“Underlying profit has increased in seven of our ten core markets, with the US our fastest growing market again, increasing attributable profit by 46% year-on-year, while Brazil and Mexico are maintaining the positive momentum established in recent years. This has been achieved despite a difficult operating environment, particularly in the UK and Europe.
Looking forward, we continue to invest in digital transformation, which together with our unique geographic footprint creates significant opportunities for profitable growth. We are confident we will achieve our medium-term targets, including a RoTE of 13-15%.”

ANA BOTÍN, GROUP EXECUTIVE CHAIRMAN OF BANCO SANTANDER