Company: BCDRF
Filing Date: 2025-10-29
Form Type: 6-K
Source: 0000891478-25-000132
Chunk: 21

Company: Banco Santander, S.A.
Filing Date: 2025-10-29
Form: 6-K
Chunk 21
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4%, particularly due to Spain and the US. • Loans in Wealth grew 2%, mainly due to Private Banking, and in Payments they were flat. Compared to September 2024 , gross loans and advances to customers (excluding reverse repos and including Poland) grew 2% in constant euros, as follows: • In Retail , they were flat, as growth in individuals (driven by the mortgage portfolio, especially in Portugal, Brazil and Mexico) offset the decline in SME balances. • In Consumer , they rose 2% boosted by the good performance in auto business, mainly in DCB Europe and Latin America. • In CIB , they increased 5% due to Global Banking (Latin America and the US) and Global Markets (mainly in Spain). • They increased 13% in Wealth , particularly in Spain and the US, and were up 14% in Payments , driven by strong volumes growth in Cards, especially in Brazil. As at end September 2025, gross loans and advances to customers (excluding reverse repos and including Poland) maintained a diversified mix across our footprint, with presence in different countries in Europe (69% of Group's total loans), Latin America (20%) and the US (11%).

| Gross loans and advances to customers (excl. reverse repos) |
| % operating areas. September 2025. Including Poland         |

| 18 |     | January- September2025 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |
|                       |     | Balance sheet               |     |                                  |     |                      |     |          |     |       |

Customer funds

Customer deposits amounted to EUR 1,026,130 million as at end September 2025, up 2% quarter-on-quarter and down 2% year-on-year. This year-on-year comparison was affected by the Poland disposal as, in accordance with IFRS 5 requirements and only from 30 June 2025 onwards, the liabilities related to the Poland disposal are aggregated under the 'liabilities associated with non-current assets held for sale' line. The Group uses customer funds (customer deposits excluding repos, plus mutual funds) for the purpose of analysing traditional retail banking funds. We continue to analyse customer funds including Poland, i.e. maintaining the same perimeter that existed at the time of the announcement of the Poland disposal. As at end September