Santander Reaffirms 2028 Targets Amid Economic Risks

Santander expects its diversified model to mitigate risks from inflation while targeting higher profits. Acquisitions and AI will drive growth through 2028.

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Banco Santander, S.A. has reaffirmed its financial targets for the 2026–2028 period, citing a resilient, diversified business model that serves as a buffer against global economic uncertainty. The euro zone’s largest bank by market value reported a strong start to 2026, maintaining its trajectory toward meeting its 2026 goals through sustained client growth and rising revenues. Costs are projected to decrease year-on-year when measured in constant euros.

The Santander logo is displayed in an illustrative photo from late 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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