niusdiario.esMadrid
02/02/2023 07:25 a.m.
An workplace of Banco Santander
The entity attributes this to the expansion of business exercise, the standard of the property and the management of prices
Banco Santander obtained a file attributable revenue of 9,605 million euros in 2022, 18% greater than the earlier yr, because of the expansion in business exercise, the standard of the property and price management, the entity has reported to the National Securities Market Commission (CNMV).
The fundamental margins of the earnings assertion registered double-digit will increase, particularly curiosity, which displays a lot of the earnings, and stood at 38,619 million euros, 15.7% extra, whereas the gross margin, which provides commissions, added 52,117 million and improved by 12.3% year-on-year.
These outcomes allowed the entity to enhance its return on fairness (ROTE) to 13.4%, thereby exceeding the goal of 13% that had been set.