Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000134
Chunk: 13

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 13
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 -23 -21 -19 -17 Attributable profit 10,337 9,309 11 16 12 17 Group P&L Group excl. ArgentinaGroup +8% +11%

18 14,541 14,919 14,883 15,797 15,227 15,592 15,459 Q1'24 Q2 Q3 Q4 Q1'25 Q2 Q3 • >95% of total revenue is customer related • Solid revenue increase YoY across lines, with all businesses growing in a more challenging environment, reflecting the benefits of our model • In the quarter, revenue flat excluding Argentina. Of note, strong growth in Consumer and Payments • Retail: positive performance across most countries with strong fees • Consumer up driven by NII, across almost all our footprint, as a result of our focus on profitability and lower funding costs • CIB: record 9M revenue on the back of an excellent start to the year in Global Markets • Wealth up double digits. All business lines growing on the back of our focus on fee activities, record AuMs and favourable market performance • Payments boosted by double-digit growth in NII and fees, in both PagoNxt and Cards, driven by strong activity Revenue growth underpinned by customer activity across our businesses Note: data and YoY % changes in constant euros. TOTAL REVENUE GROUP DETAIL BY BUSINESS Constant € mn 46,277 44,344 +137 +315 +337 +346 +711 +87 9M'24 Retail Consumer CIB Wealth Payments CC 9M'25 YoY growth +1% +3% +6% +13% +19% +4% +4%

19 • >80% of Group NII is from our Retail and Consumer businesses • Excluding Argentina, NII up 3% YoY, in a less favourable environment, with most businesses growing: − Retail +1%, on the back of active balance sheet management, particularly in Chile, Mexico and the UK − Consumer rose 6%, with growth across almost all our footprint supported by volumes in DCB Europe and LatAm and better spreads − CIB +16% YoY, with lower funding costs in Global Markets − Payments +23%, driven by volumes across most countries in Cards • In the quarter, NII affected by Argentine peso depreciation − Retail impacted by negative sensitivity to higher interest rates in Brazil and lower UF in Chile. Positive trends in Mexico and the US − Consumer increased, boosted