Retail Banking Performance Update
Corporate Centre (EUR mn)
Change
Change
Q1'21
Q2'21
Q3'21
Q4'21
Q1'22 Q2'22
Q3'22
Q4'22 Q4'22/Q3'22
2021
2022 2022/2021
Net interest income
(133)
(164) (162)
(165)
(172) (181)
(157)
(142)
-9.4%
(624) (652)
+4.6%
Net fee income
(5)
(8)
(2)
(12)
(3)
2
(2)
(16)
(28)
(19)
-30.8%
Gains (losses) on financial transactions and other
(41)
(67)
(60)
0
(126)
(267)
(259)
(163)
-37.2%
(168)
(815) +386.0%
Total revenue
(179)
(239)
(224)
(177)
(301)
(446)
(418)
(322)
-23.1%
(819) (1,487) +81.5%
Operating expenses
(79)
(81)
(89)
(97)
(87)
(92)
(93)
(100)
+7.7%
Net operating income
(258)
(319)
(314)
(274)
(388)
(538)
(511)
(422)
-17.5%
(346) (372)
(1,165) (1,858)
+7.5%
+59.5%
Net loan-loss provisions
(154)
(9)
(6)
13
(1)
(4)
2
13
(155)
9
Other gains (losses) and provisions
(33)
(33)
(43)
(82)
(48)
(34)
(35)
(56)
+61.9%
(190) (173)
-8.9%
Underlying profit before tax
(445)
(361)
(362)
(343)
(437)
(577) (544) (465)
-14.6%
(1,510) (2,022)
+33.9%
Underlying consolidated profit
(402)
(409)
(420)
(303)
(462)
(577)
(543)
(466)
-14.3%
Underlying attributable profit
(402)
(410)
(420)
(303)
(462)
(577)
(543)
(466)
-14.3%
(1,534) (2,049)
(1,535) (2,049) +33.4%
+33.5%
Santander
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