These are our key details and figures, collected in our last presentation of results:

January - September Change 3Q22 Quarter-on-quarter
€ million / % 2022 2021
PROFIT/(LOSS)
Net interest income 4,843 4,416 9.7% 1,687  5.1%
Net fee and commission income 2,998 2,604 15.1% 1,004  (2.2)%
Core income 8,640 7,708 12.1% 2,991  3.6%
Gross income 8,647 7,711 12.1% 2,992 3.9%
Recurring administrative expenses, depreciation and amortisation (4,516) (4,353) 3.7% (1,505)  1.1%
Pre-impairment income 4,096 1,337 - 1,476  7.3%
Pre-impairment income stripping out extraordinary expenses 4,131 3,357 23.1% 1,487 6.8%
Profit/(loss) attributable to the Group 2,457 4,801 (48.8%) 884  2.2%
Profit/(loss) attributable to the Group ex M&A impacts in 2021 2,457 2,022  21.5% - -
MAIN RATIOS (Last 12 months)
Cost-to-income ratio  55.5%  75.7% (20.2) 55.5% (2.1)
Cost-to-income ratio stripping out extraordinary expenses
54.3%  55.3% (1.0) 54.3% (1.8)
Cost of risk1 (last 12 months) 0.23% 0.24% (0.01) 0.23% 0.00
ROE1
7.2%  8.1% (1.0)  7.2% 0.4
ROTE1
 8.4%  9.6% (1.2) 8.4% 0.5
ROA1 0.4% 0.4% (0.1) 0.4% 0.0
RORWA1 1.2% 1.3% (0.1) 1.2% 0.1

September 2022 December 2021 Change June 2022 Quarter-on-quarter
BALANCE SHEET
Total assets 675,790 680,036 (0.6)% 704,505 (4.1)%
Equity 34,274 35,425 (3.3)% 34,843  (1.6)%
BUSINESS ACTIVITY
Customer funds 612,504 619,971 (1.2)% 624,087  (1.9)%
Loans and advances to customers, gross 362,465 352,951 2.7% 362,770 (0.1)%
RISK MANAGEMENT
Non-performing loans (NPL) 11,643 13,634 (1,991) 12,424 (782)
Non-performing loan ratio  3.0% 3.6% (0.6)  3.2% (0.2)
Provisions for insolvency risk 7,867 8,625 (758) 8,126 (259)
NPL coverage ratio  68% 63% 5 65% 3
Net foreclosed available for sale real estate assets 2,044 2,279 (235) 2,110 (66)
LIQUIDITY
Total Liquid Assets 141,981 168,349 (26,368) 162,847 (20,866)
Liquidity Coverage Ratio (last 12 months) 313% 320% (7) 323% (10)
Net Stable Funding Ratio (NSFR) 145% 154% (9) 150% (5)
Loan to deposits 90% 89% (1) 88% 2
CAPITAL ADEQUACY
Common Equity Tier 1 (CET1) 12.4% 13.1% (0.7) 12.4% -
Tier 1 14.3% 15.5% (1.2) 14.4% (0.1)
Total capital 16.5% 17.9% (1.4) 16.6% (0.1)
MREL 25.1% 25.7% (0.6) 24.6% 0.5
Risk-Weighted Assets (RWAs) 215,598 215,651 (53) 215,515 83
Leverage Ratio 4.8% 5.3% (0.5) 4.6% 0.2
SHARE INFORMATION
Share price (€/share) 3.311 2.414 0.897 3.317 (0.006)
Market capitalisation 25,176 19,441 5,735 26,079 (903)
Book value per share (€/share) 4.50 4.39 0.11 4.43 0.08
Tangible book value per share (€/share) 3.81 3.73 0.08 3.75 0.06
Net income (ex M&A impacts) attributable per share (€/share) (12 months) 0.32 0.28 0.04 0.30 0.02
PER (Price/Profit, ex M&A impacts ; times) 10.43 8.65 1.78 11.21 (0.77)
Tangible PBV (Market value/ book value of tangible assets) 0.87 0.65 0.22 0.88 (0.01)
OTHER DATA (units)
Employees 44,501 49,762 (5,261) 45,022 (521)
Branches2 4,461 5,317 (856) 4,543 (82)
of which: retail branches in Spain 3,859 4,615 (756) 3,934 (75)
ATMs 13,047 14,426 (1,379) 13,095 (48)

(1) The 2021 ratios do not include in the numerator the results generated by Bankia before 31 March 2021. which is the recognition date of the merger for accounting purposes or. for consistency. the contribution of the incorporated RWAs or balance items in the denominator, they neither consider the extraordinary impacts associated with the merger.
(2) Does not include branches outside Spain and Portugal or representative offices.