2023 Highlights Digital Consumer Bank Europe
In summary
Reliable risk-return profile
Lower volatility of results
Differential Pre-provision profit/loans and cost of risk
EPS volatility2
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%
0.62%
1.90% 1.89%
1.80%
1.90%
1.80%
1.61% 1.65% 1.65%
1.70%
1.25%
1.21%
Fill
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
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% 3.03%
Cost of risk¹
2.44%
1.65%
1.69% 1.43% 1.25% 1.18% 1.07% 1.00% 1.00% 1.28%
1.18%
0.77% 0.99%
12%
40%
39%
42%
84%
126%
116%
148%
252%
631%
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 Q3'23. Source: Bloomberg, with GAAP criteria. Standard deviation of the quarterly EPS starting from the first available data since Jan-99.View entire presentation