Report
Steven Gould

Santander : T2 2020 : le plus dur est-il vraiment pris en compte ? Pas sûr…

>Un trimestre marqué par d’importants one-offs… - Le groupe a publié ses chiffres au T2 2020 avec une lecture biaisée par la comptabilisation d’importants l’éléments exceptionnels. Ainsi le RN publié ressort en perte significative de 11.1 Md€ liée essentiellement à un total de 12.6 Md€ de dépréciations de GW et de DTAs, dont une large partie sur les activités au RU (~6.1 Md€) et aux USA (~2.3 Md€). Retraité de ces one-offs, le groupe a publié un RN assez nettement sup...
Underlying
Banco Santander S.A.

Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2014, Co.'s total assets amounted to Euro1,266,296,000,000 and total customer deposits amounted to Euro647,627,000,000.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Steven Gould

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch