Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000130
Chunk: 1

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 1
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2025 earnings, an increase of 15% compared to the same dividend last year, as previously announced. • The bank reaffirms 2025 targets and expects to distribute at least €10 billion in share buybacks from 2025 and 2026 earnings and excess capital2. Ana Botín, Banco Santander executive chair, said: “Once again, we are delivering strong results. In the last twelve months, we added more than seven million customers and improved profitability to over 16% RoTE post-AT1, with earnings per share up 16%. This reflects the strength of our business model, a disciplined focus on profitable growth, solid balance sheet, and the benefits of our global and in- market scale, and diversification across businesses and geographies. Our ONE Transformation is driving efficiency gains as we deploy shared global platforms that improve customer experience and reduce costs-to-serve. Credit quality remains robust with cost of risk at 1.13% and NPL ratio below 3%. With CET1 at 13.1%, we continue to deliver sustainable, double-digit value creation for shareholders, with TNAV plus cash dividend per share up 15%. Looking ahead, we are on track to meet all our 2025 targets and, amid continued geopolitical and market uncertainty, we are confident we will continue delivering further profitable growth by harnessing our network effects and global scale, and through disciplined capital allocation.” 1 Notes at the end of the press release.

Corporate Communications Ciudad Grupo Santander, edificio Arrecife, planta 2 28660 Boadilla del Monte (Madrid) comunicacion@gruposantander.com www.santander.com 2 Underlying income statement* EUR million 9M’25 9M’25 v 9M’24 9M’25 v 9M’24 (ex FX) Q3’25 Q3’25 v Q3’24 Q3’25 v Q3’24 (ex FX) Total income 46,277 0% +4% 15,267 +1% +4% Operating expenses -19,133 -1% +3% -6,268 -1% +2% Net operating income 27,144 +1% +5% 8,999 +2% +5% Net loan-loss provisions -9,109 -1% +5% -2,931 -2% +2% Profit before tax 15,500 +7% +12% 5,