Spanish banking group Banco Santander has posted an attributable profit of EUR1.46bn for the fourth quarter of 2015, marginally up compared to EUR1.45bn a year ago.
Net interest income was EUR7.89bn, a rise of 2.2% from EUR7.71bn in the fourth quarter of 2014.
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The bank’s net operating income stood at EUR5.47bn, a fall of 6% from EUR5.82bn a year ago. Operating expenses increased 3.9% to EUR5.42bn from EUR5.22bn a year earlier.
For the fourth quarter of 2015, the bank’s retail banking segment posted an attributable profit of EUR1.4bn. The unit’s net interest income for the quarter was EUR7.39bn, while net operating income was EUR4.88bn.
During the same period, the bank’s global corporate banking arm registered an attributable profit of EUR321m. The division’s net interest income was EUR652m, while its net operating income was EUR760m.
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