Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000080
Chunk: 30

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 30
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 LLPs and other provisions -129 -42 Tax and minority interests 37 -18 Attributable profit -394 -357 (*) € mn.

47 Detail by country

48 Spain and UK Note: Mar-25 data and YoY changes (loans, deposits and mutual funds in constant euros). (1) YoY attributable profit growth if we accrue the 2024 temporary levy on revenue earned in Spain, in line with the criteria used for the banking tax in Spain in 2025. SPAIN UK Underlying P&L* Q1'25 % Q4'24 % Q1'24 NII 1,779 -1.2 -2.0 Net fee income 767 13.4 2.9 Total revenue 3,130 7.0 3.8 Operating expenses -1,049 -7.5 1.6 Net operating income 2,081 16.1 4.9 LLPs -304 -5.6 -8.3 Attributable profit 1,147 23.9 48.6 (*) € mn and % change. Underlying P&L* Q1'25 % Q4'24 % Q1'24 % Q1'24¹ NII 1,298 -0.8 6.9 9.5 Net fee income 82 35.5 2.0 4.5 Total revenue 1,341 -0.8 4.1 6.7 Operating expenses -720 -4.4 -4.3 -1.9 Net operating income 621 3.8 15.9 18.7 LLPs -52 — 195.2 202.4 Attributable profit 285 -13.6 -9.0 -6.7 (*) € mn and % change in constant euros. (1) % change in current euros. Loans €229bn 0% Deposits €299bn 0% Mutual funds €97bn +17% Efficiency 33.5% -0.7pp CoR 0.49% -10bps RoTE post-AT1 25.5% +8.3pp Loans €234bn -3% Deposits €220bn -5% Mutual funds €7bn -2% Efficiency 53.7% -4.7pp CoR 0.04% -4bps RoTE post-AT1 9.2% -0.7pp •