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Santander Q3 net profit more than trebles y/y on lower one-off charges

Credit: REUTERS/EDGARD GARRIDO

October 27, 2020 — 01:46 am EDT

Written by Jesús Aguado for Reuters ->

MADRID, Oct 27 (Reuters) - Spain's Santander SAN.MC on Tuesday said its net profit more than trebled in the third quarter to 1.75 billion euros ($2.07 billion) compared to the same period a year ago when earnings were affected by multimillion one-off charges in the U.K.

($1 = 0.8465 euros)

(Reporting by Jesús Aguado; editing by Inti Landauro)

((jesus.aguado@thomsonreuters.com; +34 91 585 8339; Reuters Messaging: Reuters Messaging: jesus.aguado.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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