Banco Santander Totta increases profits by 36% in 2016
Banco Santander Totta registra aumento de 36% no lucro de 2016
Intel ID : 244698
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Banco Santander Totta, a Lisbon-based financial institution, ended 2016 with a net profit of EUR 395.5m, an increase of 36% over 2015, reported Jornal de Negócios on 25 January 2017. According to the news, the results were driven by net income, which increased 31% to EUR 731m, and by commissions, which grew 16.1% to EUR 305.7m. These increases offset falls in the insurance area (down 27.2% to EUR 10.3m), contributing to a 6.4% increase in net banking income to EUR 1,197m.
(content in portuguese)
O Banco Santander Totta, instituição financeira com sede em Lisboa, terminou 2016 com um resultado líquido de EUR 395,5m, o que representa um crescimento de mais 36% frente ao mesmo período do ano de 2015, segundo publicou o Jornal de Negócios no dia 25 de janeiro de 2017. Segundo a notícia, as resultados foram impulsionados pela margem financeira, que avançou 31% para EUR 731m, e pelas comissões, que cresceram 16,1% para EUR 305,7m. Estas subidas mais do que compensaram as quedas da área seguradora (menos 27,2% para EUR 10,3m), contribuindo para uma subida do produto bancário de 6,4%, para EUR 1.197 m. |
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| Intel ID | 244698 | |
| Value | ND | |
| Native Currency | Euro (EUR) | |
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Financial Data - Banco Santander Totta
(31 Dec 2012) |
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25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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