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Banco Santander, S.A. files Form 6-K reports as a foreign private issuer, with materials that document Grupo Santander interim consolidated financial statements and current-event disclosures. The records include balance sheets, income statements, recognised income and expense, equity changes, cash flows, and explanatory notes on financial assets, financial liabilities, provisions, equity, tangible and intangible assets, and non-current assets held for sale.
The filings also cover shareholder remuneration and earnings per share, director and senior-manager remuneration, segment information, related-party matters, off-balance-sheet exposures, capital-structure disclosures, governance matters, shareholder voting matters, and press releases on operating and financial results. Certain 6-K reports are incorporated by reference into a Form F-4 registration statement.
Banco Santander filed a 6‑K with supplementary results for 9M 2025, reporting underlying attributable profit of €10,337m, up 11% year over year. Total revenue was €46,277m and Q3 underlying attributable profit reached €3,504m, up 2.1% quarter on quarter.
Capital and liquidity remain strong: the CET1 ratio is 13.1%, slightly above the 12–13% operating range, with a 324 bps distance to MDA and a minimum CET1 requirement of 9.72%. Group NSFR stood at 160% and high-quality liquid assets were €343bn, including €163bn of cash. The bond portfolio totals €152bn (8% of total assets) with HTC&S duration of 1.8 years; the mark-to-market impact on the HTC book is stated as less than 1% of CET1 (€82.6bn). The Group issued €31.3bn in public markets in 9M’25 and reduced 2025 MREL/TLAC needs by c.€7bn. Credit quality metrics remained stable with a Group NPL ratio of 2.92%, NPL coverage of 67.1% and cost of risk at 1.13%.
Banco Santander filed a 6‑K with supplementary results for 9M 2025, reporting underlying attributable profit of €10,337m, up 11% year over year. Total revenue was €46,277m and Q3 underlying attributable profit reached €3,504m, up 2.1% quarter on quarter.
Capital and liquidity remain strong: the CET1 ratio is 13.1%, slightly above the 12–13% operating range, with a 324 bps distance to MDA and a minimum CET1 requirement of 9.72%. Group NSFR stood at 160% and high-quality liquid assets were €343bn, including €163bn of cash. The bond portfolio totals €152bn (8% of total assets) with HTC&S duration of 1.8 years; the mark-to-market impact on the HTC book is stated as less than 1% of CET1 (€82.6bn). The Group issued €31.3bn in public markets in 9M’25 and reduced 2025 MREL/TLAC needs by c.€7bn. Credit quality metrics remained stable with a Group NPL ratio of 2.92%, NPL coverage of 67.1% and cost of risk at 1.13%.
Banco Santander, S.A. filed a 6-K sharing its 9M 2025 earnings presentation. Management highlights another record quarter with double-digit profit growth, driven by solid customer activity, strong net interest income and record fee income. The bank added 7 million customers year over year, reaching 178 million total customers, with 106 million active. Profitability remained strong with RoTE post-AT1 at 16.1% and the efficiency ratio at 41.3%. The CET1 ratio was 13.1% as of September 2025, reflecting strong organic capital generation.
Credit quality improved: the NPL ratio was 2.92%, the cost of risk decreased by 5 bps year over year, Retail cost of risk was 0.89% and Consumer 2.06%. Wealth reported AuMs of €536 billion (+11%). The presentation reiterates the ordinary policy to distribute approximately 50% of reported profit (cash dividends and buybacks) and references a target to allocate at least €10 billion to share buybacks across 2025–2026, including an intended ~€3.2 billion buyback linked to the sale of 49% of Santander Bank Polska, all subject to decisions and approvals.
Banco Santander, S.A. filed a 6-K sharing its 9M 2025 earnings presentation. Management highlights another record quarter with double-digit profit growth, driven by solid customer activity, strong net interest income and record fee income. The bank added 7 million customers year over year, reaching 178 million total customers, with 106 million active. Profitability remained strong with RoTE post-AT1 at 16.1% and the efficiency ratio at 41.3%. The CET1 ratio was 13.1% as of September 2025, reflecting strong organic capital generation.
Credit quality improved: the NPL ratio was 2.92%, the cost of risk decreased by 5 bps year over year, Retail cost of risk was 0.89% and Consumer 2.06%. Wealth reported AuMs of €536 billion (+11%). The presentation reiterates the ordinary policy to distribute approximately 50% of reported profit (cash dividends and buybacks) and references a target to allocate at least €10 billion to share buybacks across 2025–2026, including an intended ~€3.2 billion buyback linked to the sale of 49% of Santander Bank Polska, all subject to decisions and approvals.
