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via finance.yahoo.comBusiness & Companies

Santander Q3 underlying profit rises 19%, reaffirms 2026 targets

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Spain's largest bank Banco Santander's (BME:SAN) underlying profit rose 19% in the third quarter, as higher customer activity and revenue growth helped offset rising loan-loss provisions. Still guessing which stocks will beat the market? Our AI portfolio updates…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid results from a major European bank with 2026 targets reaffirmed, relevant for the banking sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Underlying profit rose 19% in the third quarter, to 3.85 billion euros.
  2. 02Attributable profit fell 2% to 3.43 billion euros, reflecting integration costs related to the Webster acquisition.
  3. 03Net loan-loss provisions climbed 22% to 3.49 billion euros.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Banco Santander, S.A.SANStock12.47 USDMarket closedtoday +0.81%Positive Banco Santander, S.A.BCDRFStock12.75 USDMarket closedtoday +3.87%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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