Company: BCDRF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0000891478-25-000105
Chunk: 12

Company: Banco Santander, S.A.
Filing Date: 2025-07-30
Form: 6-K
Chunk 12
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2 Q3 Q4 Q1'25 Q2 +1% +7% Profit (€ mn) 2,710 3,069 3,209 3,226 3,357 3,476 Strong revenue performance supporting net operating income and profit growth Profit (Constant € mn) +13% Note: H1’25 ‘attributable profit' and 'underlying attributable profit’ were the same, as the ‘net capital gains and provisions’ line was zero since it includes two events that fall outside the ordinary course of our business, with equal value but opposite signs. For more information, see slide 53. All references to variations in constant euros across the presentation include Argentina in current euros to mitigate distortions from a hyperinflationary economy. For further information, see the ‘Alternative Performance Measures’ section of the Quarterly Financial Report. Group P&L Current Constant Current Constant € million H1'25 H1'24 % % % % NII 22,716 23,457 -3 1 -1 4 Net fee income 6,684 6,477 3 9 0 6 Other income 1,610 1,116 44 48 4 6 Total revenue 31,010 31,050 -0 5 -1 4 Operating expenses -12,865 -12,913 -0 4 -1 3 Net operating income 18,145 18,137 0 5 -0 5 LLPs -6,178 -6,243 -1 6 -3 4 Other results -1,664 -2,386 -30 -28 -26 -24 Attributable profit 6,833 6,059 13 18 13 19 Group excl. ArgentinaGroup

18 31,010 29,639 +254 +103 +346 +247 +422 -0 H1'24 Retail Consumer CIB Wealth Payments CC H1'25 Revenue growth underpinned by customer activity across our businesses Note: data and YoY % changes in constant euros. YoY growth TOTAL REVENUE • >95% of total revenue is customer related • Solid revenue increase YoY with all businesses growing in a more challenging context, which reflects the benefits of our model • Revenue up 2% QoQ with increases in most global businesses. Of note, strong growth in Consumer (+2%) and Payments (+8%) GROUP • Retail: positive performance across most countries with strong fees •