Banco Santander achieves record profit of 9.605 million in 2022, 18% more

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The entity led by Ana Botín describes the past year as “very good”, with an increase of 18% compared to 2021.

Euskaraz irakurri: Santander bankuak 9605 million euros etekina eskuratu du 2022an, 2007ko sabaia gaindituta

He Santander Bank achieved a record profit of 9.605 million euros in 2022, 18% more with respect to 2021, as reported by the entity this Thursday.

These payments exceed the ceiling reached in 2008 2007 by the entity headed by Ana Botín (9060 million).

“2022 was another one very good year for Santander: we have profitably increased the customer base and maintained a very solid balance sheet. As a result, earnings per share increased by 23% and cash dividend per share by 16%,” emphasized Banco Santander’s president.

Looking ahead to this year, Banco Santander expects that “central banks and governments will continue to give priority to reducing inflation”, i.e. they will continue to raise interest rates.

These results come after the announced, also record-breaking, results of BBVA: 6,420 million, 38% more than in 2021.

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Source: EITB

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