Banco Santander S A : 9M'22 Series

Index

FINANCIAL INFORMATION
January-September 2022
•	Group
•	Primary segments
•	Secondary segments
•	Other information

Index_Group

G R O U P
•	Key consolidated data
•	Income statement EUR	Quarterly
•	Income statement CONSTANT EUR	Quarterly
•	Exchange rate
•	Net fees
•	Operating expenses
•	Net loan loss provisions
•	Balance sheet	Quarterly
•	Customer loans	Quarterly
•	Risks	Quarterly
•	Customer funds	Quarterly
•	Total equity

/xl/drawings/drawing2.xml#Index!A1

Key_data

Key consolidated data
Change
9M'22	9M'21	Absolute	%	2021
Balance sheet (EUR million)
Total assets	1,815,792	1,578,295	237,497	15.0	1,595,835
Loans and advances to customers	1,067,466	958,311	109,155	11.4	972,682
Customer deposits	1,008,800	909,034	99,766	11.0	918,344
Total funds	1,241,548	1,140,322	101,226	8.9	1,153,656
Total equity	99,312	95,624	3,688	3.9	97,053
Note: Total funds includes customer deposits, mutual funds, pension funds and managed portfolios.
Income statement (EUR million)
Net interest income	28,460	24,654	3,806	15.4	33,370
Total income	38,594	34,626	3,968	11.5	46,404
Net operating income	20,999	18,848	2,151	11.4	24,989
Profit before tax	11,761	10,716	1,045	9.8	14,547
Attributable profit to the parent	7,316	5,849	1,467	25.1	8,124
Change in constant euros
Net interest income: +8.2%; Total income: +4.6%; Net operating income: +3.2%; Profit before tax: +0.1%; Attributable profit: +13.7%.
EPS, profitability and efficiency (%)
EPS (euro)	0.409	0.313	0.096	30.5	0.438
RoE	10.86	9.54	9.66
RoTE	13.57	11.82	11.96
RoA	0.64	0.61	0.62
RoRWA	1.82	1.66	1.69
Efficiency ratio	45.5	45.6	46.2
Underlying income statement * (EUR million)
Net interest income	28,460	24,654	3,806	15.4	33,370
Total income	38,629	34,626	4,003	11.6	46,404
Net operating income	21,034	18,848	2,186	11.6	24,989
Profit before tax	11,761	11,432	329	2.9	15,260
Attributable profit to the parent	7,316	6,379	937	14.7	8,654
Change in constant euros
Net interest income: +8.2%; Total income: +4.7%; Net operating income: +3.3%; Profit before tax: -5.7%; Attributable profit: +5.0%.
EPS and profitability * (%)
Underlying EPS (euro)	0.409	0.344	0.065	18.9	0.468
Underlying RoE	10.86	10.18	10.29
Underlying RoTE	13.57	12.61	12.73
Underlying RoA	0.64	0.65	0.65
Underlying RoRWA	1.82	1.76	1.78
Solvency
CET1 fully loaded	12.10	11.85	12.12
fully loaded Total capital ratio	16.00	15.82	16.41
Credit quality
Cost of risk **	0.86	0.90	0.77
NPL ratio	3.08	3.18	3.16
Coverage ratio	70	74	71
Market capitalization and shares
Shares (millions)	16,794	17,341	(546)	(3.2)	17,341
Share price (euros)	2.398	3.137	(0.739)	(23.6)	2.941
Market capitalization (EUR million)	40,265	54,389	(14,124)	(26.0)	50,990
Tangible book value per share (euro)	4.31	3.99	4.12
Price / Tangible book value per share (X)	0.56	0.79	0.71
Customers (thousands)
Total customers	159,384	151,433	7,951	5.3	152,943
Loyal customers	26,841	24,742	2,099	8.5	25,548
Loyal retail customers	24,674	22,588	2,086	9.2	23,359
Loyal SME & corporate customers	2,167	2,154	13	0.6	2,189
Digital customers	50,451	46,693	3,757	8.0	47,489
Digital sales / Total sales (%)	55.5	54.0	54.4
Other data
Number of shareholders	3,928,568	3,817,454	111,114	2.9	3,936,922
Number of employees	203,376	195,264	8,112	4.2	199,177
Number of branches	9,134	9,254	(120)	(1.3)	9,229
(*).- In this document we present the figures related to "underlying" results, which exclude items outside the ordinary course of business, as they are recorded in the separate line of "Net capital gains and provisions", above the line of "Attributable profit to the parent".
(**).- Allowances for loan-loss provisions over the last 12 months / Average loans and advances to customers over the last 12 months.
Note: The financial information in this report was approved by the Board of Directors, following a favourable report from the Audit Committee.

Inc_Statement_EUR

Underlying income statement
EUR million
Change
9M'22	9M'21	Absolute	%
Net interest income	28,460	24,654	3,806	15.4
Net fee income	8,867	7,810	1,057	13.5
Gains (losses) on financial transactions *	1,115	1,220	(105)	(8.6)
Other operating income	187	942	(755)	(80.1)
Total income	38,629	34,626	4,003	11.6
Administrative expenses and amortizations	(17,595)	(15,778)	(1,817)	11.5
Net operating income	21,034	18,848	2,186	11.6
Net loan-loss provisions	(7,491)	(5,973)	(1,518)	25.4
Other gains (losses) and provisions	(1,782)	(1,443)	(339)	23.5
Profit before tax	11,761	11,432	329	2.9
Tax on profit	(3,538)	(3,911)	373	(9.5)
Profit from continuing operations	8,223	7,521	702	9.3
Net profit from discontinued operations	-	-	-	-
Consolidated profit	8,223	7,521	702	9.3
Non-controlling interests	(907)	(1,142)	235	(20.6)
Underlying attributable profit to the parent	7,316	6,379	937	14.7
Net capital gains and provisions **	-	(530)	530	(100.0)
Attributable profit to the parent	7,316	5,849	1,467	25.1
Underlying EPS (euros)	0.409	0.344	0.065	18.9
Underlying diluted EPS (euros)	0.408	0.343	0.065	18.9
EPS (euros)	0.409	0.313	0.096	30.5
Diluted EPS (euros)	0.408	0.312	0.095	30.5
Memorandum items:
Average total assets	1,702,210	1,550,943	151,267	9.8
Average stockholders' equity	89,854	83,574	6,280	7.5
(*).- Includes exchange differences.
(**).- In 2021, restructuring costs of -EUR 530 million.
Quarterly underlying income statement
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Net interest income	7,956	8,240	8,458	8,716	8,855	9,554	10,051
Net fee income	2,548	2,621	2,641	2,692	2,812	3,040	3,015
Gains (losses) on financial transactions *	651	243	326	343	387	356	372
Other operating income	235	201	506	27	251	(135)	71
Total income	11,390	11,305	11,931	11,778	12,305	12,815	13,509
Administrative expenses and amortizations	(5,118)	(5,259)	(5,401)	(5,637)	(5,535)	(5,900)	(6,160)
Net operating income	6,272	6,046	6,530	6,141	6,770	6,915	7,349
Net loan-loss provisions	(1,992)	(1,761)	(2,220)	(1,463)	(2,101)	(2,634)	(2,756)
Other gains (losses) and provisions	(467)	(470)	(506)	(850)	(498)	(537)	(747)
Profit before tax	3,813	3,815	3,804	3,828	4,171	3,744	3,846
Tax on profit	(1,324)	(1,334)	(1,253)	(1,165)	(1,302)	(1,072)	(1,164)
Profit from continuing operations	2,489	2,481	2,551	2,663	2,869	2,672	2,682
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	2,489	2,481	2,551	2,663	2,869	2,672	2,682
Non-controlling interests	(351)	(414)	(377)	(388)	(326)	(321)	(260)
Underlying attributable profit to the parent	2,138	2,067	2,174	2,275	2,543	2,351	2,422
Net capital gains and provisions **	(530)	-	-	-	-	-	-
Attributable profit to the parent	1,608	2,067	2,174	2,275	2,543	2,351	2,422
Underlying EPS (euros)	0.116	0.112	0.117	0.125	0.141	0.131	0.137
Underlying diluted EPS (euros)	0.115	0.111	0.116	0.124	0.140	0.130	0.137
EPS (euros)	0.085	0.112	0.117	0.124	0.141	0.131	0.137
Diluted EPS (euros)	0.085	0.111	0.116	0.124	0.140	0.130	0.137
(*).- Includes exchange differences.
(**).- Including:
- In Q1'21, restructuring costs of -EUR 530 million.

Inc_Statement_EUR-KTES

Underlying income statement
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Net interest income	28,460	26,296	2,164	8.2
Net fee income	8,867	8,263	604	7.3
Gains (losses) on financial transactions *	1,115	1,283	(168)	(13.1)
Other operating income	187	1,065	(878)	(82.4)
Total income	38,629	36,907	1,722	4.7
Administrative expenses and amortizations	(17,595)	(16,554)	(1,041)	6.3
Net operating income	21,034	20,353	681	3.3
Net loan-loss provisions	(7,491)	(6,420)	(1,071)	16.7
Other gains (losses) and provisions	(1,782)	(1,459)	(323)	22.2
Profit before tax	11,761	12,474	(713)	(5.7)
Tax on profit	(3,538)	(4,285)	747	(17.4)
Profit from continuing operations	8,223	8,189	34	0.4
Net profit from discontinued operations	-	(0)	0	(100.0)
Consolidated profit	8,223	8,189	34	0.4
Non-controlling interests	(907)	(1,221)	314	(25.7)
Underlying attributable profit to the parent	7,316	6,969	347	5.0
Net capital gains and provisions **	-	(536)	536	(100.0)
Attributable profit to the parent	7,316	6,433	883	13.7
(*).- Includes exchange differences.
(**).- In 2021, restructuring costs.
Quarterly underlying income statement
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Net interest income	8,576	8,791	8,929	9,223	9,087	9,429	9,943
Net fee income	2,730	2,779	2,754	2,829	2,880	2,998	2,989
Gains (losses) on financial transactions *	685	255	343	351	392	348	375
Other operating income	276	245	544	43	277	(125)	34
Total income	12,266	12,070	12,571	12,446	12,637	12,651	13,341
Administrative expenses and amortizations	(5,404)	(5,522)	(5,628)	(5,878)	(5,644)	(5,844)	(6,107)
Net operating income	6,862	6,548	6,943	6,568	6,993	6,807	7,235
Net loan-loss provisions	(2,157)	(1,889)	(2,374)	(1,587)	(2,186)	(2,599)	(2,706)
Other gains (losses) and provisions	(479)	(465)	(515)	(872)	(502)	(525)	(754)
Profit before tax	4,227	4,193	4,055	4,108	4,305	3,682	3,774
Tax on profit	(1,482)	(1,465)	(1,338)	(1,265)	(1,345)	(1,050)	(1,143)
Profit from continuing operations	2,745	2,728	2,717	2,844	2,960	2,632	2,632
Net profit from discontinued operations	-	-	(0)	0	-	-	-
Consolidated profit	2,745	2,728	2,717	2,844	2,960	2,632	2,632
Non-controlling interests	(379)	(443)	(398)	(411)	(330)	(317)	(260)
Underlying attributable profit to the parent	2,366	2,285	2,318	2,433	2,629	2,315	2,372
Net capital gains and provisions **	(539)	2	1	1	-	-	-
Attributable profit to the parent	1,827	2,287	2,320	2,434	2,629	2,315	2,372
(*).- Includes exchange differences.
(**).- Including:
- In Q1'21, restructuring costs.

Exchange_rate

Exchange rates: 1 euro / currency parity
Average (income statement)	Period-end (balance sheet)
9M'22	9M'21	Sep-22	Jun-22	Sep-21
US dollar	1.062	1.196	0.981	1.045	1.160
Pound sterling	0.847	0.863	0.878	0.860	0.858
Brazilian real	5.440	6.367	5.286	5.473	6.300
Mexican peso	21.506	24.069	19.678	21.073	23.826
Chilean peso	911.870	882.025	939.402	979.495	941.091
Argentine peso	126.972	111.546	144.538	130.825	114.500
Polish zloty	4.670	4.547	4.843	4.702	4.599

Net_fees

Net fee income
EUR million
Change
9M'22	9M'21	Absolute	%
Fees from services	5,140	4,255	885	20.8
Wealth management and marketing of customer funds	2,991	2,751	240	8.7
Securities and custody	736	804	(68)	(8.5)
Net fee income	8,867	7,810	1,057	13.5

Operat_Costs

Operating expenses
EUR million
Change
9M'22	9M'21	Absolute	%
Personnel expenses	9,125	8,205	920	11.2
General expenses	6,235	5,509	726	13.2
Information technology	1,823	1,596	227	14.2
Communications	311	299	12	4.0
Advertizing	407	364	43	11.8
Buildings and premises	557	519	38	7.3
Printed and office material	70	66	4	6.1
Taxes (other than tax on profits)	427	394	33	8.4
Other expenses	2,640	2,271	369	16.2
Personnel and general expenses	15,360	13,714	1,646	12.0
Depreciation and amortization	2,235	2,064	171	8.3
Operating expenses	17,595	15,778	1,817	11.5

Loan_los_prov

Net loan-loss provisions
EUR million
Change
9M'22	9M'21	Absolute	%
Non-performing loans	8,490	6,901	1,589	23.0
Country-risk	-	(1)	1	(100.0)
Recovery of written-off assets	(999)	(927)	(72)	7.8
Net loan-loss provisions	7,491	5,973	1,518	25.4

Balance_sheet

Balance sheet
EUR million
Change
Sep-22	Sep-21	Absolute	%	Dec-21
Assets
Cash, cash balances at central banks and other demand deposits	246,533	191,035	55,498	29.1	210,689
Financial assets held for trading	179,775	122,967	56,808	46.2	116,953
Debt securities	37,655	30,834	6,821	22.1	26,750
Equity instruments	9,271	14,586	(5,315)	(36.4)	15,077
Loans and advances to customers	14,131	3,651	10,480	287.0	6,829
Loans and advances to central banks and credit institutions	35,480	17,246	18,234	105.7	14,005
Derivatives	83,238	56,650	26,588	46.9	54,292
Financial assets designated at fair value through profit or loss	15,462	42,126	(26,664)	(63.3)	21,493
Loans and advances to customers	7,306	22,930	(15,624)	(68.1)	10,826
Loans and advances to central banks and credit institutions	618	11,876	(11,258)	(94.8)	3,152
Other (debt securities an equity instruments)	7,538	7,320	218	3.0	7,515
Financial assets at fair value through other comprehensive income	87,915	109,570	(21,655)	(19.8)	108,038
Debt securities	78,117	98,016	(19,899)	(20.3)	97,922
Equity instruments	2,030	2,690	(660)	(24.5)	2,453
Loans and advances to customers	7,768	8,864	(1,096)	(12.4)	7,663
Loans and advances to central banks and credit institutions	-	-	-	-	-
Financial assets measured at amortized cost	1,173,274	1,011,994	161,280	15.9	1,037,898
Debt securities	68,727	34,079	34,648	101.7	35,708
Loans and advances to customers	1,038,261	922,867	115,394	12.5	947,364
Loans and advances to central banks and credit institutions	66,286	55,048	11,238	20.4	54,826
Investments in subsidiaries, joint ventures and associates	7,805	7,684	121	1.6	7,525
Tangible assets	35,662	32,446	3,216	9.9	33,321
Intangible assets	18,789	16,246	2,543	15.7	16,584
Goodwill	14,138	12,645	1,493	11.8	12,713
Other intangible assets	4,651	3,601	1,050	29.2	3,871
Other assets	50,577	44,227	6,350	14.4	43,334
Total assets	1,815,792	1,578,295	237,497	15.0	1,595,835
Liabilities and shareholders' equity
Financial liabilities held for trading	132,563	80,147	52,416	65.4	79,469
Customer deposits	12,451	4,809	7,642	158.9	6,141
Debt securities issued	-	-	-	-	-
Deposits by central banks and credit institutions	18,792	5,350	13,442	251.3	7,526
Derivatives	82,505	55,086	27,419	49.8	53,566
Other	18,815	14,902	3,913	26.3	12,236
Financial liabilities designated at fair value through profit or loss	44,599	47,900	(3,301)	(6.9)	32,733
Customer deposits	35,994	36,694	(700)	(1.9)	25,608
Debt securities issued	5,442	5,401	41	0.8	5,454
Deposits by central banks and credit institutions	3,163	5,805	(2,642)	(45.5)	1,671
Other	-	-	-	-	-
Financial liabilities measured at amortized cost	1,493,298	1,317,759	175,539	13.3	1,349,169
Customer deposits	960,355	867,531	92,824	10.7	886,595
Debt securities issued	279,591	238,882	40,709	17.0	240,709
Deposits by central banks and credit institutions	214,164	180,221	33,943	18.8	191,992
Other	39,188	31,125	8,063	25.9	29,873
Liabilities under insurance contracts	777	779	(2)	(0.3)	770
Provisions	8,341	9,815	(1,474)	(15.0)	9,583
Other liabilities	36,902	26,271	10,631	40.5	27,058
Total liabilities	1,716,480	1,482,671	233,809	15.8	1,498,782
Shareholders' equity	123,340	118,380	4,960	4.2	119,649
Capital stock	8,397	8,670	(273)	(3.1)	8,670
Reserves	108,606	104,702	3,904	3.7	103,691
Attributable profit to the Group	7,316	5,849	1,467	25.1	8,124
Less: dividends	(979)	(841)	(138)	16.4	(836)
Other comprehensive income	(32,316)	(32,992)	676	(2.0)	(32,719)
Minority interests	8,288	10,236	(1,948)	(19.0)	10,123
Total equity	99,312	95,624	3,688	3.9	97,053
Total liabilities and equity	1,815,792	1,578,295	237,497	15.0	1,595,835
Balance sheet
EUR million
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Assets
Cash, cash balances at central banks and other demand deposits	192,925	183,091	191,035	210,689	198,501	211,276	246,533
Financial assets held for trading	109,643	102,792	122,967	116,953	148,472	163,235	179,775
Debt securities	39,212	34,114	30,834	26,750	37,256	41,668	37,655
Equity instruments	11,626	13,545	14,586	15,077	12,736	10,686	9,271
Loans and advances to customers	303	265	3,651	6,829	13,597	15,090	14,131
Loans and advances to central banks and credit institutions	2	-	17,246	14,005	26,719	27,076	35,480
Derivatives	58,500	54,868	56,650	54,292	58,164	68,715	83,238
Financial assets designated at fair value through profit or loss	61,289	61,324	42,126	21,493	18,191	16,870	15,462
Loans and advances to customers	27,001	25,353	22,930	10,826	8,239	7,755	7,306
Loans and advances to central banks and credit institutions	27,473	28,791	11,876	3,152	2,153	1,396	618
Other (debt securities an equity instruments)	6,815	7,180	7,320	7,515	7,799	7,719	7,538
Financial assets at fair value through other comprehensive income	113,370	114,505	109,570	108,038	97,894	91,998	87,915
Debt securities	101,496	103,549	98,016	97,922	86,152	82,664	78,117
Equity instruments	2,793	2,751	2,690	2,453	2,370	2,131	2,030
Loans and advances to customers	9,081	8,205	8,864	7,663	9,372	7,203	7,768
Loans and advances to central banks and credit institutions	-	-	-	-	-	-	-
Financial assets measured at amortized cost	981,581	1,003,417	1,011,994	1,037,898	1,096,679	1,129,690	1,173,274
Debt securities	26,430	29,038	34,079	35,708	50,391	57,520	68,727
Loans and advances to customers	903,375	920,695	922,867	947,364	980,289	1,007,673	1,038,261
Loans and advances to central banks and credit institutions	51,776	53,684	55,048	54,826	65,999	64,497	66,286
Investments in subsidiaries, joint ventures and associates	7,693	7,562	7,684	7,525	7,829	7,665	7,805
Tangible assets	33,386	32,678	32,446	33,321	33,781	34,640	35,662
Intangible assets	15,990	16,454	16,246	16,584	17,450	18,349	18,789
Goodwill	12,460	12,854	12,645	12,713	13,470	13,877	14,138
Other intangible assets	3,530	3,600	3,601	3,871	3,980	4,472	4,651
Other assets	47,002	46,813	44,227	43,334	47,215	49,117	50,577
Total assets	1,562,879	1,568,636	1,578,295	1,595,835	1,666,012	1,722,840	1,815,792
Liabilities and shareholders' equity
Financial liabilities held for trading	71,293	68,982	80,147	79,469	97,866	114,406	132,563
Customer deposits	-	-	4,809	6,141	12,708	13,799	12,451
Debt securities issued	-	-	-	-	-	-	-
Deposits by central banks and credit institutions	-	-	5,350	7,526	13,032	14,860	18,792
Derivatives	55,935	52,440	55,086	53,566	55,908	67,152	82,505
Other	15,358	16,542	14,902	12,236	16,218	18,595	18,815
Financial liabilities designated at fair value through profit or loss	69,977	54,131	47,900	32,733	38,778	40,823	44,599
Customer deposits	49,394	38,005	36,694	25,608	29,285	31,463	35,994
Debt securities issued	4,538	5,491	5,401	5,454	5,902	5,597	5,442
Deposits by central banks and credit institutions	16,045	10,635	5,805	1,671	3,591	3,763	3,163
Other	-	-	-	-	-	-	-
Financial liabilities measured at amortized cost	1,290,475	1,310,433	1,317,759	1,349,169	1,389,315	1,427,721	1,493,298
Customer deposits	833,460	856,122	867,531	886,595	915,827	928,525	960,355
Debt securities issued	240,765	237,739	238,882	240,709	241,908	255,049	279,591
Deposits by central banks and credit institutions	189,095	182,770	180,221	191,992	194,581	203,511	214,164
Other	27,155	33,802	31,125	29,873	36,999	40,636	39,188
Liabilities under insurance contracts	1,102	1,014	779	770	812	858	777
Provisions	10,881	10,400	9,815	9,583	9,239	8,590	8,341
Other liabilities	26,465	27,931	26,271	27,058	30,624	32,980	36,902
Total liabilities	1,470,193	1,472,891	1,482,671	1,498,782	1,566,634	1,625,378	1,716,480
Shareholders' equity	115,620	117,552	118,380	119,649	121,368	122,037	123,340
Capital stock	8,670	8,670	8,670	8,670	8,670	8,397	8,397
Reserves	105,342	105,207	104,702	103,691	110,991	108,746	108,606
Attributable profit to the Group	1,608	3,675	5,849	8,124	2,543	4,894	7,316
Less: dividends	-	-	(841)	(836)	(836)	-	(979)
Other comprehensive income	(33,154)	(32,181)	(32,992)	(32,719)	(30,978)	(32,526)	(32,316)
Minority interests	10,220	10,374	10,236	10,123	8,988	7,951	8,288
Total equity	92,686	95,745	95,624	97,053	99,378	97,462	99,312
Total liabilities and equity	1,562,879	1,568,636	1,578,295	1,595,835	1,666,012	1,722,840	1,815,792

Customer_loans

Loans and advances to customers
EUR million
Change
Sep-22	Sep-21	Absolute	%	Dec-21
Commercial bills	55,936	42,316	13,620	32.2	49,603
Secured loans	576,932	525,118	51,814	9.9	542,404
Other term loans	300,343	276,474	23,869	8.6	269,526
Finance leases	38,998	38,083	915	2.4	38,503
Receivable on demand	12,128	9,549	2,579	27.0	10,304
Credit cards receivable	22,394	18,570	3,824	20.6	20,397
Impaired assets	33,727	31,629	2,098	6.6	31,645
Gross loans and advances to customers (excl. reverse repos)	1,040,458	941,739	98,719	10.5	962,382
Reverse repos	51,093	40,358	10,735	26.6	33,264
Gross loans and advances to customers	1,091,551	982,097	109,454	11.1	995,646
Loan-loss allowances	24,085	23,786	299	1.3	22,964
Loans and advances to customers	1,067,466	958,311	109,155	11.4	972,682
Loans and advances to customers
EUR million
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Commercial bills	37,596	42,529	42,316	49,603	51,291	57,171	55,936
Secured loans	517,421	522,412	525,118	542,404	555,672	563,525	576,932
Other term loans	274,791	275,974	276,474	269,526	287,025	288,070	300,343
Finance leases	37,340	38,054	38,083	38,503	39,063	39,139	38,998
Receivable on demand	8,578	9,995	9,549	10,304	10,229	13,244	12,128
Credit cards receivable	17,106	18,459	18,570	20,397	21,429	21,884	22,394
Impaired assets	31,598	32,136	31,629	31,645	33,781	32,402	33,727
Gross loans and advances to customers (excl. reverse repos)	924,430	939,559	941,739	962,382	998,490	1,015,435	1,040,458
Reverse repos	38,734	38,536	40,358	33,264	37,033	45,738	51,093
Gross loans and advances to customers	963,164	978,095	982,097	995,646	1,035,523	1,061,173	1,091,551
Loan-loss allowances	23,404	23,577	23,786	22,964	24,026	23,452	24,085
Loans and advances to customers	939,760	954,518	958,311	972,682	1,011,497	1,037,721	1,067,466

Risks

Credit risk management
EUR million
Change
Sep-22	Sep-21	Absolute	%	Dec-21
Non-performing loans	35,600	33,046	2,554	7.7	33,234
NPL ratio (%)	3.08	3.18	(0.10 p.)	3.16
Loan-loss allowances	24,813	24,462	351	1.4	23,698
For impaired assets	14,603	14,205	398	2.8	13,714
For other assets	10,210	10,257	(47)	(0.5)	9,984
Coverage ratio (%)	70	74	(4 p.)	71
Cost of risk (%)	0.86	0.90	(0.04 p.)	0.77
Credit risk management
EUR million
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Non-performing loans	32,473	33,266	33,046	33,234	35,670	34,259	35,600
NPL ratio (%)	3.20	3.22	3.18	3.16	3.26	3.05	3.08
Loan-loss allowances	24,034	24,239	24,462	23,698	24,778	24,195	24,813
For impaired assets	13,804	14,030	14,205	13,714	14,609	13,739	14,603
For other assets	10,230	10,209	10,257	9,984	10,169	10,456	10,210
Coverage ratio (%)	74	73	74	71	69	71	70
Cost of risk (%)	1.08	0.94	0.90	0.77	0.77	0.83	0.86
Non-performing loans by quarter
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Balance at beginning of the period	31,767	32,473	33,266	33,046	33,234	35,670	34,259
Net entries	2,495	2,561	2,188	2,783	3,776	2,115	3,703
Increase in scope of consolidation	-	-	-	-	-	-	-
Exchange rate differences and other	444	351	(368)	102	1,063	(247)	496
Write-offs	(2,233)	(2,119)	(2,040)	(2,697)	(2,403)	(3,279)	(2,858)
Balance at period-end	32,473	33,266	33,046	33,234	35,670	34,259	35,600

Customer_funds

Total funds
EUR million
Change
Sep-22	Sep-21	Absolute	%	Dec-21
Demand deposits	716,428	697,371	19,057	2.7	717,728
Time deposits	226,737	167,035	59,702	35.7	164,259
Mutual funds	185,855	184,782	1,073	0.6	188,096
Customer funds	1,129,020	1,049,188	79,832	7.6	1,070,083
Pension funds	13,840	15,828	(1,988)	(12.6)	16,078
Managed portfolios	33,053	30,678	2,375	7.7	31,138
Repos	65,635	44,628	21,007	47.1	36,357
Total funds	1,241,548	1,140,322	101,226	8.9	1,153,656
Total funds
EUR million
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Demand deposits	667,513	685,086	697,371	717,728	721,056	717,516	716,428
Time deposits	170,172	169,491	167,035	164,259	185,018	197,420	226,737
Mutual funds	169,634	182,491	184,782	188,096	190,940	183,773	185,855
Customer funds	1,007,319	1,037,068	1,049,188	1,070,083	1,097,014	1,098,709	1,129,020
Pension funds	15,767	15,858	15,828	16,078	15,266	14,250	13,840
Managed portfolios	27,715	29,493	30,678	31,138	32,518	32,597	33,053
Repos	45,169	39,550	44,628	36,357	51,746	58,851	65,635
Total funds	1,095,970	1,121,969	1,140,322	1,153,656	1,196,544	1,204,407	1,241,548

Shareholders

Eligible capital. September 2022
EUR million
Fully-loaded	Phased-in *
CET1	74,653	75,499
Basic capital	83,667	84,513
Eligible capital	98,724	99,773
Risk-weighted assets	617,116	616,738
CET1 capital ratio	12.10	12.24
T1 capital ratio	13.56	13.70
Total capital ratio	16.00	16.18
Eligible capital (phased-in) *
EUR million
Change
Sep-22	Sep-21	Absolute	%	Dec-21
Capital stock and reserves	117,231	115,063	2,169	1.9	114,806
Attributable profit	7,316	5,849	1,468	25.1	8,124
Dividends	(1,463)	(1,276)	(188)	14.7	(1,731)
Other retained earnings	(31,705)	(34,968)	3,262	(9.3)	(34,395)
Minority interests	7,289	6,658	631	9.5	6,736
Goodwill and intangible assets	(17,464)	(15,781)	(1,682)	10.7	(16,064)
Other deductions	(5,705)	(4,757)	(948)	19.9	(5,076)
Core CET1	75,499	70,787	4,711	6.7	72,402
Preferred shares and other eligible T1	9,015	10,110	(1,095)	(10.8)	10,050
Tier 1	84,513	80,897	3,616	4.5	82,452
Generic funds and eligible T2 instruments	15,260	12,639	2,620	20.7	14,865
Eligible capital	99,773	93,537	6,236	6.7	97,317
Risk-weighted assets	616,738	577,209	39,530	6.8	578,930
CET1 capital ratio	12.24	12.26	(0.02)	12.51
T1 capital ratio	13.70	14.02	(0.31)	14.24
Total capital ratio	16.18	16.20	(0.03)	16.81
(*).- The phased-in ratio includes the transitory treatment of IFRS 9, calculated in accordance with article 473 bis of the Regulation on Capital Requirements (CRR) and subsequent amendments introduced by Regulation 2020/873 of the European Union. Total phased-in capital ratios include the transitory treatment according to chapter 4, title 1, part 10 of the CRR2.

