Tag: Banco Santander SA

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Santander 'building a strong momentum,' the bank's CFO says
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July 24, 2024July 24, 2024Earnings

Spain’s Santander posts 20% hike in net profit as retail business shines

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Banco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil. The company’s net profit attributable to the parent group came in at 3.207 billion euros ($3.48 million), in line with a consensus from analysts...

We've captured some market share in our advisory business: Deutsche Bank CFO
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July 24, 2024July 24, 2024Earnings

Deutsche Bank (DBK) Q2 earnings

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Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank division. Shares fell more than 7% in early deals, despite analysts characterizing the results as broadly solid, with the European banking sector down 0.85% overall at 8:29 a.m. in London....