Santander predicts 24% profit surge before Popular purchase
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 ...
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