SANTANDER (dpa-AFX) - Banco Santander SA (BNC.L, BSBR, SAN), the largest bank in Spain, Thursday reported a rise in first-half profit despite a slight decline in net interest income.
For the six months to June, profit attributable to the company increased to 2.756 billion euros or 0.236 euro per share, from 2.25 billion euros or 0.214 euro per share a year ago.
Net interest income declined by 1.3 percent to 14.36 billion euros from 14.54 percent billion a year earlier.
Loans for the 6-month period increased by 3 percent to 734.36 billion euros.
Total non-performing ratio declined to 5.45 percent, and declined 7.59 percent in Spain.
Copyright RTT News/dpa-AFX