Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000132
Chunk: 18

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 18
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-loss provisions |     |                |
| EUR million              |     |                |
|                          |     | constant euros |

Other gains (losses) and provisions registered a EUR 2,535 million loss compared to a EUR 3,277 million loss in 9M 2024. This comparison is mainly impacted by the charge in 9M 2024 following the discontinuation of the aforementioned platforms in PagoNxt and the full recognition of the temporary levy on revenue earned in Spain in Q1 2024, compared to its quarterly accrual in 2025, now in the ‘Tax on profit' line. Tax on profit amounted to EUR 4,121 million, 3% lower than in 9M 2024. In constant euros, it rose 1%, as a lower tax burden in some countries, mainly in Brazil, practically offset lower benefits from fiscal incentives for electric vehicles in the US and a EUR 263 million charge in 9M 2025 corresponding to the aforementioned quarterly accrual of the tax on revenue expected in Spain for the year. Profit attributable to the parent in 9M 2025 was EUR 10,337 million, 11% more than in 9M 2024 (+16% in constant euros).

| Profit attributable to the parent |     |                |
| EUR million                       |     |                |
|                                   |     | constant euros |

RoTE (post-AT1) in 9M 2025 stood at 16.1% (15.4% in 9M 2024), on track to achieve our 2025 target of approximately 16.5%. RoRWA was 2.39% (2.15% in 9M 2024) and earnings per share stood at EUR 0.66 (EUR 0.57 in 9M 2024).

Underlying results performance compared to the previous quarter In Q3 2025, no impacts outside the ordinary course of our business occurred and, therefore, no amount was recorded under the ‘net capital gains and provisions’ line. In contrast, in Q2 2025 the two aforementioned events that fall outside the ordinary course of our business and are therefore excluded from underlying income statement were recorded. As they were the same value but opposite signs, the amount in line ‘net capital gains and provisions’ was zero. As a result, underlying profit attributable to the parent and profit attributable to the parent were the same in both Q3