Santander reports 16 percent profit growth for Banco Santander stock

Published on 10/28/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Santander reports EUR 11.2 billion underlying profit for nine months, up 16 percent year over year. Banco Santander stock costs EUR 10.91 on October 28, 2026.

Profit and shareholder dates

Underlying profit reached EUR 11.2 billion in the first nine months of 2026, up 16 percent year over year.
Retail and Commercial Banking delivered EUR 6,445 million of underlying profit in the first nine months of 2026.
Banco Santander stock traded at EUR 10.91 at 9:13 a.m. CET at Lang & Schwarz on October 28, 2026.
The interim cash dividend is scheduled for payment on November 2, 2026.

Banco Santander, ES0113900J37, Illustration mit AI erstellt.

Banco Santander (ISIN ES0113900J37) reported underlying profit of EUR 11.2 billion for the first nine months of 2026 on October 28, up 16 percent year over year, according to Santander. The result gives investors a fresh measure of operating momentum after the bank reported EUR 7.3 billion of underlying profit for the first half of 2026.

Banking businesses add to growth

The result was supported by several operating units. Retail and Commercial Banking generated EUR 6,445 million of underlying profit in the first nine months, an increase of 12 percent year over year. Its loans grew 16 percent and deposits rose 16 percent in constant euros, according to the Santander release.

Corporate and Investment Banking produced EUR 2,433 million of underlying profit, up 15 percent, while Wealth Management and Insurance reached EUR 1,651 million, up 19 percent. Assets under management stood at EUR 588 billion, an 11 percent increase from the prior year.

What does capital return mean?

Shareholder returns remain a central part of the results picture. Santander said its buyback against first-half 2026 results totaled EUR 1.8 billion and was still underway. The board also set out a policy for 2026 to 2028 results that allocates about 50 percent of underlying profit to cash dividends and share buybacks, subject to future corporate and regulatory approvals.

Next dates for shareholders

Santander's investor calendar lists October 28, 2026, as the last day to trade shares with a right to receive the interim cash dividend and the date of the nine-month results presentation. The interim dividend payment is scheduled for November 2, 2026. The September 30, 2026 balance-sheet date also anchors the latest capital data, including a market capitalization of EUR 179 billion reported in the results release.

Stock price and investor perspective

The combination of 16 percent underlying profit growth and a 12 percent increase in Retail and Commercial Banking profit gives the results a clear operating reference point. The capital-return program adds a second test because future distributions depend on earnings, capital generation and regulatory approvals.

Banco Santander was trading at EUR 10.91 at Lang & Schwarz on October 28, 2026 at 9:13 a.m. CET. The further course of trading is shown by the continuously updated real-time quote of Banco Santander stock.