SEC filing of the week: Banco Santander Q3 profit falls 4% as Webster acquisition adds costs
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Matthew McNulty (via Providence Business News)
PROVIDENCE – Banco Santander S.A., the parent company of Santander Bank, reported third-quarter profit of $3.95 billion on Oct. 28, down about 4% from $4.1 billion a year earlier, as acquisition-related costs weighed on reported earnings. According to the company’s filing with the U.S. Securities and Exchange Commission on Oct. 28, operating expenses rose 6.7% year […]