Index_PrimarySegments

PRIMARY SEGMENTS (quarterly data)
•	Summary Segments
•	EUROPE - EUR ……………………………………………………………………………………………….		Quarterly	•	SOUTH AMERICA - EUR ………………………………………………………………………………………………………………..		Quarterly
•	EUROPE - Constant EUR ……………………………………………………………………………………………….		Quarterly	•	SOUTH AMERICA - Constant EUR ………………………………………………………………………………………………………………..		Quarterly
• Spain - EUR …………………………………………………………………………………………………………………………………….		Quarterly	• Brazil - EUR ……………………………………………………………………………………………………………………………..		Quarterly
• UK - EUR …………………………………………………………………………………….		Quarterly	• Brazil - Constant EUR ……………………………………………………………………………………………………		Quarterly
• UK - Constant EUR …………………………………………………………………………………….		Quarterly	• Brazil - BRL ……………………………………………………………………………………………………………………………..		Quarterly
• UK - GBP ……………………………………………………………………………………………………...		Quarterly	• Chile - EUR ……………………………………………………………………………………………………………………………….		Quarterly
• Portugal - EUR ……………………………………………………………………………………………………………………………….		Quarterly	• Chile - Constant EUR ………………………………………………………………………………………………………..		Quarterly
• Poland - EUR …………………………………………………………………………………………………………………….		Quarterly	• Chile - CLP ……………………………………………………………………………………………………………………………….		Quarterly
• Poland - Constant EUR ………………………………………………………………………………………………….		Quarterly	• Argentina - EUR ……………………………………………………………………………………………………………………………….		Quarterly
• Poland - PLN ………………………………………………………………………………………………….		Quarterly	• Argentina - Constant EUR ………………………………………………………………………………………………………..		Quarterly
• Other Europe - EUR …………………………………………………………………………………………………………………….		Quarterly	• Argentina - ARS ……………………………………………………………………………………………………………………………….		Quarterly
• Other Europe - Constant EUR …………………………………………………………………………………………………………………….		Quarterly	• Other South America - EUR ……………………………………………………………………………………………………………………………….		Quarterly
•	NORTH AMERICA - EUR …………………………………………………………………………………………………………………..		Quarterly	• Other South America - Constant EUR ……………………………………………………………………………………………………………………………….		Quarterly
•	NORTH AMERICA - Constant EUR …………………………………………………………………………………………………………………..		Quarterly	•	DIGITAL CONSUMER BANK - EUR ………………………………………………………………………………………………………………………………		Quarterly
• USA - EUR ………………………………………………………………………………………………………………………….		Quarterly	•	DIGITAL CONSUMER BANK - Constant EUR ………………………………………………………………………………………………………………………………		Quarterly
• USA - Constant EUR …………………………………………………………………………………………………		Quarterly	•	CORPORATE CENTRE - EUR ………………………………………………………………………………………………………		Quarterly
• USA - USD ………………………………………………………………………………………………………………………….		Quarterly
• Mexico - EUR ………………………………………………………………………………………………………………………….		Quarterly
• Mexico - Constant EUR …………………………………………………………………………………………………		Quarterly
• Mexico - MXN ………………………………………………………………………………………………………………………….		Quarterly
• Other North America - EUR …………………………………………………………………………………………………………………….		Quarterly
• Other North America - Constant EUR …………………………………………………………………………………………………………………….		Quarterly

/xl/drawings/drawing15.xml#Index!A1

Summary_Seg

Key data by segments (I)
Net operating income	Underlying attributable profit to the parent
Change	Change
9M'22	9M'21	%	% w/o FX	9M'22	9M'21	%	% w/o FX
Underlying income statement (EUR million)
Primary segments
Europe	6,977	5,825	19.8	19.3	2,837	2,121	33.7	32.1
Spain	3,118	2,898	7.6	7.6	1,104	553	99.5	99.5
United Kingdom	2,023	1,652	22.5	20.1	1,138	1,120	1.6	(0.3)
Portugal	557	591	(5.8)	(5.8)	360	324	11.4	11.4
Poland	1,270	674	88.5	93.6	229	109	109.4	115.1
Other Europe	10	10	(8.3)	(50.8)	5	15	(64.2)	(75.4)
North America	4,782	4,549	5.1	(6.7)	2,271	2,218	2.4	(9.3)
United States	3,032	3,160	(4.0)	(14.8)	1,489	1,732	(14.0)	(23.7)
Mexico	1,845	1,466	25.9	12.5	874	588	48.6	32.8
Other North America	(95)	(77)	23.7	23.7	(92)	(102)	(9.5)	(11.7)
South America	8,677	7,374	17.7	4.9	2,884	2,462	17.1	5.6
Brazil	6,661	5,713	16.6	(0.4)	2,027	1,758	15.3	(1.5)
Chile	1,197	1,124	6.5	10.1	551	462	19.3	23.3
Argentina	604	371	62.6	105.3	234	178	31.4	65.8
Other South America	215	166	29.7	7.3	72	64	12.0	(15.0)
Digital Consumer Bank	2,034	1,990	2.2	1.6	908	809	12.2	10.8
Corporate Centre	(1,437)	(891)	61.3	61.3	(1,583)	(1,232)	28.5	28.5
TOTAL GROUP	21,034	18,848	11.6	3.3	7,316	6,379	14.7	5.0
Secondary segments
Retail Banking	17,834	16,283	9.5	1.2	5,891	5,398	9.1	(0.1)
Digital Consumer Activities
Corporate & Investment Banking	3,562	2,568	38.7	32.7	2,364	1,680	40.7	35.7
Private Banking & Asset Management & Insurance	1,149	1,033	11.2	7.8	818	739	10.7	7.1
PagoNxt	(74)	(145)	(49.1)	(43.0)	(173)	(206)	(16.2)	(13.1)
Corporate Centre	(1,437)	(891)	61.3	61.3	(1,583)	(1,232)	28.5	28.5
TOTAL GROUP	21,034	18,848	11.6	3.3	7,316	6,379	14.7	5.0
Gross loans and advances to customers excl. reverse repos	Customer deposits excl. repos + mutual funds
Change	Change
Sep-22	Sep-21	%	% w/o FX	Sep-22	Sep-21	%	% w/o FX
Activity (EUR million)
Europe	590,309	567,283	4.1	5.0	714,628	694,670	2.9	3.9
Spain	257,396	241,084	6.8	6.8	391,002	360,409	8.5	8.5
United Kingdom	248,403	243,757	1.9	4.3	224,440	234,041	(4.1)	(1.9)
Portugal	40,566	40,204	0.9	0.9	46,638	45,982	1.4	1.4
Poland	30,076	29,955	0.4	5.7	39,513	41,042	(3.7)	1.4
Other Europe	13,868	12,284	12.9	(3.6)	13,036	13,196	(1.2)	(5.2)
North America	164,773	127,113	29.6	9.0	163,570	133,978	22.1	2.5
United States	121,218	95,318	27.2	7.6	111,301	90,837	22.5	3.7
Mexico	43,492	31,777	36.9	13.0	52,040	43,132	20.7	(0.4)
Other North America	62	18	235.5	235.5	229	9	-	-
South America	158,670	126,335	25.6	12.7	190,756	162,588	17.3	5.0
Brazil	98,009	74,431	31.7	10.5	126,439	103,765	21.9	2.2
Chile	43,413	38,927	11.5	11.3	38,416	40,165	(4.4)	(4.5)
Argentina	6,539	4,928	32.7	67.5	15,456	11,285	37.0	72.9
Other South America	10,710	8,048	16.2	32.9	10,446	7,373	18.6	38.8
Digital Consumer Bank	120,598	114,420	5.4	6.5	59,527	56,628	5.1	6.1
Corporate Centre	6,107	6,589	(7.3)	(7.3)	538	1,324	(59.3)	(59.3)
TOTAL GROUP	1,040,457	941,741	10.5	6.8	1,129,020	1,049,188	7.6	3.9
Key data by segments (II)
Underlying RoTE* (%)	Efficiency ratio
9M'22	9M'21	9M'22	9M'21
Profitability and efficiency (%)
Europe	9.15	7.08	47.43	51.53
o/w: Spain	7.46	4.04	48.54	50.96
United Kingdom	11.31	11.29	49.82	53.97
Portugal	13.20	10.71	40.31	42.05
Poland	10.12	4.48	28.63	41.76
North America	11.54	13.00	46.99	44.30
o/w: United States	10.31	13.88	46.49	42.61
Mexico	16.59	13.27	44.30	44.53
South America	20.04	20.07	36.26	34.68
o/w: Brazil	20.65	21.59	31.12	29.28
Chile	21.56	18.44	38.12	38.71
Argentina	21.82	25.01	57.26	59.85
Digital Consumer Bank	12.71	11.55	47.67	47.56
TOTAL GROUP	13.57	12.61	45.55	45.57
(*).- Not including net capital gains and provisions.
NPL ratio	Coverage ratio	Cost of credit
Sep-22	Sep-21	Sep-22	Sep-21	Sep-22	Sep-21
Credit quality (%)
Europe	2.58	3.15	49.7	51.1	0.36	0.48
o/w: Spain	3.69	4.86	49.3	49.6	0.71	0.97
United Kingdom	1.16	1.27	32.4	36.6	0.02	0.01
Portugal	3.03	3.44	76.3	75.5	(0.12)	0.35
Poland	3.63	4.34	74.8	74.6	1.07	0.82
North America	2.79	2.56	102.7	139.3	1.12	1.46
o/w: United States	2.92	2.36	102.8	161.5	0.87	1.06
Mexico	2.34	3.14	102.7	90.1	1.86	2.69
South America	5.54	4.38	84.7	98.8	3.11	2.52
o/w: Brazil	6.63	4.72	89.2	111.8	4.46	3.60
Chile	4.63	4.36	60.3	64.1	0.87	0.89
Argentina	2.13	3.85	179.0	149.3	2.88	3.51
Digital Consumer Bank	2.20	2.15	95.6	112.8	0.43	0.57
TOTAL GROUP	3.08	3.18	69.7	74.0	0.86	0.90
Employees	Branches
Sep-22	Sep-21	Sep-22	Sep-21
Operating data
Europe	64,925	64,538	3,163	3,265
Spain	26,674	25,632	1,914	1,952
United Kingdom	20,818	21,454	449	450
Portugal	4,953	5,716	385	397
Poland	10,502	10,291	407	458
Other Europe	1,978	1,445	8	8
North America	44,500	43,135	1,852	1,888
United States	14,705	15,484	484	514
Mexico	28,783	27,027	1,368	1,374
Other North America	1,012	624	-	-
South America	76,028	69,961	3,754	3,793
Brazil	53,699	47,877	2,903	2,941
Chile	9,798	10,570	301	332
Argentina	8,452	8,715	403	408
Other South America	4,079	2,799	147	112
Digital Consumer Bank	16,066	15,920	365	308
Corporate Centre	1,857	1,710
TOTAL GROUP	203,376	195,264	9,134	9,254

Europe_EUR

Europe
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	8,998	7,857	1,141	14.5
Net fee income	3,441	3,237	204	6.3
Gains (losses) on financial transactions *	599	569	29	5.2
Other operating income	235	354	(120)	(33.7)
Total income	13,273	12,018	1,255	10.4
Administrative expenses and amortizations	(6,296)	(6,192)	(104)	1.7
Net operating income	6,977	5,825	1,152	19.8
Net loan-loss provisions	(1,760)	(1,877)	117	(6.3)
Other gains (losses) and provisions	(1,140)	(853)	(288)	33.8
Profit before tax	4,076	3,095	981	31.7
Tax on profit	(1,125)	(922)	(203)	22.1
Profit from continuing operations	2,952	2,174	778	35.8
Net profit from discontinued operations	-	-	-	-
Consolidated profit	2,952	2,174	778	35.8
Non-controlling interests	(115)	(53)	(62)	118.0
Underlying attributable profit to the parent	2,837	2,121	716	33.7
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	608,463	590,822	17,641	3.0
Cash, central banks and credit institutions	249,140	201,781	47,359	23.5
Debt instruments	67,937	70,762	(2,826)	(4.0)
Other financial assets	54,416	48,326	6,090	12.6
Other asset accounts	28,197	30,408	(2,210)	(7.3)
Total assets	1,008,153	942,100	66,053	7.0
Customer deposits	638,309	608,939	29,371	4.8
Central banks and credit institutions	179,222	149,287	29,936	20.1
Marketable debt securities	72,780	75,468	(2,688)	(3.6)
Other financial liabilities	62,826	51,041	11,784	23.1
Other liabilities accounts	11,419	11,208	211	1.9
Total liabilities	964,557	895,943	68,614	7.7
Total equity	43,596	46,157	(2,560)	(5.5)
Memorandum items:
Gross loans and advances to customers **	590,309	567,283	23,026	4.1
Customer funds	714,628	694,670	19,958	2.9
Customer deposits ***	621,834	589,067	32,767	5.6
Mutual funds	92,794	105,603	(12,809)	(12.1)
Ratios (%), operating means and customers
Underlying RoTE	9.15	7.08	2.07 p.
Efficiency ratio	47.4	51.5	(4.1 p.)
NPL ratio	2.58	3.15	(0.57 p.)
Coverage ratio	49.7	51.1	(1.4 p.)
Number of employees	64,925	64,538	387	0.6
Number of branches	3,163	3,265	(102)	(3.1)
Number of loyal customers (thousands)	10,669	10,178	491	4.8
Number of digital customers (thousands)	17,218	15,901	1,316	8.3
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Europe
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	2,551	2,656	2,650	2,717	2,839	2,981	3,179
Net fee income	1,072	1,086	1,080	1,107	1,154	1,162	1,125
Gains (losses) on financial transactions *	382	86	100	187	199	170	229
Other operating income	50	20	284	(94)	113	(37)	159
Total income	4,055	3,848	4,114	3,917	4,305	4,276	4,692
Administrative expenses and amortizations	(2,072)	(2,071)	(2,049)	(2,126)	(2,060)	(2,104)	(2,132)
Net operating income	1,983	1,777	2,065	1,790	2,245	2,172	2,559
Net loan-loss provisions	(596)	(606)	(675)	(416)	(515)	(631)	(614)
Other gains (losses) and provisions	(249)	(346)	(257)	(436)	(236)	(342)	(562)
Profit before tax	1,138	825	1,133	938	1,494	1,199	1,384
Tax on profit	(366)	(264)	(291)	(292)	(422)	(331)	(372)
Profit from continuing operations	771	561	842	647	1,073	867	1,011
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	771	561	842	647	1,073	867	1,011
Non-controlling interests	(2)	(18)	(32)	(18)	(55)	(47)	(13)
Underlying attributable profit to the parent	769	542	809	629	1,018	821	998
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	582,033	584,804	590,822	590,610	602,498	609,342	608,463
Cash, central banks and credit institutions	216,515	200,765	201,781	219,155	225,433	234,343	249,140
Debt instruments	76,451	77,472	70,762	67,068	67,635	66,134	67,937
Other financial assets	47,751	49,395	48,326	37,250	44,594	47,046	54,416
Other asset accounts	33,892	32,651	30,408	29,793	29,415	29,091	28,197
Total assets	956,642	945,087	942,100	943,875	969,576	985,956	1,008,153
Customer deposits	596,875	599,463	608,939	619,486	623,625	626,163	638,309
Central banks and credit institutions	163,616	154,321	149,287	156,258	166,622	173,956	179,222
Marketable debt securities	88,090	79,019	75,468	73,629	70,408	72,129	72,780
Other financial liabilities	50,542	54,859	51,041	38,706	50,082	58,095	62,826
Other liabilities accounts	13,014	11,966	11,208	10,929	11,129	11,151	11,419
Total liabilities	912,136	899,628	895,943	899,007	921,867	941,494	964,557
Total equity	44,506	45,459	46,157	44,868	47,709	44,462	43,596
Memorandum items:
Gross loans and advances to customers **	558,455	562,209	567,283	575,983	584,377	589,371	590,309
Customer funds	674,618	681,433	694,670	711,799	706,399	705,411	714,628
Customer deposits ***	575,671	578,759	589,067	603,739	604,415	608,753	621,834
Mutual funds	98,947	102,675	105,603	108,060	101,984	96,658	92,794
Other information
NPL ratio	3.26	3.30	3.15	3.12	3.01	2.63	2.58
Coverage ratio	50.0	48.4	51.1	49.4	49.1	50.2	49.7
Cost of risk	0.51	0.49	0.48	0.39	0.37	0.37	0.36
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Europe_EUR-KTES

Europe
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	8,998	7,913	1,085	13.7
Net fee income	3,441	3,244	197	6.1
Gains (losses) on financial transactions *	599	573	26	4.5
Other operating income	235	354	(119)	(33.6)
Total income	13,273	12,084	1,189	9.8
Administrative expenses and amortizations	(6,296)	(6,235)	(61)	1.0
Net operating income	6,977	5,849	1,128	19.3
Net loan-loss provisions	(1,760)	(1,872)	112	(6.0)
Other gains (losses) and provisions	(1,140)	(848)	(292)	34.4
Profit before tax	4,076	3,128	948	30.3
Tax on profit	(1,125)	(930)	(194)	20.9
Profit from continuing operations	2,952	2,198	754	34.3
Net profit from discontinued operations	-	-	-	-
Consolidated profit	2,952	2,198	754	34.3
Non-controlling interests	(115)	(51)	(63)	124.0
Underlying attributable profit to the parent	2,837	2,147	690	32.1
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	608,463	585,489	22,973	3.9
Cash, central banks and credit institutions	249,140	201,038	48,103	23.9
Debt instruments	67,937	69,879	(1,943)	(2.8)
Other financial assets	54,416	48,427	5,989	12.4
Other asset accounts	28,197	30,385	(2,188)	(7.2)
Total assets	1,008,153	935,218	72,935	7.8
Customer deposits	638,309	602,122	36,188	6.0
Central banks and credit institutions	179,222	150,701	28,522	18.9
Marketable debt securities	72,780	74,415	(1,635)	(2.2)
Other financial liabilities	62,826	51,094	11,731	23.0
Other liabilities accounts	11,419	11,077	342	3.1
Total liabilities	964,557	889,409	75,148	8.4
Total equity	43,596	45,809	(2,213)	(4.8)
Memorandum items:
Gross loans and advances to customers **	590,309	562,313	27,996	5.0
Customer funds	714,628	687,809	26,819	3.9
Customer deposits ***	621,834	582,644	39,190	6.7
Mutual funds	92,794	105,164	(12,370)	(11.8)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Europe
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	2,579	2,673	2,661	2,717	2,822	2,980	3,196
Net fee income	1,076	1,088	1,080	1,107	1,153	1,161	1,127
Gains (losses) on financial transactions *	385	87	101	187	200	170	228
Other operating income	51	19	284	(94)	113	(36)	158
Total income	4,091	3,866	4,127	3,917	4,288	4,275	4,710
Administrative expenses and amortizations	(2,095)	(2,084)	(2,057)	(2,129)	(2,053)	(2,104)	(2,139)
Net operating income	1,996	1,783	2,070	1,788	2,235	2,171	2,571
Net loan-loss provisions	(595)	(603)	(674)	(413)	(513)	(631)	(616)
Other gains (losses) and provisions	(248)	(344)	(257)	(437)	(234)	(342)	(564)
Profit before tax	1,153	836	1,139	938	1,487	1,198	1,391
Tax on profit	(370)	(268)	(293)	(291)	(420)	(331)	(374)
Profit from continuing operations	783	569	846	646	1,068	867	1,016
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	783	569	846	646	1,068	867	1,016
Non-controlling interests	(2)	(18)	(32)	(18)	(54)	(47)	(14)
Underlying attributable profit to the parent	781	551	815	629	1,013	821	1,003
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	575,118	579,510	585,489	579,465	592,977	603,867	608,463
Cash, central banks and credit institutions	215,611	200,439	201,038	216,291	223,037	233,116	249,140
Debt instruments	75,705	76,382	69,879	65,961	66,896	65,675	67,937
Other financial assets	47,806	49,519	48,427	37,343	44,696	47,134	54,416
Other asset accounts	33,875	32,602	30,385	29,631	29,267	28,998	28,197
Total assets	948,116	938,451	935,218	928,690	956,873	978,790	1,008,153
Customer deposits	588,529	592,100	602,122	607,581	613,532	620,586	638,309
Central banks and credit institutions	165,692	156,703	150,701	155,678	166,334	173,671	179,222
Marketable debt securities	86,402	77,846	74,415	71,774	68,813	71,204	72,780
Other financial liabilities	50,532	54,940	51,094	38,707	50,072	58,123	62,826
Other liabilities accounts	12,853	11,804	11,077	10,749	11,004	11,066	11,419
Total liabilities	904,007	893,393	889,409	884,488	909,755	934,650	964,557
Total equity	44,109	45,058	45,809	44,202	47,118	44,140	43,596
Memorandum items:
Gross loans and advances to customers **	552,029	557,270	562,313	565,389	575,242	584,058	590,309
Customer funds	666,264	673,929	687,809	699,885	696,264	699,752	714,628
Customer deposits ***	567,758	571,767	582,644	592,440	594,753	603,344	621,834
Mutual funds	98,505	102,162	105,164	107,445	101,512	96,408	92,794
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Spain

Spain
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	3,134	3,137	(3)	(0.1)
Net fee income	2,172	2,057	115	5.6
Gains (losses) on financial transactions *	383	336	47	13.9
Other operating income	370	380	(10)	(2.7)
Total income	6,058	5,909	149	2.5
Administrative expenses and amortizations	(2,941)	(3,011)	71	(2.4)
Net operating income	3,118	2,898	220	7.6
Net loan-loss provisions	(1,228)	(1,687)	459	(27.2)
Other gains (losses) and provisions	(392)	(440)	47	(10.7)
Profit before tax	1,497	772	726	94.0
Tax on profit	(393)	(218)	(175)	79.9
Profit from continuing operations	1,104	553	551	99.6
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,104	553	551	99.6
Non-controlling interests	(0)	0	(1)	-
Underlying attributable profit to the parent	1,104	553	550	99.5
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	268,775	248,618	20,158	8.1
Cash, central banks and credit institutions	156,806	126,409	30,397	24.0
Debt instruments	34,889	33,730	1,159	3.4
Other financial assets	48,523	45,256	3,267	7.2
Other asset accounts	18,486	18,756	(270)	(1.4)
Total assets	527,478	472,768	54,710	11.6
Customer deposits	327,358	284,681	42,676	15.0
Central banks and credit institutions	94,144	88,880	5,264	5.9
Marketable debt securities	23,830	29,043	(5,213)	(18.0)
Other financial liabilities	55,131	45,813	9,319	20.3
Other liabilities accounts	6,692	4,708	1,984	42.1
Total liabilities	507,155	453,125	54,030	11.9
Total equity	20,324	19,643	681	3.5
Memorandum items:
Gross loans and advances to customers **	257,396	241,084	16,312	6.8
Customer funds	391,002	360,409	30,593	8.5
Customer deposits ***	319,476	282,251	37,225	13.2
Mutual funds	71,526	78,158	(6,632)	(8.5)
Ratios (%), operating means and customers
Underlying RoTE	7.46	4.04	3.42 p.
Efficiency ratio	48.5	51.0	(2.4 p.)
NPL ratio	3.69	4.86	(1.18 p.)
Coverage ratio	49.3	49.6	(0.2 p.)
Number of employees	26,674	25,632	1,042	4.1
Number of branches	1,914	1,952	(38)	(1.9)
Number of loyal customers (thousands)	2,967	2,751	216	7.8
Number of digital customers (thousands)	5,789	5,294	494	9.3
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Spain
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,074	1,065	998	1,028	998	1,017	1,119
Net fee income	684	693	679	732	745	730	697
Gains (losses) on financial transactions *	209	62	65	190	130	84	168
Other operating income	101	13	266	(112)	148	84	138
Total income	2,068	1,833	2,009	1,839	2,021	1,916	2,121
Administrative expenses and amortizations	(1,016)	(1,011)	(984)	(1,040)	(972)	(971)	(997)
Net operating income	1,052	822	1,024	798	1,049	945	1,124
Net loan-loss provisions	(472)	(612)	(603)	(633)	(391)	(416)	(421)
Other gains (losses) and provisions	(131)	(147)	(161)	(74)	(139)	(144)	(110)
Profit before tax	449	63	260	91	519	385	593
Tax on profit	(147)	(14)	(57)	(18)	(154)	(98)	(141)
Profit from continuing operations	302	48	203	74	365	287	452
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	302	48	203	74	365	287	452
Non-controlling interests	0	0	0	(0)	0	0	(0)
Underlying attributable profit to the parent	302	49	203	73	365	287	452
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	241,816	243,087	248,618	248,211	256,690	266,419	268,775
Cash, central banks and credit institutions	132,664	121,367	126,409	130,773	139,820	148,909	156,806
Debt instruments	37,326	38,801	33,730	30,043	31,423	31,648	34,889
Other financial assets	44,512	45,935	45,256	34,553	40,861	42,115	48,523
Other asset accounts	21,232	19,673	18,756	18,677	18,537	18,545	18,486
Total assets	477,549	468,863	472,768	462,256	487,332	507,636	527,478
Customer deposits	276,007	275,195	284,681	292,251	301,171	311,889	327,358
Central banks and credit institutions	100,811	90,218	88,880	83,229	88,610	92,908	94,144
Marketable debt securities	30,643	29,565	29,043	28,582	26,134	25,533	23,830
Other financial liabilities	45,364	49,888	45,813	33,994	44,117	51,315	55,131
Other liabilities accounts	5,858	4,930	4,708	5,198	6,002	5,974	6,692
Total liabilities	458,683	449,796	453,125	443,254	466,034	487,620	507,155
Total equity	18,867	19,068	19,643	19,002	21,298	20,017	20,324
Memorandum items:
Gross loans and advances to customers **	233,762	236,942	241,084	245,386	247,713	253,429	257,396
Customer funds	342,421	347,294	360,409	370,927	370,237	376,818	391,002
Customer deposits ***	269,344	271,071	282,251	290,633	293,407	302,690	319,476
Mutual funds	73,078	76,224	78,158	80,295	76,830	74,128	71,526
Other information
NPL ratio	4.98	5.16	4.86	4.72	4.47	3.83	3.69
Coverage ratio	48.0	45.7	49.6	51.4	50.4	49.4	49.3
Cost of risk	0.79	0.91	0.97	0.92	0.88	0.79	0.71
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

UK_EUR

United Kingdom
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	3,695	3,232	463	14.3
Net fee income	295	352	(56)	(16.1)
Gains (losses) on financial transactions *	39	2	37	-
Other operating income	1	3	(2)	(53.2)
Total income	4,031	3,589	442	12.3
Administrative expenses and amortizations	(2,008)	(1,937)	(71)	3.7
Net operating income	2,023	1,652	371	22.5
Net loan-loss provisions	(234)	67	(301)	-
Other gains (losses) and provisions	(253)	(132)	(121)	91.6
Profit before tax	1,535	1,587	(51)	(3.2)
Tax on profit	(397)	(467)	70	(14.9)
Profit from continuing operations	1,138	1,120	18	1.6
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,138	1,120	18	1.6
Non-controlling interests	-	-	-	-
Underlying attributable profit to the parent	1,138	1,120	18	1.6
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	256,914	261,841	(4,927)	(1.9)
Cash, central banks and credit institutions	68,554	60,317	8,237	13.7
Debt instruments	6,344	8,032	(1,688)	(21.0)
Other financial assets	873	541	332	61.3
Other asset accounts	4,208	6,163	(1,955)	(31.7)
Total assets	336,893	336,894	(1)	(0.0)
Customer deposits	225,842	242,678	(16,836)	(6.9)
Central banks and credit institutions	48,477	30,725	17,753	57.8
Marketable debt securities	44,591	41,830	2,761	6.6
Other financial liabilities	3,225	2,895	331	11.4
Other liabilities accounts	1,532	3,213	(1,681)	(52.3)
Total liabilities	323,667	321,339	2,328	0.7
Total equity	13,226	15,555	(2,329)	(15.0)
Memorandum items:
Gross loans and advances to customers **	248,403	243,757	4,646	1.9
Customer funds	224,440	234,041	(9,601)	(4.1)
Customer deposits ***	217,519	225,411	(7,892)	(3.5)
Mutual funds	6,921	8,630	(1,709)	(19.8)
Ratios (%), operating means and customers
Underlying RoTE	11.31	11.29	0.02 p.
Efficiency ratio	49.8	54.0	(4.2 p.)
NPL ratio	1.16	1.27	(0.11 p.)
Coverage ratio	32.4	36.6	(4.1 p.)
Number of employees	20,818	21,454	(636)	(3.0)
Number of branches	449	450	(1)	(0.2)
Number of loyal customers (thousands)	4,464	4,375	89	2.0
Number of digital customers (thousands)	6,956	6,532	424	6.5
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
United Kingdom
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	989	1,088	1,156	1,151	1,192	1,227	1,277
Net fee income	120	117	114	82	92	110	93
Gains (losses) on financial transactions *	(12)	(4)	18	(10)	6	6	27
Other operating income	3	(2)	3	3	1	(0)	1
Total income	1,099	1,199	1,291	1,226	1,291	1,342	1,397
Administrative expenses and amortizations	(652)	(648)	(638)	(655)	(672)	(677)	(660)
Net operating income	447	551	653	571	620	666	738
Net loan-loss provisions	(18)	86	(1)	178	(51)	(74)	(109)
Other gains (losses) and provisions	(31)	(63)	(39)	(187)	(66)	(99)	(88)
Profit before tax	398	575	613	563	503	492	540
Tax on profit	(113)	(184)	(170)	(146)	(127)	(132)	(138)
Profit from continuing operations	286	391	443	417	375	361	402
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	286	391	443	417	375	361	402
Non-controlling interests	-	-	-	-	-	-	-
Underlying attributable profit to the parent	286	391	443	417	375	361	402
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	261,943	261,139	261,841	261,414	262,522	259,566	256,914
Cash, central banks and credit institutions	66,090	62,751	60,317	72,499	68,408	65,291	68,554
Debt instruments	9,230	8,292	8,032	7,832	6,610	6,178	6,344
Other financial assets	796	913	541	389	443	575	873
Other asset accounts	6,786	7,517	6,163	5,667	5,645	5,269	4,208
Total assets	344,844	340,612	336,894	347,801	343,628	336,878	336,893
Customer deposits	241,483	243,617	242,678	242,739	237,009	229,033	225,842
Central banks and credit institutions	28,990	30,620	30,725	44,119	45,088	45,991	48,477
Marketable debt securities	52,632	44,507	41,830	40,796	40,731	43,115	44,591
Other financial liabilities	3,156	2,691	2,895	2,558	3,220	3,013	3,225
Other liabilities accounts	3,731	3,696	3,213	2,442	1,998	1,911	1,532
Total liabilities	329,992	325,131	321,339	332,654	328,045	323,063	323,667
Total equity	14,852	15,481	15,555	15,147	15,583	13,815	13,226
Memorandum items:
Gross loans and advances to customers **	244,338	242,616	243,757	247,775	251,514	250,841	248,403
Customer funds	235,469	235,803	234,041	237,780	234,275	228,556	224,440
Customer deposits ***	227,119	227,212	225,411	228,790	225,742	220,998	217,519
Mutual funds	8,350	8,591	8,630	8,991	8,532	7,557	6,921
Other information
NPL ratio	1.35	1.30	1.27	1.43	1.42	1.17	1.16
Coverage ratio	40.5	37.4	36.6	25.8	26.1	32.9	32.4
Cost of risk	0.21	0.09	0.01	(0.09)	(0.08)	(0.02)	0.02
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

