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6.58616904499014E-05 0 0.00109769484083422 0 0.00109769484083422 -0.00219538968166864 -0.00180021953896826 0
Stock impact report

Banco Santander Q2 underlying profit up 8% Q/Q [Seeking Alpha]

Banco Santander, S.A. Sponsored ADR (Spain) (SAN) 
Company Research Source: Seeking Alpha
Banco Santander (NYSE: SAN )   after Q2 adjusted EPS of  €0.12 beats the average analyst estimate of €0.10 Q2 underlying profit of €2.10B rose 8% from €1.94B in Q1 and €1.98B in Q2 2018. Underlying net interest income of €8.95B, up 3.1% Q/Q. Efficiency ratio of 47.2% improves from 47.6% in Q1. Q2 underlying return on tangible equity of 12.03% vs. 11.31% in Q1. Gross loans and advances to customers of €908.2B rose 5% Y/Y; customer deposits of €814.8B, up 5% Y/Y. Tangible book value per share of €4.30 at June 30, 2019, unchanged from March 31, 2019. Previously: Banco Santander EPS beats by €0.02, beats on total income (July 23) See all stocks on the move » Subscribe for full text news in your inbox Show less Read more
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