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Banco Santander earns 2,571 million in the first quarter, 1.1% more

MADRID, 25 Abr.

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Banco Santander earns 2,571 million in the first quarter, 1.1% more

MADRID, 25 Abr. (EUROPA PRESS) -

Banco Santander obtained net attributable profit of 2,571 million euros in the first quarter of 2023, which represents an increase of 1.1% compared to the same period last year, as reported by the entity when publishing its income statement quarterly.

If the impact of the temporary tax on banking income is not taken into account, the net result of the financial institution would have been 2,795 million euros, which would mean an advance of 10%.

The total income (gross margin) of the bank led by Ana Botín was 13,935 million euros between January and March, which is equivalent to an increase of 13% compared to the same period in 2022.