• 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

Santander shares fall 4% after mixed third-quarter results

FinanceInternationalXTB.com35 s readAI summary
Image: XTB.com

Santander reported third-quarter 2026 results with ordinary net profit of 3.848 billion euros (+18.5% year on year) and net interest income of 11.903 billion (+14.9%), though both metrics came slightly below analyst consensus. Net profit in Brazil fell 21.2%, while the UK and the US contributed increases of 39.3% and 44.6%. The efficiency ratio improved to 42.6%. Its shares were down 4% after the release.

In 35 seconds

  • Ordinary net profit of 3.848 billion euros, up 18.5% year on year and 0.74% above consensus
  • Net interest income of 11.903 billion euros, up 14.9% but 1.01% below expectations
  • Brazil posted a 21.2% drop in net profit; the UK and US rose 39.3% and 44.6%
Read the full story at XTB.com

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

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