Earnings ·
Banco Santander reported record underlying profit of €7.3 billion for the first half of 2026, a 15% increase…
SANBanco Santander, S.A.
Banco Santander reported record underlying profit of €7.3 billion for the first half of 2026, a 15% increase year-on-year. Revenue rose 6% to €30.8 billion, supported by a 7% increase in net interest income and 9% growth in net fee income. The bank added 12 million customers, bringing the total to 182 million. Following the acquisition of TSB on April 30, the CET1 ratio stood at 14.0%. The bank is executing a share buyback program, with an expected €1.8 billion buyback against H1 2026 results already approved by the ECB. Santander is a global banking institution providing retail, commercial, and investment banking services.