MADRID, July 24 (Reuters) - Spain's Santander said on Wednesday its net profit in the second quarter rose 20% compared to the same period in 2023 thanks to a solid performance of its retail business.

The euro zone second-biggest lender in terms of market value booked a net profit of 3.21 billion euros , up from 2.67 billion euros in the same quarter last year.

Analysts polled by Reuters expected Santander to book a net profit of 3.18 billion euros in the quarter.

($1 = 0.9222 euros) (Reporting by Jesús Aguado, editing by Inti Landauro)