doesn’t need to ...
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Santander names next US CEO
Christiana Riley’s appointment is part of a greater restructuring, a source told Reuters. Her appointment was announced by ...
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 ...
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 ...
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.