Investor Presentaiton
US | Focused model committed to profitable growth across core businesses4
Targeting segments with proven competitive advantage and strong Group network contribution
Not trying to be a Universal Bank
Consumer
Winning Factors
Adj. ROTE 1,2
US1
Market leading full-spectrum Auto lender increasingly funded by bank deposits;
13.5K dealers and $30bn+annual originations
Front-to-back solutions to transform into digital-first omnichannel bank with
branches
Mid to High
teens
Commercial
Top 10 CRE and Multifamily lender serving leading US developers and investors
Leverage Group capital markets, trade and cross-border payment solutions
CIB
Global hub for USD-based capital markets and investment banking; c.$800mn in
revenue in 2022
Leading with our strengths in energy transition, infrastructure, project finance & trade
finance
Wealth
Management
Leading brand in LatAm high net worth leveraging Group network contribution
6,000+ customers and $40bn CAL³
Santander
1 Adjusted return on tangible equity target, based on Group's deployed capital calculated as contribution of RWAs at 12%
2 Through-the-cycle
3 CAL customer assets and liabilities
4 Figures in International Financial Reporting Standards ("IFRS")
Mid teens
≥15%
Adjusted Return on
Tangible Equity
through-the-cycle
Low teens
c.100%
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