Santander's third-quarter profits fall after Brazil losses
Statements (10 of 18)
- Bearish
Santander (SANB11) lost more than 4% in the third quarter of 2026 due to a weak balance sheet.
- Bearish
Banco Santander reported a sharp decline in quarterly profit during the third quarter.
- Bearish
Santander Brasil's third-quarter revenue was lower than expected.
- Bearish
Santander's net profit decreased 15% in Brazil, the second-largest market for the bank.
- Bearish
Santander reduced its solvency to 12.7% in the third quarter.
- Bearish
Santander Brasil's net operating income in the third quarter of 2026 decreased by 28% compared to the same quarter in the previous year.
- Bearish
Santander Brasil reported recurring net income of R$ 2.9 billion in the third quarter of 2026.
- Bearish
Santander Brasil's return on equity (ROE) fell to 11.9% in the third quarter of 2026.
- Bearish
Santander Portugal's net income fell 9% to 664 million euros.
- Bearish
Banco Santander reported third quarter attributable profit of 3.43 billion euros, down 2% from last year.
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