Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000080
Chunk: 34

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 34
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1) % change in current euros.

51Note: Mar-25 data and YoY changes (loans, deposits and mutual funds in constant euros). BRAZIL CHILE Underlying P&L* Q1'25 % Q4'24 % Q1'24 % Q1'24¹ NII 2,402 -1.5 4.5 -8.7 Net fee income 793 -7.0 7.2 -6.3 Total revenue 3,223 -2.3 5.2 -8.1 Operating expenses -1,059 -1.2 4.8 -8.4 Net operating income 2,165 -2.9 5.4 -7.9 LLPs -1,166 7.2 14.8 0.2 Attributable profit 509 -21.9 3.8 -9.3 (*) € mn and % change in constant euros. (1) % change in current euros. Underlying P&L* Q1'25 % Q4'24 % Q1'24 % Q1'24¹ NII 512 -2.0 43.5 45.6 Net fee income 151 6.9 16.0 17.6 Total revenue 722 -0.3 35.0 36.9 Operating expenses -249 5.8 9.5 11.0 Net operating income 473 -3.2 53.9 56.1 LLPs -156 30.0 22.7 24.5 Attributable profit 185 -6.9 101.3 104.1 (*) € mn and % change in constant euros. (1) % change in current euros. Loans €94bn +3% Deposits €84bn +8% Mutual funds €54bn +12% Efficiency 32.8% -0.1pp CoR 4.61% -18bps RoTE post-AT1 14.4% -0.3pp Loans €42bn 0% Deposits €30bn +3% Mutual funds €13bn +19% Efficiency 34.5% -8.0pp CoR 1.26% +41bps RoTE post-AT1 18.2% +9.2pp • Loans rose across global businesses except in CIB. Deposits up (migration to time) and mutual funds grew double