
These are our key details and figures, collected in our last presentation of results:
January - June | Change | 2Q23 | Quarter-on-quarter | ||
---|---|---|---|---|---|
€ million / % | 2023 | 2022 | |||
PROFIT/(LOSS) | |||||
Net interest income | 4,624 | 2,979 | 55.2 % | 2,442 | 11.9 % |
Net fee and commission income | 1,846 | 1,928 | (4.2) % | 909 | (3.1) % |
Core income | 7,110 | 5,417 | 31.3 % | 3,661 | 6.1 % |
Gross income | 6,673 | 5,420 | 23.1 % | 3,572 | 15.2 % |
Recurring administrative expenses, depreciation and amortisation | (2,894) | (2,773) | 4.3 % | (1,455) | 1.0 % |
Pre-impairment income | 3,774 | 2,623 | 43.9 % | 2,115 | 27.4 % |
Pre-impairment income stripping out extraordinary expenses | 3,779 | 2,647 | 42.8 % | 2,118 | 27.4 % |
Profit/(loss) attributable to the Group | 2,137 | 1,573 | 35.8 % | 1,281 | 49.8 % |
MAIN RATIOS (Last 12 months) | ||||||
---|---|---|---|---|---|---|
Cost-to-income ratio | 46.0 % | 57.6 % | (11.7) | 46.0 % | (2.6) | |
Cost-to-income ratio stripping out extraordinary expenses |
45.7 % | 56.1 % | (10.4) | 45.7 % | (2.5) | |
Cost of risk (last 12 months) | 0.27 % | 0.23 % | 0.03 | 0.27 % | 0.01 | |
ROE |
10.2 % | 6.8 % | 3.4 | 10.2 % | 1.3 | |
ROTE |
12.0 % | 7.9 % | 4.1 | 12.0 % | 1.6 | |
ROA | 0.5 % | 0.3 % | 0.2 | 0.5 % | 0.1 | |
RORWA | 1.6 % | 1.1 % | 0.5 | 1.6 % | 0.2 |
June 2023 | December 2022 | Change | March 2023 | Quarter-on-quarter | |
---|---|---|---|---|---|
BALANCE SHEET | |||||
Total assets | 625,597 | 598,850 | 4.5% | 618,708 | 1.1 % |
Equity | 34,044 | 33,708 | 1.0% | 33,034 | 3.1 % |
BUSINESS ACTIVITY | |||||
---|---|---|---|---|---|
Customer funds | 627,824 | 611,300 | 2.7 % | 614,608 | 2.2 % |
Loans and advances to customers, gross | 363,952 | 361,323 | 0.7 % | 361,077 | 0.8 % |
RISK MANAGEMENT | |||||
---|---|---|---|---|---|
Non-performing loans (NPL) | 10,317 | 10,690 | (373) | 10,447 | (130) |
Non-performing loan ratio | 2.6 % | 2.7 % | (0.1) | 2.7 % | (0.1) |
Provisions for insolvency risk | 7,880 | 7,867 | 13 | 7,921 | (40) |
NPL coverage ratio | 76 % | 74 % | 3 | 76 % | — |
Net foreclosed available for sale real estate assets | 1,759 | 1,893 | (134) | 1,826 | (67) |
LIQUIDITY | |||||
---|---|---|---|---|---|
Total Liquid Assets | 146,646 | 139,010 | 7,636 | 132,867 | 13,779 |
Liquidity Coverage Ratio | 207% | 194% | (13 | 192 % | (29) |
Net Stable Funding Ratio (NSFR) | 138% | 142% | (4) | 139 % | (1) |
Loan to deposits | 91% | 91% | 0 | 92 % | (1) |
CAPITAL ADEQUACY | |||||
---|---|---|---|---|---|
Common Equity Tier 1 (CET1) | 12.5% | 12.8% | (0.3) | 12.6 % | (0.1) |
Tier 1 | 14.6% | 14.8% | (0.2) | 15.0 % | (0.4) |
Total capital | 17.5% | 17.3% | 0.2 | 17.8 % | (0.3) |
MREL | 25.6% | 25.9% | (0.3) | 26.2 % | (0.6) |
Risk-Weighted Assets (RWAs) | 217,908 | 215,103 | 2,805 | 215,179 | 2,729 |
Leverage Ratio | 5.4% | 5.6% | (0.2) | 5.6 % | (0.2) |
SHARE INFORMATION | |||||
---|---|---|---|---|---|
Share price (€/share) | 3.787 | 3.672 | 0.115 | 3.584 | 0.203 |
Market capitalisation | 28,384 | 27,520 | 864 | 26,862 | 1,522 |
Book value per share (€/share) | 4.54 | 4.49 | 0.05 | 4.40 | 0.13 |
Tangible book value per share (€/share) | 3.82 | 3.77 | 0.05 | 3.69 | 0.14 |
Net income attributable per share (€/share) (12 months) | 0.49 | 0.40 | 0.09 | 0.43 | 0.06 |
PPER (Price/Profit; times) | 7.76 | 9.18 | (1.42) | 8.41 | (0.65) |
Tangible PBV (Market value/ book value of tangible assets) | 0.99 | 0.97 | 0.02 | 0.97 | 0.02 |
OTHER DATA (units) | |||||
---|---|---|---|---|---|
Employees | 44,683 | 44,625 | 58 | 44,654 | 29 |
Branches | 4,228 | 4,404 | (176) | 4,263 | (35) |
of which: retail branches in Spain | 3,649 | 3,818 | (169) | 3,684 | (35) |
ATMs | 12,691 | 12,947 | (256) | 12,780 | (89) |