2026 Santander Annual General Meeting
Ana Botín, executive chair of Banco Santander, said that strong first-quarter performance supports the full-year targets: “For the first quarter of 2026, we have continued the positive trends of previous years, growing both our customer base and revenue, while costs are expected to decline in constant euros year-on-year, resulting in an improvement in efficiency of approximately 250 basis points. As a result, we are on track to increase profit in 2026 year-on-year.”
Banco Santander’s executive chair Ana Botín confirmed at the bank’s annual general meeting (AGM), which was broadcasted from its headquarters in Boadilla del Monte, that Santander was on track to meet its 2025 targets.
Santander executive chair Ana Botín told shareholders that the bank expects to reach a 16% return on tangible equity (RoTE) in the first quarter, annualizing the impact of the banking tax in Spain which is registered entirely in January 2024.
Banco Santander held its 2023 Annual General Meeting, where shareholders approved the 2022 financial statements, corporate management and other business. The event was held at the El Solaruco Training Centre at the Santander Group City corporate offices in Madrid. Executive Chair Ana Botín presided over the executive panel formed by the bank’s Chief Executive Officer and General Secretary.
Banco Santander has held its 2022 Annual General Meeting, where shareholders has been approved the 2022 financial statements, corporate management and other business.