Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000132
Chunk: 9

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 9
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17.6%.

u In Consumer , attributable profit was EUR 1,561 million (+6%), driven by improvements in net interest income, provisions and other results and provisions, which more than offset weaker trends in other revenue and the impact of lower fiscal benefits following reduced electric vehicle demand. u The efficiency ratio stood at 40.9%, cost of risk improved to 2.06% and RoTE (post-AT1) was 10.4%.

u In CIB , attributable profit increased double digits to EUR 2,168 million, driven by higher revenue, supported by a rise in net interest income in Global Markets and a higher net fee income across business lines. u The efficiency ratio stood at 44.9%. RoTE (post-AT1) improved 2.3 pp to 19.7%.

u In Wealth , attributable profit amounted to EUR 1,439 million, also rising double-digits, driven by net fee income, the good performance of our joint ventures in Insurance and our Portfolio Investments business. u The efficiency ratio improved 1.3 pp to 35.9% and RoTE (post-AT1) was 66.0%.

u In Payments , attributable profit reached EUR 558 million, boosted by double-digit growth in net interest income and net fee income, with costs falling 1% in real terms, more than offsetting higher provisions in part due to higher activity. u Cost of risk was 7.73%. In PagoNxt, EBITDA margin reached 31.6% (+8.9 pp year-on-year).

1. As previously announced, Santander intends to allocate at least EUR 10 billion to shareholders through share buybacks charged against 2025 and 2026 results and against the expected capital excess. This share buyback target includes i) buybacks that are part of the existing shareholder remuneration policy; and ii) additional buybacks following the publication of annual results to distribute year-end excesses of CET1 capital. The implementation of the shareholder remuneration policy and additional buybacks are subject to future corporate and regulatory decisions and approvals.

2. Net Promoter Score, internal benchmark of individual customers' satisfaction audited by Stiga/Deloitte in H1 2025.

3. As % of total operating areas, excluding the Corporate Centre.

| January - September2025 |     | 9 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by