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SAN share (Madrid) Positivo_GB 4.29 | 2.23% | 17:35

Santander attributable profit for the first nine months of 2018 reached 5,742 million euros - up 13%

31/10/2018

Banco Santander increased attributable profit during the first nine months of 2018 by 13% to €5,742 million (+28% in constant euros), as strong growth in revenues in several markets, including Brazil, Spain, Mexico and Portugal, combined with improvements in credit quality, more than offset the impact of exchange rate depreciation against the euro in certain currencies, including the Argentine peso. Profit before tax increased by 23% Year-on-Year (YoY) in constant euros to €11,230 million, with underlying profit increasing in eight of the Group’s ten markets.

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