Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 24

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 24
---
 revenue 13,854 14,039 14,516 14,205 15,036 15,432 15,405 16,338 +6.1% 56,614 62,211 +9.9% Operating expenses (6,112) (6,238) (6,346) (6,340) (6,429) (6,281) (6,450) (6,874) +6.6% (25,035) (26,034) +4.0% Net operating income 7,743 7,801 8,171 7,866 8,607 9,151 8,955 9,464 +5.7% 31,579 36,177 +14.6% Net loan-loss provisions (2,829) (2,818) (3,154) (3,293) (3,016) (3,051) (3,057) (3,209) +5.0% (12,094) (12,333) +2.0% Other gains (losses) and provisions (826) (818) (651) (735) (1,110) (1,250) (903) (1,554) +72.0% (3,031) (4,817) +58.9% Profit before tax 4,088 4,164 4,365 3,837 4,481 4,850 4,995 4,701 -5.9% 16,454 19,027 +15.6% Consolidated profit 2,856 2,918 3,114 3,128 3,048 3,423 3,641 3,633 -0.2% 12,016 13,744 +14.4% Attributable profit 2,565 2,627 2,842 2,871 2,788 3,156 3,300 3,330 +0.9% 10,905 12,574 +15.3% Note: Variations in constant euros include Argentina in current euros to mitigate distortions from a hyperinflationary economy. Additionally, from Q2 2024 onwards for the Argentine peso, we apply an alternative exchange rate that better reflects the evolution of inflation (we continue to apply the official ARS exchange rate to all