Santander shares lift as profits are revised up by €90m

(Source: Reuters)

Spanish bank Santander has changed their accounting methodology and revised their profit accordingly from €2.205bn (as reported on 31 January) to €2.295bn for 2012. Net profit in 2011 has been revised down from €5.351bn to €5.33bn.

Shares in the bank are up by 1.2 per cent for the day on the news:

(Source: Yahoo! Finance)