Company: BCDRF
Filing Date: 2025-04-30
Form Type: 6-K
Source: 0000891478-25-000078
Chunk: 20

Company: Banco Santander, S.A.
Filing Date: 2025-04-30
Form: 6-K
Chunk 20
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Alternative performance measures' section in the appendix of this report. Compared to December 2024 , gross loans and advances to customers excluding reverse repos rose 1% in constant euros, with the following detail: • In Retail , they were flat, as growth in most countries offset the decline in personal loans in Brazil and corporates in the US, in line with our strategy of profitable growth and capital optimization. • In Consumer , they were also fairly stable, as greater volumes in Latin America offset the decline in DCB Europe. • In CIB , loans rose 4%, due to the increase in the US, in line with our strategy to develop new products and capabilities (US BBO) and, to a lesser extent, in Spain. • In Wealth , they increased 2% and +1% in Payments .

| Gross loans and advances to customers (excl. reverse repos) |
| EUR billion                                                 |

|                 | 0 | % | 1 |
| Mar-25 / Mar-24 |   |   |   |

1. In constant euros: +1%.

Compared to March 2024 , gross loans and advances to customers (excluding reverse repos and in constant euros) grew 1% in constant euros, as follows: • In Retail , they declined 1%, as the positive performances across products in most countries did not fully offset: i) lower mortgage and SME portfolios in the UK (in line with our strategy) and Spain (still affected by early repayments); and ii) lower personal loans in Brazil and the decline in commercial loans in the US (both in line with our strategy to focus on profitable growth and capital optimization). • In Consumer , they rose 4% boosted by the good performance in auto in Europe and double-digit loan growth across our Latin American countries. • In CIB , they grew 4% driven by strong growth in the US, supported by our US BBO initiative, and solid growth in Spain. • They increased 9% in Wealth , with widespread growth across most countries and were up 15% in Payments , driven by strong growth in Cards in all countries in Latin America and Europe, especially in Brazil and Mexico. At the end of the quarter, gross loans and advances to customers excluding reverse repos maintained a diversified mix across our footprint, with presence in different countries in Europe (69% of Group's total loans), Latin America (20%) and in the US (11%).

| Gross loans and advances to customers (excl. reverse repos) |
| %