Banco Santander, S.A. (NYSE:SAN) Q1 2024 Earnings Call Transcript April 30, 2024 Banco Santander, S.A. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Begoña Morenés: Good morning everybody and welcome to Banco Santander’s Conference Call to Discuss our Financial Results for […]
Santander Brasil's recurring net income jumped 41.2% year-on-year to 3.02 billion reais ($590 million) in the first quarter, the bank reported on Tuesday, highlighting it has managed to resume growth after some tough quarters. The bottom line topped the 2.89 billion reais expected by analysts polled by LSEG, with net interest income (NII) growing both in the client and market segments. Latin America's largest economy is a key market for Spain's Banco Santander, the parent of Santander Brasil, which reported its first quarter results earlier in the day signalling higher profitability this year.
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