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Santander increases profit by 19% to €3,402 million and earnings per share by 26% in Q1, reaffirms 2025 targets

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Return on tangible equity (RoTE) increased to 15.8% post-AT1 from 14.1% TNAV plus dividend per share, up 14.5%[1] Santander achieved a record attributable profit of €3,402 million in the first quarter of 2025, a 19% increase versus the same period last year thanks to record net fee income (+4%) and…

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