Q3 2024 Banco Santander SA Earnings Call Transcript

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18 hours ago

Oct 29, 2024 / 09:00AM GMT
Jose Cantera - Banco Santander SA - Group Chief Financial Officer

The presentation will start with our CEO, Hector Grisi's comments, followed by my more detailed explanation of the P&L. He will have his concluding remarks and then we will open it up for questions, Hector. Please go ahead.

Hector Grisi Checa - Banco Santander SA - Chief Executive Officer, Executive Director

Thank you very much, Jose. Good morning to everyone and thank you for joining us. Today's presentation, as always, first, I will talk about our results in the context of our study. Then Jose will review our financial performance in greater detail and then I will conclude with some final messages as Jose said. We will then open the floor for all your questions.

So the main highlights of our results in this first are the following: Q3 was another record quarter for Santander, which continues to demonstrate the benefits from the execution of our strategy and the resilience of our business model, profit reached EUR3.3 billion 12% above the Q3 of '23. On the back of a solid franchise

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