Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000031
Chunk: 0

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 0
---
FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February, 2025 Commission File Number: 001-12518 Banco Santander, S.A. (Exact name of registrant as specified in its charter) Ciudad Grupo Santander 28660 Boadilla del Monte (Madrid) Spain (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

BANCO SANTANDER, S.A. ________________________ TABLE OF CONTENTS Item 1. Press Release regarding January - December 2024 Results

Corporate Communications Ciudad Grupo Santander, edificio Arrecife, planta 2 28660 Boadilla del Monte (Madrid) comunicacion@gruposantander.com www.santander.com - Twitter: @bancosantander 1 Santander reports profit of €12,574 million (up 14%) in 2024, exceeding all targets for the year Revenue up 8% (+10% in constant euros) to €62.2 billion1 Return on tangible equity (RoTE) increased to 16.3% from 15.1% Santander expects to return €10 billion to shareholders through share buybacks from 2025 and 2026 earnings and anticipated excess capital, in addition to its standard cash dividend distribution2 Madrid, 5 February 2025 - PRESS RELEASE • Net interest income increased by 8%, driven by net customer growth of eight million to 173 million. • Net fee income rose by 8%, with robust commercial dynamics and higher customer activity. • Operating expenses increased by 2%, reflecting the bank’s transformation (ONE Transformation) towards a simpler, more digital and integrated model. As a result, efficiency improved by over two percentage points to 41.8%. • Loan-loss provisions fell 1% thanks to solid credit quality driven by the bank’s low risk profile, low unemployment, good economic performance and favourable interest rates context. Cost of risk improved to 1.15% (-3 basis points). • In the fourth quarter, attributable profit grew 11% versus same period last year to €3,265 million. • Fully-loaded CET1