Quarterly Trended Statement Of Operations
SHUSA: Quarterly Trended Statement Of Operations
Santander
($ in Millions)
2Q21
3Q21
4Q21
1Q22
2Q22
Interest income
Interest expense
Net interest income
1,815 $
1,796 $
1,758 $
1,722 $
1,908
(283)
(262)
(253)
(242)
(375)
$
1,532 $
1,534 $
1,505 $
1,480 $
1,533
Fees & other income
1,177
1,068
1,018
967
939
Other non interest income
5
(1)
14
11
Net revenue
$
2,714 $
2,602 $
2,522 $
2,461 $
2,483
General, administrative, and other expenses
(1,492)
(1,498)
(1,605)
(1,466)
(1,533)
Credit loss (expense) / benefit
317
(20)
(14)
(217)
(404)
Income before taxes
1,539 $
1,084 $
903
778 $
546
Income tax (expense)/benefit
(372)
(227)
(198)
(162)
(107)
Net income
1,167
857
705
616
439
Less: Net income attributable to NCI
208
150
135
Net income attributable to SHUSA
959
707
570
616
439
NIM
2Q21
3Q21
4Q21
1Q22
2Q22
5.0%
4.8%
4.6%
4.5%
4.3%
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