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Santander Q3 2018 profit



Banco Santander posted a result on Wednesday that was in line with expectations, supported by a solid performance in Brazil and Spain.

Here are the main Imagines:

  • Third Quarter Net Profit: 1
    .99 Billion. 1.98 billion euros analysts expect at Refinitiv.
  • Santander's net income increased about 36 percent year-over-year, as a series of one-time charges limited net income to 1.461 billion euros.
  • The bank reported its core capital The rate was 11.11% at the end of September.

Asked if he fears concerns about weak Eurozone GDP figures, Cantera replied, "There are some ups and downs, but in the markets we operate, we essentially see Spain, Portugal and consumer credit in Europe we are quite positive tendencies. "

" Yes, the economy is not recovering very well, but it is doing relatively well and is starting to stimulate good credit growth. "

Eurozone growth According to data released on the Tuesday, the lowest level has slowed in over four years as the region's recovery seems to have come to an end.

Eurozone GDP rose by 0.2 percent in the three-month period to 30 September, 0.4 percent at the end of June.


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