Retail Banking Performance Update
Brazil (BRL mn)
Change
Change
Net interest income
Q1'21 Q2'21 Q3'21
11,731 12,215 12,834
Net fee income
4,169
4,450 4,285
4,476
Gains (losses) on financial transactions and other
718
402
635
35
Total revenue
Operating expenses
(4,767)
Net operating income
11,852
(4,966) (5,330)
12,102 12,425
Net loan-loss provisions
(3,619)
(4,302) (4,683)
Q4'21 Q1'22 Q2'22 Q3'22
13,348 12,527 11,912 11,859 11,953
4,501 4,275 4,746
1,272 1,139
16,618 17,067 17,755 17,859 17,650 17,685 17,272 17,376
(5,554) (5,435) (5,350) (5,585) (6,289)
12,306 12,215 12,335 11,687 11,086
(4,693) (4,980) (6,157) (6,082) (6,723)
Q4'22 Q4'22/Q3'22
2021
2022
2022/2021
+0.8%
50,129 48,250
-3.7%
4,342
+11.0%
780
677
-40.6%
+0.6%
1,791
69,300 69,983
17,381 17,864
3,868
+2.8%
+116.0%
+1.0%
+12.6%
(20,616) (22,659)
+9.9%
-5.1%
+10.6%
48,684 47,323
(17,297) (23,942)
-2.8%
+38.4%
Other gains (losses) and provisions
(633)
(172)
(555)
Underlying profit before tax
7,599
7,628
7,187
(655) (666) (201) (111) (425)
6,958 6,569 5,976 5,495 3,939
+284.2%
(2,014) (1,403)
-30.4%
-28.3%
29,373 21,979
-25.2%
Underlying consolidated profit
4,109
4,350
4,013
3,986
4,094
4,301 3,884 3,020
-22.3%
16,459 15,299
-7.0%
Underlying attributable profit
3,695
3,935
3,562
3,589
3,668
3,876
3,483 2,764
-20.6%
14,781 13,791
-6.7%
Santander
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