Q1: 2026-04-29 Earnings Summary
EPS of $0.27 misses by $0.02
|
Revenue of
$17.68B
(0.35% Y/Y)
beats by $57.46M
Banco Santander, S.A. (SAN) Q1 2026 Earnings Call April 29, 2026 4:00 AM EDT
Company Participants
Raul Sinha - Global Head of Shareholder Relations
Hector Blas Grisi Checa - Group CEO & Executive Director
José Antonio García Cantera - Senior EVP & Group CFO
Conference Call Participants
Ignacio Ulargui - BNP Paribas, Research Division
Alvaro de Tejada - Morgan Stanley, Research Division
Andrea Filtri - Mediobanca - Banca di credito finanziario S.p.A., Research Division
Cecilia Romero Reyes - Barclays Bank PLC, Research Division
Francisco Riquel - Alantra Equities Sociedad de Valores, S.A., Research Division
Miruna Chirea - Jefferies LLC, Research Division
Carlos Peixoto - Caixa Banco BPI, Research Division
Ignacio Cerezo Olmos - UBS Investment Bank, Research Division
Sofie Caroline Peterzens - Goldman Sachs Group, Inc., Research Division
Britta Schmidt - Bernstein Autonomous LLP
Borja Ramirez Segura - Citigroup Inc., Research Division
Pablo de la Torre Cuevas - RBC Capital Markets, Research Division
Presentation
Raul Sinha
Global Head of Shareholder Relations
Good morning, everyone, and thank you [Audio Gap] as Q1 2026 results presentation. Today's presentation will follow the usual structure. First, Hector will talk about our results with a special focus on the performance of our global businesses in the context of our new strategic cycle. Then Jose will give a deep dive on our financials. And then Hector will close the presentation with his final remarks before opening up for Q&A.
Before we start, let me remind you that this is the first quarter that we are presenting our results after the disposal of Santander Polska and using the new group reporting structure we announced in February. As a result, all underlying metrics exclude impacts from Poland, both in 2025 and 2026 to make the accounts comparable. Now Hector, floor is yours.
Hector Blas Grisi Checa
Group CEO & Executive Director
Thanks, Raul, and good morning, everyone. Q1 was another excellent quarter for Santander, demonstrating
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