Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000130
Chunk: 5

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 5
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 current euros are available in the financial report. Retail & Commercial Banking’s attributable profit grew 9% to €5,670 million, driven by higher net fee income supported by solid commercial dynamics, lower provisions in line with prudent credit risk management, and tight cost control reflecting the bank’s transformation efforts and efficiencies from the common operating model. ONE Transformation is delivering solid results, reflected in higher digital sales (+13%) and strong profitability levels, with RoTE of 17.6% post-AT1. Loans were stable, in line with the bank’s strategic focus on profitability, while deposits rose 4%, driven by good performances across most countries. Digital Consumer Bank’s attributable profit rose 6% to €1,561 million, supported by improvements in net interest income across most markets and lower provisions. The efficiency ratio and cost of risk stood at 40.9% and 2.06%, respectively. Loans increased 2%, driven by auto (+4%), and deposits rose 5%, with solid growth in both Europe and Note: YoY changes in constant euros. (*) Payments YoY variation excluding the PagoNxt write-downs in Q2’24 of our investments related to our merchant platform in Germany and Superdigital in Latin America (€243mn, net of tax and minority interests). Contribution to Group revenue as a percentage of total operating areas, excluding the Corporate Centre. Global businesses’ RoTEs are adjusted based on Group’s deployed capital; targets have been adjusted for AT1 costs.

Corporate Communications Ciudad Grupo Santander, edificio Arrecife, planta 2 28660 Boadilla del Monte (Madrid) comunicacion@gruposantander.com www.santander.com 5 the Americas. The bank continued to strengthen Openbank’s value proposition, with the launch of a cryptocurrency trading service and a broker platform with AI-based analysis in Germany. Earlier this month, Santander also announced the merger of Openbank and Santander Consumer Finance (SCF) in Europe into a single legal entity. The bank will gradually operate its European consumer finance businesses under the Openbank brand to further enhance its customer offering. Germany will be the first market to begin integration. CIB (Corporate & Investment Banking) reported a record attributable profit of €2,168 million (+10%), driven by solid revenue growth (+6%) supported by strong net interest income and fee income. CIB recorded robust activity, mainly driven by growth initiatives in Global Markets and Global Banking. The strategic focus on fee generation and capital- light businesses further