Santander BanCorp Will Publish Its 2005 Fourth Quarter Earnings Release After February 8th
January 23 2006 - 4:53PM
PR Newswire (US)
SAN JUAN, Puerto Rico, Jan. 23 /PRNewswire-FirstCall/ -- Santander
BanCorp (the Corporation) (NYSE: SBP; LATIBEX: XSBP), announced
today that it will publish its 4th quarter earnings release after
February 8, 2006, when Banco Santander Central Hispano (Santander
Spain), the Corporation's majority shareholder, will announce its
results. The change of date is consistent with the policy of the
Corporation's majority shareholder. Santander BanCorp is a publicly
held financial holding company that is traded on the New York Stock
Exchange (SBP) and on Latibex (Madrid Stock Exchange) (XSBP). 91%
of the outstanding common of Santander BanCorp is owned by Banco
Santander Central Hispano, S.A (Santander - Spain). The Corporation
has four wholly owned subsidiaries, Banco Santander Puerto Rico,
Santander Securities Corporation, Santander Insurance Agency and
Santander Financial Services, Inc. Banco Santander Puerto Rico has
been operating in Puerto Rico for nearly three decades. It offers a
full array of services through 64 branches in the areas of
commercial, mortgage and consumer banking, supported by a team of
over 1,600 employees. Santander Securities offers securities
brokerage services and provides portfolio management services
through its wholly owned subsidiary Santander Asset Management
Corporation. Santander Insurance Agency offers life, health and
disability coverage as a corporate agent and also operates as a
general agent. Santander Financial Services, Inc. through its
business unit, Island Finance will provide consumer loans and real
estate-secured loans to customers through its 70 stores in Puerto
Rico, as well as sales finance contracts through retail merchants.
For more information, visit the Corporation's website at
http://www.santandernet.com/. Santander (SAN.MC, STD.N) during 2005
ranked as the 9th largest bank in the world by market
capitalization and the largest in the Euro Zone. Founded in 1857,
Santander has 944,000 million euro in managed funds, 63 million
customers, more than 10,000 offices and a presence in over 40
countries. It is the largest financial group in Spain and Latin
America, and is a major player elsewhere in Europe, including the
United Kingdom through its Abbey subsidiary and Portugal, where it
is the third largest banking group. Through Santander Consumer, it
also operates a leading consumer finance franchise in Germany,
Italy, Spain and nine other European countries. As of September
2005, Santander recorded 3,878 million euro in net attributable
profits, 36.8% more than in the previous year. In Latin America,
Santander manages over US$140 billion in banking business volumes
(loans, deposits and mutual funds) through 4,000 offices in 10
countries. As of September 2005, Santander registered in Latin
America a net income of US$1,705 million, 20.8% higher than prior
year. DATASOURCE: Santander BanCorp CONTACT: Evelyn Vega,
+1-787-777-4546, or Maria Calero, +1-787-777-4437 Web site:
http://www.santandernet.com/
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