UK_EUR-KTES

United Kingdom
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	3,695	3,296	399	12.1
Net fee income	295	358	(63)	(17.7)
Gains (losses) on financial transactions *	39	2	37	-
Other operating income	1	3	(2)	(54.1)
Total income	4,031	3,659	371	10.1
Administrative expenses and amortizations	(2,008)	(1,975)	(33)	1.7
Net operating income	2,023	1,684	339	20.1
Net loan-loss provisions	(234)	68	(303)	-
Other gains (losses) and provisions	(253)	(135)	(119)	87.9
Profit before tax	1,535	1,618	(83)	(5.1)
Tax on profit	(397)	(476)	79	(16.6)
Profit from continuing operations	1,138	1,142	(4)	(0.3)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,138	1,142	(4)	(0.3)
Non-controlling interests	-	-	-	-
Underlying attributable profit to the parent	1,138	1,142	(4)	(0.3)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	256,914	255,860	1,054	0.4
Cash, central banks and credit institutions	68,554	58,940	9,614	16.3
Debt instruments	6,344	7,849	(1,504)	(19.2)
Other financial assets	873	529	344	65.1
Other asset accounts	4,208	6,022	(1,814)	(30.1)
Total assets	336,893	329,199	7,693	2.3
Customer deposits	225,842	237,135	(11,293)	(4.8)
Central banks and credit institutions	48,477	30,023	18,455	61.5
Marketable debt securities	44,591	40,874	3,717	9.1
Other financial liabilities	3,225	2,828	397	14.0
Other liabilities accounts	1,532	3,139	(1,608)	(51.2)
Total liabilities	323,667	313,999	9,667	3.1
Total equity	13,226	15,200	(1,974)	(13.0)
Memorandum items:
Gross loans and advances to customers **	248,403	238,189	10,214	4.3
Customer funds	224,440	228,695	(4,255)	(1.9)
Customer deposits ***	217,519	220,263	(2,744)	(1.2)
Mutual funds	6,921	8,433	(1,512)	(17.9)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
United Kingdom
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,020	1,108	1,168	1,153	1,177	1,228	1,290
Net fee income	124	119	115	82	91	110	94
Gains (losses) on financial transactions *	(13)	(4)	19	(10)	6	6	27
Other operating income	3	(2)	3	3	1	(0)	1
Total income	1,134	1,221	1,305	1,227	1,275	1,344	1,412
Administrative expenses and amortizations	(672)	(659)	(644)	(655)	(663)	(678)	(667)
Net operating income	461	562	661	572	612	666	745
Net loan-loss provisions	(19)	89	(2)	181	(51)	(74)	(110)
Other gains (losses) and provisions	(32)	(64)	(39)	(189)	(65)	(99)	(89)
Profit before tax	411	587	620	564	496	493	546
Tax on profit	(116)	(188)	(172)	(146)	(126)	(132)	(139)
Profit from continuing operations	295	399	449	418	371	361	406
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	295	399	449	418	371	361	406
Non-controlling interests	-	-	-	-	-	-	-
Underlying attributable profit to the parent	295	399	449	418	371	361	406
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	254,040	255,227	255,860	250,050	252,488	254,135	256,914
Cash, central banks and credit institutions	64,096	61,331	58,940	69,348	65,794	63,924	68,554
Debt instruments	8,951	8,104	7,849	7,492	6,357	6,048	6,344
Other financial assets	772	892	529	372	426	563	873
Other asset accounts	6,582	7,347	6,022	5,421	5,429	5,159	4,208
Total assets	334,441	332,902	329,199	332,682	330,494	329,829	336,893
Customer deposits	234,198	238,103	237,135	232,187	227,949	224,241	225,842
Central banks and credit institutions	28,115	29,927	30,023	42,202	43,365	45,028	48,477
Marketable debt securities	51,044	43,500	40,874	39,022	39,174	42,213	44,591
Other financial liabilities	3,061	2,630	2,828	2,447	3,097	2,950	3,225
Other liabilities accounts	3,619	3,612	3,139	2,335	1,921	1,871	1,532
Total liabilities	320,037	317,771	313,999	318,194	315,506	316,303	323,667
Total equity	14,404	15,130	15,200	14,489	14,987	13,526	13,226
Memorandum items:
Gross loans and advances to customers **	236,967	237,124	238,189	237,004	241,901	245,593	248,403
Customer funds	228,366	230,466	228,695	227,444	225,320	223,773	224,440
Customer deposits ***	220,267	222,069	220,263	218,844	217,114	216,374	217,519
Mutual funds	8,099	8,397	8,433	8,600	8,206	7,399	6,921
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

UK_GBP

United Kingdom
GBP million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	3,129	2,791	338	12.1
Net fee income	250	304	(54)	(17.7)
Gains (losses) on financial transactions *	33	2	32	-
Other operating income	1	3	(1)	(54.1)
Total income	3,413	3,099	315	10.1
Administrative expenses and amortizations	(1,700)	(1,673)	(28)	1.7
Net operating income	1,713	1,426	287	20.1
Net loan-loss provisions	(198)	58	(256)	-
Other gains (losses) and provisions	(215)	(114)	(100)	87.9
Profit before tax	1,300	1,370	(70)	(5.1)
Tax on profit	(336)	(403)	67	(16.6)
Profit from continuing operations	964	967	(3)	(0.3)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	964	967	(3)	(0.3)
Non-controlling interests	-	-	-	-
Underlying attributable profit to the parent	964	967	(3)	(0.3)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	225,627	224,702	925	0.4
Cash, central banks and credit institutions	60,206	51,762	8,444	16.3
Debt instruments	5,572	6,893	(1,321)	(19.2)
Other financial assets	767	464	302	65.1
Other asset accounts	3,696	5,289	(1,593)	(30.1)
Total assets	295,867	289,110	6,757	2.3
Customer deposits	198,339	208,257	(9,918)	(4.8)
Central banks and credit institutions	42,574	26,367	16,207	61.5
Marketable debt securities	39,161	35,897	3,264	9.1
Other financial liabilities	2,833	2,484	349	14.0
Other liabilities accounts	1,345	2,757	(1,412)	(51.2)
Total liabilities	284,251	275,761	8,490	3.1
Total equity	11,615	13,349	(1,734)	(13.0)
Memorandum items:
Gross loans and advances to customers **	218,153	209,183	8,970	4.3
Customer funds	197,108	200,845	(3,737)	(1.9)
Customer deposits ***	191,030	193,439	(2,409)	(1.2)
Mutual funds	6,078	7,406	(1,328)	(17.9)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
United Kingdom
GBP million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	864	938	989	976	997	1,040	1,092
Net fee income	105	101	97	69	77	93	80
Gains (losses) on financial transactions *	(11)	(3)	16	(9)	5	5	23
Other operating income	2	(2)	2	2	1	(0)	1
Total income	960	1,034	1,105	1,039	1,080	1,138	1,195
Administrative expenses and amortizations	(569)	(558)	(545)	(555)	(562)	(574)	(565)
Net operating income	391	476	560	485	518	564	631
Net loan-loss provisions	(16)	75	(1)	153	(43)	(63)	(93)
Other gains (losses) and provisions	(27)	(54)	(33)	(160)	(55)	(84)	(76)
Profit before tax	348	497	525	477	420	418	462
Tax on profit	(98)	(159)	(146)	(123)	(106)	(112)	(118)
Profit from continuing operations	249	338	380	354	314	306	344
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	249	338	380	354	314	306	344
Non-controlling interests	-	-	-	-	-	-	-
Underlying attributable profit to the parent	249	338	380	354	314	306	344
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	223,104	224,146	224,702	219,600	221,741	223,187	225,627
Cash, central banks and credit institutions	56,291	53,862	51,762	60,903	57,781	56,140	60,206
Debt instruments	7,861	7,117	6,893	6,580	5,583	5,312	5,572
Other financial assets	678	784	464	326	374	494	767
Other asset accounts	5,780	6,453	5,289	4,761	4,768	4,530	3,696
Total assets	293,714	292,362	289,110	292,169	290,247	289,664	295,867
Customer deposits	205,678	209,107	208,257	203,912	200,190	196,933	198,339
Central banks and credit institutions	24,691	26,282	26,367	37,062	38,084	39,545	42,574
Marketable debt securities	44,828	38,202	35,897	34,270	34,404	37,073	39,161
Other financial liabilities	2,688	2,310	2,484	2,149	2,720	2,591	2,833
Other liabilities accounts	3,178	3,172	2,757	2,051	1,687	1,643	1,345
Total liabilities	281,063	279,074	275,761	279,445	277,085	277,785	284,251
Total equity	12,650	13,288	13,349	12,724	13,162	11,879	11,615
Memorandum items:
Gross loans and advances to customers **	208,109	208,248	209,183	208,142	212,442	215,685	218,153
Customer funds	200,556	202,400	200,845	199,746	197,881	196,523	197,108
Customer deposits ***	193,443	195,026	193,439	192,194	190,674	190,025	191,030
Mutual funds	7,112	7,374	7,406	7,552	7,207	6,498	6,078
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Portugal

Portugal
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	516	548	(32)	(5.8)
Net fee income	366	325	41	12.7
Gains (losses) on financial transactions *	54	151	(97)	(64.3)
Other operating income	(3)	(3)	0	(10.9)
Total income	933	1,020	(87)	(8.6)
Administrative expenses and amortizations	(376)	(429)	53	(12.4)
Net operating income	557	591	(34)	(5.8)
Net loan-loss provisions	(9)	(95)	85	(90.2)
Other gains (losses) and provisions	(24)	(26)	2	(9.0)
Profit before tax	524	471	53	11.3
Tax on profit	(162)	(146)	(16)	11.0
Profit from continuing operations	361	324	37	11.4
Net profit from discontinued operations	-	-	-	-
Consolidated profit	361	324	37	11.4
Non-controlling interests	(1)	(1)	(0)	44.0
Underlying attributable profit to the parent	360	324	37	11.4
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	39,637	39,168	469	1.2
Cash, central banks and credit institutions	11,188	9,177	2,011	21.9
Debt instruments	7,779	8,752	(973)	(11.1)
Other financial assets	1,328	1,566	(238)	(15.2)
Other asset accounts	1,542	1,329	213	16.0
Total assets	61,473	59,992	1,481	2.5
Customer deposits	42,944	41,817	1,127	2.7
Central banks and credit institutions	10,344	9,502	842	8.9
Marketable debt securities	3,335	2,651	683	25.8
Other financial liabilities	444	218	226	103.8
Other liabilities accounts	1,234	1,671	(436)	(26.1)
Total liabilities	58,302	55,859	2,443	4.4
Total equity	3,172	4,133	(961)	(23.3)
Memorandum items:
Gross loans and advances to customers **	40,566	40,204	362	0.9
Customer funds	46,638	45,982	655	1.4
Customer deposits ***	42,944	41,817	1,127	2.7
Mutual funds	3,693	4,165	(472)	(11.3)
Ratios (%), operating means and customers
Underlying RoTE	13.20	10.71	2.48 p.
Efficiency ratio	40.3	42.1	(1.7 p.)
NPL ratio	3.03	3.44	(0.41 p.)
Coverage ratio	76.3	75.5	0.8 p.
Number of employees	4,953	5,716	(763)	(13.3)
Number of branches	385	397	(12)	(3.0)
Number of loyal customers (thousands)	908	845	63	7.4
Number of digital customers (thousands)	1,073	980	92	9.4
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Portugal
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	185	184	178	174	170	171	175
Net fee income	99	110	115	116	122	123	121
Gains (losses) on financial transactions *	147	6	(2)	(9)	30	14	10
Other operating income	(12)	(5)	14	11	11	(27)	13
Total income	420	296	305	292	333	281	320
Administrative expenses and amortizations	(146)	(143)	(140)	(134)	(125)	(125)	(125)
Net operating income	274	153	165	159	207	155	194
Net loan-loss provisions	(35)	(35)	(25)	57	(8)	(3)	2
Other gains (losses) and provisions	(13)	(11)	(2)	(1)	15	(40)	1
Profit before tax	226	107	138	215	215	112	196
Tax on profit	(70)	(33)	(43)	(76)	(67)	(35)	(61)
Profit from continuing operations	156	73	95	139	148	78	136
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	156	73	95	139	148	78	136
Non-controlling interests	(0)	(0)	(0)	(0)	(0)	(0)	(0)
Underlying attributable profit to the parent	156	73	95	138	148	77	135
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	38,246	38,785	39,168	39,280	39,123	39,565	39,637
Cash, central banks and credit institutions	7,625	8,725	9,177	9,692	10,026	11,725	11,188
Debt instruments	9,321	9,026	8,752	8,489	8,544	7,986	7,779
Other financial assets	1,465	1,453	1,566	1,586	1,434	1,391	1,328
Other asset accounts	1,488	1,382	1,329	1,209	1,252	1,406	1,542
Total assets	58,145	59,371	59,992	60,257	60,379	62,072	61,473
Customer deposits	40,073	41,452	41,817	42,371	43,036	43,769	42,944
Central banks and credit institutions	9,596	9,500	9,502	9,430	9,236	10,169	10,344
Marketable debt securities	2,500	2,483	2,651	2,633	2,619	2,699	3,335
Other financial liabilities	211	219	218	236	255	285	444
Other liabilities accounts	1,768	1,693	1,671	1,344	1,430	1,327	1,234
Total liabilities	54,148	55,346	55,859	56,014	56,576	58,249	58,302
Total equity	3,997	4,025	4,133	4,244	3,802	3,823	3,172
Memorandum items:
Gross loans and advances to customers **	39,274	39,850	40,204	40,262	40,117	40,564	40,566
Customer funds	43,678	45,392	45,982	46,711	47,132	47,550	46,638
Customer deposits ***	40,073	41,452	41,817	42,371	43,036	43,769	42,944
Mutual funds	3,605	3,940	4,165	4,340	4,096	3,781	3,693
Other information
NPL ratio	3.84	3.71	3.44	3.44	3.42	3.33	3.03
Coverage ratio	69.2	73.0	75.5	71.7	72.8	74.3	76.3
Cost of risk	0.38	0.41	0.35	0.09	0.03	(0.05)	(0.12)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Poland_EUR

Poland
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,424	719	706	98.2
Net fee income	403	386	17	4.5
Gains (losses) on financial transactions *	82	63	19	29.9
Other operating income	(130)	(11)	(119)	-
Total income	1,780	1,157	623	53.8
Administrative expenses and amortizations	(510)	(483)	(26)	5.5
Net operating income	1,270	674	596	88.5
Net loan-loss provisions	(290)	(161)	(129)	80.3
Other gains (losses) and provisions	(469)	(254)	(215)	84.6
Profit before tax	512	259	253	97.4
Tax on profit	(170)	(97)	(73)	74.5
Profit from continuing operations	342	162	180	111.2
Net profit from discontinued operations	-	-	-	-
Consolidated profit	342	162	180	111.2
Non-controlling interests	(113)	(52)	(60)	114.9
Underlying attributable profit to the parent	229	109	120	109.4
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	29,287	28,925	362	1.3
Cash, central banks and credit institutions	8,179	1,746	6,433	368.4
Debt instruments	11,460	14,595	(3,135)	(21.5)
Other financial assets	955	824	131	15.9
Other asset accounts	1,751	1,277	474	37.1
Total assets	51,632	47,367	4,265	9.0
Customer deposits	36,552	36,247	305	0.8
Central banks and credit institutions	6,511	2,023	4,488	221.8
Marketable debt securities	1,025	1,944	(919)	(47.3)
Other financial liabilities	1,268	885	383	43.3
Other liabilities accounts	1,526	1,210	317	26.2
Total liabilities	46,882	42,309	4,573	10.8
Total equity	4,750	5,058	(308)	(6.1)
Memorandum items:
Gross loans and advances to customers **	30,076	29,955	121	0.4
Customer funds	39,513	41,042	(1,529)	(3.7)
Customer deposits ***	36,552	36,247	305	0.8
Mutual funds	2,961	4,795	(1,834)	(38.3)
Ratios (%), operating means and customers
Underlying RoTE	10.12	4.48	5.64 p.
Efficiency ratio	28.6	41.8	(13.1 p.)
NPL ratio	3.63	4.34	(0.71 p.)
Coverage ratio	74.8	74.6	0.3 p.
Number of employees	10,502	10,291	211	2.1
Number of branches	407	458	(51)	(11.1)
Number of loyal customers (thousands)	2,329	2,205	124	5.6
Number of digital customers (thousands)	3,235	2,917	318	10.9
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Poland
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	233	242	244	302	407	486	530
Net fee income	127	126	133	132	138	130	135
Gains (losses) on financial transactions *	20	21	22	14	13	44	25
Other operating income	(30)	20	(1)	12	(48)	(81)	(1)
Total income	349	410	398	460	511	579	690
Administrative expenses and amortizations	(158)	(163)	(162)	(179)	(166)	(173)	(171)
Net operating income	191	247	236	281	345	406	519
Net loan-loss provisions	(68)	(45)	(47)	(39)	(64)	(138)	(88)
Other gains (losses) and provisions	(72)	(126)	(56)	(150)	(46)	(60)	(363)
Profit before tax	51	76	133	91	236	208	68
Tax on profit	(30)	(32)	(35)	(44)	(69)	(66)	(36)
Profit from continuing operations	20	44	97	48	167	142	33
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	20	44	97	48	167	142	33
Non-controlling interests	(5)	(15)	(32)	(17)	(55)	(47)	(11)
Underlying attributable profit to the parent	15	29	65	31	112	95	22
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	28,199	28,891	28,925	29,817	29,973	30,245	29,287
Cash, central banks and credit institutions	3,714	1,889	1,746	2,968	3,771	3,779	8,179
Debt instruments	14,125	15,171	14,595	15,082	14,230	13,011	11,460
Other financial assets	994	778	824	503	699	841	955
Other asset accounts	1,320	1,287	1,277	1,419	1,593	1,714	1,751
Total assets	48,351	48,016	47,367	49,788	50,267	49,591	51,632
Customer deposits	36,266	36,015	36,247	37,919	37,921	36,558	36,552
Central banks and credit institutions	2,602	2,286	2,023	3,332	4,220	4,644	6,511
Marketable debt securities	2,315	2,464	1,944	1,618	924	782	1,025
Other financial liabilities	927	844	885	692	1,049	1,160	1,268
Other liabilities accounts	1,180	1,240	1,210	1,529	1,259	1,609	1,526
Total liabilities	43,290	42,849	42,309	45,091	45,374	44,753	46,882
Total equity	5,061	5,167	5,058	4,697	4,893	4,838	4,750
Memorandum items:
Gross loans and advances to customers **	29,235	29,884	29,955	30,657	30,836	30,972	30,076
Customer funds	40,654	40,764	41,042	42,325	41,464	39,684	39,513
Customer deposits ***	36,266	36,015	36,247	37,919	37,919	36,556	36,552
Mutual funds	4,387	4,749	4,795	4,406	3,544	3,128	2,961
Other information
NPL ratio	4.82	4.58	4.34	3.61	3.50	3.45	3.63
Coverage ratio	70.3	72.4	74.6	73.9	78.5	76.0	74.8
Cost of risk	1.02	0.88	0.82	0.67	0.65	0.95	1.07
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Poland_EUR-KTES

Poland
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,424	700	725	103.6
Net fee income	403	376	28	7.3
Gains (losses) on financial transactions *	82	61	21	33.5
Other operating income	(130)	(10)	(119)	-
Total income	1,780	1,126	654	58.0
Administrative expenses and amortizations	(510)	(470)	(39)	8.4
Net operating income	1,270	656	614	93.6
Net loan-loss provisions	(290)	(156)	(133)	85.2
Other gains (losses) and provisions	(469)	(247)	(222)	89.7
Profit before tax	512	252	260	102.8
Tax on profit	(170)	(95)	(75)	79.3
Profit from continuing operations	342	158	184	117.0
Net profit from discontinued operations	-	-	-	-
Consolidated profit	342	158	184	117.0
Non-controlling interests	(113)	(51)	(62)	120.8
Underlying attributable profit to the parent	229	107	123	115.1
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	29,287	27,468	1,819	6.6
Cash, central banks and credit institutions	8,179	1,658	6,521	393.2
Debt instruments	11,460	13,860	(2,400)	(17.3)
Other financial assets	955	782	173	22.1
Other asset accounts	1,751	1,213	538	44.4
Total assets	51,632	44,981	6,651	14.8
Customer deposits	36,552	34,421	2,131	6.2
Central banks and credit institutions	6,511	1,921	4,590	238.9
Marketable debt securities	1,025	1,846	(821)	(44.5)
Other financial liabilities	1,268	840	428	50.9
Other liabilities accounts	1,526	1,149	378	32.9
Total liabilities	46,882	40,178	6,705	16.7
Total equity	4,750	4,804	(53)	(1.1)
Memorandum items:
Gross loans and advances to customers **	30,076	28,446	1,629	5.7
Customer funds	39,513	38,974	538	1.4
Customer deposits ***	36,552	34,421	2,131	6.2
Mutual funds	2,961	4,554	(1,593)	(35.0)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Poland
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	226	235	238	297	403	484	537
Net fee income	123	123	130	131	136	129	137
Gains (losses) on financial transactions *	20	20	22	14	13	44	25
Other operating income	(29)	20	(1)	12	(47)	(81)	(2)
Total income	340	398	389	454	505	577	698
Administrative expenses and amortizations	(154)	(158)	(158)	(177)	(164)	(172)	(173)
Net operating income	186	239	230	277	341	404	525
Net loan-loss provisions	(66)	(44)	(46)	(39)	(63)	(137)	(89)
Other gains (losses) and provisions	(70)	(122)	(55)	(148)	(45)	(60)	(364)
Profit before tax	50	73	129	90	233	207	72
Tax on profit	(30)	(31)	(34)	(43)	(68)	(66)	(37)
Profit from continuing operations	20	43	95	47	165	142	35
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	20	43	95	47	165	142	35
Non-controlling interests	(5)	(15)	(31)	(17)	(54)	(47)	(12)
Underlying attributable profit to the parent	15	28	64	31	111	95	24
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	26,982	26,956	27,468	28,302	28,737	29,361	29,287
Cash, central banks and credit institutions	3,553	1,762	1,658	2,817	3,615	3,669	8,179
Debt instruments	13,516	14,155	13,860	14,316	13,643	12,631	11,460
Other financial assets	951	726	782	477	670	817	955
Other asset accounts	1,263	1,201	1,213	1,347	1,528	1,664	1,751
Total assets	46,265	44,799	44,981	47,258	48,194	48,141	51,632
Customer deposits	34,702	33,602	34,421	35,993	36,357	35,490	36,552
Central banks and credit institutions	2,489	2,133	1,921	3,163	4,046	4,508	6,511
Marketable debt securities	2,215	2,299	1,846	1,536	886	759	1,025
Other financial liabilities	887	788	840	657	1,006	1,126	1,268
Other liabilities accounts	1,129	1,157	1,149	1,451	1,208	1,562	1,526
Total liabilities	41,423	39,978	40,178	42,800	43,503	43,445	46,882
Total equity	4,842	4,821	4,804	4,458	4,691	4,696	4,750
Memorandum items:
Gross loans and advances to customers **	27,974	27,882	28,446	29,099	29,564	30,067	30,076
Customer funds	38,900	38,033	38,974	40,175	39,754	38,525	39,513
Customer deposits ***	34,702	33,602	34,421	35,993	36,356	35,488	36,552
Mutual funds	4,198	4,431	4,554	4,182	3,398	3,037	2,961
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Poland_PLN

Poland
PLN million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	6,652	3,267	3,385	103.6
Net fee income	1,883	1,754	128	7.3
Gains (losses) on financial transactions *	383	287	96	33.5
Other operating income	(606)	(49)	(557)	-
Total income	8,312	5,260	3,052	58.0
Administrative expenses and amortizations	(2,380)	(2,197)	(184)	8.4
Net operating income	5,932	3,063	2,869	93.6
Net loan-loss provisions	(1,352)	(730)	(622)	85.2
Other gains (losses) and provisions	(2,188)	(1,154)	(1,035)	89.7
Profit before tax	2,392	1,179	1,212	102.8
Tax on profit	(794)	(443)	(351)	79.3
Profit from continuing operations	1,597	736	861	117.0
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,597	736	861	117.0
Non-controlling interests	(527)	(239)	(288)	120.8
Underlying attributable profit to the parent	1,070	497	573	115.1
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	141,846	133,035	8,812	6.6
Cash, central banks and credit institutions	39,614	8,032	31,582	393.2
Debt instruments	55,504	67,126	(11,622)	(17.3)
Other financial assets	4,624	3,788	836	22.1
Other asset accounts	8,481	5,874	2,606	44.4
Total assets	250,069	217,855	32,214	14.8
Customer deposits	177,028	166,709	10,320	6.2
Central banks and credit institutions	31,534	9,305	22,229	238.9
Marketable debt securities	4,966	8,943	(3,977)	(44.5)
Other financial liabilities	6,141	4,071	2,071	50.9
Other liabilities accounts	7,393	5,563	1,830	32.9
Total liabilities	227,062	194,590	32,472	16.7
Total equity	23,007	23,265	(258)	(1.1)
Memorandum items:
Gross loans and advances to customers **	145,665	137,773	7,892	5.7
Customer funds	191,369	188,763	2,606	1.4
Customer deposits ***	177,028	166,709	10,320	6.2
Mutual funds	14,341	22,054	(7,714)	(35.0)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Poland
PLN million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,057	1,098	1,112	1,389	1,881	2,261	2,510
Net fee income	576	573	606	610	637	605	641
Gains (losses) on financial transactions *	91	95	100	64	60	204	119
Other operating income	(137)	91	(3)	56	(220)	(377)	(9)
Total income	1,587	1,857	1,815	2,121	2,359	2,693	3,260
Administrative expenses and amortizations	(718)	(739)	(739)	(827)	(766)	(805)	(810)
Net operating income	869	1,118	1,076	1,293	1,593	1,889	2,451
Net loan-loss provisions	(309)	(205)	(216)	(182)	(294)	(641)	(417)
Other gains (losses) and provisions	(329)	(570)	(255)	(690)	(211)	(279)	(1,698)
Profit before tax	231	343	605	421	1,088	968	335
Tax on profit	(138)	(144)	(161)	(201)	(317)	(306)	(171)
Profit from continuing operations	93	199	444	220	771	662	164
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	93	199	444	220	771	662	164
Non-controlling interests	(23)	(70)	(146)	(78)	(253)	(219)	(55)
Underlying attributable profit to the parent	70	130	298	143	518	442	110
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	130,681	130,554	133,035	137,074	139,180	142,202	141,846
Cash, central banks and credit institutions	17,210	8,535	8,032	13,642	17,511	17,769	39,614
Debt instruments	65,461	68,555	67,126	69,335	66,077	61,176	55,504
Other financial assets	4,606	3,515	3,788	2,312	3,247	3,955	4,624
Other asset accounts	6,115	5,815	5,874	6,521	7,399	8,060	8,481
Total assets	224,074	216,975	217,855	228,884	233,414	233,161	250,069
Customer deposits	168,069	162,743	166,709	174,322	176,088	171,885	177,028
Central banks and credit institutions	12,057	10,331	9,305	15,320	19,597	21,835	31,534
Marketable debt securities	10,729	11,132	8,943	7,440	4,291	3,677	4,966
Other financial liabilities	4,296	3,815	4,071	3,182	4,871	5,453	6,141
Other liabilities accounts	5,470	5,604	5,563	7,028	5,848	7,566	7,393
Total liabilities	200,620	193,626	194,590	207,292	210,695	210,416	227,062
Total equity	23,453	23,349	23,265	21,593	22,719	22,745	23,007
Memorandum items:
Gross loans and advances to customers **	135,486	135,039	137,773	140,936	143,188	145,622	145,665
Customer funds	188,402	184,205	188,763	194,578	192,537	186,584	191,369
Customer deposits ***	168,069	162,743	166,709	174,322	176,079	171,877	177,028
Mutual funds	20,333	21,461	22,054	20,256	16,458	14,708	14,341
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Other_Europe_EUR

