Webster transaction settled, Santander (SAN.US) announces three-year strategy: 2028 net profit target exceeds 20 billion euros, RoTE aiming for 20%
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According to reports, the bank has committed to increasing its annual net profit to over 20 billion euros (approximately 23.6 billion USD) by 2028, and plans to raise its core indicator reflecting profitability—Return on Tangible Equity (RoTE)—from 16.3% in 2025 to a high level above 20%.
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