Santander (NYSE:SAN): Q1 net profit -26% to €1.21B vs consensus of €1.31B, hurt by...

Santander (NYSE:SAN): Q1 net profit -26% to €1.21B vs consensus of €1.31B, hurt by significant charges on property assets. Net interest income -14% to €6.65B, weighed down by low interest rates and recession in important markets. Latin America net profit -18%, U.K. -23%. Has returned €31B of estimated €35B cheap ECB loans. Expects 2013 profit to be "significantly higher" than the €2.295B earned in 2012. Shares -2.05% premarket. (PR)