MADRID (Reuters) – Spain’s Banco Santander <SAN.MC> said on Wednesday its third-quarter net profit rose 36 percent against the same period last year thanks to a solid performance in Brazil and Spain that offset a loss in Argentina.
Santander, the euro zone’s biggest bank by market value, reported net profit of 1.99 billion euros(1.78 billion pounds)in the period July to September. Analysts expected a net profit of 1.92 billion euros.
($1 = 0.8790 euros)
(Reporting By Jesús Aguado; editing by Paul Day)