07:55 AM EDT, 04/30/2024 (MT Newswires) -- Banco Santander, S.A ( SAN ) reported Q1 earnings Tuesday of 0.17 euros ($0.18) per share, up from 0.15 euros per share a year earlier.

Analysts polled by Capital IQ expected 0.17 euros per share.

Revenue for the quarter rose to 15.38 billion euros from 13.94 billion euros a year earlier. Analysts surveyed by Capital IQ expected 14.97 billion euros.

Banco Santander said it is on track to meet its 2024 targets, including mid-single digit revenue growth.

The company's shares were down 3.6% in Tuesday premarket activity.

Price: 4.86, Change: -0.18, Percent Change: -3.57