Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000132
Chunk: 48

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 48
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 |       |     |      +13 |     | -3,144 |       |     |  -5 |       |     |       -2 |
| PBT                                         |     |    796 |       |     |  +2 |       |     |       +3 |     |  2,251 |       |     | +15 |       |     |      +17 |
| Underlying attrib. profit                   |     |    518 |       |     |  -6 |       |     |       -4 |     |  1,561 |       |     |  +4 |       |     |       +6 |
| Detailed financial information in appendix. |     |        |       |     |     |       |     |          |     |        |       |     |     |       |     |          |

| January - September2025 |     | 37 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |

| DCBE         |     | DCB EUROPE |     | Profit before tax |
| EUR 1,212 mn |     |            |     |                   |

Commercial activity and business performance Weaker car registration trends, especially in the first half of the year, and our focus on prioritizing profitability over volumes are reflected in a 5% year-on-year drop in new business volumes in constant euros. However, the stock of gross loans and advances to customers, excluding reverse repos and in constant euros, continued to rise (+3% year-on-year), mainly driven by auto balances. Customer deposits, excluding repos and in constant euros, grew 2%, particularly driven by demand deposits, in line with our strategy to increase the concentration of retail funding. Mutual funds, which represent a small amount, rose 16% in constant euros. Our access to wholesale funding markets remained strong and diversified. Results In 9M 2025 , profit before tax was 5% higher year-on-year, reaching EUR 1,212 million. In constant euros, profit before tax also increased 5%, as follows: • Total income grew 2%, mainly driven by strong net interest income (+7%), underpinned by our focus on margin management, as well as volumes growth, which more than offset the impact on net fee income from new insurance regulation in Germany and weaker car registration trends, particularly in the first half of