Author: Santander bank
He Santander bank achieved attributable net profit of EUR 2,571 million 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 quarterly profit report.
If the impact of the temporary tax on banking income is not taken into account, the net result of the financial institution would be EUR 2.795 million, which would mean an advance of 10%.
The total revenue (gross margin) of the bank led by Ana Botín was €13,935 million between January and March, equivalent to a 13% increase compared to the same period in 2022.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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