Other Europe
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	229	221	8	3.5
Net fee income	205	118	87	73.3
Gains (losses) on financial transactions *	41	17	24	140.0
Other operating income	(4)	(14)	11	(75.7)
Total income	471	342	129	37.8
Administrative expenses and amortizations	(462)	(332)	(130)	39.2
Net operating income	10	10	(1)	(8.3)
Net loan-loss provisions	1	(2)	3	-
Other gains (losses) and provisions	(3)	(1)	(1)	125.9
Profit before tax	8	7	1	16.3
Tax on profit	(3)	7	(10)	-
Profit from continuing operations	6	14	(9)	(59.4)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	6	14	(9)	(59.4)
Non-controlling interests	(1)	0	(1)	-
Underlying attributable profit to the parent	5	15	(9)	(64.2)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	13,850	12,271	1,579	12.9
Cash, central banks and credit institutions	4,413	4,132	282	6.8
Debt instruments	7,464	5,653	1,811	32.0
Other financial assets	2,738	139	2,598	-
Other asset accounts	2,211	2,883	(672)	(23.3)
Total assets	30,676	25,078	5,598	22.3
Customer deposits	5,614	3,516	2,098	59.7
Central banks and credit institutions	19,746	18,157	1,589	8.8
Marketable debt securities	0	0	(0)	(80.9)
Other financial liabilities	2,757	1,231	1,526	124.0
Other liabilities accounts	435	408	27	6.7
Total liabilities	28,552	23,311	5,240	22.5
Total equity	2,124	1,767	357	20.2
Memorandum items:
Gross loans and advances to customers **	13,868	12,284	1,585	12.9
Customer funds	13,036	13,196	(160)	(1.2)
Customer deposits ***	5,343	3,341	2,002	59.9
Mutual funds	7,693	9,855	(2,162)	(21.9)
Operating data
Number of employees	1,978	1,445	533	36.9
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Other Europe
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	71	76	75	61	72	80	77
Net fee income	41	38	39	44	56	69	79
Gains (losses) on financial transactions *	18	2	(3)	2	21	21	(1)
Other operating income	(12)	(5)	2	(8)	0	(12)	8
Total income	119	111	113	99	149	158	164
Administrative expenses and amortizations	(101)	(106)	(125)	(118)	(125)	(158)	(179)
Net operating income	18	5	(13)	(19)	24	1	(15)
Net loan-loss provisions	(3)	(1)	1	21	(1)	(1)	3
Other gains (losses) and provisions	(2)	1	0	(24)	(1)	1	(2)
Profit before tax	13	5	(11)	(22)	22	1	(15)
Tax on profit	(6)	(1)	14	(8)	(5)	(1)	3
Profit from continuing operations	7	4	3	(30)	17	(0)	(11)
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	7	4	3	(30)	17	(0)	(11)
Non-controlling interests	3	(3)	0	(1)	0	1	(1)
Underlying attributable profit to the parent	10	1	3	(31)	17	1	(13)
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	11,830	12,902	12,271	11,889	14,190	13,547	13,850
Cash, central banks and credit institutions	6,422	6,034	4,132	3,224	3,407	4,640	4,413
Debt instruments	6,449	6,182	5,653	5,620	6,829	7,310	7,464
Other financial assets	(16)	316	139	219	1,157	2,125	2,738
Other asset accounts	3,067	2,792	2,883	2,821	2,388	2,157	2,211
Total assets	27,752	28,225	25,078	23,773	27,971	29,779	30,676
Customer deposits	3,046	3,184	3,516	4,204	4,488	4,914	5,614
Central banks and credit institutions	21,617	21,697	18,157	16,148	19,468	20,244	19,746
Marketable debt securities	-	0	0	-	-	0	0
Other financial liabilities	884	1,218	1,231	1,226	1,441	2,322	2,757
Other liabilities accounts	476	407	408	417	440	330	435
Total liabilities	26,023	26,506	23,311	21,995	25,838	27,809	28,552
Total equity	1,729	1,719	1,767	1,778	2,133	1,970	2,124
Memorandum items:
Gross loans and advances to customers **	11,845	12,916	12,284	11,903	14,197	13,565	13,868
Customer funds	12,395	12,180	13,196	14,055	13,292	12,803	13,036
Customer deposits ***	2,870	3,010	3,341	4,026	4,310	4,740	5,343
Mutual funds	9,526	9,170	9,855	10,029	8,982	8,063	7,693
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Other_Europe_EUR-KTES

Other Europe
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	229	233	(4)	(1.7)
Net fee income	205	129	76	58.9
Gains (losses) on financial transactions *	41	22	19	84.0
Other operating income	(4)	(15)	12	(77.3)
Total income	471	369	103	27.9
Administrative expenses and amortizations	(462)	(349)	(113)	32.2
Net operating income	10	19	(10)	(50.8)
Net loan-loss provisions	1	(2)	3	-
Other gains (losses) and provisions	(3)	(1)	(1)	123.9
Profit before tax	8	16	(8)	(48.2)
Tax on profit	(3)	5	(7)	-
Profit from continuing operations	6	21	(15)	(72.2)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	6	21	(15)	(72.2)
Non-controlling interests	(1)	0	(1)	-
Underlying attributable profit to the parent	5	21	(16)	(75.4)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	13,850	14,376	(526)	(3.7)
Cash, central banks and credit institutions	4,413	4,854	(440)	(9.1)
Debt instruments	7,464	5,689	1,775	31.2
Other financial assets	2,738	294	2,444	831.0
Other asset accounts	2,211	3,065	(854)	(27.9)
Total assets	30,676	28,278	2,398	8.5
Customer deposits	5,614	4,068	1,547	38.0
Central banks and credit institutions	19,746	20,375	(629)	(3.1)
Marketable debt securities	0	0	(0)	(83.7)
Other financial liabilities	2,757	1,395	1,362	97.6
Other liabilities accounts	435	411	24	5.9
Total liabilities	28,552	26,248	2,304	8.8
Total equity	2,124	2,030	95	4.7
Memorandum items:
Gross loans and advances to customers **	13,868	14,390	(522)	(3.6)
Customer funds	13,036	13,747	(711)	(5.2)
Customer deposits ***	5,343	3,893	1,451	37.3
Mutual funds	7,693	9,855	(2,162)	(21.9)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Other Europe
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	74	80	78	64	74	80	75
Net fee income	46	42	42	47	58	69	78
Gains (losses) on financial transactions *	21	3	(3)	2	22	21	(2)
Other operating income	(12)	(6)	2	(8)	0	(12)	9
Total income	129	119	120	104	154	158	159
Administrative expenses and amortizations	(107)	(112)	(130)	(123)	(128)	(158)	(176)
Net operating income	23	7	(10)	(18)	26	0	(17)
Net loan-loss provisions	(3)	(1)	2	21	(1)	(1)	3
Other gains (losses) and provisions	(2)	1	0	(25)	(1)	1	(2)
Profit before tax	18	7	(8)	(22)	24	1	(16)
Tax on profit	(7)	(2)	14	(8)	(5)	(1)	4
Profit from continuing operations	11	5	5	(31)	18	(0)	(12)
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	11	5	5	(31)	18	(0)	(12)
Non-controlling interests	3	(3)	0	(1)	0	1	(1)
Underlying attributable profit to the parent	14	3	5	(31)	19	1	(14)
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	14,034	15,454	14,376	13,622	15,939	14,387	13,850
Cash, central banks and credit institutions	7,673	7,254	4,854	3,662	3,781	4,890	4,413
Debt instruments	6,590	6,296	5,689	5,621	6,930	7,361	7,464
Other financial assets	107	512	294	354	1,304	2,249	2,738
Other asset accounts	3,311	2,999	3,065	2,978	2,521	2,224	2,211
Total assets	31,715	32,516	28,278	26,236	30,475	31,111	30,676
Customer deposits	3,549	3,748	4,068	4,778	5,017	5,197	5,614
Central banks and credit institutions	24,680	24,926	20,375	17,655	21,077	21,057	19,746
Marketable debt securities	-	0	0	-	-	0	0
Other financial liabilities	1,009	1,416	1,395	1,373	1,598	2,446	2,757
Other liabilities accounts	479	411	411	421	443	332	435
Total liabilities	29,717	30,502	26,248	24,226	28,135	29,033	28,552
Total equity	1,998	2,014	2,030	2,010	2,340	2,078	2,124
Memorandum items:
Gross loans and advances to customers **	14,051	15,471	14,390	13,638	15,947	14,406	13,868
Customer funds	12,899	12,744	13,747	14,628	13,822	13,086	13,036
Customer deposits ***	3,373	3,574	3,893	4,599	4,840	5,023	5,343
Mutual funds	9,526	9,170	9,855	10,029	8,982	8,063	7,693
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

North_America_EUR

North America
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	7,102	5,986	1,117	18.7
Net fee income	1,450	1,247	203	16.3
Gains (losses) on financial transactions *	124	200	(76)	(37.9)
Other operating income	344	734	(389)	(53.1)
Total income	9,021	8,166	854	10.5
Administrative expenses and amortizations	(4,239)	(3,617)	(621)	17.2
Net operating income	4,782	4,549	233	5.1
Net loan-loss provisions	(1,666)	(1,095)	(571)	52.2
Other gains (losses) and provisions	(111)	(50)	(61)	123.6
Profit before tax	3,005	3,405	(399)	(11.7)
Tax on profit	(703)	(779)	75	(9.7)
Profit from continuing operations	2,302	2,626	(324)	(12.3)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	2,302	2,626	(324)	(12.3)
Non-controlling interests	(31)	(408)	377	(92.4)
Underlying attributable profit to the parent	2,271	2,218	53	2.4
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	183,998	128,339	55,659	43.4
Cash, central banks and credit institutions	40,202	37,244	2,957	7.9
Debt instruments	44,815	37,367	7,448	19.9
Other financial assets	16,958	10,919	6,039	55.3
Other asset accounts	25,120	21,040	4,080	19.4
Total assets	311,094	234,911	76,183	32.4
Customer deposits	168,473	122,906	45,567	37.1
Central banks and credit institutions	36,613	25,406	11,207	44.1
Marketable debt securities	46,286	40,025	6,261	15.6
Other financial liabilities	24,563	13,249	11,315	85.4
Other liabilities accounts	7,416	6,059	1,357	22.4
Total liabilities	283,352	207,645	75,706	36.5
Total equity	27,742	27,265	477	1.7
Memorandum items:
Gross loans and advances to customers **	164,773	127,113	37,659	29.6
Customer funds	163,570	133,978	29,592	22.1
Customer deposits ***	133,613	108,528	25,084	23.1
Mutual funds	29,958	25,450	4,507	17.7
Ratios (%), operating means and customers
Underlying RoTE	11.54	13.00	(1.46 p.)
Efficiency ratio	47.0	44.3	2.7 p.
NPL ratio	2.79	2.56	0.23 p.
Coverage ratio	102.7	139.3	(36.6 p.)
Number of employees	44,500	43,135	1,365	3.2
Number of branches	1,852	1,888	(36)	(1.9)
Number of loyal customers (thousands)	4,558	4,190	369	8.8
Number of digital customers (thousands)	7,014	6,519	495	7.6
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
North America
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,971	1,977	2,037	2,086	2,131	2,352	2,619
Net fee income	451	410	386	397	443	494	513
Gains (losses) on financial transactions *	98	32	70	24	81	39	4
Other operating income	215	267	252	180	139	101	104
Total income	2,735	2,686	2,745	2,687	2,795	2,986	3,240
Administrative expenses and amortizations	(1,149)	(1,194)	(1,275)	(1,349)	(1,260)	(1,432)	(1,546)
Net operating income	1,587	1,492	1,471	1,337	1,535	1,554	1,694
Net loan-loss provisions	(393)	(195)	(506)	(115)	(439)	(524)	(703)
Other gains (losses) and provisions	(20)	8	(38)	(96)	(46)	(19)	(46)
Profit before tax	1,174	1,305	926	1,127	1,050	1,011	945
Tax on profit	(287)	(314)	(177)	(237)	(236)	(229)	(239)
Profit from continuing operations	887	990	749	889	815	782	706
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	887	990	749	889	815	782	706
Non-controlling interests	(137)	(159)	(112)	(148)	(8)	(10)	(13)
Underlying attributable profit to the parent	750	831	637	741	806	772	693
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	122,702	126,360	128,339	137,428	145,838	163,729	183,998
Cash, central banks and credit institutions	31,414	37,075	37,244	34,857	36,811	35,174	40,202
Debt instruments	38,692	35,512	37,367	38,500	39,217	45,137	44,815
Other financial assets	12,075	10,863	10,919	12,555	11,328	13,945	16,958
Other asset accounts	21,733	20,952	21,040	21,394	22,032	23,878	25,120
Total assets	226,617	230,762	234,911	244,734	255,227	281,862	311,094
Customer deposits	120,090	115,106	122,906	121,989	139,565	154,450	168,473
Central banks and credit institutions	22,965	30,684	25,406	35,152	28,255	31,023	36,613
Marketable debt securities	38,189	38,288	40,025	38,061	38,291	40,708	46,286
Other financial liabilities	13,762	14,205	13,249	14,652	15,077	20,813	24,563
Other liabilities accounts	5,881	6,014	6,059	6,194	6,431	6,764	7,416
Total liabilities	200,886	204,297	207,645	216,048	227,619	253,758	283,352
Total equity	25,731	26,465	27,265	28,686	27,607	28,104	27,742
Memorandum items:
Gross loans and advances to customers **	122,862	125,635	127,113	134,090	141,391	151,578	164,773
Customer funds	127,263	130,087	133,978	137,206	145,866	151,098	163,570
Customer deposits ***	104,581	105,171	108,528	111,004	119,404	123,599	133,613
Mutual funds	22,683	24,916	25,450	26,202	26,462	27,498	29,958
Other information
NPL ratio	2.39	2.28	2.56	2.42	2.83	2.71	2.79
Coverage ratio	153.4	152.3	139.3	134.9	110.5	111.4	102.7
Cost of risk	2.34	1.67	1.46	0.93	0.93	1.09	1.12
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

North_America_EUR-KTES

North America
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	7,102	6,728	375	5.6
Net fee income	1,450	1,397	53	3.8
Gains (losses) on financial transactions *	124	225	(100)	(44.7)
Other operating income	344	828	(484)	(58.4)
Total income	9,021	9,178	(157)	(1.7)
Administrative expenses and amortizations	(4,239)	(4,054)	(184)	4.5
Net operating income	4,782	5,123	(341)	(6.7)
Net loan-loss provisions	(1,666)	(1,228)	(437)	35.6
Other gains (losses) and provisions	(111)	(55)	(57)	104.0
Profit before tax	3,005	3,841	(835)	(21.7)
Tax on profit	(703)	(877)	173	(19.8)
Profit from continuing operations	2,302	2,964	(662)	(22.3)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	2,302	2,964	(662)	(22.3)
Non-controlling interests	(31)	(459)	428	(93.2)
Underlying attributable profit to the parent	2,271	2,505	(234)	(9.3)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	183,998	152,609	31,389	20.6
Cash, central banks and credit institutions	40,202	44,253	(4,051)	(9.2)
Debt instruments	44,815	44,780	35	0.1
Other financial assets	16,958	13,104	3,854	29.4
Other asset accounts	25,120	24,910	210	0.8
Total assets	311,094	279,656	31,438	11.2
Customer deposits	168,473	146,282	22,191	15.2
Central banks and credit institutions	36,613	30,418	6,195	20.4
Marketable debt securities	46,286	47,482	(1,196)	(2.5)
Other financial liabilities	24,563	15,914	8,649	54.3
Other liabilities accounts	7,416	7,213	203	2.8
Total liabilities	283,352	247,309	36,042	14.6
Total equity	27,742	32,347	(4,605)	(14.2)
Memorandum items:
Gross loans and advances to customers **	164,773	151,143	13,630	9.0
Customer funds	163,570	159,587	3,983	2.5
Customer deposits ***	133,613	129,168	4,444	3.4
Mutual funds	29,958	30,418	(461)	(1.5)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
North America
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	2,240	2,236	2,252	2,263	2,262	2,352	2,489
Net fee income	512	461	424	430	471	493	486
Gains (losses) on financial transactions *	111	36	78	25	86	38	0
Other operating income	244	304	280	191	147	100	97
Total income	3,108	3,037	3,033	2,909	2,965	2,983	3,072
Administrative expenses and amortizations	(1,301)	(1,346)	(1,407)	(1,464)	(1,335)	(1,433)	(1,470)
Net operating income	1,806	1,691	1,626	1,445	1,630	1,550	1,602
Net loan-loss provisions	(447)	(218)	(563)	(120)	(466)	(524)	(675)
Other gains (losses) and provisions	(23)	9	(41)	(106)	(49)	(18)	(44)
Profit before tax	1,336	1,482	1,023	1,219	1,116	1,007	883
Tax on profit	(326)	(356)	(194)	(256)	(250)	(228)	(225)
Profit from continuing operations	1,010	1,125	828	964	866	779	658
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	1,010	1,125	828	964	866	779	658
Non-controlling interests	(155)	(181)	(123)	(160)	(9)	(10)	(12)
Underlying attributable profit to the parent	855	945	705	804	856	769	646
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	147,513	152,417	152,609	159,384	164,916	174,582	183,998
Cash, central banks and credit institutions	37,769	44,658	44,253	40,436	41,576	37,517	40,202
Debt instruments	46,819	42,729	44,780	44,933	44,266	48,202	44,815
Other financial assets	14,637	13,057	13,104	14,677	12,786	14,886	16,958
Other asset accounts	26,037	25,238	24,910	24,729	24,890	25,436	25,120
Total assets	272,775	278,100	279,656	284,159	288,434	300,624	311,094
Customer deposits	144,509	138,782	146,282	141,674	157,790	164,705	168,473
Central banks and credit institutions	27,796	36,954	30,418	40,866	31,888	33,125	36,613
Marketable debt securities	45,846	46,223	47,482	44,080	43,317	43,398	46,286
Other financial liabilities	16,685	17,057	15,914	17,139	17,005	22,224	24,563
Other liabilities accounts	7,086	7,244	7,213	7,190	7,267	7,213	7,416
Total liabilities	241,922	246,260	247,309	250,950	257,267	270,665	283,352
Total equity	30,853	31,839	32,347	33,210	31,168	29,959	27,742
Memorandum items:
Gross loans and advances to customers **	147,716	151,546	151,143	155,541	159,875	161,649	164,773
Customer funds	153,210	156,819	159,587	159,384	164,877	161,185	163,570
Customer deposits ***	125,818	126,819	129,168	128,870	134,994	131,819	133,613
Mutual funds	27,392	30,000	30,418	30,514	29,883	29,367	29,958
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

USA_EUR

United States
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	4,546	3,942	604	15.3
Net fee income	588	606	(18)	(3.0)
Gains (losses) on financial transactions *	108	124	(16)	(12.6)
Other operating income	425	834	(409)	(49.1)
Total income	5,667	5,506	161	2.9
Administrative expenses and amortizations	(2,635)	(2,346)	(288)	12.3
Net operating income	3,032	3,160	(128)	(4.0)
Net loan-loss provisions	(1,107)	(450)	(657)	145.9
Other gains (losses) and provisions	(17)	(6)	(11)	199.7
Profit before tax	1,908	2,704	(796)	(29.4)
Tax on profit	(419)	(611)	192	(31.5)
Profit from continuing operations	1,489	2,093	(604)	(28.9)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,489	2,093	(604)	(28.9)
Non-controlling interests	-	(361)	361	(100.0)
Underlying attributable profit to the parent	1,489	1,732	(243)	(14.0)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	140,391	95,953	44,438	46.3
Cash, central banks and credit institutions	18,451	27,322	(8,872)	(32.5)
Debt instruments	22,984	16,025	6,959	43.4
Other financial assets	6,392	4,039	2,353	58.2
Other asset accounts	20,100	17,458	2,642	15.1
Total assets	208,318	160,798	47,520	29.6
Customer deposits	125,416	87,316	38,100	43.6
Central banks and credit institutions	11,604	11,731	(127)	(1.1)
Marketable debt securities	36,768	33,838	2,930	8.7
Other financial liabilities	10,293	4,058	6,235	153.6
Other liabilities accounts	4,834	3,938	896	22.8
Total liabilities	188,915	140,881	48,034	34.1
Total equity	19,403	19,917	(513)	(2.6)
Memorandum items:
Gross loans and advances to customers **	121,218	95,318	25,901	27.2
Customer funds	111,301	90,837	20,464	22.5
Customer deposits ***	96,752	77,141	19,610	25.4
Mutual funds	14,549	13,696	853	6.2
Ratios (%), operating means and customers
Underlying RoTE	10.31	13.88	(3.57 p.)
Efficiency ratio	46.5	42.6	3.9 p.
NPL ratio	2.92	2.36	0.56 p.
Coverage ratio	102.8	161.5	(58.7 p.)
Number of employees	14,705	15,484	(779)	(5.0)
Number of branches	484	514	(30)	(5.8)
Number of loyal customers (thousands)	345	365	(20)	(5.5)
Number of digital customers (thousands)	1,034	1,032	2	0.2
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
United States
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,310	1,300	1,332	1,356	1,378	1,499	1,669
Net fee income	241	191	174	176	197	198	194
Gains (losses) on financial transactions *	70	20	34	28	67	31	10
Other operating income	254	298	282	211	169	126	129
Total income	1,875	1,809	1,822	1,771	1,811	1,854	2,001
Administrative expenses and amortizations	(748)	(783)	(815)	(850)	(798)	(883)	(953)
Net operating income	1,127	1,025	1,007	920	1,013	970	1,048
Net loan-loss provisions	(165)	9	(294)	31	(256)	(338)	(513)
Other gains (losses) and provisions	(15)	15	(6)	(110)	(19)	7	(5)
Profit before tax	947	1,049	708	841	738	640	530
Tax on profit	(227)	(251)	(133)	(189)	(155)	(133)	(131)
Profit from continuing operations	720	799	575	652	583	507	399
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	720	799	575	652	583	507	399
Non-controlling interests	(122)	(143)	(96)	(133)	-	-	-
Underlying attributable profit to the parent	598	655	479	519	583	507	399
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	91,777	93,724	95,953	103,548	109,292	124,681	140,391
Cash, central banks and credit institutions	21,214	25,444	27,322	24,033	23,477	21,368	18,451
Debt instruments	15,154	15,922	16,025	16,341	16,831	22,276	22,984
Other financial assets	3,584	3,576	4,039	4,258	4,789	5,859	6,392
Other asset accounts	17,861	17,257	17,458	17,638	17,986	19,455	20,100
Total assets	149,590	155,923	160,798	165,819	172,375	193,639	208,318
Customer deposits	83,633	79,384	87,316	83,159	99,689	113,256	125,416
Central banks and credit institutions	8,602	17,401	11,731	21,926	12,435	14,682	11,604
Marketable debt securities	31,541	32,123	33,838	31,482	31,322	32,489	36,768
Other financial liabilities	3,681	3,898	4,058	4,038	4,979	8,620	10,293
Other liabilities accounts	3,475	3,880	3,938	4,140	4,368	4,450	4,834
Total liabilities	130,931	136,685	140,881	144,745	152,792	173,497	188,915
Total equity	18,658	19,237	19,917	21,074	19,582	20,142	19,403
Memorandum items:
Gross loans and advances to customers **	91,408	93,519	95,318	99,731	104,127	111,590	121,218
Customer funds	85,512	87,206	90,837	91,865	98,564	101,521	111,301
Customer deposits ***	74,107	74,058	77,141	77,775	84,963	88,015	96,752
Mutual funds	11,405	13,148	13,696	14,090	13,601	13,506	14,549
Other information
NPL ratio	2.11	2.00	2.36	2.33	2.75	2.64	2.92
Coverage ratio	183.2	185.7	161.5	150.3	122.2	121.0	102.8
Cost of risk	2.12	1.34	1.06	0.43	0.49	0.78	0.87
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

USA_EUR-KTES

United States
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	4,546	4,441	105	2.4
Net fee income	588	683	(95)	(13.9)
Gains (losses) on financial transactions *	108	139	(31)	(22.4)
Other operating income	425	939	(515)	(54.8)
Total income	5,667	6,202	(536)	(8.6)
Administrative expenses and amortizations	(2,635)	(2,643)	8	(0.3)
Net operating income	3,032	3,559	(528)	(14.8)
Net loan-loss provisions	(1,107)	(507)	(600)	118.3
Other gains (losses) and provisions	(17)	(6)	(11)	166.0
Profit before tax	1,908	3,046	(1,138)	(37.4)
Tax on profit	(419)	(688)	269	(39.2)
Profit from continuing operations	1,489	2,358	(869)	(36.8)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,489	2,358	(869)	(36.8)
Non-controlling interests	-	(407)	407	(100.0)
Underlying attributable profit to the parent	1,489	1,951	(462)	(23.7)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	140,391	113,400	26,991	23.8
Cash, central banks and credit institutions	18,451	32,290	(13,840)	(42.9)
Debt instruments	22,984	18,939	4,045	21.4
Other financial assets	6,392	4,774	1,618	33.9
Other asset accounts	20,100	20,632	(532)	(2.6)
Total assets	208,318	190,035	18,283	9.6
Customer deposits	125,416	103,192	22,223	21.5
Central banks and credit institutions	11,604	13,864	(2,260)	(16.3)
Marketable debt securities	36,768	39,991	(3,223)	(8.1)
Other financial liabilities	10,293	4,796	5,497	114.6
Other liabilities accounts	4,834	4,654	180	3.9
Total liabilities	188,915	166,497	22,418	13.5
Total equity	19,403	23,538	(4,135)	(17.6)
Memorandum items:
Gross loans and advances to customers **	121,218	112,649	8,569	7.6
Customer funds	111,301	107,354	3,947	3.7
Customer deposits ***	96,752	91,168	5,584	6.1
Mutual funds	14,549	16,186	(1,637)	(10.1)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
United States
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,487	1,476	1,478	1,458	1,456	1,504	1,586
Net fee income	273	217	192	188	208	198	182
Gains (losses) on financial transactions *	79	23	37	30	71	30	7
Other operating income	288	338	313	223	179	125	120
Total income	2,127	2,054	2,021	1,899	1,914	1,857	1,895
Administrative expenses and amortizations	(848)	(890)	(905)	(916)	(843)	(887)	(905)
Net operating income	1,279	1,165	1,116	983	1,071	970	991
Net loan-loss provisions	(188)	10	(330)	41	(270)	(341)	(496)
Other gains (losses) and provisions	(17)	17	(6)	(123)	(20)	8	(5)
Profit before tax	1,074	1,192	780	901	780	638	490
Tax on profit	(257)	(285)	(146)	(203)	(164)	(132)	(122)
Profit from continuing operations	817	907	634	699	616	505	368
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	817	907	634	699	616	505	368
Non-controlling interests	(139)	(162)	(105)	(143)	-	-	-
Underlying attributable profit to the parent	678	744	529	555	616	505	368
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	109,830	113,301	113,400	119,526	123,767	132,769	140,391
Cash, central banks and credit institutions	25,387	30,758	32,290	27,742	26,586	22,754	18,451
Debt instruments	18,135	19,248	18,939	18,862	19,060	23,721	22,984
Other financial assets	4,289	4,323	4,774	4,915	5,424	6,239	6,392
Other asset accounts	21,374	20,862	20,632	20,360	20,368	20,718	20,100
Total assets	179,015	188,493	190,035	191,406	195,205	206,201	208,318
Customer deposits	100,084	95,966	103,192	95,991	112,893	120,603	125,416
Central banks and credit institutions	10,294	21,035	13,864	25,309	14,082	15,634	11,604
Marketable debt securities	37,745	38,833	39,991	36,340	35,470	34,597	36,768
Other financial liabilities	4,405	4,713	4,796	4,661	5,638	9,179	10,293
Other liabilities accounts	4,158	4,691	4,654	4,779	4,946	4,739	4,834
Total liabilities	156,687	165,237	166,497	167,080	173,029	184,752	188,915
Total equity	22,329	23,256	23,538	24,326	22,176	21,449	19,403
Memorandum items:
Gross loans and advances to customers **	109,389	113,054	112,649	115,120	117,919	118,829	121,218
Customer funds	102,332	105,422	107,354	106,041	111,618	108,107	111,301
Customer deposits ***	88,684	89,528	91,168	89,777	96,216	93,724	96,752
Mutual funds	13,648	15,895	16,186	16,264	15,403	14,382	14,549
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

USA_USD

United States
USD million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	4,826	4,715	112	2.4
Net fee income	624	725	(101)	(13.9)
Gains (losses) on financial transactions *	115	148	(33)	(22.4)
Other operating income	451	997	(546)	(54.8)
Total income	6,016	6,585	(569)	(8.6)
Administrative expenses and amortizations	(2,797)	(2,806)	9	(0.3)
Net operating income	3,219	3,779	(560)	(14.8)
Net loan-loss provisions	(1,175)	(538)	(637)	118.3
Other gains (losses) and provisions	(18)	(7)	(11)	166.0
Profit before tax	2,026	3,234	(1,208)	(37.4)
Tax on profit	(444)	(730)	286	(39.2)
Profit from continuing operations	1,581	2,504	(922)	(36.8)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,581	2,504	(922)	(36.8)
Non-controlling interests	-	(432)	432	(100.0)
Underlying attributable profit to the parent	1,581	2,072	(490)	(23.7)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	137,745	111,263	26,482	23.8
Cash, central banks and credit institutions	18,103	31,682	(13,579)	(42.9)
Debt instruments	22,551	18,582	3,969	21.4
Other financial assets	6,271	4,684	1,588	33.9
Other asset accounts	19,721	20,243	(522)	(2.6)
Total assets	204,391	186,453	17,938	9.6
Customer deposits	123,052	101,247	21,805	21.5
Central banks and credit institutions	11,385	13,603	(2,217)	(16.3)
Marketable debt securities	36,075	39,237	(3,162)	(8.1)
Other financial liabilities	10,099	4,706	5,393	114.6
Other liabilities accounts	4,743	4,566	177	3.9
Total liabilities	185,354	163,359	21,995	13.5
Total equity	19,037	23,094	(4,057)	(17.6)
Memorandum items:
Gross loans and advances to customers **	118,933	110,526	8,408	7.6
Customer funds	109,203	105,330	3,873	3.7
Customer deposits ***	94,928	89,449	5,479	6.1
Mutual funds	14,275	15,881	(1,606)	(10.1)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
United States
USD million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,578	1,567	1,569	1,548	1,546	1,597	1,684
Net fee income	290	231	204	200	221	210	193
Gains (losses) on financial transactions *	84	24	39	31	75	32	7
Other operating income	306	359	333	237	190	133	128
Total income	2,258	2,181	2,146	2,016	2,032	1,972	2,012
Administrative expenses and amortizations	(901)	(945)	(960)	(973)	(895)	(942)	(960)
Net operating income	1,358	1,236	1,185	1,044	1,137	1,030	1,052
Net loan-loss provisions	(199)	11	(350)	43	(287)	(362)	(527)
Other gains (losses) and provisions	(18)	18	(7)	(130)	(22)	9	(5)
Profit before tax	1,141	1,265	828	957	828	677	520
Tax on profit	(273)	(302)	(155)	(215)	(174)	(141)	(130)
Profit from continuing operations	867	963	673	742	654	536	390
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	867	963	673	742	654	536	390
Non-controlling interests	(147)	(173)	(112)	(152)	-	-	-
Underlying attributable profit to the parent	720	790	561	590	654	536	390
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	107,759	111,166	111,263	117,273	121,434	130,267	137,745
Cash, central banks and credit institutions	24,909	30,179	31,682	27,219	26,085	22,325	18,103
Debt instruments	17,793	18,885	18,582	18,507	18,701	23,274	22,551
Other financial assets	4,208	4,242	4,684	4,823	5,321	6,121	6,271
Other asset accounts	20,971	20,469	20,243	19,976	19,984	20,327	19,721
Total assets	175,641	184,940	186,453	187,798	191,525	202,314	204,391
Customer deposits	98,198	94,157	101,247	94,181	110,765	118,330	123,052
Central banks and credit institutions	10,100	20,639	13,603	24,832	13,817	15,339	11,385
Marketable debt securities	37,033	38,101	39,237	35,655	34,801	33,944	36,075
Other financial liabilities	4,322	4,624	4,706	4,573	5,532	9,006	10,099
Other liabilities accounts	4,080	4,602	4,566	4,689	4,853	4,650	4,743
Total liabilities	153,733	162,123	163,359	163,931	169,768	181,270	185,354
Total equity	21,908	22,817	23,094	23,867	21,758	21,044	19,037
Memorandum items:
Gross loans and advances to customers **	107,327	110,922	110,526	112,950	115,696	116,589	118,933
Customer funds	100,403	103,435	105,330	104,042	109,514	106,069	109,203
Customer deposits ***	87,012	87,840	89,449	88,084	94,402	91,958	94,928
Mutual funds	13,391	15,595	15,881	15,958	15,113	14,111	14,275
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Mexico_EUR

