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

Company: Banco Santander, S.A.
Filing Date: 2025-02-05
Form: 6-K
Chunk 25
---
 prior periods). For further information, see the 'Alternative performance measures' section in the appendix to the quarterly report.

27 Supplementary information Balance sheet and capital management NIM, Yield on loans and cost of deposits Efficiency ratio Asset quality Quarterly income statements Primary segments Secondary segments Glossary

28 Retail & Commercial Banking (EUR mn) Change Change Underlying income statement Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q4'24 / Q3'24 2023 2024 2024 / 2023 Net interest income 5,931 6,470 6,705 6,445 7,145 6,870 6,803 7,125 +4.7% 25,550 27,942 +9.4% Net fee income 1,074 1,212 1,196 1,015 1,193 1,173 1,149 1,166 +1.5% 4,497 4,681 +4.1% Gains (losses) on financial transactions and other (85) (209) 74 (72) (289) 183 (6) (49) +663.7% (293) (162) -44.7% Total revenue 6,919 7,473 7,975 7,388 8,048 8,226 7,945 8,242 +3.7% 29,754 32,461 +9.1% Operating expenses (3,111) (3,263) (3,361) (3,089) (3,304) (3,119) (3,102) (3,352) +8.1% (12,825) (12,877) +0.4% Net operating income 3,809 4,209 4,613 4,298 4,744 5,107 4,844 4,890 +1.0% 16,930 19,584 +15.7% Net loan-loss provisions (1,512) (1,599) (1,698) (1,730) (1,523) (1,564) (1,369) (1,388) +1.4% (6,540) (5,845) -10.6% Other gains