Banco Santander reported a sixth consecutive quarterly record with Q3 2025 profit attributable to the parent of EUR 3,504 million, up 2% quarter-on-quarter. For 9M 2025, profit reached EUR 10,337 million, up 11% year-on-year, driven by resilient net interest income, strong fee growth, and lower provisions. The efficiency ratio improved to 41.3% and RoTE (post‑AT1) rose to 16.1%.
Capital remained solid: the phased‑in CET1 ratio was 13.1% (+10 bps in the quarter). Credit quality was stable with a cost of risk of 1.13% and an NPL ratio of 2.92% with 67% coverage. Customer funds grew 7% year‑on‑year in constant euros, outpacing loan growth.
The board approved an interim cash dividend of EUR 11.50 cents per share payable from 3 November 2025 and continued a share buyback of up to EUR 1.7 billion. Strategically, Santander agreed to sell ~49% of Santander Bank Polska and 50% of TFI to Erste for about EUR 7 billion and to acquire 100% of Santander Consumer Bank Polska (~EUR 0.7 billion), subject to approvals. It also agreed to acquire TSB for GBP 2.65 billion, and announced the merger of Openbank and Santander Consumer Finance.
Banco Santander reported a sixth consecutive quarterly record with Q3 2025 profit attributable to the parent of EUR 3,504 million, up 2% quarter-on-quarter. For 9M 2025, profit reached EUR 10,337 million, up 11% year-on-year, driven by resilient net interest income, strong fee growth, and lower provisions. The efficiency ratio improved to 41.3% and RoTE (post‑AT1) rose to 16.1%.
Capital remained solid: the phased‑in CET1 ratio was 13.1% (+10 bps in the quarter). Credit quality was stable with a cost of risk of 1.13% and an NPL ratio of 2.92% with 67% coverage. Customer funds grew 7% year‑on‑year in constant euros, outpacing loan growth.
The board approved an interim cash dividend of EUR 11.50 cents per share payable from 3 November 2025 and continued a share buyback of up to EUR 1.7 billion. Strategically, Santander agreed to sell ~49% of Santander Bank Polska and 50% of TFI to Erste for about EUR 7 billion and to acquire 100% of Santander Consumer Bank Polska (~EUR 0.7 billion), subject to approvals. It also agreed to acquire TSB for GBP 2.65 billion, and announced the merger of Openbank and Santander Consumer Finance.
Banco Santander reported record nine‑month results. Attributable profit reached €10,337 million, up 11% year on year, with earnings per share of €0.66 up 16% and return on tangible equity at 16.1% post‑AT1. Revenue was €46.3 billion, stable in euros and up 4% in constant euros, as record net fee income (€10.01 billion) and resilient net interest income offset a softer rate backdrop. Operating expenses fell 1%, improving the efficiency ratio to 41.3%.
Credit quality strengthened: loan‑loss provisions fell 1%, cost of risk improved to 1.13% and the non‑performing loan ratio declined to 2.92% with 67% coverage. The CET1 capital ratio rose to a record 13.1%. Third‑quarter attributable profit was €3,504 million, up 8% year on year, marking a sixth consecutive record quarter.
The board approved an interim cash dividend of 11.5 euro cents per share to be paid from 3 November 2025, 15% higher than last year’s comparable dividend, and the group reiterated 2025 targets, including revenue around €62 billion, cost of risk around 1.15% and RoTE around 16.5%. Santander also expects to distribute at least €10 billion in share buybacks from 2025 and 2026 earnings and excess capital.
Banco Santander reported record nine‑month results. Attributable profit reached €10,337 million, up 11% year on year, with earnings per share of €0.66 up 16% and return on tangible equity at 16.1% post‑AT1. Revenue was €46.3 billion, stable in euros and up 4% in constant euros, as record net fee income (€10.01 billion) and resilient net interest income offset a softer rate backdrop. Operating expenses fell 1%, improving the efficiency ratio to 41.3%.
Credit quality strengthened: loan‑loss provisions fell 1%, cost of risk improved to 1.13% and the non‑performing loan ratio declined to 2.92% with 67% coverage. The CET1 capital ratio rose to a record 13.1%. Third‑quarter attributable profit was €3,504 million, up 8% year on year, marking a sixth consecutive record quarter.
