Santander (SAN): Q3 net profit -94% to €100M vs consensus of €1.21B as bank sets aside €1.14B...


Santander (SAN): Q3 net profit -94% to €100M vs consensus of €1.21B as bank sets aside €1.14B provisions for bad loans in Spain; has now covered 90% of the government requirements. Net interest income +3% to €7.5B. Bad loans 4.3% of total lending vs 4.1% in June, core capita ratio 10.38% vs 10.1%. Brazil profit -9% to €537M, U.K. -21% to €337M. (PR)

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  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    This problem is not behind us.
    25 Oct 2012, 04:50 AM Reply Like
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