Banco Santander Q2 2025 Earnings Presentation

SEC Filing 6-K (0000891478-25-000107)

Banco Santander, S.A. released its Q2 2025 earnings presentation, highlighting key financial metrics and strategic updates. The bank reported a CET1 ratio of 13.0%, at the top end of its 12-13% operating range for 2025. The bond portfolio represents 8% of total assets, with a conservative and decentralized liquidity and funding model. The bank issued €23.3 billion in public markets in H1 2025, maintaining a solid liquidity position with LCR and NFSR above minimum requirements. The presentation also emphasized the importance of alternative performance measures (APMs) and non-IFRS measures, which are used for planning, monitoring, and evaluating performance. Sustainability information was included, though it is not audited. Forward-looking statements were provided, cautioning about potential risks and uncertainties that could affect future results.