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1Q 2012: Banco Santander registered attributable net profit of EUR 1.604 billion, down 24%, after provisions for NPLs rose 51% to EUR 3.127 billion

Resultados 1T12

Madrid, 26th April 2012

Banco Santander registered net attributable profit of EUR 1,604 million in the first quarter of 2012, a decline of 24% from the same period in 2011. This decline is mainly due to the significant increase in provisions for non-performing loans, which rose 51% to EUR 3,127 million..

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Santander's 2012 Results

Alfredo Sáenz during the presentation of the first quarter 2012 results.

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