The board approved an interim cash dividend of 11.5 euro cents per share to be paid from 3 November 2025, 15% higher than last year’s comparable dividend, and the group reiterated 2025 targets, including revenue around €62 billion, cost of risk around 1.15% and RoTE around 16.5%. Santander also expects to distribute at least €10 billion in share buybacks from 2025 and 2026 earnings and excess capital.
Banco Santander reported progress on its share repurchase programme, detailing purchases executed between 16 and 22 October 2025. Over this period, the bank bought 16,100,000 shares across European trading venues at disclosed weighted average prices.
Cumulatively, the cash amount spent on the buyback reached €833,281,564, representing approximately 49% of the programme’s maximum investment amount as communicated previously. The bank also noted that, with these purchases, it has repurchased approximately 14.7% of its outstanding shares as of 2021. A transaction-by-transaction breakdown for the week is provided in an annex.
Banco Santander reported progress on its share repurchase programme, detailing purchases executed between 16 and 22 October 2025. Over this period, the bank bought 16,100,000 shares across European trading venues at disclosed weighted average prices.
Cumulatively, the cash amount spent on the buyback reached €833,281,564, representing approximately 49% of the programme’s maximum investment amount as communicated previously. The bank also noted that, with these purchases, it has repurchased approximately 14.7% of its outstanding shares as of 2021. A transaction-by-transaction breakdown for the week is provided in an annex.
Banco Santander, S.A. will disclose its third‑quarter 2025 financial results on Wednesday, 29 October 2025.
An analyst presentation will be held via audio conference at 10:00 a.m. (Madrid time) and can be followed through the Bank’s corporate website, www.santander.com. Related materials will be released beforehand via a communication to the CNMV and posted on the website. A separate media presentation will take place via audioconference at 12:00 p.m. (Madrid time).
Banco Santander reported progress on its share buyback. The cash amount of shares purchased to 15 October 2025 totals €698,648,924, representing approximately 41.1% of the programme’s maximum investment amount.
Between 9 and 15 October 2025, the bank repurchased 11,100,000 shares across XMAD, CEUX, TQEX and AQEU, with venue-level weighted average prices disclosed in the table. With these purchases, Banco Santander has repurchased approximately 14.7% of its outstanding shares as of 2021.
Banco Santander reported progress on its share buyback. The cash amount of shares purchased to 15 October 2025 totals €698,648,924, representing approximately 41.1% of the programme’s maximum investment amount.
Between 9 and 15 October 2025, the bank repurchased 11,100,000 shares across XMAD, CEUX, TQEX and AQEU, with venue-level weighted average prices disclosed in the table. With these purchases, Banco Santander has repurchased approximately 14.7% of its outstanding shares as of 2021.
Banco Santander reports continued progress on its share buyback programme. Between 2 and 8 October 2025, the bank repurchased a total of 7,700,000 of its own shares across several European trading venues at weighted average prices around €8.64–€8.81 per share.
The bank states that, up to 8 October 2025, it has spent €603,268,044 on the buyback programme, which is approximately 35.5% of the programme’s maximum planned investment. Cumulatively, these repurchases represent about 14.6% of Banco Santander’s outstanding shares as of 2021, signalling a substantial reduction in the share count over time.
Banco Santander reports that Moody’s Investors Service has upgraded several of its key credit ratings following an improvement in Spain’s sovereign profile. After Spain’s government bond rating was raised from Baa1 to A3 with a stable outlook and its Macro Profile moved from Strong to Strong+, Moody’s lifted Santander’s long-term deposit and senior debt ratings from A2 to A1 (stable). The ratings of the Bank’s three covered bond programs (Public Sector, Mortgage and Export finance) were also increased to Aaa from Aa1.
Moody’s affirmed Santander’s baa1 Baseline Credit Assessment, citing the Bank’s operating environment, broad diversification, history of low earnings volatility, improved capital levels, diversified funding, and ample liquidity buffers. These actions signal an external view of stronger credit quality for Santander and its main funding instruments.
Banco Santander reports further progress on its ongoing share buyback programme. As of 1 October 2025, the bank has repurchased shares for a cash amount of 536,140,934 Euros, representing about 31.5% of the programme’s maximum investment amount.
With these purchases, Banco Santander states it has bought back approximately 14.5% of its outstanding shares as of 2021. Between 25 September and 1 October 2025, the bank repurchased 6,400,000 shares across several European trading venues at weighted average prices around €8.70–€8.82 per share.