Earnings ·
Banco Santander reported H1 2026 underlying profit of €7.3 billion, a 15% increase year-over-year
SANBanco Santander, S.A.
Banco Santander reported H1 2026 underlying profit of €7.3 billion, a 15% increase year-over-year. Net interest income rose 7% to €22.7 billion, while total revenue reached €30.8 billion, up 6% YoY. The efficiency ratio improved to 42.8%, down 2.9 percentage points. The CET1 ratio stood at 14.0%, aligned with the company's 12.8-13% operating range. The group's strategy focuses on digital transformation and scale, including the pending acquisition of Webster Financial Corporation. The company operates in the banking and financial services industry.