Banco Santander reported record underlying profit of €7.3 billion for the first half of 2026, up 15% year over year. [1, 2]
Revenue rose 6% to €30.8 billion. [3, 4] Strong customer activity added 12 million clients over the past year. [3, 4]
The bank’s ONE Transformation program improved efficiency, bringing its cost-to-income ratio to 42.8%. [2, 3]
Underlying return on tangible equity (RoTE) reached 15.6%. [1, 2] Santander maintained a CET1 capital ratio of 14.0%. [1, 2]
Santander reaffirmed its full-year 2026 financial targets. [3, 6] It raised its interim cash dividend by 10% and announced a significant share buyback program. [3, 6]