MADRID (AP) — MADRID (AP) — Banco Santander SA (SAN) on Wednesday reported net income of $3.48 billion in its fourth quarter.
The bank, based in Madrid, said it had earnings of 21 cents per share.
The financial holding company posted revenue of $17.1 billion in the period. Its revenue net of interest expense was $17.1 billion, exceeding Street forecasts.
For the year, the company reported profit of $13.61 billion, or 83 cents per share. Revenue was reported as $66.96 billion.
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