These are our key details and figures, collected in our last presentation of results:
January - December | Change | 4Q23 | Quarter-on-quarter | ||
---|---|---|---|---|---|
€ million / % | 2023 | 2022 | |||
PROFIT/(LOSS) | |||||
Net interest income | 10,113 | 6,553 | 54.3 % | 2,749 | 0.4 % |
Net fee and commission income | 3,658 | 3,855 | (5.1) % | 917 | 2.5 % |
Core income | 15,137 | 11,504 | 31.6 % | 4,009 | (0.2) % |
Gross income | 14,231 | 11,093 | 28.3 % | 3,542 | (11.8) % |
Recurring administrative expenses, depreciation and amortisation | (5,812) | (5,525) | 5.2 % | (1,447) | (1.6) % |
Pre-impairment income | 8,410 | 5,519 | 52.4 % | 2,095 | (17.6) % |
Pre-impairment income stripping out extraordinary expenses | 8,419 | 5,568 | 51.2 % | 2,095 | (17.7) % |
Profit/(loss) attributable to the Group | 4,816 | 3,129 | 53.9 % | 1,157 | (24.0) % |
MAIN RATIOS (Last 12 months) | ||||||
---|---|---|---|---|---|---|
Cost-to-income ratio | 40.9 % | 50.3 % | (9.3) | 40.9 % | (1.8) | |
Cost-to-income ratio stripping out extraordinary expenses |
40.8 % | 49.8 % | (9.0) | 40.8 % | (1.7) | |
Cost of risk (last 12 months) | 0.28 % | 0.25 % | 0.03 | 0.28 % | (0.02) | |
ROE |
13.2 % | 8.3 % | 4.9 | 13.2 % | 1.3 | |
ROTE |
15.6 % | 9.8 % | 5.9 | 15.6 % | 1.5 | |
ROA | 0.7 % | 0.4 % | 0.3 | 0.7 % | 0.1 | |
RORWA | 2.1 % | 1.3 % | 0.7 | 2.1 % | 0.2 |
December | Change | September | Quarter-on-quarter | ||
---|---|---|---|---|---|
2023 | 2022 | 2023 | |||
BALANCE SHEET | |||||
Total assets | 607,167 | 598,850 | 1.4% | 611,398 | (0.7) % |
Equity | 36,339 | 33,708 | 7.8% | 35,332 | 2.9 % |
BUSINESS ACTIVITY | |||||
---|---|---|---|---|---|
Customer funds | 630,330 | 611,300 | 3.1 % | 619,323 | 1.8 % |
Loans and advances to customers, gross | 354,098 | 361,323 | (2.0) % | 355,057 | (0.3) % |
RISK MANAGEMENT | |||||
---|---|---|---|---|---|
Non-performing loans (NPL) | 10,516 | 10,690 | (175) | 10,200 | 315 |
Non-performing loan ratio | 2.7 % | 2.7 % | 0.0 | 2.7 % | 0.1 |
Provisions for insolvency risk | 7,665 | 7,867 | (202) | 7,725 | (60) |
NPL coverage ratio | 73 % | 74 % | (0.7) | 76 % | (2.8) |
Net foreclosed available for sale real estate assets | 1,582 | 1,893 | (311) | 1,688 | (106) |
LIQUIDITY | |||||
---|---|---|---|---|---|
Total Liquid Assets | 160,204 | 139,010 | 21,193 | 153,813 | 6,390 |
Liquidity Coverage Ratio | 215% | 194% | 21 | 205 % | 11 |
Net Stable Funding Ratio (NSFR) | 143% | 142% | 1 | 139 % | 4 |
Loan to deposits | 89% | 91% |
(2) |
90 % | (1) |
CAPITAL ADEQUACY | |||||
---|---|---|---|---|---|
Common Equity Tier 1 (CET1) | 12.4% | 12.8% | (0.4) | 12.3 % | 0.1 |
Tier 1 | 14.3% | 14.8% | (0.4) | 14.3 % | 0.1 |
Total capital | 17.1% | 17.3% | (0.2) | 17.1 % | 0.0 |
MREL | 26.8% | 25.9% | 0.9 | 27.1 % | (0.3) |
Risk-Weighted Assets (RWAs) | 228,619 | 215,103 | 13,516 | 222,423 | 6,196 |
Leverage Ratio | 5.8% | 5.6% | 0.2 | 5.6 % | 0.3 |
SHARE INFORMATION | |||||
---|---|---|---|---|---|
Share price (€/share) | 3.726 | 3.672 | 0.054 | 3.786 | (0.060) |
Market capitalisation | 27,450 | 27,520 | (70) | 28,309 | (859) |
Book value per share (€/share) | 4.93 | 4.49 | 0.44 | 4.72 | 0.21 |
Tangible book value per share (€/share) | 4.20 | 3.77 | 0.43 | 4.00 | 0.20 |
Net income attributable per share (€/share) (12 months) | 0.64 | 0.40 | 0.24 | 0.58 | 0.07 |
PPER (Price/Profit; times) | 5.78 | 9.18 | (3.40) | 6.58 | (0.80) |
Tangible PBV (Market value/ book value of tangible assets) | 0.89 | 0.97 | (0.09) | 0.95 | (0.06) |
OTHER DATA (units) | |||||
---|---|---|---|---|---|
Employees | 44,863 | 44,625 | 238 | 44,771 | 92 |
Branches | 4,191 | 4,404 | (213) | 4,199 | (8) |
of which: retail branches in Spain | 3,618 | 3,818 | (200) | 3,622 | (4) |
ATMs | 12,594 | 12,947 | (353) | 12,608 | (14) |