Cembra expects Santander deal to boost earnings per share from 2027
SAN•Cembra expects its acquisition of Santander’s Swiss vehicle financing business to boost earnings per share from 2027 and increase group return on equity by around 25 basis points from 2028. The deal adds around CHF 800 million to its financing portfolio, with CHF 670 million consolidated on November 2, 2026, and the remainder due in 2027.
1. Expected earnings boost
Cembra expects its acquisition of Santander’s Swiss vehicle financing business to boost earnings per share from 2027. The transaction is expected to increase group return on equity by around 25 basis points from 2028 and adds around CHF 800 million to the financing portfolio. CHF 670 million was consolidated on November 2, 2026, with the remainder to follow in 2027.
