H1'23 Highlights
In summary
Reliable risk-return profile
Lower volatility of results
Differential Pre-provision profit/loans and cost of credit
1.90% 1.89%
1.80%
1.61% 1.65% 1.65%
1.80%
1.70% 1.76%
1.25%
1.21%
لالتلالت
0.62%
التتا
Our results show that
our business model
works. It is based on
unique competitive
advantages which
differentiate us in
terms of growth, cost
and profitability
1.60%
Cost of risk¹
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 H1'23
EPS volatility2
Pre-provision profit/loans
+
3.25% 3.06% 2.94% 3.04% 2.90% 2.83% 2.97% 2.89% 2.80%.
+
2.49% 2.57% 2.70% 2.84%
2.44%
1.65%
1.69% 1.43% 1.25% 1.18% 1.07% 1.00% 1.00% 1.28%
0.77% 0.99% 1.08%
12%
39%
39%
42%
81%
97%
109%
118%
140%
306%
637%
Santander (1) Provisions to cover losses due to impairment of loans in the last 12 months / average customer loans and advances of the last 12 months.
13
(2) Calculated using quarterly data from Jan-99 to Q1'23. Source: Bloomberg, with GAAP criteria. Standard deviation of the quarterly EPS starting from the first available data since Jan-99.View entire presentation