Banco Santander Reports 60% Profit Surge in Q1
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy BSBR?
Source: NASDAQ.COM
- Significant Profit Growth: Banco Santander reported a 60.3% year-on-year increase in profit attributable to the parent, reaching €5.46 billion, primarily driven by a €1.9 billion gain from the disposal of Polish assets, showcasing successful capital management and reinforcing its market position.
- Earnings Per Share Rise: Earnings per share surged from €0.21 last year to €0.36, reflecting a 69.3% increase, which indicates a substantial enhancement in profitability and is likely to attract more investor interest in its stock performance.
- Total Income Increase: Total income grew by 3.8% year-on-year to €15.14 billion, largely due to increased customer activity and transaction volumes, demonstrating strong performance across global operations and enhancing future profit potential.
- Increased Shareholder Returns: The annual general meeting approved a final cash dividend of €0.125 per share, payable on May 5, bringing the total cash dividend for 2025 to €0.24, up over 14% year-on-year, indicating the company's commitment to rewarding shareholders alongside profit growth.
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Analyst Views on BSBR
About BSBR
Banco Santander Brasil SA (Cayman Islands Branch) is a Cayman Islands-based company. The Company operated as a branch of Banco Santander Brasil SA in Brazil which provides commercial banking.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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