Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000080
Chunk: 14

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 14
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 8,465 9,003 8,805 9,310 9,048 Q1'24 Q2 Q3 Q4 Q1'25 14,828 15,216 15,186 16,106 15,537 Retail Consumer Retail and Consumer represent 70% of the Group’s total costs CIB Wealth CIB, Wealth and Payments represent 30% of the Group’s total costs Efficiency Total revenue Constant € mn Recurrency (% fees / costs) Note: data and YoY % changes in constant euros. Contribution to Group costs as a percentage of total operating areas, excluding the Corporate Centre. Costs in real terms are calculated in constant euros and excluding the impact from weighted average inflation. GROUP RETAIL AND CONSUMER 43.7% 42.8% 42.4% 41.8% 41.6% 10,885 11,129 Q1'24 Q1'25 4,460 4,469 Q1'24 Q1'25 1,618 1,828 Q1'24 Q1'25 1,816 1,932 Q1'24 Q1'25 +2% +0% +13% +6% 40.9% 40.2% Payments 90.2% 94.6% +7% Costs Constant € mn Net fee income Constant € mn Costs Constant € mn -1% YoY in real terms YoY in current euros-1% Constant € mn Constant € mn Constant € mn

22 2,949 2,984 2,989 3,142 3,161 Q1'24 Q2 Q3 Q4 Q1'25 Solid credit quality with improvement across most of our businesses Note: CoR - provisions to cover losses due to impairment of loans in the last 12 months / average customer loans and advances of the last 12 months. Data in constant euros. Stages in current euros. CoR 12 month LLPs • CoR improved YoY, improving in most of our businesses • Better credit quality YoY, backed by record low unemployment rates in most countries and easing monetary policies • NPL ratio of 2.99%, improving YoY and QoQ. NPL coverage and stages stable CREDIT QUALITY • In Retail, which represents c.45% of Group LLPs, CoR improved YoY to 0.91%, with good performances across our main countries, and stable