Spanish Bank Santander Makes A Bid To Boost Profitability Youtube Santander has boosted its dividend by 50 per cent and unveiled a €1.5bn share buyback as it channels record profits back to investors in a bid to lift its lagging stock price. the spanish bank. The group continued to increase profitability and shareholder value creation, with a return on tangible equity (rote) of 15.9%, or 16.3% if the impact of the temporary banking levy in spain, which was registered in full in the first quarter (€335 million), was distributed evenly across the year; earnings per share (eps) of €0.37, up 19%.
Spanish Bank Santander Expects Big Boost To Revenues From Rising Madrid (reuters) spain's biggest international bank santander signalled higher profitability this year as growth in lending income, particularly in its home market, helped drive first quarter. Q1 nii up 17.7% y y, 7.7% q q. chair ana botin says bank on track to meet 2024 targets. shares down more than 3%. madrid, april 30 (reuters) spain's biggest international bank santander (san.mc. The forecast came as santander said net profit rose 28 per cent to €2.9bn in the final quarter of 2023 — €200mn ahead of analyst forecasts. the uk, spain and portugal drove its performance. For 2023, santander's return on tangible equity stood at 15.6%. santander said net profit for the fourth quarter was 2.93 billion euros ($3.18 billion) compared with eur2.29 billion reported for.
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