Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 42

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 42
---
 2,548 +21.4% Gains (losses) on financial transactions and other 540 567 447 190 391 482 560 341 -39.1% 1,744 1,775 +1.8% Total revenue 1,977 1,901 1,815 1,653 2,069 2,049 2,106 2,119 +0.6% 7,346 8,343 +13.6% Operating expenses (736) (762) (852) (996) (876) (919) (978) (1,033) +5.5% (3,345) (3,807) +13.8% Net operating income 1,240 1,139 964 658 1,193 1,130 1,128 1,087 -3.6% 4,001 4,537 +13.4% Net loan-loss provisions 22 (32) 42 (194) (40) (55) (62) (17) -72.7% (162) (174) +7.3% Other gains (losses) and provisions (101) (27) (27) (21) (78) (46) (101) (129) +28.1% (176) (353) +100.1% Profit before tax 1,161 1,080 978 443 1,076 1,029 965 940 -2.5% 3,662 4,009 +9.5% Consolidated profit 794 772 687 319 740 736 693 775 +11.7% 2,573 2,944 +14.4% Attributable profit 732 713 640 281 687 690 645 718 +11.5% 2,366 2,740 +15.8% Note: Variations in constant euros include Argentina in current euros to mitigate distortions from a hyperinflationary economy. Additionally, 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.

49 Wealth Management & Insurance (EUR mn) Change Change Under