These are our key details and figures, collected in our last presentation of results:
January - June | Change | 2T24 | Quarterly change | ||
---|---|---|---|---|---|
€ million / % | 2024 | 2023 | |||
PROFIT/(LOSS) | |||||
Net interest income | 5,572 | 4,624 | 20.5 % | 2,791 | 0.4 % |
Revenues from services | 2,449 | 2,347 | 4.4 % | 1,252 | 4.7 % |
Gross income | 7,701 | 6,673 | 15.4 % | 4,205 | 20.3 % |
Recurring administrative expenses, depreciation and amortisation | (3,028) | (2,894) | 4.6 % | (1,520) | 0.8 % |
Pre-impairment income | 4,673 | 3,774 | 23.8 % | 2,685 | 35.1 % |
Pre-impairment income stripping out extraordinary expenses | 4,673 | 3,779 | 23.6 % | 2,685 | 35.1 % |
Profit/(loss) attributable to the Group | 2,675 | 2,137 | 25.2 % | 1,670 | 66.2 % |
MAIN RATIOS (Last 12 months) | ||||||
---|---|---|---|---|---|---|
Cost-to-income ratio | 39.0 % | 46.0 % | (7.0) | 39.0 % | (1.3) | |
Cost-to-income ratio stripping out extraordinary expenses |
39.0 % | 45.7 % | (6.8) | 39.0 % | (1.2) | |
Cost of risk (last 12 months) | 0.29 % | 0.27 % | 0.02 | 0.29 % | 0.01 | |
ROE |
14.4 % | 10.2 % | 4.2 | 14.4 % | 1.0 | |
ROTE |
16.9 % | 12.0 % | 4.9 | 16.9 % | 1.2 | |
ROA | 0.8 % | 0.5 % | 0.3 | 0.8 % | 0.1 | |
RORWA | 2.2 % | 1.6 % | 0.6 | 2.2 % | 0.1 |
June | December | Change | March | Quarterly change | |
---|---|---|---|---|---|
2024 | 2023 | 2024 | |||
BALANCE SHEET (€ Million) | |||||
Total assets | 630,371 | 607,167 | 3.8 % | 613,457 | 2.8 % |
Equity | 35,494 | 36,339 | (2.3) % | 34,281 | 3.5 % |
BUSINESS ACTIVITY (€ Million) | |||||
---|---|---|---|---|---|
Customer funds | 667,424 | 630,330 | 5.9 % | 636,490 | 4.9 % |
Loans and advances to customers, gross | 361,646 | 354,098 | 2.1 % | 354,755 | 1.9 % |
RISK MANAGEMENT (€ Million; in %) | |||||
---|---|---|---|---|---|
Non-performing loans (NPL) | 10,466 | 10,516 | (49) | 10,794 | (328) |
Non-performing loan ratio | 2.7 % | 2.7 % | (0.1) | 2.8 % | (0.1) |
Provisions for insolvency risk | 7,301 | 7,665 | (364) | 7,667 | (366) |
NPL coverage ratio | 70 % | 73 % | (3) | 71 % | (1) |
Net foreclosed available for sale real estate assets | 1,549 | 1,582 | (33) | 1,545 | 4 |
LIQUIDITY (€ Million; in %) | |||||
---|---|---|---|---|---|
Total Liquid Assets | 167,421 | 160,204 | 7,217 | 157,022 | 10,399 |
Liquidity Coverage Ratio | 218% | 215% | 3 | 197 % | 21 |
Net Stable Funding Ratio (NSFR) | 146% | 144% | 2 | 144 % | 2 |
Loan to deposits | 87% | 89% |
(2) |
90 % | (3) |
CAPITAL ADEQUACY (€ Million; in %) | |||||
---|---|---|---|---|---|
Common Equity Tier 1 (CET1) | 12.2% | 12.4% | (0.2) | 12.3 % | 0.0 |
Tier 1 | 14.0% | 14.4% | (0.3) | 14.2 % | (0.2) |
Total capital | 16.3% | 17.1% | (0.8) | 16.5 % | (0.2) |
MREL | 26.9% | 26.8% | 0.1 | 27.1 % | (0.2) |
Risk-Weighted Assets (RWAs) | 233,658 | 228,428 | 5,230 | 232,301 | 1,357 |
Leverage Ratio | 5.6% | 5.8% | (0.2) | 5.8 % | (0.2) |
SHARE INFORMATION | |||||
---|---|---|---|---|---|
Share price (€/share) | 4.943 | 3.726 | 1.217 | 4.493 | 0.450 |
Market capitalisation | 35,888 | 27,450 | 8,438 | 32,956 | 2,933 |
Book value per share (€/share) | 4.88 | 4.93 | (0.04) | 4.67 | 0.22 |
Tangible book value per share (€/share) | 4.15 | 4.20 | (0.05) | 3.94 | 0.21 |
Net income attributable per share (€/share) (12 months) | 0.72 | 0.64 | 0.08 | 0.67 | 0.06 |
PPER (Price/Profit; times) | 6.82 | 5.78 | 1.04 | 6.73 | 0.09 |
Tangible PBV (Market value/ book value of tangible assets) | 1.01 | 0.76 | 0.26 | 0.96 | 0.05 |
OTHER DATA (units) | |||||
---|---|---|---|---|---|
Employees | 45,349 | 44,863 | 486 | 45,005 | 344 |
Branches | 4,138 | 4,191 | (53) | 4,161 | (23) |
of which: retail branches in Spain | 3,574 | 3,18 | (44) | 3,589 | (15) |
ATMs | 12,399 | 12,594 | (195) | 12,478 | (79) |