Santander earns 12.405 million through September, up 20%, on Poland sale and Webster and TSB purchases
Santander earned 12.405 million euros between January and September, 20% more than in the same period a year earlier, driven by 1.895 million in capital gains from the sale of its Polish business, partly offset by 666 million in costs from the TSB and Webster acquisitions. Excluding one-off effects, profit was 11.176 million, up 16%. In the third quarter, profit fell 2% to 3.432 million due to restructuring costs from both purchases.
In 35 seconds
- Profit of 12.405 million through September, up 20%; excluding one-offs, 11.176 million (+16%)
- The sale of the Polish business to Erste Bank for 7.000 million generated 1.895 million in capital gains
- The TSB (3.300 million) and Webster (12.200 million) purchases added 666 million in costs
IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.




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