0750 GMT - Banco Santander's plans to keep a lid on costs and distribute profits to shareholders will be front and center at the bank's investor day in London, RBC Capital Markets says in a research note. The Spanish lender outlined its targets through 2028. "We think the focus for investors today will be on cost control and the potential for excess capital distributions at the end of the plan," analyst Benjamin Toms says. Santander recently struck deals to gain scale in geographies where it delivered sub-optimal returns. The next leg of its story will rely on its actions to cut costs and leverage technology, he adds. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

February 25, 2026 02:55 ET (07:55 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.