Banking

Santander expects to pay out €6bn to shareholders after strong start to year

The bank’s annual general meeting is being held in Madrid

Santander has added two million customers this year

Santander has said it expects to beat its record high 2023 earnings this year, as it plans to hand out more than €6 billion to shareholders.

The Spain-based Banco Santander group said it was in the midst of transforming to become a “digital bank with branches”.

The update is being given to investors during its annual general meeting in Madrid. The bank said it is on track to meet its 2024 targets, having added two ...