These are our key details and figures, collected in our last presentation of results:

January - March Change
€ million / % 2024 2023
PROFIT/(LOSS)
Net interest income 2,781 2,182 27.4 %
Revenues from services 1,197 1,181  1.3 %
Gross income 3,496 3,101 12.7 %
Recurring administrative expenses, depreciation and amortisation (1,508)

(1,440)

 4.8 %
Pre-impairment income 1,988 1,659  19.8 %
Pre-impairment income stripping out extraordinary expenses 1,988 1,662 19.6 %
Profit/(loss) attributable to the Group 1,005 855 17.5 %
MAIN RATIOS (Last 12 months)
Cost-to-income ratio 40.3 % 48.6 % (8.3)
Cost-to-income ratio stripping out extraordinary expenses
 40.2 % 48.2 % (8.0)
Cost of risk 0.29 % 0.26 % 0.03
ROE
 13.4 % 8.9 % 4.5
ROTE
 15.8 % 10.5 % 5.3
ROA 0.8 % 0.4 % 0.3
RORWA 2.1 % 1.4 % 0.7

March December   Change
2024 2023
BALANCE SHEET
Total assets 613,457 607,167  1.0%
Equity 34,281 36,339  (5.7)%
BUSINESS ACTIVITY
Customer funds 636,490 630,330 1.0 %
Loans and advances to customers, gross 354,755 354,098 0.2 %
RISK MANAGEMENT
Non-performing loans (NPL) 10,794 10,516 278
Non-performing loan ratio 2.8 % 2.7 % 0.1
Provisions for insolvency risk 7,667 7,665 2
NPL coverage ratio 71 % 73 % (1.9)
Net foreclosed available for sale real estate assets 1,545 1,582 (37)
LIQUIDITY
Total Liquid Assets 157,022 160,204 (3,182)
Liquidity Coverage Ratio (last 12 months) 197% 215% (18)
Net Stable Funding Ratio (NSFR) 144% 144% 0
Loan to deposits 90% 89%

1
CAPITAL ADEQUACY
Common Equity Tier 1 (CET1)  12.3%  12.4%

(0.1)
Tier 1  14.3%  14.4% (0.1)
Total capital  16.5%  17.1% (0.6)
MREL 27.1% 26.8% 0.3
Risk-Weighted Assets (RWAs) 232,161 228,428 3,734
Leverage Ratio 5.8% 5.8% (0.0)
SHARE INFORMATION
Share price (€/share) 4.493 3.726 0.767
Market capitalisation (In € million) 32,956 27,450 5,506
Book value per share (€/share) 4.67 4.93 (0.26)
Tangible book value per share (€/share) 3.94 4.20 (0.26)
Net income attributable per share  (€/share) (12 months) 0.67 0.64 0.02
PER (Price/Profit; times) 6.73 5.78 0.95
PBV (Market value/ book value) 0.96 0.76 0.21
OTHER DATA (units)
Employees 45,005 44,863 142
Branches 4,161 4,191 (30)
of which: retail branches in Spain 3,589 3,618 (29)
ATMs 12,478 12,594 (116)