As expected, the quarter showed ongoing top-line momentum and a stable operating performance. At this stage, the slight quarterly deterioration in asset quality trends just corresponds to a normalisation after particularly benign conditions and is therefore not worrying.

30 Jan 2019
Ongoing top-line momentum

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Ongoing top-line momentum
Banco Santander, S.A. (BNC:LON) | 630 25.2 0.6% | Mkt Cap: 93,703m
- Published:
30 Jan 2019 -
Author:
David Grinsztajn -
Pages:
2 -
As expected, the quarter showed ongoing top-line momentum and a stable operating performance. At this stage, the slight quarterly deterioration in asset quality trends just corresponds to a normalisation after particularly benign conditions and is therefore not worrying.