Banco Santander is trading at €10.80, 4.17% down in the October 28, 2026 price context, with weaker Brazilian performance and higher provisions the clearest company-specific explanation for the decline. - Underlying third-quarter profit rose 19% to €3.85 billion; Brazil profit fell 15% amid higher provisions. - Reported attributable profit fell 2% to €3.43 billion after impairment and restructuring charges. - October 28 is the final day to trade with entitlement to the interim dividend; the ex-dividend date is October 29.