Investor Presentaiton
Global businesses
Corporate & Investment Banking
Remarkable SCIB business growth from all core businesses and
geographies
Increase in activity driving strong revenue and underlying profit
growth
Wealth Management & Insurance
AUM's up in Private Banking and SAM: EUR 4,700 mn net sales.
Total Insurance fees up 5% YoY
Total contribution to Group's profit up 1% vs. Q1'20 pre-crisis,
despite PB being affected by lower interest rates, margin
compression in SAM and positive non-recurring income in 2020 in
Insurance
Underlying
RoRWA
Total fees
EUR 466 mn
Efficiency
3.0%
31.8%
18% of Group's total
AUMS
EUR 370 bn
(+12% YoY)
EUR 788 mn
31% of Group's total
Total fees
Contribution
to Group's profit
EUR 523 mn
(+1% YoY)
P&L*
Q1'21
vs. Q4'20
vs. Q1'20
P&L*
Q1'21
vs. Q4'20
vs. Q1'20
Total income
1,655
29.1
43.9
Total income
502
-8.1
-1.7
Net operating income
1,130
49.4
70.6
Net operating income
281
-14.7
-2.7
Underlying att. profit
704
107.9
64.2
Underlying att. profit
197
-17.7
-3.4
(*) EUR mn and % change in constant euros
(*) EUR mn and % change in constant euros
Santander
62
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