Mexico
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	2,556	2,043	513	25.1
Net fee income	831	617	214	34.7
Gains (losses) on financial transactions *	16	76	(61)	(79.5)
Other operating income	(91)	(94)	3	(3.1)
Total income	3,312	2,643	669	25.3
Administrative expenses and amortizations	(1,467)	(1,177)	(290)	24.7
Net operating income	1,845	1,466	379	25.9
Net loan-loss provisions	(555)	(645)	89	(13.8)
Other gains (losses) and provisions	(91)	(13)	(78)	612.4
Profit before tax	1,198	808	390	48.2
Tax on profit	(293)	(174)	(119)	68.8
Profit from continuing operations	906	635	271	42.6
Net profit from discontinued operations	-	-	-	-
Consolidated profit	906	635	271	42.6
Non-controlling interests	(32)	(47)	15	(32.4)
Underlying attributable profit to the parent	874	588	286	48.6
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	43,550	32,368	11,183	34.5
Cash, central banks and credit institutions	21,429	9,682	11,747	121.3
Debt instruments	21,831	21,343	488	2.3
Other financial assets	10,350	6,880	3,471	50.4
Other asset accounts	4,769	3,300	1,469	44.5
Total assets	101,928	73,572	28,357	38.5
Customer deposits	42,829	35,581	7,248	20.4
Central banks and credit institutions	24,883	13,639	11,244	82.4
Marketable debt securities	9,518	6,187	3,331	53.8
Other financial liabilities	14,066	9,144	4,921	53.8
Other liabilities accounts	2,521	2,077	444	21.4
Total liabilities	93,817	66,628	27,189	40.8
Total equity	8,111	6,943	1,168	16.8
Memorandum items:
Gross loans and advances to customers **	43,492	31,777	11,715	36.9
Customer funds	52,040	43,132	8,909	20.7
Customer deposits ***	36,632	31,377	5,255	16.7
Mutual funds	15,408	11,754	3,654	31.1
Ratios (%), operating means and customers
Underlying RoTE	16.59	13.27	3.33 p.
Efficiency ratio	44.3	44.5	(0.2 p.)
NPL ratio	2.34	3.14	(0.79 p.)
Coverage ratio	102.7	90.1	12.6 p.
Number of employees	28,783	27,027	1,756	6.5
Number of branches	1,368	1,374	(6)	(0.4)
Number of loyal customers (thousands)	4,214	3,825	389	10.2
Number of digital customers (thousands)	5,813	5,308	505	9.5
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Mexico
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	661	678	705	730	753	853	950
Net fee income	204	210	203	211	245	283	303
Gains (losses) on financial transactions *	28	12	37	(4)	13	9	(6)
Other operating income	(34)	(28)	(31)	(26)	(30)	(30)	(31)
Total income	858	872	913	910	982	1,115	1,216
Administrative expenses and amortizations	(373)	(379)	(425)	(466)	(432)	(498)	(537)
Net operating income	485	493	488	444	549	617	679
Net loan-loss provisions	(228)	(204)	(213)	(146)	(183)	(184)	(188)
Other gains (losses) and provisions	(5)	(6)	(1)	(6)	(26)	(26)	(38)
Profit before tax	253	282	274	292	340	407	452
Tax on profit	(61)	(66)	(47)	(49)	(83)	(99)	(111)
Profit from continuing operations	192	217	227	243	257	308	340
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	192	217	227	243	257	308	340
Non-controlling interests	(14)	(16)	(16)	(14)	(9)	(11)	(12)
Underlying attributable profit to the parent	177	200	210	228	249	297	328
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	30,910	32,618	32,368	33,860	36,540	39,007	43,550
Cash, central banks and credit institutions	9,980	11,418	9,682	10,593	13,144	13,499	21,429
Debt instruments	23,538	19,590	21,343	22,159	22,386	22,860	21,831
Other financial assets	8,490	7,285	6,880	8,297	6,538	7,915	10,350
Other asset accounts	3,617	3,429	3,300	3,474	3,780	4,179	4,769
Total assets	76,535	74,340	73,572	78,383	82,387	87,459	101,928
Customer deposits	36,445	35,712	35,581	38,820	39,864	41,011	42,829
Central banks and credit institutions	14,358	13,267	13,639	13,201	15,767	16,211	24,883
Marketable debt securities	6,648	6,165	6,187	6,579	6,969	8,219	9,518
Other financial liabilities	10,054	10,260	9,144	10,559	10,067	12,026	14,066
Other liabilities accounts	2,389	2,111	2,077	2,022	2,044	2,262	2,521
Total liabilities	69,894	67,516	66,628	71,180	74,711	79,729	93,817
Total equity	6,641	6,824	6,943	7,203	7,676	7,730	8,111
Memorandum items:
Gross loans and advances to customers **	31,437	32,097	31,777	34,339	37,257	39,943	43,492
Customer funds	41,740	42,870	43,132	45,330	47,291	49,393	52,040
Customer deposits ***	30,462	31,103	31,377	33,218	34,430	35,401	36,632
Mutual funds	11,278	11,767	11,754	12,112	12,860	13,992	15,408
Other information
NPL ratio	3.21	3.10	3.14	2.73	3.09	2.95	2.34
Coverage ratio	95.6	90.6	90.1	95.0	79.5	84.1	102.7
Cost of risk	3.00	2.74	2.69	2.44	2.22	2.05	1.86
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Mexico_EUR-KTES

Mexico
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	2,556	2,287	270	11.8
Net fee income	831	691	140	20.3
Gains (losses) on financial transactions *	16	86	(70)	(81.7)
Other operating income	(91)	(105)	14	(13.4)
Total income	3,312	2,958	354	12.0
Administrative expenses and amortizations	(1,467)	(1,317)	(150)	11.4
Net operating income	1,845	1,641	204	12.5
Net loan-loss provisions	(555)	(721)	166	(23.0)
Other gains (losses) and provisions	(91)	(14)	(77)	536.5
Profit before tax	1,198	905	294	32.5
Tax on profit	(293)	(194)	(99)	50.8
Profit from continuing operations	906	711	195	27.4
Net profit from discontinued operations	-	-	-	-
Consolidated profit	906	711	195	27.4
Non-controlling interests	(32)	(52)	21	(39.6)
Underlying attributable profit to the parent	874	658	216	32.8
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	43,550	39,190	4,360	11.1
Cash, central banks and credit institutions	21,429	11,723	9,706	82.8
Debt instruments	21,831	25,841	(4,011)	(15.5)
Other financial assets	10,350	8,330	2,020	24.3
Other asset accounts	4,769	3,996	773	19.4
Total assets	101,928	89,080	12,849	14.4
Customer deposits	42,829	43,081	(252)	(0.6)
Central banks and credit institutions	24,883	16,514	8,369	50.7
Marketable debt securities	9,518	7,492	2,027	27.1
Other financial liabilities	14,066	11,072	2,994	27.0
Other liabilities accounts	2,521	2,515	7	0.3
Total liabilities	93,817	80,673	13,144	16.3
Total equity	8,111	8,407	(296)	(3.5)
Memorandum items:
Gross loans and advances to customers **	43,492	38,475	5,017	13.0
Customer funds	52,040	52,223	(183)	(0.4)
Customer deposits ***	36,632	37,991	(1,359)	(3.6)
Mutual funds	15,408	14,232	1,176	8.3
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Mexico
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	753	760	773	805	805	848	903
Net fee income	232	236	222	232	262	282	287
Gains (losses) on financial transactions *	32	13	41	(5)	14	8	(6)
Other operating income	(39)	(32)	(34)	(28)	(32)	(30)	(29)
Total income	978	978	1,002	1,004	1,050	1,108	1,154
Administrative expenses and amortizations	(425)	(425)	(467)	(515)	(462)	(495)	(510)
Net operating income	553	553	535	489	588	613	644
Net loan-loss provisions	(260)	(229)	(233)	(160)	(196)	(182)	(177)
Other gains (losses) and provisions	(6)	(7)	(1)	(7)	(28)	(26)	(37)
Profit before tax	288	317	300	322	364	405	430
Tax on profit	(69)	(74)	(51)	(54)	(88)	(99)	(106)
Profit from continuing operations	218	243	249	268	275	306	324
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	218	243	249	268	275	306	324
Non-controlling interests	(16)	(18)	(18)	(16)	(9)	(11)	(12)
Underlying attributable profit to the parent	202	225	231	252	266	296	312
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	37,668	39,098	39,190	39,838	41,142	41,772	43,550
Cash, central banks and credit institutions	12,162	13,686	11,723	12,463	14,799	14,456	21,429
Debt instruments	28,684	23,481	25,841	26,071	25,206	24,481	21,831
Other financial assets	10,347	8,733	8,330	9,761	7,362	8,476	10,350
Other asset accounts	4,407	4,110	3,996	4,087	4,256	4,475	4,769
Total assets	93,268	89,108	89,080	92,221	92,765	93,659	101,928
Customer deposits	44,412	42,806	43,081	45,673	44,885	43,918	42,829
Central banks and credit institutions	17,497	15,903	16,514	15,532	17,753	17,361	24,883
Marketable debt securities	8,102	7,390	7,492	7,740	7,847	8,801	9,518
Other financial liabilities	12,252	12,298	11,072	12,423	11,335	12,879	14,066
Other liabilities accounts	2,911	2,530	2,515	2,379	2,301	2,423	2,521
Total liabilities	85,175	80,928	80,673	83,746	84,121	85,381	93,817
Total equity	8,093	8,180	8,407	8,474	8,643	8,278	8,111
Memorandum items:
Gross loans and advances to customers **	38,310	38,473	38,475	40,401	41,949	42,775	43,492
Customer funds	50,865	51,386	52,223	53,333	53,247	52,895	52,040
Customer deposits ***	37,122	37,281	37,991	39,082	38,767	37,911	36,632
Mutual funds	13,744	14,105	14,232	14,250	14,480	14,984	15,408
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Mexico_MXN

Mexico
MXN million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	54,978	49,176	5,801	11.8
Net fee income	17,873	14,853	3,020	20.3
Gains (losses) on financial transactions *	338	1,840	(1,502)	(81.7)
Other operating income	(1,958)	(2,262)	303	(13.4)
Total income	71,230	63,607	7,622	12.0
Administrative expenses and amortizations	(31,552)	(28,326)	(3,226)	11.4
Net operating income	39,678	35,281	4,396	12.5
Net loan-loss provisions	(11,946)	(15,514)	3,569	(23.0)
Other gains (losses) and provisions	(1,958)	(308)	(1,650)	536.5
Profit before tax	25,774	19,459	6,315	32.5
Tax on profit	(6,300)	(4,177)	(2,123)	50.8
Profit from continuing operations	19,474	15,282	4,192	27.4
Net profit from discontinued operations	-	-	-	-
Consolidated profit	19,474	15,282	4,192	27.4
Non-controlling interests	(679)	(1,126)	446	(39.6)
Underlying attributable profit to the parent	18,794	14,156	4,638	32.8
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	856,998	771,204	85,794	11.1
Cash, central banks and credit institutions	421,681	230,689	190,992	82.8
Debt instruments	429,594	508,516	(78,921)	(15.5)
Other financial assets	203,673	163,915	39,758	24.3
Other asset accounts	93,842	78,625	15,217	19.4
Total assets	2,005,788	1,752,949	252,839	14.4
Customer deposits	842,809	847,764	(4,955)	(0.6)
Central banks and credit institutions	489,654	324,969	164,685	50.7
Marketable debt securities	187,306	147,422	39,884	27.1
Other financial liabilities	276,788	217,875	58,912	27.0
Other liabilities accounts	49,619	49,487	132	0.3
Total liabilities	1,846,176	1,587,518	258,659	16.3
Total equity	159,612	165,431	(5,820)	(3.5)
Memorandum items:
Gross loans and advances to customers **	855,857	757,137	98,720	13.0
Customer funds	1,024,075	1,027,674	(3,599)	(0.4)
Customer deposits ***	720,864	747,613	(26,749)	(3.6)
Mutual funds	303,212	280,061	23,151	8.3
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Mexico
MXN million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	16,201	16,346	16,630	17,312	17,319	18,241	19,417
Net fee income	4,995	5,077	4,781	4,998	5,641	6,061	6,170
Gains (losses) on financial transactions *	686	280	873	(105)	295	182	(139)
Other operating income	(842)	(680)	(740)	(613)	(679)	(648)	(632)
Total income	21,039	21,024	21,544	21,592	22,576	23,836	24,817
Administrative expenses and amortizations	(9,139)	(9,140)	(10,048)	(11,067)	(9,939)	(10,646)	(10,967)
Net operating income	11,900	11,884	11,497	10,525	12,638	13,190	13,850
Net loan-loss provisions	(5,582)	(4,921)	(5,012)	(3,445)	(4,212)	(3,919)	(3,815)
Other gains (losses) and provisions	(127)	(151)	(30)	(154)	(606)	(559)	(793)
Profit before tax	6,192	6,813	6,455	6,926	7,820	8,712	9,242
Tax on profit	(1,493)	(1,583)	(1,101)	(1,165)	(1,899)	(2,121)	(2,281)
Profit from continuing operations	4,699	5,229	5,354	5,761	5,921	6,591	6,962
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	4,699	5,229	5,354	5,761	5,921	6,591	6,962
Non-controlling interests	(352)	(392)	(382)	(342)	(197)	(230)	(253)
Underlying attributable profit to the parent	4,347	4,837	4,972	5,419	5,724	6,362	6,709
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	741,241	769,381	771,204	783,951	809,611	822,002	856,998
Cash, central banks and credit institutions	239,329	269,322	230,689	245,247	291,228	284,464	421,681
Debt instruments	564,454	462,072	508,516	513,036	496,008	481,744	429,594
Other financial assets	203,604	171,844	163,915	192,089	144,872	166,796	203,673
Other asset accounts	86,732	80,882	78,625	80,433	83,743	88,062	93,842
Total assets	1,835,359	1,753,501	1,752,949	1,814,755	1,825,462	1,843,068	2,005,788
Customer deposits	873,967	842,357	847,764	898,767	883,267	864,236	842,809
Central banks and credit institutions	344,321	312,944	324,969	305,637	349,349	341,630	489,654
Marketable debt securities	159,425	145,422	147,422	152,313	154,420	173,197	187,306
Other financial liabilities	241,110	242,011	217,875	244,475	223,049	253,430	276,788
Other liabilities accounts	57,288	49,796	49,487	46,805	45,289	47,673	49,619
Total liabilities	1,676,111	1,592,530	1,587,518	1,647,997	1,655,375	1,680,165	1,846,176
Total equity	159,249	160,971	165,431	166,758	170,087	162,903	159,612
Memorandum items:
Gross loans and advances to customers **	753,883	757,094	757,137	795,028	825,498	841,738	855,857
Customer funds	1,000,953	1,011,198	1,027,674	1,049,502	1,047,823	1,040,886	1,024,075
Customer deposits ***	730,502	733,634	747,613	769,081	762,872	746,021	720,864
Mutual funds	270,451	277,564	280,061	280,421	284,951	294,866	303,212
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Other_North_America_EUR

Other North America
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	0	0	(0)	(97.2)
Net fee income	31	24	7	29.8
Gains (losses) on financial transactions *	1	(0)	1	-
Other operating income	11	(6)	17	-
Total income	42	18	24	137.4
Administrative expenses and amortizations	(137)	(94)	(43)	45.1
Net operating income	(95)	(77)	(18)	23.7
Net loan-loss provisions	(3)	0	(3)	-
Other gains (losses) and provisions	(3)	(31)	28	(90.5)
Profit before tax	(101)	(108)	7	(6.3)
Tax on profit	8	6	3	49.6
Profit from continuing operations	(93)	(102)	9	(9.3)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	(93)	(102)	9	(9.3)
Non-controlling interests	1	0	0	84.7
Underlying attributable profit to the parent	(92)	(102)	10	(9.5)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	57	18	38	208.0
Cash, central banks and credit institutions	323	240	83	34.5
Debt instruments	0	-	0	-
Other financial assets	216	1	216	-
Other asset accounts	252	282	(31)	(10.9)
Total assets	848	541	306	56.5
Customer deposits	229	9	219	-
Central banks and credit institutions	126	36	90	247.8
Marketable debt securities	-	-	-	-
Other financial liabilities	205	46	158	344.0
Other liabilities accounts	60	44	16	36.8
Total liabilities	620	136	484	356.5
Total equity	228	406	(178)	(43.8)
Memorandum items:
Gross loans and advances to customers **	62	18	44	235.5
Customer funds	229	9	219	-
Customer deposits ***	229	9	219	-
Mutual funds	-	-	-	-
Operating data
Number of employees	1,012	624	388	62.2
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Other North America
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	0	0	0	0	0	(0)	(0)
Net fee income	7	8	9	10	1	13	17
Gains (losses) on financial transactions *	0	(0)	(0)	(0)	1	(0)	(0)
Other operating income	(5)	(2)	1	(4)	(0)	5	6
Total income	2	5	10	5	2	17	23
Administrative expenses and amortizations	(28)	(32)	(35)	(33)	(30)	(51)	(56)
Net operating income	(26)	(26)	(25)	(27)	(28)	(34)	(33)
Net loan-loss provisions	(0)	(0)	0	(0)	0	(1)	(2)
Other gains (losses) and provisions	(0)	(0)	(31)	21	(0)	(0)	(2)
Profit before tax	(26)	(27)	(55)	(7)	(28)	(36)	(37)
Tax on profit	1	2	3	1	2	3	3
Profit from continuing operations	(25)	(25)	(52)	(5)	(26)	(33)	(34)
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	(25)	(25)	(52)	(5)	(26)	(33)	(34)
Non-controlling interests	0	0	0	(1)	0	1	(0)
Underlying attributable profit to the parent	(25)	(25)	(52)	(6)	(26)	(32)	(34)
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	16	18	18	20	7	41	57
Cash, central banks and credit institutions	220	214	240	231	191	308	323
Debt instruments	-	-	-	-	-	0	0
Other financial assets	1	1	1	0	0	171	216
Other asset accounts	255	266	282	282	267	243	252
Total assets	492	499	541	533	465	764	848
Customer deposits	12	10	9	11	12	184	229
Central banks and credit institutions	4	16	36	25	53	130	126
Marketable debt securities	-	-	-	-	-	-	-
Other financial liabilities	27	46	46	54	32	167	205
Other liabilities accounts	17	23	44	32	19	51	60
Total liabilities	61	95	136	123	116	532	620
Total equity	432	404	406	410	348	232	228
Memorandum items:
Gross loans and advances to customers **	17	19	18	20	7	45	62
Customer funds	12	10	9	11	12	184	229
Customer deposits ***	12	10	9	11	12	184	229
Mutual funds	-	-	-	-	-	-	-
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Other_North_America_EUR-KTES

Other North America
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	0	0	(0)	(97.2)
Net fee income	31	24	7	29.8
Gains (losses) on financial transactions *	1	(0)	1	-
Other operating income	11	(6)	17	-
Total income	42	18	24	137.4
Administrative expenses and amortizations	(137)	(94)	(43)	45.1
Net operating income	(95)	(77)	(18)	23.7
Net loan-loss provisions	(3)	0	(3)	-
Other gains (losses) and provisions	(3)	(34)	31	(91.2)
Profit before tax	(101)	(110)	9	(8.4)
Tax on profit	8	6	3	49.6
Profit from continuing operations	(93)	(105)	12	(11.5)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	(93)	(105)	12	(11.5)
Non-controlling interests	1	0	0	84.7
Underlying attributable profit to the parent	(92)	(105)	12	(11.7)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	57	18	38	208.0
Cash, central banks and credit institutions	323	240	83	34.5
Debt instruments	0	-	0	-
Other financial assets	216	1	216	-
Other asset accounts	252	282	(31)	(10.9)
Total assets	848	541	306	56.5
Customer deposits	229	9	219	-
Central banks and credit institutions	126	40	86	216.1
Marketable debt securities	-	-	-	-
Other financial liabilities	205	46	158	344.0
Other liabilities accounts	60	44	16	36.8
Total liabilities	620	139	480	344.6
Total equity	228	402	(174)	(43.3)
Memorandum items:
Gross loans and advances to customers **	62	18	44	235.5
Customer funds	229	9	219	-
Customer deposits ***	229	9	219	-
Mutual funds	-	-	-	-
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Other North America
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	0	0	0	0	0	(0)	(0)
Net fee income	7	8	9	10	1	13	17
Gains (losses) on financial transactions *	0	(0)	(0)	(0)	1	(0)	(0)
Other operating income	(5)	(2)	1	(4)	(0)	5	6
Total income	2	5	10	5	2	17	23
Administrative expenses and amortizations	(28)	(32)	(35)	(33)	(30)	(51)	(56)
Net operating income	(26)	(26)	(25)	(27)	(28)	(34)	(33)
Net loan-loss provisions	(0)	(0)	0	(0)	0	(1)	(2)
Other gains (losses) and provisions	(0)	(0)	(33)	24	(0)	(1)	(2)
Profit before tax	(26)	(27)	(58)	(4)	(28)	(36)	(37)
Tax on profit	1	2	3	1	2	3	3
Profit from continuing operations	(25)	(25)	(55)	(3)	(26)	(33)	(34)
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	(25)	(25)	(55)	(3)	(26)	(33)	(34)
Non-controlling interests	0	0	0	(1)	0	1	(0)
Underlying attributable profit to the parent	(25)	(25)	(55)	(4)	(26)	(32)	(34)
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	16	18	18	20	7	41	57
Cash, central banks and credit institutions	220	214	240	231	191	308	323
Debt instruments	-	-	-	-	-	0	0
Other financial assets	1	1	1	0	0	171	216
Other asset accounts	255	266	282	282	267	243	252
Total assets	492	499	541	533	465	764	848
Customer deposits	12	10	9	11	12	184	229
Central banks and credit institutions	4	16	40	25	53	130	126
Marketable debt securities	-	-	-	-	-	-	-
Other financial liabilities	27	46	46	54	32	167	205
Other liabilities accounts	17	23	44	32	19	51	60
Total liabilities	61	95	139	123	116	532	620
Total equity	432	404	402	410	348	232	228
Memorandum items:
Gross loans and advances to customers **	17	19	18	20	7	45	62
Customer funds	12	10	9	11	12	184	229
Customer deposits ***	12	10	9	11	12	184	229
Mutual funds	-	-	-	-	-	-	-
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

South_America_EUR

South America
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	9,838	8,242	1,595	19.4
Net fee income	3,350	2,726	624	22.9
Gains (losses) on financial transactions *	992	589	403	68.4
Other operating income	(567)	(267)	(300)	112.2
Total income	13,613	11,290	2,323	20.6
Administrative expenses and amortizations	(4,935)	(3,916)	(1,020)	26.0
Net operating income	8,677	7,374	1,303	17.7
Net loan-loss provisions	(3,633)	(2,384)	(1,249)	52.4
Other gains (losses) and provisions	(389)	(312)	(77)	24.5
Profit before tax	4,656	4,678	(23)	(0.5)
Tax on profit	(1,306)	(1,804)	497	(27.6)
Profit from continuing operations	3,350	2,875	475	16.5
Net profit from discontinued operations	(0)	-	(0)	-
Consolidated profit	3,349	2,875	475	16.5
Non-controlling interests	(466)	(413)	(53)	12.8
Underlying attributable profit to the parent	2,884	2,462	422	17.1
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	150,809	121,133	29,676	24.5
Cash, central banks and credit institutions	56,336	47,010	9,326	19.8
Debt instruments	59,346	51,730	7,616	14.7
Other financial assets	27,029	16,326	10,703	65.6
Other asset accounts	19,670	15,777	3,893	24.7
Total assets	313,190	251,976	61,214	24.3
Customer deposits	144,173	121,470	22,703	18.7
Central banks and credit institutions	47,483	45,877	1,606	3.5
Marketable debt securities	34,740	22,810	11,930	52.3
Other financial liabilities	49,998	33,881	16,118	47.6
Other liabilities accounts	11,947	8,066	3,881	48.1
Total liabilities	288,342	232,104	56,237	24.2
Total equity	24,849	19,872	4,977	25.0
Memorandum items:
Gross loans and advances to customers **	158,670	126,335	32,335	25.6
Customer funds	190,756	162,588	28,169	17.3
Customer deposits ***	129,873	111,092	18,782	16.9
Mutual funds	60,883	51,496	9,387	18.2
Ratios (%), operating means and customers
Underlying RoTE	20.04	20.07	(0.03 p.)
Efficiency ratio	36.3	34.7	1.6 p.
NPL ratio	5.54	4.38	1.16 p.
Coverage ratio	84.7	98.8	(14.0 p.)
Number of employees	76,028	69,961	6,067	8.7
Number of branches	3,754	3,793	(39)	(1.0)
Number of loyal customers (thousands)	11,268	10,072	1,196	11.9
Number of digital customers (thousands)	25,357	23,549	1,808	7.7
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
South America
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	2,570	2,756	2,916	3,065	3,037	3,390	3,411
Net fee income	842	928	956	995	1,013	1,162	1,174
Gains (losses) on financial transactions *	205	177	206	127	225	380	387
Other operating income	(83)	(92)	(92)	(140)	(80)	(195)	(292)
Total income	3,535	3,768	3,987	4,048	4,195	4,738	4,680
Administrative expenses and amortizations	(1,219)	(1,299)	(1,398)	(1,464)	(1,484)	(1,669)	(1,782)
Net operating income	2,316	2,469	2,589	2,583	2,711	3,069	2,898
Net loan-loss provisions	(683)	(809)	(892)	(867)	(999)	(1,335)	(1,300)
Other gains (losses) and provisions	(132)	(55)	(124)	(162)	(151)	(130)	(107)
Profit before tax	1,500	1,605	1,573	1,554	1,561	1,604	1,491
Tax on profit	(598)	(594)	(612)	(556)	(509)	(389)	(409)
Profit from continuing operations	903	1,011	961	998	1,052	1,215	1,082
Net profit from discontinued operations	-	-	-	-	-	-	(0)
Consolidated profit	903	1,011	961	998	1,052	1,215	1,082
Non-controlling interests	(132)	(143)	(138)	(143)	(153)	(169)	(144)
Underlying attributable profit to the parent	770	868	823	855	900	1,046	938
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	115,576	124,784	121,133	123,920	142,061	140,767	150,809
Cash, central banks and credit institutions	44,049	50,441	47,010	43,134	49,929	51,061	56,336
Debt instruments	48,061	49,949	51,730	51,451	60,299	59,378	59,346
Other financial assets	14,402	12,455	16,326	23,809	19,144	24,049	27,029
Other asset accounts	15,013	16,244	15,777	15,491	18,198	18,746	19,670
Total assets	237,102	253,874	251,976	257,805	289,632	294,001	313,190
Customer deposits	111,592	124,500	121,470	120,500	136,530	134,690	144,173
Central banks and credit institutions	45,624	44,741	45,877	44,314	45,488	47,517	47,483
Marketable debt securities	20,974	22,965	22,810	23,461	31,976	32,457	34,740
Other financial liabilities	31,519	31,731	33,881	40,490	41,484	45,501	49,998
Other liabilities accounts	7,520	9,148	8,066	8,610	10,484	10,819	11,947
Total liabilities	217,229	233,086	232,104	237,375	265,962	270,984	288,342
Total equity	19,874	20,788	19,872	20,430	23,670	23,017	24,849
Memorandum items:
Gross loans and advances to customers **	120,478	130,052	126,335	128,916	148,963	147,965	158,670
Customer funds	150,343	168,336	162,588	162,212	184,264	181,506	190,756
Customer deposits ***	103,135	115,589	111,092	110,875	124,154	124,100	129,873
Mutual funds	47,208	52,747	51,496	51,337	60,110	57,407	60,883
Other information
NPL ratio	4.30	4.36	4.38	4.50	5.05	5.39	5.54
Coverage ratio	98.4	98.1	98.8	98.3	92.2	86.9	84.7
Cost of risk	2.81	2.51	2.52	2.60	2.73	2.97	3.11
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

