• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Ibex banks post 10.77% profit rise through September, with records at Santander and BBVA

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

Ibex 35 banks raised their profit by 10.77% in the first nine months of 2026, driven by record results at Santander, with 12.405 billion euros, and BBVA, with 9.066 billion. Despite the gains, the market punished their shares and four of those stocks fell. The sector accounts for around 40% of the index's volume, according to the outlet.

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IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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