Santander logo is seen in this illustration taken December 3, 2025. REUTERS.
MADRID, April 29 (Reuters) – Spain’s Santander said on Wednesday its net profit in the first quarter rose 60% from the same period in 2025 thanks to capital gains of around 1.9 billion from the sale of its Polish unit.
The euro zone’s largest lender in terms of market value booked a net profit of 5.46 billion euros, up from 3.4 billion euros in the same quarter last year.
Without the one-off, underlying net profit rose 12.5% year-on-year to 3.56 billion euros in the quarter thanks to higher revenues and a rise in lending income. Analysts polled by Reuters expected an underlying net profit of 3.58 billion euros.
Reporting by Jesús Aguado; editing by Aislinn Laing
