Company: BCDRF
Filing Date: 2025-02-05
Form Type: 6-K
Source: 0000891478-25-000037
Chunk: 35

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 35
---
193 199 228 120 222 148 140 -5.4% 846 631 -25.4% Total revenue 3,061 2,965 3,115 3,155 3,185 3,264 3,135 3,332 +6.3% 12,296 12,916 +5.0% Operating expenses (1,317) (1,291) (1,284) (1,371) (1,311) (1,307) (1,278) (1,287) +0.7% (5,263) (5,183) -1.5% Net operating income 1,744 1,675 1,831 1,784 1,874 1,957 1,857 2,045 +10.1% 7,033 7,733 +10.0% Net loan-loss provisions (916) (887) (1,177) (1,126) (1,137) (1,055) (1,121) (1,248) +11.3% (4,106) (4,562) +11.1% Other gains (losses) and provisions (71) (39) (78) (60) (118) (180) (112) (530) +375.0% (250) (939) +276.0% Profit before tax 756 748 576 597 619 722 624 267 -57.2% 2,677 2,232 -16.6% Consolidated profit 587 635 489 540 537 668 508 225 -55.8% 2,251 1,938 -13.9% Attributable profit 488 539 417 457 464 606 437 155 -64.5% 1,901 1,663 -12.5% Note: 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.

41 Digital Consumer Bank (Constant EUR mn) Change Change Underlying income statement Q1'23 Q2'23 Q3'23 Q4'23 Q1'24