2023 Highlights Digital Consumer Bank Europe
Record results in our first year of our new phase of value creation and growth
Excellent progress in the execution of our strategy
Efficiency and profitability improvement
Resilient balance sheet with a stronger capital ratio
Foundation for further growth, value creation and shareholder
remuneration
€11.1bn
44.1%
+21.5%
Profit
Efficiency
EPS
Strong first year in our new phase of value creation and growth
Supported by our winning combination of local leadership with
global scale and network
+15%
c.+50%
Last step towards ONE Santander unlocks full potential of the Group
Common operating model supporting value creation based on profitable
growth and operational leverage provided by global platforms
TNAVps + DPS
Cash DPS
Santander Note: Our shareholder remuneration policy is c.50% payout split in approximately equal parts (cash and share buybacks). Cash DPS against 2023 results estimated as 25% of the
profit for the year. Implementation of 2023 shareholder remuneration policy is subject to future corporate and regulatory decisions and approvals.
TNAVPs + DPS includes the €5.95 cent cash dividend paid in May 2023 and the €8.10 cent cash dividend paid in November 2023.
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