By Helena Smolak
Santander said it expects to pay out more than 6 billion euros ($6.52 billion) in dividends and share buybacks for this year.
The Spanish lender is on track to meet its 2024 targets and expects to reach a 16% return on tangible equity in the first quarter, it said Friday ahead of its annual general meeting.
It expects first quarter income to rise by around 9% from the same period a year earlier, driven by growing customer numbers.
Write to Helena Smolak at helena.smolak@wsj.com
(END) Dow Jones Newswires
03-22-24 0322ET