AEB banks obtain a profit of €15.125 billion in 2021
The improvement in recurring margins of the income statement and lower provisioning and write-down requirements, following the significant effort made in the previous year, explain the return to profitability in 2021.
Spanish banks post profits of €7.19 billion through June
The absence of the large write-downs recorded in 2020 to anticipate the potential effects of the crisis arising from the pandemic has enabled results to return to normal and has brought return on equity (ROE) to slightly above 7%, the highest ratio in the last ten quarters.
Spanish banks report a profit of 11.199 billion through September, up 11%
Lower provisioning requirements and improved results from the sale of non-current assets, including foreclosed properties, account for most of the profit performance, which also reflects a slight decrease in operating expenses in line with the reduction of the balance sheet.
Spanish banks obtain a profit of €7.12 billion through June, 2.3% higher
Lower provisions requirements, maintenance of recurring margins in the profit and loss statement, and cost containment drive the profit of Spanish banks through June, despite the average balance sheet being lower than a year earlier.
Spanish banks post profits of €3,993 million through March, up 15.3%
Lower provisioning needs and cost containment explain the profit performance of Spanish banks in the first quarter of 2018, achieved in a scenario of very low, even negative, interest rates in Europe.
José María Roldán, re-elected president
The AEB General Assembly has today re-elected José María Roldán Alegre as president of the Spanish Banking Association for a new four-year term. Roldán was first elected president of the AEB in April 2014.
Spanish banks obtained an attributable profit of €12.06 billion in 2017
The growth in income, the containment of operating expenses, and lower provisioning requirements for non-performing loans explain the increase in results, despite the specific write-downs undertaken in the final quarter of the year.
AEB banks obtain attributed profit of €6,964 million during the first half, with an 18.6% annual increase
Gross margin increases by 3% due to the improvement in net interest income and net fee and commission income. The non-performing loan ratio continues to decline, to 5.2%, more than half a percentage point lower than in June 2016, with coverage of 66% of balances considered non-performing.
AEB banks report attributable profit of €3,465 million in the first quarter of 2017
All income statement margins improve, with an 18% year-on-year increase in operating profit.
Non-performing loans fall to 5.5%, with coverage of 66% of balances recorded as doubtful.
Equity stands at levels close to the maximum and represents 7.6% of total assets.
Spanish banks recorded an attributable profit of 7,987 million euros in 2016
Spanish banks recorded an attributable profit of 7,987 million euros in 2016, representing a 23.1% decrease compared to the previous year.