Héctor Grisi, chief executive officer, Banco Santander
Héctor Grisi, chief executive officer, Banco Santander

1Q 2025 | Santander increases profit by 19% to €3,402 million and earnings per share by 26% in Q1, reaffirms 2025 targets

Santander achieved a record attributable profit of €3,402 million in the first quarter of 2025, a 19% increase versus the same period last year thanks to record net fee income (+4%) and lower costs. In addition, the bank added nine million new customers with the total number of customers the group serves reaching 175 million customers.