Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000076
Chunk: 6

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 6
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1 costs.

Corporate Communications Ciudad Grupo Santander, edificio Arrecife, planta 2 28660 Boadilla del Monte (Madrid) comunicacion@gruposantander.com www.santander.com - Twitter: @bancosantander 5 business further improved profitability, with a RoTE of 21.6% post-AT1, while also helping to maintain one of the best efficiency ratios among peers. Wealth Management & Insurance, which includes the group’s private banking, asset management and insurance businesses, increased its attributable profit 28% to €471 million, benefitting from solid revenue performances across businesses. Assets under management (AuMs) reached new record levels with €511 billion, backed by positive commercial dynamics, both in Private Banking (+9% growth in customers) and Santander Asset Management (+14% AuMs), and positive market performance. Payments generated an attributable profit of €126 million, up 30% due to the double-digit growth in net interest income and net fee income, with flat costs, partially offset by the increase in provisions in Cards in Brazil and Mexico. The cost per transaction in PagoNxt has improved 6% to €3.3 cents after growing the number of transactions by 10% to 3.5 billion per month. In PagoNxt, the EBITDA margin increased 11.6 percentage points to 28.6% and the total payments volume in the merchant payments business (Getnet) increased 14% to €56 billion. In PagoNxt Payments, the number of transactions account to account with the Payment Hub platform was 454 million, triple the volume a year ago (159 million). Spending in the Cards business was 7% higher, reaching €81 billion, while the number of cards managed by the group increased 3% worldwide to 106 million. Revenue from the cards business increased 13%, with a RoTE of 19.2% post-AT1. Banco Santander is one of the largest banks in the world with 207,000 employees serving 175 million customers, 3.4 million shareholders, and a market capitalization at the end of the March of €93.9 billion.

Corporate Communications Ciudad Grupo Santander, edificio Arrecife, planta 2 28660 Boadilla del Monte (Madrid) comunicacion@gruposantander.com www.santander.com - Twitter: @bancosantander 6 Key consolidated data (from financial report