Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 44

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 44
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 (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.

50 Wealth Management & Insurance (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 334 390 406 374 420 401 410 396 -3.4% 1,505 1,627 +8.2% Net fee income 307 314 313 315 360 351 370 409 +10.5% 1,249 1,489 +19.2% Gains (losses) on financial transactions and other 114 117 105 83 101 135 160 149 -6.8% 419 545 +30.1% Total revenue 755 821 824 772 881 887 939 954 +1.5% 3,172 3,661 +15.4% Operating expenses (289) (290) (294) (330) (303) (306) (319) (385) +20.7% (1,203) (1,313) +9.2% Net operating income 465 532 530 442 578 581 620 568 -8.3% 1,969 2,348 +19.3% Net loan-loss provisions 1 14 (3) 5 (4) (10) (11) (17) +57.4% 17 (41) — Other gains (losses) and provisions (24) (11) 1 17 (24) (5) (3) (15) +455.0% (18) (48) +170.3% Profit before tax 442 535 528 464 550 566 606 536 -11.6% 1,968 2,259 +14.8% Consolidated profit 334 409 404 372 414 431 473 410 -13.1% 1,518 1,728 +13.8% Attributable profit 315 390 390 353 395 412