Banco Santander Q2 2025 Financial Report Summary

SEC Filing 6-K (0000891478-25-000103)

Banco Santander reported its Q2 2025 financial results, highlighting a 13% year-on-year increase in attributable profit to EUR 6,833 million. The bank achieved a fifth consecutive quarter of record profit, driven by solid performances across its global businesses. Key highlights include a 1% increase in total income to EUR 29,182 million, with net interest income at EUR 21,211 million and net fee income at EUR 6,342 million. The bank's cost of risk improved to 1.14%, and the CET1 ratio stood at 13.0%. Santander also announced strategic transactions, including the sale of a 49% stake in Santander Bank Polska to Erste Group Bank AG and the acquisition of TSB Banking Group plc. The bank remains on track to meet its 2025 targets, focusing on profitable growth, efficiency, and strong risk management.