Retail Banking Performance Update
GRUPO SANTANDER (Constant EUR mn)
Change
Change
Q1'21
Q2'21
Q3'21
Q4'21
Q1'22 Q2'22
Q3'22
Net interest income
Net fee income
8,566 8,770
8,904
9,178
9,052 9,358
9,808
10,400
Q4'22 Q4'22/Q3'22
+6.0%
2021
35,417 38,619
2022 2022/2021
+9.0%
2,726 2,770
2,741 2,808 2,864 2,975
2,949
3,002
+1.8%
11,045
11,790
+6.7%
Gains (losses) on financial transactions and other
967
508
894
405
684
251
463
348
-24.8%
2,774
1,745
-37.1%
Total revenue
Operating expenses
Net operating income
12,258 12,048 12,539
(5,387) (5,501) (5,604)
6,871 6,547 6,935
12,391 12,599 12,585 13,220
(5,844) (5,614) (5,800) (6,032)
13,750
+4.0%
49,236 52,154
+5.9%
Net loan-loss provisions
(2,162)
Other gains (losses) and provisions
(473)
(459)
Underlying profit before tax
4,236
4,199
4,049
4,100
6,547 6,985 6,784 7,188
(1,890) (2,376) (1,583) (2,186) (2,601) (2,707) (3,014)
(509) (864) (495) (510) (731) (755)
3,750 3,524
(6,457)
7,293
+7.0%
(22,336) (23,903)
+7.0%
+1.5%
26,900 28,251
+5.0%
+11.3%
(8,011) (10,509)
+31.2%
+3.3%
(2,305) (2,492)
+8.1%
4,304 3,673
-6.0%
16,584 15,250
-8.0%
Underlying consolidated profit
2,749
2,728
2,712
2,835
2,957 2,622
2,616
2,568
-1.8%
11,024 10,764
-2.4%
Underlying attributable profit
2,368
2,283
2,312
2,423
2,627
2,305
2,357 2,315
-1.8%
9,386
9,605
+2.3%
Net capital gains and provisions*
Attributable profit
(537)
2
1
1
0
(0)
(532)
-100.0%
1,831
2,285
2,314
2,424
2,627
2,305
2,357
2,315
-1.8%
8,854 9,605
+8.5%
Santander (*) Including: in Q1'21, restructuring costs
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