South_America_EUR-KTES

South America
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	9,838	9,074	764	8.4
Net fee income	3,350	3,021	329	10.9
Gains (losses) on financial transactions *	992	624	368	59.0
Other operating income	(567)	(243)	(324)	133.6
Total income	13,613	12,476	1,137	9.1
Administrative expenses and amortizations	(4,935)	(4,207)	(729)	17.3
Net operating income	8,677	8,269	408	4.9
Net loan-loss provisions	(3,633)	(2,701)	(932)	34.5
Other gains (losses) and provisions	(389)	(329)	(60)	18.1
Profit before tax	4,656	5,239	(583)	(11.1)
Tax on profit	(1,306)	(2,069)	763	(36.9)
Profit from continuing operations	3,350	3,170	180	5.7
Net profit from discontinued operations	(0)	-	(0)	-
Consolidated profit	3,349	3,170	180	5.7
Non-controlling interests	(466)	(440)	(26)	5.9
Underlying attributable profit to the parent	2,884	2,730	154	5.6
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	150,809	134,952	15,857	11.8
Cash, central banks and credit institutions	56,336	52,530	3,806	7.2
Debt instruments	59,346	58,827	520	0.9
Other financial assets	27,029	17,540	9,489	54.1
Other asset accounts	19,670	17,784	1,886	10.6
Total assets	313,190	281,633	31,558	11.2
Customer deposits	144,173	135,269	8,903	6.6
Central banks and credit institutions	47,483	51,446	(3,963)	(7.7)
Marketable debt securities	34,740	25,588	9,152	35.8
Other financial liabilities	49,998	38,036	11,963	31.5
Other liabilities accounts	11,947	9,037	2,910	32.2
Total liabilities	288,342	259,377	28,965	11.2
Total equity	24,849	22,256	2,593	11.7
Memorandum items:
Gross loans and advances to customers **	158,670	140,837	17,834	12.7
Customer funds	190,756	181,664	9,092	5.0
Customer deposits ***	129,873	122,905	6,969	5.7
Mutual funds	60,883	58,760	2,123	3.6
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
South America
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	2,888	3,029	3,157	3,395	3,158	3,266	3,413
Net fee income	958	1,032	1,030	1,099	1,053	1,123	1,174
Gains (losses) on financial transactions *	224	183	217	133	225	374	393
Other operating income	(75)	(84)	(84)	(133)	(61)	(186)	(320)
Total income	3,996	4,160	4,320	4,494	4,375	4,577	4,660
Administrative expenses and amortizations	(1,327)	(1,397)	(1,483)	(1,589)	(1,526)	(1,612)	(1,797)
Net operating income	2,669	2,762	2,838	2,905	2,849	2,965	2,863
Net loan-loss provisions	(794)	(917)	(989)	(990)	(1,057)	(1,301)	(1,275)
Other gains (losses) and provisions	(144)	(54)	(131)	(173)	(154)	(120)	(115)
Profit before tax	1,730	1,792	1,717	1,742	1,638	1,545	1,473
Tax on profit	(711)	(681)	(677)	(637)	(540)	(368)	(399)
Profit from continuing operations	1,020	1,111	1,039	1,105	1,098	1,177	1,074
Net profit from discontinued operations	-	-	-	-	-	-	(0)
Consolidated profit	1,020	1,111	1,039	1,105	1,098	1,177	1,074
Non-controlling interests	(142)	(150)	(148)	(156)	(158)	(165)	(143)
Underlying attributable profit to the parent	877	961	892	949	941	1,012	931
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	127,490	130,798	134,952	139,373	138,621	144,915	150,809
Cash, central banks and credit institutions	50,986	53,430	52,530	48,287	49,190	52,377	56,336
Debt instruments	56,242	53,828	58,827	59,124	59,051	60,907	59,346
Other financial assets	15,101	12,678	17,540	26,141	18,370	25,000	27,029
Other asset accounts	17,143	17,336	17,784	17,535	17,846	19,265	19,670
Total assets	266,962	268,071	281,633	290,460	283,079	302,464	313,190
Customer deposits	125,038	131,115	135,269	135,499	133,461	137,966	144,173
Central banks and credit institutions	52,094	47,487	51,446	50,246	44,524	49,008	47,483
Marketable debt securities	22,951	23,953	25,588	26,407	31,295	33,643	34,740
Other financial liabilities	35,961	33,684	38,036	45,660	40,494	47,091	49,998
Other liabilities accounts	8,597	9,811	9,037	9,680	10,175	11,166	11,947
Total liabilities	244,641	246,051	259,377	267,492	259,948	278,874	288,342
Total equity	22,321	22,020	22,256	22,968	23,131	23,590	24,849
Memorandum items:
Gross loans and advances to customers **	133,051	136,397	140,837	145,052	145,404	152,339	158,670
Customer funds	169,359	177,828	181,664	182,899	180,213	186,008	190,756
Customer deposits ***	114,451	121,108	122,905	123,999	121,115	126,997	129,873
Mutual funds	54,908	56,720	58,760	58,900	59,098	59,011	60,883
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Brazil_EUR

Brazil
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	6,672	5,776	896	15.5
Net fee income	2,412	2,027	385	19.0
Gains (losses) on financial transactions *	551	328	223	68.2
Other operating income	36	(52)	88	-
Total income	9,671	8,079	1,592	19.7
Administrative expenses and amortizations	(3,009)	(2,366)	(644)	27.2
Net operating income	6,661	5,713	948	16.6
Net loan-loss provisions	(3,165)	(1,980)	(1,186)	59.9
Other gains (losses) and provisions	(180)	(214)	34	(15.8)
Profit before tax	3,316	3,520	(204)	(5.8)
Tax on profit	(1,059)	(1,561)	502	(32.2)
Profit from continuing operations	2,257	1,959	298	15.2
Net profit from discontinued operations	(0)	-	(0)	-
Consolidated profit	2,257	1,959	298	15.2
Non-controlling interests	(230)	(201)	(29)	14.5
Underlying attributable profit to the parent	2,027	1,758	269	15.3
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	91,788	70,737	21,051	29.8
Cash, central banks and credit institutions	42,464	29,913	12,550	42.0
Debt instruments	39,873	38,036	1,838	4.8
Other financial assets	7,906	6,178	1,728	28.0
Other asset accounts	14,150	11,084	3,067	27.7
Total assets	196,182	155,948	40,234	25.8
Customer deposits	94,045	73,772	20,273	27.5
Central banks and credit institutions	26,145	27,772	(1,627)	(5.9)
Marketable debt securities	24,211	14,160	10,051	71.0
Other financial liabilities	29,301	22,303	6,997	31.4
Other liabilities accounts	6,203	5,126	1,078	21.0
Total liabilities	179,904	143,133	36,771	25.7
Total equity	16,277	12,815	3,463	27.0
Memorandum items:
Gross loans and advances to customers **	98,009	74,431	23,577	31.7
Customer funds	126,439	103,765	22,673	21.9
Customer deposits ***	79,909	63,422	16,486	26.0
Mutual funds	46,530	40,343	6,187	15.3
Ratios (%), operating means and customers
Underlying RoTE	20.65	21.59	(0.94 p.)
Efficiency ratio	31.1	29.3	1.8 p.
NPL ratio	6.63	4.72	1.91 p.
Coverage ratio	89.2	111.8	(22.6 p.)
Number of employees	53,699	47,877	5,822	12.2
Number of branches	2,903	2,941	(38)	(1.3)
Number of loyal customers (thousands)	8,592	7,508	1,083	14.4
Number of digital customers (thousands)	19,910	18,247	1,663	9.1
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Brazil
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,778	1,917	2,081	2,091	2,143	2,279	2,251
Net fee income	632	698	696	701	743	857	812
Gains (losses) on financial transactions *	127	78	122	48	90	245	215
Other operating income	(18)	(14)	(19)	(43)	43	(7)	(0)
Total income	2,519	2,680	2,880	2,797	3,019	3,374	3,278
Administrative expenses and amortizations	(723)	(779)	(864)	(870)	(930)	(1,022)	(1,058)
Net operating income	1,797	1,900	2,017	1,927	2,089	2,352	2,220
Net loan-loss provisions	(549)	(674)	(757)	(735)	(852)	(1,163)	(1,150)
Other gains (losses) and provisions	(96)	(28)	(89)	(103)	(114)	(43)	(23)
Profit before tax	1,152	1,198	1,170	1,090	1,123	1,146	1,047
Tax on profit	(529)	(515)	(517)	(465)	(423)	(327)	(308)
Profit from continuing operations	623	683	653	624	700	819	738
Net profit from discontinued operations	-	-	-	-	-	-	(0)
Consolidated profit	623	683	653	624	700	819	738
Non-controlling interests	(63)	(65)	(73)	(62)	(73)	(81)	(76)
Underlying attributable profit to the parent	560	617	580	562	627	737	662
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	63,935	73,684	70,737	73,085	86,194	85,642	91,788
Cash, central banks and credit institutions	31,083	32,634	29,913	28,400	36,053	37,700	42,464
Debt instruments	36,145	37,664	38,036	37,078	44,173	41,215	39,873
Other financial assets	6,059	5,958	6,178	10,129	8,064	8,344	7,906
Other asset accounts	10,254	11,728	11,084	10,755	13,092	13,387	14,150
Total assets	147,476	161,670	155,948	159,446	187,575	186,289	196,182
Customer deposits	66,801	76,611	73,772	74,475	87,451	86,561	94,045
Central banks and credit institutions	30,213	28,830	27,772	27,670	28,389	27,661	26,145
Marketable debt securities	11,514	13,558	14,160	13,737	22,013	22,359	24,211
Other financial liabilities	21,740	22,434	22,303	25,503	28,481	28,255	29,301
Other liabilities accounts	5,049	6,643	5,126	5,283	5,815	6,084	6,203
Total liabilities	135,317	148,075	143,133	146,667	172,149	170,920	179,904
Total equity	12,159	13,594	12,815	12,779	15,426	15,369	16,277
Memorandum items:
Gross loans and advances to customers **	67,170	77,341	74,431	76,569	91,440	91,266	98,009
Customer funds	94,340	109,299	103,765	105,095	122,533	121,810	126,439
Customer deposits ***	58,397	67,735	63,422	64,890	75,286	76,693	79,909
Mutual funds	35,944	41,563	40,343	40,205	47,248	45,118	46,530
Other information
NPL ratio	4.42	4.55	4.72	4.88	5.68	6.34	6.63
Coverage ratio	116.5	112.3	111.8	111.2	101.1	92.3	89.2
Cost of risk	3.79	3.51	3.60	3.73	3.94	4.26	4.46
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Brazil_EUR-KTES

Brazil
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	6,672	6,761	(89)	(1.3)
Net fee income	2,412	2,372	39	1.7
Gains (losses) on financial transactions *	551	383	167	43.7
Other operating income	36	(61)	97	-
Total income	9,671	9,456	214	2.3
Administrative expenses and amortizations	(3,009)	(2,769)	(240)	8.7
Net operating income	6,661	6,687	(26)	(0.4)
Net loan-loss provisions	(3,165)	(2,317)	(848)	36.6
Other gains (losses) and provisions	(180)	(250)	70	(28.1)
Profit before tax	3,316	4,120	(804)	(19.5)
Tax on profit	(1,059)	(1,828)	769	(42.1)
Profit from continuing operations	2,257	2,293	(35)	(1.5)
Net profit from discontinued operations	(0)	-	(0)	-
Consolidated profit	2,257	2,293	(36)	(1.6)
Non-controlling interests	(230)	(235)	5	(2.2)
Underlying attributable profit to the parent	2,027	2,057	(30)	(1.5)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	91,788	84,312	7,476	8.9
Cash, central banks and credit institutions	42,464	35,654	6,809	19.1
Debt instruments	39,873	45,336	(5,462)	(12.0)
Other financial assets	7,906	7,364	542	7.4
Other asset accounts	14,150	13,211	939	7.1
Total assets	196,182	185,877	10,304	5.5
Customer deposits	94,045	87,930	6,114	7.0
Central banks and credit institutions	26,145	33,102	(6,957)	(21.0)
Marketable debt securities	24,211	16,878	7,333	43.4
Other financial liabilities	29,301	26,584	2,717	10.2
Other liabilities accounts	6,203	6,109	94	1.5
Total liabilities	179,904	170,603	9,301	5.5
Total equity	16,277	15,274	1,003	6.6
Memorandum items:
Gross loans and advances to customers **	98,009	88,716	9,292	10.5
Customer funds	126,439	123,680	2,759	2.2
Customer deposits ***	79,909	75,594	4,314	5.7
Mutual funds	46,530	48,086	(1,556)	(3.2)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Brazil
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	2,156	2,245	2,359	2,454	2,303	2,190	2,180
Net fee income	766	818	788	823	798	827	786
Gains (losses) on financial transactions *	154	91	139	57	97	244	210
Other operating income	(22)	(17)	(22)	(50)	46	(10)	(1)
Total income	3,055	3,137	3,264	3,283	3,244	3,251	3,175
Administrative expenses and amortizations	(876)	(913)	(980)	(1,021)	(999)	(984)	(1,027)
Net operating income	2,179	2,225	2,284	2,262	2,245	2,268	2,148
Net loan-loss provisions	(665)	(791)	(861)	(863)	(915)	(1,132)	(1,118)
Other gains (losses) and provisions	(116)	(32)	(102)	(120)	(122)	(37)	(20)
Profit before tax	1,397	1,402	1,321	1,279	1,208	1,099	1,010
Tax on profit	(642)	(603)	(583)	(546)	(455)	(308)	(296)
Profit from continuing operations	755	800	738	733	753	791	714
Net profit from discontinued operations	-	-	-	-	-	-	(0)
Consolidated profit	755	800	738	733	753	791	714
Non-controlling interests	(76)	(76)	(83)	(73)	(78)	(78)	(74)
Underlying attributable profit to the parent	679	723	655	660	674	712	640
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	80,178	82,809	84,312	87,373	86,091	88,667	91,788
Cash, central banks and credit institutions	38,980	36,676	35,654	33,952	36,010	39,032	42,464
Debt instruments	45,328	42,329	45,336	44,326	44,121	42,671	39,873
Other financial assets	7,599	6,696	7,364	12,109	8,054	8,639	7,906
Other asset accounts	12,860	13,181	13,211	12,858	13,076	13,860	14,150
Total assets	184,944	181,690	185,877	190,618	187,352	192,868	196,182
Customer deposits	83,773	86,098	87,930	89,035	87,347	89,617	94,045
Central banks and credit institutions	37,889	32,400	33,102	33,079	28,355	28,638	26,145
Marketable debt securities	14,439	15,237	16,878	16,422	21,987	23,149	24,211
Other financial liabilities	27,263	25,212	26,584	30,488	28,448	29,253	29,301
Other liabilities accounts	6,332	7,465	6,109	6,316	5,808	6,299	6,203
Total liabilities	169,696	166,412	170,603	175,341	171,945	176,956	179,904
Total equity	15,248	15,278	15,274	15,277	15,408	15,912	16,277
Memorandum items:
Gross loans and advances to customers **	84,235	86,918	88,716	91,538	91,332	94,489	98,009
Customer funds	118,309	122,834	123,680	125,641	122,388	126,112	126,439
Customer deposits ***	73,233	76,123	75,594	77,576	75,196	79,401	79,909
Mutual funds	45,076	46,710	48,086	48,065	47,192	46,711	46,530
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Brazil_BRL

Brazil
BRL million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	36,297	36,780	(483)	(1.3)
Net fee income	13,118	12,905	214	1.7
Gains (losses) on financial transactions *	2,997	2,086	911	43.7
Other operating income	195	(330)	525	-
Total income	52,608	51,441	1,167	2.3
Administrative expenses and amortizations	(16,370)	(15,062)	(1,308)	8.7
Net operating income	36,237	36,379	(141)	(0.4)
Net loan-loss provisions	(17,219)	(12,604)	(4,615)	36.6
Other gains (losses) and provisions	(978)	(1,360)	381	(28.1)
Profit before tax	18,040	22,415	(4,374)	(19.5)
Tax on profit	(5,760)	(9,942)	4,181	(42.1)
Profit from continuing operations	12,280	12,473	(193)	(1.5)
Net profit from discontinued operations	(0)	-	(0)	-
Consolidated profit	12,280	12,473	(193)	(1.6)
Non-controlling interests	(1,253)	(1,281)	28	(2.2)
Underlying attributable profit to the parent	11,027	11,192	(165)	(1.5)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	485,185	445,670	39,516	8.9
Cash, central banks and credit institutions	224,460	188,466	35,994	19.1
Debt instruments	210,769	239,642	(28,873)	(12.0)
Other financial assets	41,793	38,927	2,866	7.4
Other asset accounts	74,798	69,832	4,965	7.1
Total assets	1,037,005	982,537	54,468	5.5
Customer deposits	497,115	464,795	32,320	7.0
Central banks and credit institutions	138,201	174,977	(36,776)	(21.0)
Marketable debt securities	127,977	89,214	38,763	43.4
Other financial liabilities	154,881	140,520	14,361	10.2
Other liabilities accounts	32,791	32,293	498	1.5
Total liabilities	950,964	901,798	49,166	5.5
Total equity	86,041	80,738	5,303	6.6
Memorandum items:
Gross loans and advances to customers **	518,068	468,949	49,119	10.5
Customer funds	668,347	653,765	14,583	2.2
Customer deposits ***	422,392	399,586	22,806	5.7
Mutual funds	245,955	254,179	(8,223)	(3.2)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Brazil
BRL million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	11,731	12,215	12,834	13,348	12,527	11,912	11,859
Net fee income	4,169	4,450	4,285	4,476	4,342	4,501	4,275
Gains (losses) on financial transactions *	837	493	755	308	528	1,326	1,143
Other operating income	(119)	(91)	(119)	(273)	253	(54)	(4)
Total income	16,618	17,067	17,755	17,859	17,650	17,685	17,273
Administrative expenses and amortizations	(4,767)	(4,966)	(5,330)	(5,554)	(5,435)	(5,350)	(5,585)
Net operating income	11,852	12,102	12,425	12,306	12,215	12,335	11,688
Net loan-loss provisions	(3,619)	(4,302)	(4,683)	(4,693)	(4,980)	(6,157)	(6,082)
Other gains (losses) and provisions	(633)	(172)	(555)	(655)	(666)	(201)	(111)
Profit before tax	7,599	7,628	7,187	6,958	6,569	5,976	5,495
Tax on profit	(3,490)	(3,278)	(3,174)	(2,972)	(2,474)	(1,675)	(1,611)
Profit from continuing operations	4,109	4,350	4,013	3,986	4,094	4,301	3,884
Net profit from discontinued operations	-	-	-	-	-	-	(0)
Consolidated profit	4,109	4,350	4,013	3,986	4,094	4,301	3,884
Non-controlling interests	(414)	(415)	(451)	(397)	(426)	(426)	(401)
Underlying attributable profit to the parent	3,695	3,935	3,562	3,589	3,668	3,876	3,483
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	423,817	437,723	445,670	461,847	455,075	468,687	485,185
Cash, central banks and credit institutions	206,046	193,865	188,466	179,470	190,346	206,319	224,460
Debt instruments	239,599	223,746	239,642	234,307	233,219	225,555	210,769
Other financial assets	40,166	35,395	38,927	64,008	42,574	45,666	41,793
Other asset accounts	67,975	69,672	69,832	67,966	69,121	73,263	74,798
Total assets	977,604	960,402	982,537	1,007,597	990,334	1,019,489	1,037,005
Customer deposits	442,819	455,107	464,795	470,633	461,711	473,712	497,115
Central banks and credit institutions	200,280	171,265	174,977	174,854	149,885	151,380	138,201
Marketable debt securities	76,323	80,540	89,214	86,808	116,221	122,363	127,977
Other financial liabilities	144,110	133,272	140,520	161,160	150,373	154,630	154,881
Other liabilities accounts	33,472	39,460	32,293	33,387	30,700	33,296	32,791
Total liabilities	897,003	879,644	901,798	926,843	908,890	935,380	950,964
Total equity	80,601	80,758	80,738	80,755	81,444	84,109	86,041
Memorandum items:
Gross loans and advances to customers **	445,261	459,444	468,949	483,867	482,775	499,465	518,068
Customer funds	625,373	649,291	653,765	664,131	646,936	666,620	668,347
Customer deposits ***	387,105	402,382	399,586	410,064	397,484	419,708	422,392
Mutual funds	238,268	246,909	254,179	254,067	249,452	246,912	245,955
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Chile_EUR

Chile
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,440	1,475	(35)	(2.4)
Net fee income	341	294	47	15.9
Gains (losses) on financial transactions *	179	110	69	62.9
Other operating income	(26)	(45)	20	(43.3)
Total income	1,934	1,833	101	5.5
Administrative expenses and amortizations	(737)	(710)	(28)	3.9
Net operating income	1,197	1,124	73	6.5
Net loan-loss provisions	(290)	(266)	(25)	9.3
Other gains (losses) and provisions	(17)	(2)	(15)	766.5
Profit before tax	889	856	33	3.9
Tax on profit	(103)	(183)	80	(43.9)
Profit from continuing operations	787	673	114	16.9
Net profit from discontinued operations	-	-	-	-
Consolidated profit	787	673	114	16.9
Non-controlling interests	(235)	(211)	(25)	11.6
Underlying attributable profit to the parent	551	462	89	19.3
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	42,193	37,851	4,342	11.5
Cash, central banks and credit institutions	7,976	9,573	(1,597)	(16.7)
Debt instruments	11,397	9,682	1,715	17.7
Other financial assets	18,781	9,901	8,881	89.7
Other asset accounts	3,478	3,011	467	15.5
Total assets	83,825	70,017	13,808	19.7
Customer deposits	29,493	31,509	(2,016)	(6.4)
Central banks and credit institutions	15,327	12,904	2,423	18.8
Marketable debt securities	9,842	8,323	1,519	18.3
Other financial liabilities	19,408	10,683	8,725	81.7
Other liabilities accounts	4,706	2,230	2,476	111.1
Total liabilities	78,776	65,648	13,128	20.0
Total equity	5,049	4,369	680	15.6
Memorandum items:
Gross loans and advances to customers **	43,413	38,927	4,486	11.5
Customer funds	38,416	40,165	(1,749)	(4.4)
Customer deposits ***	29,381	31,480	(2,099)	(6.7)
Mutual funds	9,035	8,684	351	4.0
Ratios (%), operating means and customers
Underlying RoTE	21.56	18.44	3.12 p.
Efficiency ratio	38.1	38.7	(0.6 p.)
NPL ratio	4.63	4.36	0.27 p.
Coverage ratio	60.3	64.1	(3.8 p.)
Number of employees	9,798	10,570	(772)	(7.3)
Number of branches	301	332	(31)	(9.3)
Number of loyal customers (thousands)	847	807	40	5.0
Number of digital customers (thousands)	1,994	1,934	61	3.1
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Chile
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	497	511	467	508	483	554	402
Net fee income	95	96	104	100	112	110	120
Gains (losses) on financial transactions *	32	48	29	21	65	49	64
Other operating income	(10)	(18)	(17)	(7)	(10)	(7)	(9)
Total income	614	637	582	622	650	707	577
Administrative expenses and amortizations	(236)	(245)	(229)	(233)	(234)	(255)	(248)
Net operating income	378	392	354	389	416	452	329
Net loan-loss provisions	(100)	(82)	(84)	(75)	(95)	(110)	(85)
Other gains (losses) and provisions	(1)	5	(5)	(14)	1	(19)	(0)
Profit before tax	277	315	265	300	322	323	244
Tax on profit	(55)	(69)	(59)	(47)	(55)	(31)	(17)
Profit from continuing operations	222	245	206	254	267	292	227
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	222	245	206	254	267	292	227
Non-controlling interests	(69)	(77)	(64)	(80)	(80)	(88)	(67)
Underlying attributable profit to the parent	152	168	142	174	188	204	160
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	40,760	39,922	37,851	37,849	41,930	39,247	42,193
Cash, central banks and credit institutions	6,265	11,748	9,573	6,773	7,828	7,310	7,976
Debt instruments	8,867	8,315	9,682	10,955	10,032	10,829	11,397
Other financial assets	8,158	6,293	9,901	13,469	10,973	15,450	18,781
Other asset accounts	3,105	2,883	3,011	2,942	3,103	3,401	3,478
Total assets	67,154	69,162	70,017	71,987	73,866	76,237	83,825
Customer deposits	30,435	33,316	31,509	29,525	31,375	28,014	29,493
Central banks and credit institutions	11,374	11,665	12,904	12,109	12,176	14,432	15,327
Marketable debt securities	9,280	9,083	8,323	9,264	9,481	9,445	9,842
Other financial liabilities	8,981	8,513	10,683	13,841	11,911	15,991	19,408
Other liabilities accounts	1,799	1,871	2,230	2,543	3,599	3,865	4,706
Total liabilities	61,869	64,448	65,648	67,283	68,542	71,746	78,776
Total equity	5,285	4,714	4,369	4,704	5,324	4,491	5,049
Memorandum items:
Gross loans and advances to customers **	42,049	41,125	38,927	38,930	43,153	40,389	43,413
Customer funds	39,626	42,312	40,165	37,847	39,453	34,989	38,416
Customer deposits ***	30,383	33,281	31,480	29,484	31,164	27,292	29,381
Mutual funds	9,243	9,031	8,684	8,363	8,289	7,697	9,035
Other information
NPL ratio	4.74	4.57	4.36	4.43	4.70	4.70	4.63
Coverage ratio	63.4	63.9	64.1	63.3	60.7	60.4	60.3
Cost of risk	1.33	1.07	0.89	0.85	0.83	0.89	0.87
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Chile_EUR-KTES

Chile
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,440	1,426	14	0.9
Net fee income	341	285	57	19.9
Gains (losses) on financial transactions *	179	106	73	68.4
Other operating income	(26)	(44)	18	(41.4)
Total income	1,934	1,773	161	9.1
Administrative expenses and amortizations	(737)	(687)	(51)	7.4
Net operating income	1,197	1,087	110	10.1
Net loan-loss provisions	(290)	(257)	(33)	13.0
Other gains (losses) and provisions	(17)	(2)	(15)	795.8
Profit before tax	889	828	61	7.4
Tax on profit	(103)	(177)	74	(42.0)
Profit from continuing operations	787	651	136	20.8
Net profit from discontinued operations	-	-	-	-
Consolidated profit	787	651	136	20.8
Non-controlling interests	(235)	(204)	(31)	15.4
Underlying attributable profit to the parent	551	447	104	23.3
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	42,193	37,919	4,274	11.3
Cash, central banks and credit institutions	7,976	9,590	(1,614)	(16.8)
Debt instruments	11,397	9,699	1,698	17.5
Other financial assets	18,781	9,919	8,863	89.4
Other asset accounts	3,478	3,017	461	15.3
Total assets	83,825	70,143	13,682	19.5
Customer deposits	29,493	31,565	(2,072)	(6.6)
Central banks and credit institutions	15,327	12,927	2,400	18.6
Marketable debt securities	9,842	8,338	1,504	18.0
Other financial liabilities	19,408	10,702	8,706	81.3
Other liabilities accounts	4,706	2,234	2,472	110.7
Total liabilities	78,776	65,766	13,010	19.8
Total equity	5,049	4,377	672	15.4
Memorandum items:
Gross loans and advances to customers **	43,413	38,997	4,416	11.3
Customer funds	38,416	40,237	(1,821)	(4.5)
Customer deposits ***	29,381	31,537	(2,156)	(6.8)
Mutual funds	9,035	8,700	335	3.8
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Chile
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	475	484	467	524	480	547	413
Net fee income	91	91	103	103	111	108	122
Gains (losses) on financial transactions *	31	46	29	23	65	49	65
Other operating income	(10)	(17)	(17)	(8)	(10)	(7)	(9)
Total income	587	603	583	642	646	698	591
Administrative expenses and amortizations	(226)	(232)	(229)	(241)	(233)	(252)	(253)
Net operating income	362	371	354	401	413	446	338
Net loan-loss provisions	(96)	(77)	(84)	(78)	(94)	(109)	(87)
Other gains (losses) and provisions	(1)	4	(5)	(13)	1	(18)	(0)
Profit before tax	265	298	265	310	320	319	250
Tax on profit	(53)	(66)	(59)	(49)	(55)	(30)	(18)
Profit from continuing operations	212	233	207	261	266	288	233
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	212	233	207	261	266	288	233
Non-controlling interests	(66)	(73)	(65)	(82)	(79)	(87)	(69)
Underlying attributable profit to the parent	146	160	142	178	186	201	164
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	36,602	36,682	37,919	38,860	39,018	40,922	42,193
Cash, central banks and credit institutions	5,626	10,795	9,590	6,954	7,284	7,622	7,976
Debt instruments	7,963	7,640	9,699	11,247	9,335	11,291	11,397
Other financial assets	7,325	5,782	9,919	13,829	10,211	16,109	18,781
Other asset accounts	2,788	2,649	3,017	3,020	2,887	3,546	3,478
Total assets	60,304	63,548	70,143	73,911	68,736	79,491	83,825
Customer deposits	27,331	30,612	31,565	30,313	29,196	29,210	29,493
Central banks and credit institutions	10,214	10,718	12,927	12,433	11,331	15,048	15,327
Marketable debt securities	8,333	8,346	8,338	9,512	8,822	9,848	9,842
Other financial liabilities	8,065	7,822	10,702	14,211	11,084	16,673	19,408
Other liabilities accounts	1,615	1,719	2,234	2,611	3,349	4,030	4,706
Total liabilities	55,558	59,217	65,766	69,081	63,782	74,808	78,776
Total equity	4,746	4,331	4,377	4,830	4,954	4,682	5,049
Memorandum items:
Gross loans and advances to customers **	37,759	37,787	38,997	39,970	40,156	42,113	43,413
Customer funds	35,584	38,878	40,237	38,859	36,713	36,483	38,416
Customer deposits ***	27,284	30,580	31,537	30,272	29,000	28,457	29,381
Mutual funds	8,300	8,298	8,700	8,587	7,714	8,025	9,035
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Chile_CLP

