Retail Banking Performance Update
Argentina (ARS mn)
Net interest income
Net fee income
Gains (losses) on financial transactions and other
Q1'21 Q2'21 Q3'21
21,907 27,724 30,984
7,977
(1,686)
Q4'21
43,242
Q1'22 Q2'22 Q3'22
Change
Q4'22 Q4'22/Q3'22
36,978 58,765 99,007 141,515 +42.9%
2021
123,856 336,265
Change
2022 2022/2021
+171.5%
10,342 12,802 17,770
(2,575) (1,558) (5,521)
14,875 19,625 29,856 38,139
+27.7%
Total revenue
28,197 35,490 42,227
Operating expenses
(6,999) (15,773) (32,048) (37,240)
55,491 44,854 62,616 96,815 142,414
(18,420) (21,246) (23,720) (30,259) (26,714) (35,664) (54,603) (69,729)
+16.2%
48,891 102,494
(11,341) (92,060)
+109.6%
+47.1%
161,406 346,699 +114.8%
+27.7%
(93,646) (186,709)
+99.4%
Net operating income
Net loan-loss provisions
Other gains (losses) and provisions
(3,691)
Underlying profit before tax
4,582
Underlying consolidated profit
4,828
7,288
(3,358) (5,064) (4,654)
6,524 10,546 13,949
8,383 11,151
9,777 14,245 18,507 25,232 18,140 26,952 42,213 72,685
(1,503) (4,003) (4,603) (6,219) (4,791) (4,601) (5,922) (9,665)
(3,717)
+72.2%
67,761 159,990
+136.1%
+63.2%
(16,328) (24,980)
+53.0%
Underlying attributable profit
4,798
7,240
8,327 11,075
(9,093) (13,151) (24,241)
8,695 13,258 23,139 38,779
7,352 11,724 14,774 27,675
7,326 11,698 14,743
+84.3%
+67.6%
(15,831) (51,139)
35,602 83,871
+223.0%
+135.6%
+87.3%
31,650 61,525 +94.4%
27,588
+87.1%
31,440 61,355
+95.1%
Santander
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