This is what they will pay their shareholders

He Banco Santander, BBVA and CaixaBank They pay dividends to their shareholders this week. Santander will begin this Monday, whose shareholders will receive a dividend of 11.5 euro cents per share charged to the 2025 results, an amount that is 15% higher than distributed in the same period of the previous year and represents a disbursement of around 1,712 million euros.

This dividend is added to the one paid last May of 11 cents charged to 2024 results, with which the bank will have remunerated its shareholders in cash this year with 22.5 cents per share, a figure 15% higher than that of 2024.

In addition, the entity chaired by Ana Botín has a first share repurchase program underway charged to the 2025 results for a maximum amount of 1,700 million euroswhich began last July 31.

Altogether, the total shareholder remuneration against the results of the first half of the year will reach approximately 3,400 million euros, 11% higher than its equivalent in 2024 and approximately 50% of the half-year profit, with a distribution of around 25% in cash and another 25% in buyback.

Santander pays two dividends, one interim in November and another final one in May of the following year. It remains to be seen what the amount of the latter will be for the 2025 results. It is worth remembering that the bank earned a record of 10,337 million until September, 11% more than in 2024. After Santander, BBVA and CaixaBank will coincide in rewarding their shareholders next Friday.

Record figure at BBVA: 32 cents per share

In the case of BBVA, the dividend amounts to 32 cents per sharea record figure and 10.3% higher than the 29 cents of the previous year. The bank announced it in the middle of the acceptance period for the takeover bid for Banco Sabadell, which was finally rejected by the shareholders of the Catalan bank.

The dividend represents a disbursement of 1,842 million and is charged to the results of 2025a year in which, until September, BBVA earned 7,978 million, also a record and 4.7% more than the previous year.

BBVA’s shareholder remuneration policy contemplates a payout or percentage of the profit that goes to shareholder remuneration of between 40% and 50%, being able to combine cash and share repurchases. BBVA usually distributes one on account in the current year and a complementary one, which is paid once the year has closed, and the latter remains to be known.

This past Friday, the bank has just begun the execution of a share buyback for an amount of 993 million, the third as ordinary remuneration after those of 2022 and 2023, and The amount of a “significant” buyback is pendingonce the bid for Sabadell has declined.

CaixaBank: 16.79 cents

As to CaixaBank, on Friday, will also pay its shareholders a dividend of 16.79 cents, 12.8% higher than what it paid last year. This is an interim dividend for 40% of the net profit for the first half of 2025, which is complemented by another payable in April of next year.

CaixaBank’s dividend will also be collected by the State through the Fund for Orderly Bank Restructuring (FROB) for its 18.1% of the capital. Specifically, of the 1,181 million that the dividend will meanapproximately 214 million will correspond to the FROB.

The bank headed by Gonzalo Gortázar has established a shareholder remuneration policy of distribution of between 50% and 60% of net profit through two dividends. Additionally, excess capital will be distributed via dividend or share repurchase. For this year, the surplus of 12.25% of CET1 will be distributed.

Precisely last Friday, after announcing a profit of 4,397 million euros between January and September, 3.5% more, the entity announced the dividend that it will pay this Friday and a new share repurchase program, the seventh, por amount of 500 million euros, when the one being executed approaches its end, with an execution level of 88%.