Retail Banking Performance Update
Retail Banking (Constant EUR mn)
Q1'21
Q2'21
Q3'21
Q4'21
Net interest income
7,861
8,070
8,192
8,411
8,280
Q1'22 Q2'22 Q3'22
8,457 8,853
Change
Q4'22 Q4'22/Q3'22
9,289
+4.9%
2021
32,535 34,880
Change
2022 2022/2021
+7.2%
Net fee income
1,844
1,863
1,817
1,879 1,843
1,928
Gains (losses) on financial transactions and other
400
363
499
172
219
(19)
2
1,924 1,954
(47)
+1.6%
7,403
7,650
+3.3%
1,435
154
-89.2%
Total revenue
Operating expenses
Net operating income
(4,356)
5,749
10,105 10,297 10,509 10,463
(4,426) (4,472) (4,594)
10,343 10,366
10,779 11,196
+3.9%
41,373 42,684
+3.2%
Net loan-loss provisions
(1,953)
Other gains (losses) and provisions
(404)
(450)
(444)
Underlying profit before tax
3,392
3,570
3,249
3,594
(4,456) (4,538) (4,672) (4,901)
5,870 6,037 5,869 5,887 5,828 6,107
(1,850) (2,343) (1,505) (2,195) (2,589) (2,684) (2,741)
(769) (422) (429) (659) (625)
3,269 2,810 2,764 2,928
+4.9%
(17,848) (18,568)
+4.0%
6,295
+3.1%
23,524 24,116
+2.5%
+2.1%
(7,651) (10,210)
+33.4%
-5.1%
(2,068) (2,135)
+3.2%
+5.9%
13,805 11,772
-14.7%
Underlying consolidated profit
2,253
2,431
2,305
2,502
2,389
2,172 2,052 2,227
+8.5%
9,492
8,841
-6.9%
Underlying attributable profit
1,922
2,040
1,957
2,131
2,130
1,924
1,866 2,026
+8.6%
8,050
7,946
-1.3%
Santander
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