Retail Banking Performance Update
Mexico (MXN mn)
Q1'21
Net interest income
16,201
16,346
Q2'21 Q3'21
16,630
Net fee income
4,995
5,077 4,781
Q4'21
17,312
4,998
5,641
Gains (losses) on financial transactions and other
(156)
Total revenue
21,039
Operating expenses
(9,139)
(9,140) (10,048) (11,067)
Change
Q1'22 Q2'22 Q3'22 Q4'22 Q4'22/Q3'22
17,319 18,241 19,417 20,360 +4.9%
6,061 6,170 6,210
(399) 134 (717) (384) (466) (771) (116)
21,024 21,544 21,592 22,576 23,836 24,817 26,453
(9,939) (10,646) (10,967) (12,313)
2021
66,488 75,338
Change
2022 2022/2021
+13.3%
+0.6%
-84.9%
19,851 24,083
(1,139) (1,737) +52.5%
+21.3%
+6.6%
+12.3%
85,200 97,683
(39,393) (43,866)
+14.7%
+11.4%
Net operating income
11,900
11,884 11,497 10,525
Net loan-loss provisions
(5,582)
Other gains (losses) and provisions
Underlying profit before tax
(127)
6,192 6,813
12,638 13,190 13,850 14,140
(4,921) (5,012) (3,445) (4,212) (3,919) (3,815) (4,709)
(151) (30) (154) (606) (559) (793) (23)
6,455 6,926
+2.1%
+23.4%
45,806 53,817
(18,959) (16,655)
+17.5%
-12.2%
-97.1%
(462) (1,980)
+328.6%
7,820
8,712
9,242
9,408
+1.8%
26,385 35,182
+33.3%
Underlying consolidated profit
4,699
5,229
5,354 5,761
5,921
6,591
6,962
7,098
+2.0%
21,043 26,572
+26.3%
Underlying attributable profit
4,347
4,837
4,972 5,419
5,724
6,362 6,709
6,841
+2.0%
19,575 25,636 +31.0%
Santander
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