Santander Portugal recorded profits of 963.8 million euros in 2025, a marginal growth of 0.5% compared to 2024, while profitability (RoTE) rose to 31.8%, the bank announced.
The bank highlighted a significant improvement in profitability, with RoTE increasing from 25.9% in 2024 to 31.8% in 2025, a position that Pedro Castro e Almeida described as leadership in Portugal and the Santander Group.
“It remained the most profitable bank in Portugal, the most profitable within the Santander Group and one of the most profitable in Europe”, stated the outgoing CEO during the presentation of the results — a role that will be taken over by Isabel Guerreiro from March 1st.
Pedro Castro e Almeida also referred to the use of 60% of the public guarantee line for housing loans, for a total amount of 1.1 billion euros. “There are almost 37 thousand requests”, he declared, highlighting that, for the first time, half of the new housing credit granted was intended for customers up to 35 years of age.
The bank also requested a reinforcement of the public guarantee in the amount of 150 million euros to support the mortgage loan portfolio.
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