Banco Santander: 2Q Earnings Snapshot
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.