This post was originally published on this site
Banco Santander SA on Tuesday reported an increase in net profit for the first quarter and said it is on track to meet its full-year targets.
The Spanish lender ES:SAN SAN said quarterly net profit was 2.57 billion euros ($2.84 billion) compared with EUR2.54 billion in the same period a year earlier and above analysts’ expectations of EUR2.50 billion, according to a consensus forecast provided by FactSet.
Profit…