Banco Santander's chairman, Emilio Botín, said: “After several years of high levels of
write-offs and reinforcement of capital, Banco Santander is prepared for a new period
of increased profitability.”
DIVERSIFICATION. Latin America contributed 49% of group profit (Brazil 24%,
Mexico 11% and Chile 6%), Europe accounted for 40% (U.K. 15%, Spain 7%,
Germany and Poland 6% each) and the United States 11%.
Spain: Net attributable profit was EUR 367 million (-51%) and the trend in income
improved. Deposits grew 12% and loans fell 5%. Santander has gained market
share in loans (0.4 point) and deposits (1.0 point) in the last year. So far this year
it has provided EUR 43 billion of new corporate funding.
United Kingdom: Ordinary net attributable profit was EUR 793 million (675
million pounds, +7%). Lending fell 5%, with corporate loans rising 11%, and
deposits dropped 2%, with a 71% increase in current account volumes.
Brazil: Net attributable profit was EUR 1,277 million (3,548 million reais, -13%).
Revenues were stable compared with the previous quarter and costs increased
by less than inflation. Loans grew 7% and deposits rose 8%.
0.6 euro, 9% 배당이 유지될 가능성이 높아 보인다.
배당이 반토막 날 가능성이 있다는 글.
올해 순이익의 2배를 배당하고 있는데, 장기적으로 이익의 50%를 배당하게 될 것으로 보는 데는 공감.
이익이 과거 수준으로 돌아가면 배당액도 유지하면서 배당성향도 유지할 수 있다.
경기회복이 지속되면 충분히 가능하다.
"The Spanish bank, meanwhile, is eying a slew of acquisitions including two Spanish state-owned lenders, NCG Banco and Catalunya Banc, apart from Polish lender Bank Gospodarki Zywnosciowej S.A. and Spain’s largest consumer finance business owned by El Corte Ingles."