Santander lifts profitability goal to 15-17%, pay-out to 50% in 3-year strategyMADRID, Feb 28 (Reuters) - Spain’s Santander said on Tuesday it intends to raise its return on tangible equity ratio (ROTE) for the period 2023-2025 to between 15%-17% from a current 13.37% on the back of higher revenues and interest rates in some of its core markets in Europe, such as Spain, and in South America.
The lender also unveiled in a presentation to the Spanish supervisor a new dividend pay-out policy for the period of 50% of consolidated ordinary profit, compared to the previous policy of 40%.
馬德里，2月28日（路透社）-西班牙桑坦德銀行表示，由於歐洲核心市場（如西班牙和南美洲）的更高收入和利率，2023年至2025年的有形股本回報率（ROTE）可望從目前的13.37％提高至15％-17％。
該銀行還在向西班牙監管機構的演示中公布了一項新的股息支付政策，即在2023年至2025年期間將普通利潤的合併50％分配，而不是之前的40％。