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Banco Santander: 2Q Earnings Snapshot

July 23, 2019

MADRID (AP) _ Banco Santander SA (SAN) on Tuesday reported second-quarter earnings of $1.56 billion.

The bank, based in Madrid, said it had earnings of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 13 cents per share.

The financial holding company posted revenue of $13.88 billion in the period. Its revenue net of interest expense was $13.88 billion, beating Street forecasts.

The company’s shares closed at $4.55. A year ago, they were trading at $5.43.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAN at https://www.zacks.com/ap/SAN

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