Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000035
Chunk: 7

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 7
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2023 2024 6.7 6.9 2023 2024 442 498 Dec-23 Dec-24 3.5 4.0 2023 2024 +12% +13% Collaboration fees (€bn) Revenue growth including ceded fees (€bn) Assets under management (€bn) +12% 3.0 3.4 2023 2024 Cost per transaction (€cents, Payments) 

# transactions (bn per month) Payments volume (€bn) 2.9 2.8 2023 2024 -1% Success from our transformation Recurrency ratio (% fees / costs) 62.9 67.0 2023 2024 +4.0pp +9.6pp 103.8 113.4 2023 2024 Total revenue (€bn, PagoNxt) Recurrency ratio (% fees / costs) 24.8 27.5 2023 2024 EBITDA margin (%, PagoNxt) +2.7pp+14% +20% +5.1pp 5.5 6.2 2023 2024 Like for like Like for like Note: data and YoY changes in constant euros. Assets under management includes deposits and off-balance sheet assets. Revenue including ceded fees includes all fees generated by Santander Asset Management and Insurance, even those ceded to the commercial network, which are reflected in Retail’s P&L. Transactions include merchant payments, cards and electronic A2A payments. Payments volume include PagoNxt Total Payments Volume (TPV) in Getnet and Cards turnover. Like-for-like excludes perimeter effects such as the decision of discontinuing the merchant platform in Germany and Superdigital in June 2024, among others. +13%
11 +51bps EPS +18% YoYZero day-one impact from Basel III 12.8-1.00 -0.5912.3 +2.09 Dec-23 Net organic generation Shareholder remuneration Regulatory & models Dec-24 4.76 5.24 5.44 Dec-23 Dec-243 Note: zero day-one impact from Basel III under the final texts published in June 2024 of Regulation 2024/1623 (CRR3) and Directive 2024/1619 (CRD6). However, during 2025 the publication of ECB guides