Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000082
Chunk: 23

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 23
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874 19,252 +7.7% Operating expenses (7,970) (8,162) (8,661) (9,870) (8,533) -13.6% (7,970) (8,533) +7.1% Net loan-loss provisions (3,781) (3,903) (3,044) (2,179) (2,892) +32.7% (3,781) (2,892) -23.5% Profit before tax 5,962 6,419 6,789 6,818 7,360 +8.0% 5,962 7,360 +23.5%

37 Retail & Commercial Banking Brazil (EUR mn) Change Change Underlying income statement Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q1'25 / Q4'24 Q1'24 Q1'25 Q1'25 / Q1'24 Net interest income 1,759 1,740 1,695 1,600 1,534 -4.2% 1,759 1,534 -12.8% Net fee income 397 409 376 348 359 +3.1% 397 359 -9.6% Total revenue 2,117 2,180 1,975 1,948 1,878 -3.6% 2,117 1,878 -11.3% Operating expenses (843) (799) (746) (763) (761) -0.3% (843) (761) -9.8% Net loan-loss provisions (753) (751) (740) (730) (718) -1.6% (753) (718) -4.7% Profit before tax 337 408 319 288 233 -19.2% 337 233 -30.8%

38 Retail & Commercial Banking Brazil (Constant EUR mn) Change Change Underlying income statement Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q1'25 / Q4'24 Q1'24 Q1'25 Q1'25 / Q1'24 Net interest income 1,537 1,586 1,674 1,619 1,534 -5.2% 1,537 1,534 -