Santander earns 10.337 billion through September and breaks a new record

BarcelonaBanco Santander is enjoying a winning streak. This Wednesday, the bank, chaired by Ana Botín, presented its results for the third quarter of 2025, in which it once again broke profit records. Specifically, Santander achieved a net profit of €10.337 billion through September, 11% higher than in the same period of the previous year, reaching its best-ever result for this period, according to the bank. The bank also reached 178 million customers, after adding 7 million new customers in the last twelve months. According to Santander, these results were supported by strong growth in net interest income, record levels of fee income, and further efficiency improvements, along with higher credit quality. Net profit for the third quarter amounted to €3.504 billion (+8%), marking the sixth consecutive quarter of record results.

Revenues reached €46.277 billion, stable in current euros, but 4% higher in constant euros thanks to record fee income (€10.011 billion). Net interest income fell 2.5% in current euros to €33.816 billion, although in constant euros (excluding Argentina) it increased 3%.

Profitability and dividends

Return on tangible equity (RoTE) stood at 16.1%, an increase of 0.7 percentage points. Earnings per share were €0.66 at the end of September (+16%), and tangible book value (TNAV) per share was €5.56.

Santander notes that, including the cash dividend of 0.11 euros paid in May and the interim dividend of 0.115 euros to be paid in November, total value creation increased by 15% year-on-year.

The bank's president, Ana Botín, has stated that the accounts up to September are "very good results" and that in the last twelve months her entity has grown by more than seven million new customers and has increased profitability to over 16%, with a 16% growth in earnings per share.