Financial Data and Key Metrics Changes - The Q1 attributable profit was €2.5 billion, representing an 18% increase year-on-year in underlying profit and a 58% increase compared to the previous year [6][10] - The return on tangible equity improved to 14.2%, and earnings per share (EPS) grew by 22% compared to Q1 2021 [6][22] - The tangible net asset value per share increased to €4.29, up 4% quarter-on-quarter and 13% year-on-year [7][22] - The cost of credit remained stable at 0.77%, below the annual guidance, while the non-performing loan (NPL) ratio was 3.26% [7][18] Business Line Data and Key Metrics Changes - Net interest income (NII) grew by 6% in constant euros, driven by higher volumes and interest rates across various countries [12] - Net fee income increased by 6% in constant euros, supported by improved activity in high value-added products and services [13] - The digital consumer bank saw new lending increase by 17%, with profits rising in double digits [27][41] Market Data and Key Metrics Changes - In Europe, net operating income and profit achieved double-digit growth, with a return on tangible equity of 13.5% [27][28] - North America reported a return on tangible equity of 24%, with solid growth in individual and commercial loans [27][32] - South America experienced an 8% year-on-year profit growth, with a focus on customer acquisition and business opportunities [38] Company Strategy and Development Direction - The company aims to maintain cost growth below inflation while improving efficiency, targeting an efficiency ratio of 45% [6][14] - The strategy includes disciplined capital allocation and a focus on high-risk adjusted returns, with risk-weighted assets growing below loan growth [20] - The company is committed to ESG initiatives, having originated €69 billion in green finance since 2019 [23][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's solid starting position despite geopolitical challenges and inflationary pressures [50][51] - The outlook for Brazil remains stable, with expectations of portfolio growth in line with inflation [56] - The company anticipates maintaining a cost of risk below 1% even in the current geopolitical scenario [18][52] Other Important Information - The company announced a total shareholder remuneration of €3.4 billion, split between cash dividends and share buybacks [21] - The corporate center reported an attributable loss of €460 million, impacted by negative FX hedging results [48] Q&A Session Summary Question: Update on Brazil's situation and outlook for 2022 - Management expects portfolio growth in Brazil to align with inflation, around 10%, despite tightening credit standards [56] Question: Information on Chrysler fee agreement and U.S. cost of risk - Management confirmed a satisfactory agreement with Stellantis, expecting portfolio growth in Europe and stable origination levels in the U.S. [63][65] Question: Outlook for cost of risk in Spain - Management maintains a guidance of around 50 basis points for the cost of risk in Spain, unaffected by recent geopolitical events [80] Question: Regulatory impact and capital levels - Regulatory charges are estimated at 20 to 25 basis points for 2022, with no significant changes expected for 2023 [82]

26 April 2022 Q1'22 Earnings Presentation It's time to build together a better future for you & Santander Important information Non-IFRS and alternative performance measures This presentation contains, in addition to the financial information prepared in accordance with International Financial Reporting Standards ("IFRS") and derived from our financial statements, alternative performance measures ("APMs") as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and ...

All. Together. Now 2021 Earnings Presentation Santander Important information Non-IFRS and alternative performance measures This presentation contains, in addition to the financial information prepared in accordance with International Financial Reporting Standards ("IFRS") and derived from our financial statements, alternative performance measures ("APMs") as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority (ESMA) on 5 October 2015 (ESMA/2 ...

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27 October 2021 9M'21 Earnings Presentation All. Together. Now. & Santander Important information Non-IFRS and alternative performance measures This presentation contains, in addition to the financial information prepared in accordance with International Financial Reporting Standards ("IFRS") and derived from our financial statements, alternative performance measures ("APMs") as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority (ESMA) on 5 ...

Banco Santander, S.A. (NYSE:SAN) Q3 2021 Earnings Conference Call October 26, 2021 4:00 AM ET Company Participants Jose Antonio Alvarez – CEO Jose Garcia Cantera – CFO Sergio Martinez – Investor Relations Conference Call Participants Alvaro Serrano – Morgan Stanley Fernando Santivani – Barclays Francisco Decalt – Elantra Adrian Cighi – Credit Suisse Sophie Petersen – JP Morgan Carlos Castena – Societe Generale Daragh Quin – KBW Mario Roberto Gasta – Best Inverse Securities Andrea Filtri – Mediobanca Sergio ...

Banco Santander, S.A. (NYSE:SAN) Q2 2021 Earnings Conference Call July 28, 2021 4:00 AM ET Company Participants Jose Antonio Alvarez - CEO & Vice Chairman Jose Garcia-Cantera - Senior EVP & Group CFO Sergio Martinez - Global Head, Shareholder & IR Conference Call Participants I Alvaro Serrano - Morgan Stanley Ignacio Ulargui - Exane BNP Paribas Benjamin Toms - RBC Carlos Peixoto - CaixaBank Britta Schmidt - Autonomous Research Andrea Filtri - Mediobanca Sergio Martinez Good morning, everyone. Thanks for joi ...

28 July 2021 H1'21 Earnings Presentation All. Together. Now. & Santander Important information Non-IFRS and alternative performance measures This presentation contains, in addition to the financial information prepared in accordance with International Financial Reporting Standards ("IFRS") and derived from our financial statements, alternative performance measures ("APMs") as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority (ESMA) on 5 Oct ...

Banco Santander SA (NYSE:SAN) Q1 2021 Earnings Conference Call April 28, 2021 4:00 AM ET Company Participants Jose Antonio Alvarez - CEO & Vice Chairman Jose Garcia-Cantera - Senior EVP & Group CFO Sergio Gamez - Global Head, Shareholder & IR Conference Call Participants I Alvaro Serrano - Morgan Stanley Francisco Riquel - Alantra Ignacio Olmos - UBS Daragh Quinn - KBW Carlos Catena - Societe Generale Fernando Gil de Santivanes - Barclays Bank Sofie Peterzens - JPMorgan Chase & Co. Adrian Cighi - Crédit Sui ...

28 April 2021 Q1'21 Earnings Presentation All. Together. Now. & Santander Important information Non-IFRS and alternative performance measures This presentation contains, in addition to the financial information prepared in accordance with International Financial Reporting Standards ("IFRS") and derived from our financial statements, alternative performance measures ("APMs") as defined in the Guidelines on Alternative Performance Measures issued by the European Securities and Markets Authority (ESMA) on 5 Oc ...