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Santander reports AI business growth of $96M

Bank expects growth to reach $1B through 2028

Delphine LiuVaidik TrivedibyDelphine LiuandVaidik Trivedi
July 22, 2026
in Banking
Reading Time: 3 mins read
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Banco Santander said targeted deployment of AI across its operations has created €84 million ($96 million) in business value in the first half of the year.  “Our network businesses are generating strong positive jaws and our global technology platforms continue to improve productivity while we start to capture benefits from AI,” Chief Executive Hector Grisi said on the bank’s first-half earnings call today.  The bank calculates AI business value as incremental revenue, cost savings and […]

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Tags: artificial intelligence (AI)earningsEuropean bankingNewsPremiumSantander
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