
These are our key details and figures, collected in our last presentation of results:
January - March | Change | ||
---|---|---|---|
€ million / % | 2023 | 2022 | |
PROFIT/(LOSS) | |||
Net interest income | 2,163 | 1,455 | 48.6 % |
Net fee and commission income | 937 | 936 | 0.1 % |
Core income | 3,449 | 2,646 | 30.4 % |
Gross income | 3,101 | 2,658 | 16.7 % |
Recurring administrative expenses, depreciation and amortisation | (1,440) | (1,406) | 2.4 % |
Pre-impairment income | 1,659 | 1,244 | 33.4 % |
Pre-impairment income stripping out extraordinary expenses | 1,662 | 1,252 | 32.8 % |
Profit/(loss) attributable to the Group | 855 | 706 | 21.1 % |
MAIN RATIOS (Last 12 months) | ||||
---|---|---|---|---|
Cost-to-income ratio | 48.6 % | 76.4 % | (27.8) | |
Cost-to-income ratio stripping out extraordinary expenses |
48.2 % | 57.4 % | (9.2) | |
Cost of risk (last 12 months) | 0.26 % | 0.23 % | 0.03 | |
ROE |
8.9 % | 6.5 % | 2.4 | |
ROTE |
10.5 % | 7.6 % | 2.9 | |
ROA | 0.4 % | 0.3 % | 0.1 | |
RORWA | 1.4 % | 1.0 % | 0.4 |
March 2023 | December 2022 | Change | |
---|---|---|---|
BALANCE SHEET | |||
Total assets | 618,708 | 598,850 | 3.3% |
Equity | 33,034 | 33,708 | (2.0)% |
BUSINESS ACTIVITY | |||
---|---|---|---|
Customer funds | 614,608 | 611,300 | 0.5% |
Loans and advances to customers, gross | 361,077 | 361,323 | (0.1%) |
RISK MANAGEMENT | |||
---|---|---|---|
Non-performing loans (NPL) | 10,447 | 10,690 | (243) |
Non-performing loan ratio | 2.7% | 2.7% | 0.0 |
Provisions for insolvency risk | 7,921 | 7,867 | 53 |
NPL coverage ratio | 76% | 74% | 2 |
Net foreclosed available for sale real estate assets | 1,826 | 1,893 | (67) |
LIQUIDITY | |||
---|---|---|---|
Total Liquid Assets | 132,867 | 139,010 | (6,144) |
Liquidity Coverage Ratio | 192% | 194% | (2) |
Net Stable Funding Ratio (NSFR) | 139% | 142% | (3) |
Loan to deposits | 92% | 91% | 1 |
CAPITAL ADEQUACY | |||
---|---|---|---|
Common Equity Tier 1 (CET1) | 12.6% | 12.8% | (0.2) |
Tier 1 | 15.0% | 14.8% | 0.2 |
Total capital | 17.8% | 17.3% | 0.5 |
MREL | 26.2% | 25.9% | 0.3 |
Risk-Weighted Assets (RWAs) | 215,133 | 215,103 | 30 |
Leverage Ratio | 5.6% | 5,6% | - |
SHARE INFORMATION | |||
---|---|---|---|
Share price (€/share) | 3,584 | 3,672 | (0.088) |
Market capitalisation | 26,862 | 27,520 | (657) |
Book value per share (€/share) | 4.40 | 4.49 | (0.09) |
Tangible book value per share (€/share) | 3.69 | 3.77 | (0.08) |
Net income attributable per share (€/share) (12 months) | 0.43 | 0.40 | 0.03 |
PPER (Price/Profit; times) | 8.41 | 9.18 | (0.77) |
Tangible PBV (Market value/ book value of tangible assets) | 0.97 | 0.97 |
OTHER DATA (units) | |||
---|---|---|---|
Employees | 44,654 | 44,625 | 29 |
Branches | 4,263 | 4,404 | (141) |
of which: retail branches in Spain | 3,684 | 3,818 | (134) |
ATMs | 12,780 | 12,947 | (167) |