Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 41

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 41
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 (771) (865) (1,010) (888) (930) (965) (1,024) +6.1% (3,387) (3,807) +12.4% Net operating income 1,263 1,181 1,003 694 1,225 1,146 1,107 1,059 -4.4% 4,140 4,537 +9.6% Net loan-loss provisions 24 (31) 49 (206) (40) (56) (61) (17) -73.1% (165) (174) +5.7% Other gains (losses) and provisions (104) (28) (28) (21) (78) (46) (100) (129) +28.9% (181) (353) +95.3% Profit before tax 1,183 1,122 1,023 466 1,107 1,044 946 913 -3.4% 3,795 4,009 +5.7% Consolidated profit 807 800 717 334 760 746 682 756 +10.9% 2,658 2,944 +10.8% Attributable profit 742 736 667 295 705 700 633 701 +10.7% 2,440 2,740 +12.3% Note: 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 prior periods). For further information, see the 'Alternative performance measures' section in the appendix to the quarterly report.

48 Corporate & Investment Banking (Constant EUR mn) Change Change Underlying income statement Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q4'24 / Q3'24 2023 2024 2024 / 2023 Net interest income 833 807 862 1,002 1,033 948 925 1,115 +20.5% 3,503 4,020 +14.8% Net fee income 603 527 507 461 645 619 621 663 +6.8% 2,099