MADRID (AP) — MADRID (AP) — Banco Santander SA (SAN) on Wednesday reported net income of $3.45 billion in its second quarter.

The Madrid-based bank said it had earnings of 22 cents per share.

The financial holding company posted revenue of $16.87 billion in the period. Its revenue net of interest expense was $16.87 billion, which beat Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAN at https://www.zacks.com/ap/SAN