Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 48

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 48
---
1,091) (1,160) +6.3% Net operating income (34) (18) 48 53 (21) 4 23 75 +231.0% 49 80 +62.7% Net loan-loss provisions (6) (6) (10) (1) (4) (5) (3) (4) +9.1% (24) (16) -32.5% Other gains (losses) and provisions (2) (10) (6) (23) (2) (256) (15) (23) +54.1% (42) (296) +611.6% Profit before tax (43) (34) 31 29 (27) (258) 4 48 +997.8% (17) (233) — Consolidated profit (57) (48) 6 23 (37) (265) (17) 28 — (76) (290) +281.8% Attributable profit (55) (48) 3 23 (39) (265) (21) 26 — (77) (299) +287.1% 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.

54 PagoNxt (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 9 21 23 36 29 30 36 37 +2.0% 89 132 +48.3% Net fee income 213 217 241 240 214 227 247 270 +9.4% 911 958 +5.2% Gains (losses) on financial transactions and other 16 27 19 30 29 36 35 50 +41.6% 92 150 +62.5% Total revenue 238 265 283 305 271 293 318 357 +12.1