Chile
CLP million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,313,065	1,300,747	12,318	0.9
Net fee income	311,118	259,567	51,551	19.9
Gains (losses) on financial transactions *	162,967	96,755	66,212	68.4
Other operating income	(23,377)	(39,893)	16,516	(41.4)
Total income	1,763,773	1,617,176	146,596	9.1
Administrative expenses and amortizations	(672,366)	(626,062)	(46,304)	7.4
Net operating income	1,091,406	991,114	100,292	10.1
Net loan-loss provisions	(264,766)	(234,254)	(30,512)	13.0
Other gains (losses) and provisions	(15,670)	(1,749)	(13,920)	795.8
Profit before tax	810,971	755,111	55,860	7.4
Tax on profit	(93,531)	(161,384)	67,853	(42.0)
Profit from continuing operations	717,440	593,727	123,713	20.8
Net profit from discontinued operations	-	-	-	-
Consolidated profit	717,440	593,727	123,713	20.8
Non-controlling interests	(214,647)	(185,972)	(28,675)	15.4
Underlying attributable profit to the parent	502,793	407,756	95,038	23.3
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	39,635,911	35,621,351	4,014,561	11.3
Cash, central banks and credit institutions	7,492,619	9,008,626	(1,516,007)	(16.8)
Debt instruments	10,706,544	9,111,422	1,595,123	17.5
Other financial assets	17,643,178	9,317,519	8,325,659	89.4
Other asset accounts	3,267,254	2,833,721	433,533	15.3
Total assets	78,745,506	65,892,638	12,852,868	19.5
Customer deposits	27,705,894	29,652,673	(1,946,778)	(6.6)
Central banks and credit institutions	14,397,852	12,143,501	2,254,351	18.6
Marketable debt securities	9,245,938	7,832,941	1,412,997	18.0
Other financial liabilities	18,232,138	10,053,646	8,178,492	81.3
Other liabilities accounts	4,420,790	2,098,293	2,322,497	110.7
Total liabilities	74,002,613	61,781,054	12,221,559	19.8
Total equity	4,742,894	4,111,585	631,309	15.4
Memorandum items:
Gross loans and advances to customers **	40,782,124	36,634,031	4,148,093	11.3
Customer funds	36,087,835	37,798,612	(1,710,777)	(4.5)
Customer deposits ***	27,600,519	29,625,925	(2,025,406)	(6.8)
Mutual funds	8,487,316	8,172,687	314,629	3.8
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Chile
CLP million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	433,496	441,440	425,810	477,726	437,644	498,964	376,457
Net fee income	82,698	82,631	94,239	94,052	101,410	98,614	111,094
Gains (losses) on financial transactions *	28,201	41,769	26,785	20,578	58,823	44,446	59,698
Other operating income	(8,722)	(15,538)	(15,633)	(6,906)	(9,050)	(5,991)	(8,336)
Total income	535,673	550,302	531,201	585,451	588,826	636,034	538,913
Administrative expenses and amortizations	(205,743)	(211,816)	(208,503)	(219,346)	(212,156)	(229,397)	(230,813)
Net operating income	329,930	338,486	322,698	366,105	376,671	406,636	308,100
Net loan-loss provisions	(87,495)	(70,398)	(76,361)	(71,581)	(85,876)	(99,311)	(79,579)
Other gains (losses) and provisions	(1,155)	4,015	(4,609)	(12,242)	1,288	(16,704)	(254)
Profit before tax	241,279	272,103	241,729	282,282	292,083	290,621	228,267
Tax on profit	(47,981)	(60,029)	(53,374)	(44,624)	(49,806)	(27,658)	(16,067)
Profit from continuing operations	193,299	212,074	188,354	237,659	242,277	262,963	212,199
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	193,299	212,074	188,354	237,659	242,277	262,963	212,199
Non-controlling interests	(60,449)	(66,592)	(58,932)	(74,925)	(72,309)	(79,606)	(62,732)
Underlying attributable profit to the parent	132,850	145,483	129,423	162,734	169,969	183,357	149,468
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	34,384,326	34,459,475	35,621,351	36,505,084	36,653,580	38,442,481	39,635,911
Cash, central banks and credit institutions	5,284,687	10,140,661	9,008,626	6,532,504	6,842,628	7,160,415	7,492,619
Debt instruments	7,480,101	7,177,183	9,111,422	10,565,756	8,769,324	10,606,601	10,706,544
Other financial assets	6,881,473	5,431,504	9,317,519	12,991,314	9,592,462	15,133,237	17,643,178
Other asset accounts	2,618,905	2,488,715	2,833,721	2,837,249	2,712,444	3,331,077	3,267,254
Total assets	56,649,493	59,697,537	65,892,638	69,431,906	64,570,438	74,673,810	78,745,506
Customer deposits	25,674,496	28,757,426	29,652,673	28,476,563	27,426,563	27,439,706	27,705,894
Central banks and credit institutions	9,594,998	10,068,477	12,143,501	11,679,593	10,644,154	14,135,695	14,397,852
Marketable debt securities	7,828,304	7,840,095	7,832,941	8,935,617	8,287,644	9,250,871	9,245,938
Other financial liabilities	7,575,925	7,348,050	10,053,646	13,349,740	10,412,326	15,662,894	18,232,138
Other liabilities accounts	1,517,468	1,614,785	2,098,293	2,453,115	3,146,074	3,785,951	4,420,790
Total liabilities	52,191,191	55,628,834	61,781,054	64,894,628	59,916,761	70,275,117	74,002,613
Total equity	4,458,303	4,068,704	4,111,585	4,537,278	4,653,677	4,398,694	4,742,894
Memorandum items:
Gross loans and advances to customers **	35,471,107	35,497,361	36,634,031	37,548,223	37,722,327	39,561,131	40,782,124
Customer funds	33,427,696	36,521,929	37,798,612	36,503,785	34,488,561	34,271,815	36,087,835
Customer deposits ***	25,630,481	28,726,768	29,625,925	28,437,317	27,242,315	26,732,657	27,600,519
Mutual funds	7,797,215	7,795,161	8,172,687	8,066,467	7,246,246	7,539,158	8,487,316
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Argentina_EUR

Argentina
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,347	704	643	91.4
Net fee income	445	272	173	63.8
Gains (losses) on financial transactions *	193	108	85	78.9
Other operating income	(573)	(159)	(414)	260.4
Total income	1,413	925	488	52.8
Administrative expenses and amortizations	(809)	(554)	(256)	46.2
Net operating income	604	371	233	62.6
Net loan-loss provisions	(106)	(88)	(18)	20.0
Other gains (losses) and provisions	(186)	(94)	(92)	97.9
Profit before tax	312	189	123	65.0
Tax on profit	(78)	(10)	(68)	671.5
Profit from continuing operations	234	179	55	30.8
Net profit from discontinued operations	-	-	-	-
Consolidated profit	234	179	55	30.8
Non-controlling interests	(1)	(1)	1	(50.7)
Underlying attributable profit to the parent	234	178	56	31.4
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	6,317	4,652	1,665	35.8
Cash, central banks and credit institutions	3,024	4,101	(1,078)	(26.3)
Debt instruments	5,355	2,394	2,961	123.7
Other financial assets	60	79	(20)	(25.0)
Other asset accounts	1,136	865	271	31.3
Total assets	15,891	12,092	3,800	31.4
Customer deposits	11,202	8,860	2,343	26.4
Central banks and credit institutions	995	837	158	18.9
Marketable debt securities	164	63	102	161.4
Other financial liabilities	922	762	160	21.0
Other liabilities accounts	495	356	139	39.0
Total liabilities	13,779	10,878	2,902	26.7
Total equity	2,112	1,214	898	74.0
Memorandum items:
Gross loans and advances to customers **	6,539	4,928	1,611	32.7
Customer funds	15,456	11,285	4,171	37.0
Customer deposits ***	11,202	8,860	2,343	26.4
Mutual funds	4,253	2,425	1,828	75.4
Ratios (%), operating means and customers
Underlying RoTE	21.82	25.01	(3.20 p.)
Efficiency ratio	57.3	59.8	(2.6 p.)
NPL ratio	2.13	3.85	(1.72 p.)
Coverage ratio	179.0	149.3	29.7 p.
Number of employees	8,452	8,715	(263)	(3.0)
Number of branches	403	408	(5)	(1.2)
Number of loyal customers (thousands)	1,659	1,604	54	3.4
Number of digital customers (thousands)	2,837	2,713	124	4.6
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Argentina
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	203	234	267	361	300	432	616
Net fee income	74	87	110	149	121	143	182
Gains (losses) on financial transactions *	32	34	43	39	52	63	79
Other operating income	(47)	(56)	(56)	(86)	(109)	(180)	(284)
Total income	261	300	364	463	364	458	592
Administrative expenses and amortizations	(171)	(179)	(204)	(252)	(217)	(260)	(333)
Net operating income	91	121	160	211	147	198	259
Net loan-loss provisions	(14)	(35)	(40)	(52)	(39)	(33)	(34)
Other gains (losses) and provisions	(34)	(31)	(29)	(42)	(38)	(67)	(81)
Profit before tax	42	55	91	117	71	97	144
Tax on profit	2	7	(19)	(24)	(11)	(11)	(56)
Profit from continuing operations	45	62	72	93	60	86	88
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	45	62	72	93	60	86	88
Non-controlling interests	(0)	(0)	(0)	(1)	(0)	(0)	(0)
Underlying attributable profit to the parent	44	62	72	92	59	86	88
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	4,310	4,457	4,652	5,173	5,481	6,098	6,317
Cash, central banks and credit institutions	3,647	3,207	4,101	5,243	2,779	3,615	3,024
Debt instruments	1,611	2,188	2,394	1,358	4,312	4,511	5,355
Other financial assets	65	77	79	92	30	35	60
Other asset accounts	827	835	865	966	1,042	1,062	1,136
Total assets	10,459	10,765	12,092	12,832	13,644	15,320	15,891
Customer deposits	7,518	7,787	8,860	9,170	9,893	11,279	11,202
Central banks and credit institutions	822	826	837	649	523	719	995
Marketable debt securities	67	63	63	204	182	156	164
Other financial liabilities	696	675	762	1,013	927	956	922
Other liabilities accounts	324	313	356	443	585	400	495
Total liabilities	9,427	9,664	10,878	11,479	12,109	13,510	13,779
Total equity	1,032	1,101	1,214	1,353	1,535	1,810	2,112
Memorandum items:
Gross loans and advances to customers **	4,544	4,713	4,928	5,454	5,747	6,336	6,539
Customer funds	9,499	9,896	11,285	11,891	13,364	14,822	15,456
Customer deposits ***	7,518	7,787	8,860	9,170	9,893	11,279	11,202
Mutual funds	1,981	2,109	2,425	2,721	3,471	3,543	4,253
Other information
NPL ratio	2.32	3.34	3.85	3.61	3.21	2.48	2.13
Coverage ratio	232.4	167.6	149.3	153.8	161.7	171.1	179.0
Cost of risk	4.55	3.94	3.51	3.01	3.31	3.07	2.88
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Argentina_EUR-KTES

Argentina
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	1,347	558	790	141.6
Net fee income	445	215	230	106.8
Gains (losses) on financial transactions *	193	86	108	125.9
Other operating income	(573)	(126)	(447)	354.9
Total income	1,413	733	681	92.9
Administrative expenses and amortizations	(809)	(439)	(371)	84.6
Net operating income	604	294	310	105.3
Net loan-loss provisions	(106)	(70)	(36)	51.5
Other gains (losses) and provisions	(186)	(74)	(112)	149.8
Profit before tax	312	150	162	108.2
Tax on profit	(78)	(8)	(70)	873.9
Profit from continuing operations	234	142	92	65.1
Net profit from discontinued operations	-	-	-	-
Consolidated profit	234	142	92	65.1
Non-controlling interests	(1)	(1)	0	(37.8)
Underlying attributable profit to the parent	234	141	93	65.8
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	6,317	3,685	2,632	71.4
Cash, central banks and credit institutions	3,024	3,249	(225)	(6.9)
Debt instruments	5,355	1,896	3,458	182.4
Other financial assets	60	63	(3)	(5.3)
Other asset accounts	1,136	685	451	65.8
Total assets	15,891	9,579	6,313	65.9
Customer deposits	11,202	7,018	4,184	59.6
Central banks and credit institutions	995	663	332	50.1
Marketable debt securities	164	50	115	229.9
Other financial liabilities	922	604	318	52.8
Other liabilities accounts	495	282	213	75.4
Total liabilities	13,779	8,617	5,162	59.9
Total equity	2,112	961	1,150	119.7
Memorandum items:
Gross loans and advances to customers **	6,539	3,904	2,635	67.5
Customer funds	15,456	8,939	6,516	72.9
Customer deposits ***	11,202	7,018	4,184	59.6
Mutual funds	4,253	1,921	2,332	121.4
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Argentina
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	152	192	214	299	256	407	685
Net fee income	55	72	89	123	103	136	207
Gains (losses) on financial transactions *	24	28	34	33	44	59	89
Other operating income	(35)	(45)	(45)	(71)	(93)	(169)	(311)
Total income	195	246	292	384	310	433	670
Administrative expenses and amortizations	(127)	(147)	(164)	(209)	(185)	(247)	(378)
Net operating income	68	99	128	175	126	186	292
Net loan-loss provisions	(10)	(28)	(32)	(43)	(33)	(32)	(41)
Other gains (losses) and provisions	(26)	(26)	(23)	(35)	(32)	(63)	(91)
Profit before tax	32	45	73	97	60	92	160
Tax on profit	2	5	(15)	(19)	(9)	(11)	(58)
Profit from continuing operations	33	50	58	77	51	81	102
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	33	50	58	77	51	81	102
Non-controlling interests	(0)	(0)	(0)	(1)	(0)	(0)	(0)
Underlying attributable profit to the parent	33	50	58	77	51	81	102
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	3,221	3,501	3,685	4,162	4,676	5,519	6,317
Cash, central banks and credit institutions	2,725	2,519	3,249	4,219	2,371	3,272	3,024
Debt instruments	1,204	1,719	1,896	1,092	3,679	4,083	5,355
Other financial assets	49	61	63	74	26	32	60
Other asset accounts	618	656	685	778	889	962	1,136
Total assets	7,816	8,456	9,579	10,325	11,641	13,867	15,891
Customer deposits	5,618	6,117	7,018	7,379	8,440	10,209	11,202
Central banks and credit institutions	614	648	663	522	446	650	995
Marketable debt securities	50	50	50	164	155	141	164
Other financial liabilities	520	530	604	815	791	866	922
Other liabilities accounts	242	246	282	357	499	362	495
Total liabilities	7,044	7,592	8,617	9,236	10,331	12,228	13,779
Total equity	771	865	961	1,089	1,310	1,638	2,112
Memorandum items:
Gross loans and advances to customers **	3,396	3,702	3,904	4,388	4,903	5,735	6,539
Customer funds	7,098	7,774	8,939	9,568	11,402	13,416	15,456
Customer deposits ***	5,618	6,117	7,018	7,379	8,440	10,209	11,202
Mutual funds	1,480	1,657	1,921	2,190	2,961	3,207	4,253
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Argentina_ARS

Argentina
ARS million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	194,750	80,614	114,135	141.6
Net fee income	64,356	31,120	33,235	106.8
Gains (losses) on financial transactions *	27,950	12,375	15,575	125.9
Other operating income	(82,770)	(18,195)	(64,576)	354.9
Total income	204,285	105,915	98,370	92.9
Administrative expenses and amortizations	(116,980)	(63,386)	(53,594)	84.6
Net operating income	87,305	42,529	44,776	105.3
Net loan-loss provisions	(15,315)	(10,109)	(5,206)	51.5
Other gains (losses) and provisions	(26,898)	(10,767)	(16,131)	149.8
Profit before tax	45,092	21,653	23,439	108.2
Tax on profit	(11,241)	(1,154)	(10,087)	873.9
Profit from continuing operations	33,850	20,499	13,351	65.1
Net profit from discontinued operations	-	-	-	-
Consolidated profit	33,850	20,499	13,351	65.1
Non-controlling interests	(83)	(134)	51	(37.8)
Underlying attributable profit to the parent	33,767	20,365	13,402	65.8
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	913,070	532,629	380,441	71.4
Cash, central banks and credit institutions	437,069	469,617	(32,548)	(6.9)
Debt instruments	774,000	274,115	499,885	182.4
Other financial assets	8,623	9,103	(479)	(5.3)
Other asset accounts	164,146	99,017	65,129	65.8
Total assets	2,296,908	1,384,481	912,427	65.9
Customer deposits	1,619,178	1,014,429	604,749	59.6
Central banks and credit institutions	143,838	95,816	48,023	50.1
Marketable debt securities	23,771	7,205	16,567	229.9
Other financial liabilities	133,290	87,260	46,030	52.8
Other liabilities accounts	71,573	40,802	30,771	75.4
Total liabilities	1,991,651	1,245,512	746,139	59.9
Total equity	305,257	138,969	166,288	119.7
Memorandum items:
Gross loans and advances to customers **	945,126	564,246	380,880	67.5
Customer funds	2,233,918	1,292,087	941,831	72.9
Customer deposits ***	1,619,178	1,014,429	604,749	59.6
Mutual funds	614,740	277,658	337,082	121.4
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Argentina
ARS million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	21,907	27,724	30,984	43,242	36,978	58,765	99,007
Net fee income	7,977	10,342	12,802	17,770	14,875	19,625	29,856
Gains (losses) on financial transactions *	3,444	3,995	4,936	4,737	6,420	8,595	12,935
Other operating income	(5,130)	(6,570)	(6,494)	(10,258)	(13,419)	(24,368)	(44,983)
Total income	28,197	35,490	42,227	55,491	44,854	62,616	96,815
Administrative expenses and amortizations	(18,420)	(21,246)	(23,720)	(30,259)	(26,714)	(35,664)	(54,603)
Net operating income	9,777	14,245	18,507	25,232	18,140	26,952	42,213
Net loan-loss provisions	(1,503)	(4,003)	(4,603)	(6,219)	(4,791)	(4,601)	(5,922)
Other gains (losses) and provisions	(3,691)	(3,717)	(3,358)	(5,064)	(4,654)	(9,093)	(13,151)
Profit before tax	4,582	6,524	10,546	13,949	8,695	13,258	23,139
Tax on profit	246	763	(2,163)	(2,798)	(1,343)	(1,534)	(8,365)
Profit from continuing operations	4,828	7,288	8,383	11,151	7,352	11,724	14,774
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	4,828	7,288	8,383	11,151	7,352	11,724	14,774
Non-controlling interests	(30)	(48)	(56)	(76)	(26)	(26)	(31)
Underlying attributable profit to the parent	4,798	7,240	8,327	11,075	7,326	11,698	14,743
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	465,524	506,081	532,629	601,638	675,868	797,711	913,070
Cash, central banks and credit institutions	393,879	364,141	469,617	609,770	342,686	472,878	437,069
Debt instruments	173,957	248,403	274,115	157,883	531,760	590,125	774,000
Other financial assets	7,029	8,775	9,103	10,706	3,722	4,565	8,623
Other asset accounts	89,280	94,841	99,017	112,383	128,472	138,976	164,146
Total assets	1,129,669	1,222,241	1,384,481	1,492,381	1,682,508	2,004,255	2,296,908
Customer deposits	811,963	884,131	1,014,429	1,066,512	1,219,961	1,475,612	1,619,178
Central banks and credit institutions	88,805	93,730	95,816	75,437	64,492	94,002	143,838
Marketable debt securities	7,198	7,200	7,205	23,732	22,394	20,430	23,771
Other financial liabilities	75,219	76,642	87,260	117,773	114,266	125,117	133,290
Other liabilities accounts	34,986	35,576	40,802	51,548	72,119	52,275	71,573
Total liabilities	1,018,171	1,097,279	1,245,512	1,335,002	1,493,233	1,767,435	1,991,651
Total equity	111,498	124,962	138,969	157,379	189,276	236,820	305,257
Memorandum items:
Gross loans and advances to customers **	490,797	535,121	564,246	634,276	708,643	828,936	945,126
Customer funds	1,025,880	1,123,632	1,292,087	1,382,986	1,647,970	1,939,089	2,233,918
Customer deposits ***	811,963	884,131	1,014,429	1,066,512	1,219,961	1,475,612	1,619,178
Mutual funds	213,917	239,502	277,658	316,474	428,009	463,477	614,740
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Other_South_America_EUR

Other South America
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	378	287	91	31.6
Net fee income	152	133	19	14.4
Gains (losses) on financial transactions *	69	44	26	58.3
Other operating income	(5)	(11)	7	(58.7)
Total income	594	452	142	31.4
Administrative expenses and amortizations	(379)	(287)	(93)	32.4
Net operating income	215	166	49	29.7
Net loan-loss provisions	(71)	(50)	(21)	41.8
Other gains (losses) and provisions	(6)	(3)	(3)	117.7
Profit before tax	138	113	25	22.3
Tax on profit	(67)	(49)	(18)	36.0
Profit from continuing operations	71	64	7	11.7
Net profit from discontinued operations	-	-	-	-
Consolidated profit	71	64	7	11.7
Non-controlling interests	1	0	0	63.2
Underlying attributable profit to the parent	72	64	8	12.0
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	10,512	7,893	2,618	33.2
Cash, central banks and credit institutions	2,873	3,423	(550)	(16.1)
Debt instruments	2,721	1,618	1,102	68.1
Other financial assets	281	168	114	68.0
Other asset accounts	906	817	89	10.8
Total assets	17,292	13,919	3,373	24.2
Customer deposits	9,433	7,329	2,103	28.7
Central banks and credit institutions	5,016	4,365	652	14.9
Marketable debt securities	523	264	258	97.9
Other financial liabilities	367	133	235	177.3
Other liabilities accounts	543	354	188	53.2
Total liabilities	15,882	12,445	3,437	27.6
Total equity	1,411	1,475	(64)	(4.3)
Memorandum items:
Gross loans and advances to customers **	10,710	8,048	2,662	33.1
Customer funds	10,446	7,373	3,073	41.7
Customer deposits ***	9,382	7,329	2,052	28.0
Mutual funds	1,065	44	1,021	-
Operating data
Number of employees	4,079	2,799	1,280	45.7
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Other South America
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	92	93	102	105	111	125	142
Net fee income	41	46	45	46	38	52	62
Gains (losses) on financial transactions *	14	17	13	19	18	23	28
Other operating income	(7)	(5)	1	(4)	(5)	(1)	1
Total income	140	152	160	166	162	199	233
Administrative expenses and amortizations	(90)	(96)	(101)	(110)	(104)	(132)	(144)
Net operating income	51	56	59	55	59	67	89
Net loan-loss provisions	(20)	(19)	(11)	(4)	(13)	(28)	(30)
Other gains (losses) and provisions	(1)	(1)	(1)	(4)	(1)	(1)	(3)
Profit before tax	30	37	47	47	45	37	56
Tax on profit	(16)	(16)	(18)	(20)	(20)	(19)	(28)
Profit from continuing operations	13	21	29	27	25	18	28
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	13	21	29	27	25	18	28
Non-controlling interests	0	0	0	(1)	0	1	(0)
Underlying attributable profit to the parent	14	21	29	27	25	19	28
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	6,571	6,720	7,893	7,813	8,456	9,780	10,512
Cash, central banks and credit institutions	3,055	2,852	3,423	2,718	3,270	2,436	2,873
Debt instruments	1,439	1,782	1,618	2,061	1,782	2,823	2,721
Other financial assets	121	127	168	119	77	220	281
Other asset accounts	828	797	817	828	962	895	906
Total assets	12,013	12,278	13,919	13,539	14,547	16,154	17,292
Customer deposits	6,837	6,786	7,329	7,331	7,811	8,836	9,433
Central banks and credit institutions	3,214	3,421	4,365	3,886	4,400	4,706	5,016
Marketable debt securities	114	261	264	255	301	497	523
Other financial liabilities	103	109	133	134	165	299	367
Other liabilities accounts	348	322	354	340	485	470	543
Total liabilities	10,616	10,898	12,445	11,946	13,161	14,807	15,882
Total equity	1,397	1,379	1,475	1,593	1,385	1,347	1,411
Memorandum items:
Gross loans and advances to customers **	6,715	6,874	8,048	7,963	8,623	9,973	10,710
Customer funds	6,878	6,829	7,373	7,378	8,914	9,885	10,446
Customer deposits ***	6,837	6,786	7,329	7,331	7,811	8,836	9,382
Mutual funds	41	43	44	48	1,103	1,049	1,065
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Other_South_America_EUR-KTES

Other South America
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	378	328	50	15.1
Net fee income	152	148	4	2.4
Gains (losses) on financial transactions *	69	49	20	41.7
Other operating income	(5)	(12)	8	(62.6)
Total income	594	513	81	15.9
Administrative expenses and amortizations	(379)	(313)	(67)	21.3
Net operating income	215	200	15	7.3
Net loan-loss provisions	(71)	(57)	(14)	25.2
Other gains (losses) and provisions	(6)	(3)	(3)	95.1
Profit before tax	138	141	(2)	(1.7)
Tax on profit	(67)	(56)	(10)	18.5
Profit from continuing operations	71	84	(13)	(15.3)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	71	84	(13)	(15.3)
Non-controlling interests	1	0	0	58.3
Underlying attributable profit to the parent	72	84	(13)	(15.0)
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	10,512	9,036	1,476	16.3
Cash, central banks and credit institutions	2,873	4,037	(1,164)	(28.8)
Debt instruments	2,721	1,895	825	43.5
Other financial assets	281	194	88	45.2
Other asset accounts	906	871	34	3.9
Total assets	17,292	16,034	1,259	7.8
Customer deposits	9,433	8,755	677	7.7
Central banks and credit institutions	5,016	4,754	262	5.5
Marketable debt securities	523	323	200	62.0
Other financial liabilities	367	146	221	151.7
Other liabilities accounts	543	412	131	31.7
Total liabilities	15,882	14,390	1,491	10.4
Total equity	1,411	1,643	(233)	(14.2)
Memorandum items:
Gross loans and advances to customers **	10,710	9,219	1,491	16.2
Customer funds	10,446	8,808	1,638	18.6
Customer deposits ***	9,382	8,755	626	7.2
Mutual funds	1,065	53	1,011	-
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Other South America
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	105	108	116	118	120	123	136
Net fee income	46	52	51	51	41	52	60
Gains (losses) on financial transactions *	15	19	14	21	19	22	28
Other operating income	(8)	(5)	0	(4)	(5)	(1)	1
Total income	158	173	182	185	175	196	224
Administrative expenses and amortizations	(98)	(105)	(110)	(119)	(109)	(130)	(140)
Net operating income	61	68	72	66	65	65	84
Net loan-loss provisions	(23)	(21)	(13)	(5)	(14)	(28)	(29)
Other gains (losses) and provisions	(1)	(1)	(1)	(4)	(1)	(1)	(3)
Profit before tax	37	46	58	57	50	36	52
Tax on profit	(18)	(18)	(21)	(22)	(21)	(19)	(27)
Profit from continuing operations	19	28	37	34	29	17	25
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	19	28	37	34	29	17	25
Non-controlling interests	0	0	0	(1)	0	1	(0)
Underlying attributable profit to the parent	19	28	37	34	29	18	25
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	7,489	7,806	9,036	8,978	8,836	9,807	10,512
Cash, central banks and credit institutions	3,656	3,440	4,037	3,162	3,526	2,451	2,873
Debt instruments	1,748	2,140	1,895	2,458	1,917	2,862	2,721
Other financial assets	128	140	194	129	79	220	281
Other asset accounts	878	850	871	880	994	898	906
Total assets	13,899	14,376	16,034	15,606	15,350	16,239	17,292
Customer deposits	8,316	8,288	8,755	8,772	8,478	8,930	9,433
Central banks and credit institutions	3,377	3,721	4,754	4,212	4,391	4,672	5,016
Marketable debt securities	129	321	323	309	331	506	523
Other financial liabilities	113	120	146	146	171	299	367
Other liabilities accounts	408	381	412	396	519	475	543
Total liabilities	12,343	12,830	14,390	13,834	13,891	14,882	15,882
Total equity	1,556	1,546	1,643	1,772	1,460	1,357	1,411
Memorandum items:
Gross loans and advances to customers **	7,661	7,989	9,219	9,155	9,014	10,002	10,710
Customer funds	8,368	8,343	8,808	8,831	9,710	9,998	10,446
Customer deposits ***	8,316	8,288	8,755	8,772	8,478	8,930	9,382
Mutual funds	52	54	53	59	1,232	1,068	1,065
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

DCB_EUR

Digital Consumer Bank
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	3,032	3,027	4	0.1
Net fee income	629	616	12	2.0
Gains (losses) on financial transactions *	23	7	17	250.4
Other operating income	204	144	60	41.3
Total income	3,887	3,795	93	2.4
Administrative expenses and amortizations	(1,853)	(1,805)	(48)	2.7
Net operating income	2,034	1,990	44	2.2
Net loan-loss provisions	(429)	(449)	20	(4.4)
Other gains (losses) and provisions	(24)	(119)	95	(80.0)
Profit before tax	1,581	1,422	159	11.2
Tax on profit	(379)	(344)	(35)	10.1
Profit from continuing operations	1,203	1,078	125	11.6
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,203	1,078	125	11.6
Non-controlling interests	(295)	(269)	(26)	9.6
Underlying attributable profit to the parent	908	809	99	12.2
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	118,092	111,667	6,425	5.8
Cash, central banks and credit institutions	12,978	18,337	(5,359)	(29.2)
Debt instruments	7,683	5,117	2,566	50.1
Other financial assets	198	46	152	332.3
Other asset accounts	7,962	6,700	1,262	18.8
Total assets	146,913	141,867	5,046	3.6
Customer deposits	57,306	54,396	2,910	5.4
Central banks and credit institutions	40,380	35,326	5,055	14.3
Marketable debt securities	30,245	34,259	(4,014)	(11.7)
Other financial liabilities	1,629	1,447	182	12.6
Other liabilities accounts	4,755	4,335	420	9.7
Total liabilities	134,316	129,762	4,553	3.5
Total equity	12,597	12,105	492	4.1
Memorandum items:
Gross loans and advances to customers **	120,598	114,420	6,178	5.4
Customer funds	59,527	56,628	2,899	5.1
Customer deposits ***	57,306	54,396	2,910	5.4
Mutual funds	2,221	2,232	(11)	(0.5)
Ratios (%), operating means and customers
Underlying RoTE	12.71	11.55	1.16 p.
Efficiency ratio	47.7	47.6	0.1 p.
NPL ratio	2.20	2.15	0.05 p.
Coverage ratio	95.6	112.8	(17.2 p.)
Number of employees	16,066	15,920	146	0.9
Number of branches	365	308	57	18.5
Number of total customers (thousands)	19,487	19,120	367	1.9
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Digital Consumer Bank
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	996	1,015	1,017	1,014	1,020	1,012	1,000
Net fee income	188	206	222	204	206	219	204
Gains (losses) on financial transactions *	8	1	(3)	2	0	18	5
Other operating income	51	20	73	84	86	12	106
Total income	1,244	1,242	1,309	1,304	1,312	1,261	1,315
Administrative expenses and amortizations	(600)	(613)	(591)	(600)	(645)	(603)	(605)
Net operating income	643	629	718	704	667	658	709
Net loan-loss provisions	(166)	(142)	(141)	(78)	(148)	(139)	(142)
Other gains (losses) and provisions	(31)	(45)	(43)	(74)	(17)	(11)	4
Profit before tax	446	442	534	551	502	508	572
Tax on profit	(117)	(113)	(114)	(120)	(111)	(122)	(146)
Profit from continuing operations	330	329	420	432	391	385	426
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	330	329	420	432	391	385	426
Non-controlling interests	(80)	(93)	(96)	(77)	(109)	(96)	(90)
Underlying attributable profit to the parent	249	236	324	355	282	290	336
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	112,816	112,738	111,667	113,936	114,198	116,796	118,092
Cash, central banks and credit institutions	16,905	17,242	18,337	21,804	17,623	14,484	12,978
Debt instruments	5,946	5,738	5,117	5,280	5,290	7,830	7,683
Other financial assets	39	41	46	47	100	134	198
Other asset accounts	6,381	6,481	6,700	6,937	7,335	7,627	7,962
Total assets	142,086	142,240	141,867	148,005	144,547	146,871	146,913
Customer deposits	53,324	54,041	54,396	55,327	56,907	57,556	57,306
Central banks and credit institutions	37,022	36,861	35,326	37,600	36,910	39,369	40,380
Marketable debt securities	33,696	33,740	34,259	36,710	32,000	31,043	30,245
Other financial liabilities	1,539	1,455	1,447	1,397	1,536	1,687	1,629
Other liabilities accounts	3,928	4,208	4,335	4,565	4,470	4,632	4,755
Total liabilities	129,509	130,305	129,762	135,598	131,823	134,286	134,316
Total equity	12,577	11,935	12,105	12,407	12,724	12,584	12,597
Memorandum items:
Gross loans and advances to customers **	115,663	115,526	114,420	116,580	116,798	119,348	120,598
Customer funds	54,103	56,190	56,628	57,824	59,291	59,765	59,527
Customer deposits ***	53,324	54,041	54,396	55,327	56,907	57,556	57,306
Mutual funds	779	2,149	2,232	2,497	2,384	2,209	2,221
Other information
NPL ratio	2.23	2.18	2.15	2.13	2.27	2.22	2.20
Coverage ratio	111.4	111.9	112.8	107.8	99.4	97.4	95.6
Cost of risk	0.69	0.64	0.57	0.46	0.44	0.44	0.43
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

