Santander predicts 24% profit surge before Popular purchase

By Tyler Davies
04 Jul 2017

Santander said on Tuesday that it expected its net profit for the first half of 2017 would be up 24% compared with last year, before considering its recent purchase of Banco Popular.

The Spanish national champion said it was expecting to have brought in €3.6bn of net profit over the first six months of this year. That figure compares with €2.9bn in the first half of 2016.

After accounting for a one-off negative impact of €248m and excluding the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.