DCB_EUR-KTES

Digital Consumer Bank
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	3,032	3,040	(8)	(0.3)
Net fee income	629	616	12	2.0
Gains (losses) on financial transactions *	23	7	17	250.6
Other operating income	204	149	55	36.9
Total income	3,887	3,812	76	2.0
Administrative expenses and amortizations	(1,853)	(1,809)	(44)	2.4
Net operating income	2,034	2,003	32	1.6
Net loan-loss provisions	(429)	(450)	21	(4.7)
Other gains (losses) and provisions	(24)	(118)	94	(79.8)
Profit before tax	1,581	1,434	147	10.3
Tax on profit	(379)	(345)	(33)	9.6
Profit from continuing operations	1,203	1,089	114	10.5
Net profit from discontinued operations	-	-	-	-
Consolidated profit	1,203	1,089	114	10.5
Non-controlling interests	(295)	(269)	(26)	9.5
Underlying attributable profit to the parent	908	819	89	10.8
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	118,092	110,575	7,517	6.8
Cash, central banks and credit institutions	12,978	18,178	(5,200)	(28.6)
Debt instruments	7,683	5,052	2,631	52.1
Other financial assets	198	45	152	336.6
Other asset accounts	7,962	6,663	1,299	19.5
Total assets	146,913	140,513	6,400	4.6
Customer deposits	57,306	53,886	3,420	6.3
Central banks and credit institutions	40,380	34,969	5,412	15.5
Marketable debt securities	30,245	33,991	(3,745)	(11.0)
Other financial liabilities	1,629	1,435	194	13.5
Other liabilities accounts	4,755	4,305	450	10.4
Total liabilities	134,316	128,585	5,730	4.5
Total equity	12,597	11,927	670	5.6
Memorandum items:
Gross loans and advances to customers **	120,598	113,288	7,310	6.5
Customer funds	59,527	56,118	3,409	6.1
Customer deposits ***	57,306	53,886	3,420	6.3
Mutual funds	2,221	2,232	(11)	(0.5)
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Digital Consumer Bank
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	1,002	1,016	1,022	1,013	1,017	1,012	1,002
Net fee income	188	206	222	204	206	219	204
Gains (losses) on financial transactions *	8	1	(3)	2	0	18	5
Other operating income	53	22	75	84	86	12	106
Total income	1,251	1,245	1,315	1,303	1,309	1,261	1,317
Administrative expenses and amortizations	(602)	(614)	(593)	(599)	(643)	(603)	(607)
Net operating income	649	631	723	704	666	659	710
Net loan-loss provisions	(167)	(142)	(142)	(78)	(148)	(139)	(142)
Other gains (losses) and provisions	(31)	(44)	(43)	(74)	(17)	(11)	4
Profit before tax	451	445	538	552	500	508	573
Tax on profit	(117)	(113)	(115)	(120)	(110)	(123)	(146)
Profit from continuing operations	334	332	423	432	390	386	427
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	334	332	423	432	390	386	427
Non-controlling interests	(80)	(94)	(96)	(77)	(109)	(96)	(91)
Underlying attributable profit to the parent	254	239	327	355	281	290	336
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	111,565	111,730	110,575	112,403	112,382	116,019	118,092
Cash, central banks and credit institutions	16,700	17,089	18,178	21,572	17,383	14,394	12,978
Debt instruments	5,895	5,677	5,052	5,193	5,222	7,796	7,683
Other financial assets	38	41	45	46	99	133	198
Other asset accounts	6,335	6,445	6,663	6,865	7,260	7,588	7,962
Total assets	140,533	140,982	140,513	146,079	142,345	145,931	146,913
Customer deposits	52,736	53,563	53,886	54,722	56,162	57,272	57,306
Central banks and credit institutions	36,582	36,540	34,969	36,923	36,191	39,003	40,380
Marketable debt securities	33,412	33,485	33,991	36,369	31,610	30,899	30,245
Other financial liabilities	1,525	1,443	1,435	1,380	1,518	1,679	1,629
Other liabilities accounts	3,898	4,180	4,305	4,524	4,428	4,612	4,755
Total liabilities	128,152	129,211	128,585	133,918	129,909	133,465	134,316
Total equity	12,381	11,771	11,927	12,162	12,436	12,466	12,597
Memorandum items:
Gross loans and advances to customers **	114,369	114,475	113,288	115,000	114,926	118,547	120,598
Customer funds	53,515	55,712	56,118	57,219	58,546	59,481	59,527
Customer deposits ***	52,736	53,563	53,886	54,722	56,162	57,272	57,306
Mutual funds	779	2,149	2,232	2,497	2,384	2,209	2,221
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Corporate_Centre

Corporate Centre
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	(510)	(459)	(51)	11.2
Net fee income	(3)	(15)	13	(82.2)
Gains (losses) on financial transactions *	(624)	(145)	(479)	330.5
Other operating income	(29)	(23)	(6)	24.9
Total income	(1,165)	(642)	(523)	81.5
Administrative expenses and amortizations	(272)	(249)	(23)	9.2
Net operating income	(1,437)	(891)	(546)	61.3
Net loan-loss provisions	(4)	(168)	165	(97.8)
Other gains (losses) and provisions	(117)	(108)	(9)	8.0
Profit before tax	(1,558)	(1,168)	(390)	33.4
Tax on profit	(25)	(63)	38	(59.9)
Profit from continuing operations	(1,583)	(1,231)	(352)	28.6
Net profit from discontinued operations	-	(0)	0	(100.0)
Consolidated profit	(1,583)	(1,231)	(352)	28.6
Non-controlling interests	(0)	(1)	1	(97.6)
Underlying attributable profit to the parent	(1,583)	(1,232)	(351)	28.5
Change
Sep-22	Sep-21	Absolute	%
Balance sheet
Loans and advances to customers	6,104	6,350	(246)	(3.9)
Cash, central banks and credit institutions	141,112	81,150	59,961	73.9
Debt instruments	8,194	1,423	6,770	475.6
Other financial assets	1	2,157	(2,156)	(100.0)
Other asset accounts	129,286	116,606	12,680	10.9
Total assets	284,696	207,687	77,009	37.1
Customer deposits	538	1,324	(785)	(59.3)
Central banks and credit institutions	83,271	45,798	37,473	81.8
Marketable debt securities	100,982	71,720	29,262	40.8
Other financial liabilities	1,491	1,495	(4)	(0.3)
Other liabilities accounts	10,483	7,197	3,286	45.7
Total liabilities	196,766	127,534	69,232	54.3
Total equity	87,931	80,154	7,777	9.7
Memorandum items:
Gross loans and advances to customers **	6,107	6,589	(483)	(7.3)
Customer funds	538	1,324	(786)	(59.3)
Customer deposits ***	538	1,324	(785)	(59.3)
Mutual funds	-	0	(0)	(100.0)
Operating data
Number of employees	1,857	1,710	147	8.6
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.
Corporate Centre
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	(133)	(164)	(162)	(165)	(172)	(181)	(157)
Net fee income	(5)	(8)	(2)	(12)	(3)	2	(2)
Gains (losses) on financial transactions *	(44)	(52)	(49)	5	(119)	(253)	(252)
Other operating income	3	(15)	(11)	(5)	(7)	(15)	(7)
Total income	(179)	(239)	(224)	(177)	(301)	(446)	(418)
Administrative expenses and amortizations	(79)	(81)	(89)	(97)	(87)	(92)	(93)
Net operating income	(258)	(319)	(314)	(274)	(388)	(538)	(511)
Net loan-loss provisions	(154)	(9)	(6)	13	(1)	(4)	2
Other gains (losses) and provisions	(33)	(33)	(43)	(82)	(48)	(34)	(35)
Profit before tax	(445)	(361)	(362)	(343)	(437)	(577)	(544)
Tax on profit	42	(47)	(58)	40	(25)	(1)	1
Profit from continuing operations	(402)	(409)	(420)	(303)	(462)	(577)	(543)
Net profit from discontinued operations	-	-	(0)	0	-	-	-
Consolidated profit	(402)	(409)	(420)	(303)	(462)	(577)	(543)
Non-controlling interests	0	(1)	(0)	(0)	0	(0)	(0)
Underlying attributable profit to the parent	(402)	(410)	(420)	(303)	(462)	(577)	(543)
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Balance sheet
Loans and advances to customers	6,632	5,832	6,350	6,787	6,901	7,087	6,104
Cash, central banks and credit institutions	89,695	71,908	81,150	88,918	87,582	108,644	141,112
Debt instruments	1,450	1,605	1,423	1,555	5,000	6,928	8,194
Other financial assets	2,005	2,016	2,157	2,203	2,261	522	1
Other asset accounts	119,024	118,374	116,606	116,007	132,306	129,429	129,286
Total assets	218,806	199,736	207,687	215,470	234,051	252,610	284,696
Customer deposits	974	1,017	1,324	1,042	1,193	928	538
Central banks and credit institutions	62,315	38,664	45,798	53,061	57,936	69,730	83,271
Marketable debt securities	64,354	69,217	71,720	74,302	75,134	84,309	100,982
Other financial liabilities	1,085	534	1,495	431	947	287	1,491
Other liabilities accounts	8,106	8,009	7,197	7,113	8,162	9,063	10,483
Total liabilities	136,834	117,441	127,534	135,950	143,371	164,317	196,766
Total equity	81,972	82,295	80,154	79,520	90,679	88,292	87,931
Memorandum items:
Gross loans and advances to customers **	6,972	6,138	6,589	6,813	6,962	7,172	6,107
Customer funds	992	1,021	1,324	1,042	1,193	928	538
Customer deposits ***	974	1,017	1,324	1,042	1,193	928	538
Mutual funds	18	4	0	-	-	-	-
(*).- Includes exchange differences.
(**).- Excluding reverse repos.
(***).- Excluding repos.

Index_SecondarySegments

SECONDARY SEGMENTS (quarterly data)
•	RETAIL BANKING - EUR …………………………………………………………………………………………………………….		Quarterly
•	RETAIL BANKING - Constant EUR …………………………………………………………………………………………….		Quarterly
•	CORPORATE & INVESTMENT BANKING - EUR …………………………………………………………………………………………….		Quarterly
•	CORPORATE & INVESTMENT BANKING - Constant EUR …………………………………………………………………………………………….		Quarterly
•	WEALTH MANAGEMENT & INSURANCE - EUR …………………………………………………………………………………………….		Quarterly
•	WEALTH MANAGEMENT & INSURANCE - Constant EUR …………………………………………………………………………………………….		Quarterly
•	PAGONXT - EUR …………………………………………………………………………………………….		Quarterly
•	PAGONXT - Constant EUR …………………………………………………………………………………………….		Quarterly

/xl/drawings/drawing55.xml#Index!A1

Retail_Banking-EUR

Retail Banking
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	25,767	22,629	3,138	13.9
Net fee income	5,759	5,244	515	9.8
Gains (losses) on financial transactions *	222	579	(358)	(61.7)
Other operating income	(113)	505	(618)	-
Total income	31,634	28,957	2,677	9.2
Administrative expenses and amortizations	(13,800)	(12,675)	(1,126)	8.9
Net operating income	17,834	16,283	1,551	9.5
Net loan-loss provisions	(7,465)	(5,697)	(1,767)	31.0
Other gains (losses) and provisions	(1,554)	(1,293)	(261)	20.2
Profit before tax	8,815	9,292	(477)	(5.1)
Tax on profit	(2,231)	(2,896)	665	(23.0)
Profit from continuing operations	6,584	6,396	188	2.9
Net profit from discontinued operations	-	-	-	-
Consolidated profit	6,584	6,396	188	2.9
Non-controlling interests	(693)	(998)	305	(30.5)
Underlying attributable profit to the parent	5,891	5,398	493	9.1
(*).- Includes exchange differences.
Retail Banking
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	7,286	7,573	7,770	7,966	8,094	8,620	9,053
Net fee income	1,721	1,768	1,754	1,801	1,816	1,975	1,967
Gains (losses) on financial transactions *	230	155	194	260	53	153	16
Other operating income	119	142	244	(116)	132	(208)	(37)
Total income	9,357	9,638	9,962	9,912	10,095	10,541	10,999
Administrative expenses and amortizations	(4,137)	(4,229)	(4,309)	(4,429)	(4,399)	(4,626)	(4,775)
Net operating income	5,220	5,409	5,654	5,483	5,695	5,915	6,224
Net loan-loss provisions	(1,783)	(1,724)	(2,190)	(1,384)	(2,111)	(2,621)	(2,733)
Other gains (losses) and provisions	(398)	(454)	(442)	(759)	(425)	(456)	(673)
Profit before tax	3,039	3,231	3,022	3,340	3,159	2,838	2,818
Tax on profit	(1,005)	(1,019)	(872)	(1,002)	(848)	(650)	(732)
Profit from continuing operations	2,034	2,212	2,150	2,338	2,311	2,188	2,086
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	2,034	2,212	2,150	2,338	2,311	2,188	2,086
Non-controlling interests	(306)	(364)	(328)	(347)	(256)	(251)	(186)
Underlying attributable profit to the parent	1,728	1,848	1,822	1,991	2,055	1,936	1,899
(*).- Includes exchange differences.

Retail_Banking-EUR-KTES

Retail Banking
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	25,767	24,156	1,611	6.7
Net fee income	5,759	5,547	212	3.8
Gains (losses) on financial transactions *	222	614	(392)	(63.9)
Other operating income	(113)	617	(730)	-
Total income	31,634	30,934	701	2.3
Administrative expenses and amortizations	(13,800)	(13,311)	(489)	3.7
Net operating income	17,834	17,623	211	1.2
Net loan-loss provisions	(7,465)	(6,140)	(1,325)	21.6
Other gains (losses) and provisions	(1,554)	(1,316)	(239)	18.1
Profit before tax	8,815	10,167	(1,352)	(13.3)
Tax on profit	(2,231)	(3,208)	977	(30.5)
Profit from continuing operations	6,584	6,959	(375)	(5.4)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	6,584	6,959	(375)	(5.4)
Non-controlling interests	(693)	(1,066)	372	(34.9)
Underlying attributable profit to the parent	5,891	5,894	(3)	(0.1)
(*).- Includes exchange differences.
Retail Banking
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	7,866	8,083	8,208	8,441	8,308	8,509	8,950
Net fee income	1,848	1,871	1,828	1,897	1,857	1,946	1,956
Gains (losses) on financial transactions *	237	164	213	267	51	156	15
Other operating income	155	187	275	(109)	151	(201)	(63)
Total income	10,105	10,305	10,524	10,496	10,366	10,411	10,858
Administrative expenses and amortizations	(4,372)	(4,446)	(4,494)	(4,624)	(4,484)	(4,579)	(4,738)
Net operating income	5,733	5,860	6,030	5,872	5,883	5,832	6,119
Net loan-loss provisions	(1,948)	(1,850)	(2,341)	(1,508)	(2,195)	(2,587)	(2,682)
Other gains (losses) and provisions	(410)	(456)	(450)	(778)	(429)	(444)	(681)
Profit before tax	3,375	3,554	3,239	3,587	3,258	2,801	2,756
Tax on profit	(1,133)	(1,132)	(943)	(1,091)	(878)	(636)	(717)
Profit from continuing operations	2,242	2,422	2,296	2,496	2,380	2,165	2,039
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	2,242	2,422	2,296	2,496	2,380	2,165	2,039
Non-controlling interests	(330)	(390)	(346)	(370)	(259)	(248)	(186)
Underlying attributable profit to the parent	1,912	2,032	1,950	2,126	2,122	1,916	1,853
(*).- Includes exchange differences.

C&IB_EUR

Corporate & Investment Banking
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	2,637	2,135	502	23.5
Net fee income	1,517	1,322	195	14.8
Gains (losses) on financial transactions *	1,434	710	723	101.9
Other operating income	9	100	(92)	(91.2)
Total income	5,597	4,268	1,329	31.1
Administrative expenses and amortizations	(2,035)	(1,700)	(335)	19.7
Net operating income	3,562	2,568	994	38.7
Net loan-loss provisions	14	(80)	94	-
Other gains (losses) and provisions	(77)	(10)	(67)	656.6
Profit before tax	3,499	2,478	1,022	41.2
Tax on profit	(977)	(686)	(291)	42.5
Profit from continuing operations	2,522	1,792	730	40.7
Net profit from discontinued operations	-	-	-	-
Consolidated profit	2,522	1,792	730	40.7
Non-controlling interests	(159)	(112)	(46)	41.2
Underlying attributable profit to the parent	2,364	1,680	684	40.7
(*).- Includes exchange differences.
Corporate & Investment Banking
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	690	716	729	785	786	928	924
Net fee income	462	427	433	422	521	506	491
Gains (losses) on financial transactions *	427	119	164	56	422	429	583
Other operating income	39	(11)	73	88	33	(13)	(12)
Total income	1,618	1,252	1,399	1,351	1,763	1,849	1,985
Administrative expenses and amortizations	(545)	(560)	(595)	(679)	(615)	(673)	(747)
Net operating income	1,073	691	804	672	1,148	1,176	1,238
Net loan-loss provisions	(49)	(20)	(11)	(71)	13	10	(8)
Other gains (losses) and provisions	(29)	22	(3)	(7)	(19)	(36)	(22)
Profit before tax	995	693	790	594	1,142	1,149	1,208
Tax on profit	(291)	(185)	(210)	(135)	(329)	(325)	(323)
Profit from continuing operations	705	508	579	458	813	824	885
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	705	508	579	458	813	824	885
Non-controlling interests	(34)	(39)	(39)	(25)	(54)	(52)	(52)
Underlying attributable profit to the parent	670	469	540	433	759	772	833
(*).- Includes exchange differences.

C&IB_EUR-KTES

Corporate & Investment Banking
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	2,637	2,236	401	17.9
Net fee income	1,517	1,388	130	9.3
Gains (losses) on financial transactions *	1,434	736	697	94.6
Other operating income	9	102	(93)	(91.3)
Total income	5,597	4,462	1,135	25.4
Administrative expenses and amortizations	(2,035)	(1,777)	(258)	14.5
Net operating income	3,562	2,685	877	32.7
Net loan-loss provisions	14	(84)	98	-
Other gains (losses) and provisions	(77)	(4)	(73)	-
Profit before tax	3,499	2,598	902	34.7
Tax on profit	(977)	(735)	(242)	33.0
Profit from continuing operations	2,522	1,863	659	35.4
Net profit from discontinued operations	-	-	-	-
Consolidated profit	2,522	1,863	659	35.4
Non-controlling interests	(159)	(121)	(38)	31.1
Underlying attributable profit to the parent	2,364	1,742	622	35.7
(*).- Includes exchange differences.
Corporate & Investment Banking
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	726	752	758	813	802	915	920
Net fee income	489	451	447	437	532	500	486
Gains (losses) on financial transactions *	453	120	164	56	429	418	586
Other operating income	41	(14)	75	93	38	(10)	(19)
Total income	1,710	1,308	1,444	1,399	1,801	1,823	1,974
Administrative expenses and amortizations	(573)	(586)	(618)	(705)	(628)	(669)	(739)
Net operating income	1,137	722	826	694	1,173	1,154	1,235
Net loan-loss provisions	(48)	(22)	(14)	(70)	13	10	(9)
Other gains (losses) and provisions	(30)	30	(3)	(10)	(19)	(36)	(21)
Profit before tax	1,058	730	809	613	1,166	1,128	1,205
Tax on profit	(316)	(199)	(220)	(145)	(339)	(319)	(319)
Profit from continuing operations	743	531	589	468	827	809	886
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	743	531	589	468	827	809	886
Non-controlling interests	(39)	(41)	(41)	(26)	(55)	(51)	(52)
Underlying attributable profit to the parent	704	490	548	442	772	758	834
(*).- Includes exchange differences.

WM&I_EUR

Wealth Management & Insurance
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	554	350	205	58.5
Net fee income	982	911	71	7.8
Gains (losses) on financial transactions *	88	77	12	15.5
Other operating income	282	372	(90)	(24.2)
Total income	1,907	1,709	198	11.6
Administrative expenses and amortizations	(758)	(676)	(82)	12.1
Net operating income	1,149	1,033	116	11.2
Net loan-loss provisions	(13)	(20)	7	(34.1)
Other gains (losses) and provisions	(17)	9	(26)	-
Profit before tax	1,118	1,022	96	9.4
Tax on profit	(254)	(251)	(3)	1.2
Profit from continuing operations	864	771	93	12.1
Net profit from discontinued operations	-	-	-	-
Consolidated profit	864	771	93	12.1
Non-controlling interests	(47)	(32)	(14)	45.1
Underlying attributable profit to the parent	818	739	79	10.7
(*).- Includes exchange differences.
Wealth Management & Insurance
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	113	115	122	127	145	184	225
Net fee income	289	306	315	336	321	334	327
Gains (losses) on financial transactions *	36	23	17	24	30	29	30
Other operating income	90	90	192	44	90	89	103
Total income	528	535	646	531	587	635	685
Administrative expenses and amortizations	(223)	(225)	(228)	(238)	(244)	(252)	(263)
Net operating income	305	310	418	293	343	384	422
Net loan-loss provisions	(4)	(6)	(10)	(18)	0	(9)	(5)
Other gains (losses) and provisions	(4)	(3)	16	(3)	(5)	(8)	(4)
Profit before tax	298	301	424	272	338	367	414
Tax on profit	(73)	(72)	(106)	(58)	(78)	(81)	(95)
Profit from continuing operations	225	229	317	214	260	286	319
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	225	229	317	214	260	286	319
Non-controlling interests	(11)	(11)	(11)	(12)	(15)	(16)	(16)
Underlying attributable profit to the parent	214	219	306	202	245	270	302
(*).- Includes exchange differences.

WM&I_EUR-KTES

Wealth Management & Insurance
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	554	364	190	52.2
Net fee income	982	955	27	2.9
Gains (losses) on financial transactions *	88	79	9	11.5
Other operating income	282	381	(99)	(26.0)
Total income	1,907	1,779	128	7.2
Administrative expenses and amortizations	(758)	(713)	(45)	6.3
Net operating income	1,149	1,066	83	7.8
Net loan-loss provisions	(13)	(20)	7	(34.5)
Other gains (losses) and provisions	(17)	9	(26)	-
Profit before tax	1,118	1,055	63	6.0
Tax on profit	(254)	(258)	4	(1.5)
Profit from continuing operations	864	797	67	8.4
Net profit from discontinued operations	-	-	-	-
Consolidated profit	864	797	67	8.4
Non-controlling interests	(47)	(33)	(13)	39.6
Underlying attributable profit to the parent	818	764	54	7.1
(*).- Includes exchange differences.
Wealth Management & Insurance
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	118	120	126	131	148	183	224
Net fee income	306	322	327	347	327	332	323
Gains (losses) on financial transactions *	38	24	18	24	30	29	30
Other operating income	93	93	195	49	94	88	100
Total income	555	559	665	550	599	632	676
Administrative expenses and amortizations	(236)	(238)	(239)	(248)	(250)	(250)	(258)
Net operating income	318	321	427	303	349	381	419
Net loan-loss provisions	(4)	(6)	(10)	(19)	0	(9)	(5)
Other gains (losses) and provisions	(4)	(3)	16	(3)	(5)	(8)	(4)
Profit before tax	310	313	432	281	344	364	410
Tax on profit	(76)	(74)	(108)	(58)	(79)	(80)	(94)
Profit from continuing operations	234	239	324	222	265	284	315
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	234	239	324	222	265	284	315
Non-controlling interests	(11)	(11)	(11)	(12)	(15)	(15)	(16)
Underlying attributable profit to the parent	223	228	313	210	250	269	299
(*).- Includes exchange differences.

PagoNxt_EUR

PagoNxt
EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	11	(2)	13	-
Net fee income	611	349	262	75.1
Gains (losses) on financial transactions *	(5)	(1)	(4)	390.1
Other operating income	38	(13)	51	-
Total income	655	334	322	96.4
Administrative expenses and amortizations	(729)	(479)	(250)	52.3
Net operating income	(74)	(145)	71	(49.1)
Net loan-loss provisions	(24)	(7)	(17)	245.9
Other gains (losses) and provisions	(16)	(39)	23	(59.4)
Profit before tax	(114)	(191)	77	(40.4)
Tax on profit	(51)	(15)	(36)	235.3
Profit from continuing operations	(165)	(207)	42	(20.2)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	(165)	(207)	42	(20.2)
Non-controlling interests	(8)	0	(8)	-
Underlying attributable profit to the parent	(173)	(206)	33	(16.2)
(*).- Includes exchange differences.
PagoNxt
EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	(1)	(1)	0	3	2	3	6
Net fee income	81	127	140	144	157	222	232
Gains (losses) on financial transactions *	1	(0)	(2)	(0)	1	(2)	(4)
Other operating income	(15)	(3)	5	14	2	13	23
Total income	67	123	144	161	162	236	257
Administrative expenses and amortizations	(136)	(162)	(181)	(194)	(190)	(258)	(282)
Net operating income	(69)	(40)	(36)	(33)	(28)	(22)	(24)
Net loan-loss provisions	(2)	(2)	(2)	(3)	(3)	(9)	(13)
Other gains (losses) and provisions	(2)	(3)	(34)	1	(1)	(3)	(12)
Profit before tax	(73)	(46)	(73)	(35)	(32)	(33)	(50)
Tax on profit	1	(10)	(6)	(9)	(21)	(15)	(15)
Profit from continuing operations	(72)	(56)	(79)	(44)	(53)	(48)	(64)
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	(72)	(56)	(79)	(44)	(53)	(48)	(64)
Non-controlling interests	0	0	(0)	(2)	(1)	(2)	(5)
Underlying attributable profit to the parent	(72)	(56)	(79)	(47)	(54)	(50)	(69)
(*).- Includes exchange differences.

PagoNxt_EUR-KTES

PagoNxt
Constant EUR million
Change
9M'22	9M'21	Absolute	%
Income statement
Net interest income	11	(2)	13	-
Net fee income	611	389	222	57.2
Gains (losses) on financial transactions *	(5)	(1)	(4)	348.3
Other operating income	38	(12)	50	-
Total income	655	374	281	75.3
Administrative expenses and amortizations	(729)	(503)	(226)	44.9
Net operating income	(74)	(130)	56	(43.0)
Net loan-loss provisions	(24)	(8)	(16)	194.9
Other gains (losses) and provisions	(16)	(40)	24	(60.2)
Profit before tax	(114)	(178)	64	(35.9)
Tax on profit	(51)	(21)	(30)	139.1
Profit from continuing operations	(165)	(199)	34	(17.2)
Net profit from discontinued operations	-	-	-	-
Consolidated profit	(165)	(199)	34	(17.2)
Non-controlling interests	(8)	0	(8)	-
Underlying attributable profit to the parent	(173)	(199)	26	(13.1)
(*).- Includes exchange differences.
PagoNxt
Constant EUR million
Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22	Q3'22
Income statement
Net interest income	(1)	(1)	(0)	3	2	3	6
Net fee income	92	143	153	161	167	218	227
Gains (losses) on financial transactions *	1	(1)	(1)	(0)	1	(2)	(4)
Other operating income	(15)	(3)	6	15	2	13	23
Total income	77	139	158	178	172	231	252
Administrative expenses and amortizations	(144)	(171)	(189)	(204)	(196)	(255)	(279)
Net operating income	(67)	(32)	(31)	(26)	(24)	(23)	(27)
Net loan-loss provisions	(3)	(3)	(3)	(4)	(3)	(9)	(13)
Other gains (losses) and provisions	(2)	(4)	(35)	1	(1)	(3)	(12)
Profit before tax	(71)	(38)	(68)	(29)	(27)	(34)	(52)
Tax on profit	(0)	(13)	(8)	(10)	(23)	(14)	(14)
Profit from continuing operations	(71)	(52)	(76)	(40)	(50)	(49)	(66)
Net profit from discontinued operations	-	-	-	-	-	-	-
Consolidated profit	(71)	(52)	(76)	(40)	(50)	(49)	(66)
Non-controlling interests	0	0	(0)	(2)	(1)	(2)	(5)
Underlying attributable profit to the parent	(71)	(52)	(76)	(42)	(52)	(50)	(70)
(*).- Includes exchange differences.

Index_Other

OTHER INFORMATION (quarterly)
•	Stages TOTAL GROUP
•	NPL ratio
•	Coverage ratio
•	Cost of risk
•	Risk Weighted Assets

/xl/drawings/drawing64.xml#Index!A1

Stages

Stages TOTAL GROUP
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Exposure subject to impairment (EUR billion) *
Stage 1	885	904	912	929	967	998	1,030
Stage 2	70	70	67	71	68	66	70
Stage 3	32	33	33	33	36	34	36
Coverage (%)
Stage 1	0.5	0.5	0.5	0.5	0.5	0.5	0.5
Stage 2	8.1	8.2	8.6	7.7	8.0	8.5	7.7
Stage 3	42.5	42.2	43.0	41.3	41.0	40.1	41.0
(*).- Additionally, customer loans not subject to impairment recorded at mark to market with changes through P&L (EUR 27 bn in March 2021, EUR 26 bn in June 2021, EUR 27 bn in September 2021, EUR 18 bn in December 2021, EUR 22 bn in March 2022, EUR 23 bn in June 2022 and EUR 21 bn in September 2022).

NPL_Ratio

NPL ratio
%
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Europe	3.26	3.30	3.15	3.12	3.01	2.63	2.58
Spain	4.98	5.16	4.86	4.72	4.47	3.83	3.69
United Kingdom	1.35	1.30	1.27	1.43	1.42	1.17	1.16
Portugal	3.84	3.71	3.44	3.44	3.42	3.33	3.03
Poland	4.82	4.58	4.34	3.61	3.50	3.45	3.63
North America	2.39	2.28	2.56	2.42	2.83	2.71	2.79
US	2.11	2.00	2.36	2.33	2.75	2.64	2.92
Mexico	3.21	3.10	3.14	2.73	3.09	2.95	2.34
South America	4.30	4.36	4.38	4.50	5.05	5.39	5.54
Brazil	4.42	4.55	4.72	4.88	5.68	6.34	6.63
Chile	4.74	4.57	4.36	4.43	4.70	4.70	4.63
Argentina	2.32	3.34	3.85	3.61	3.21	2.48	2.13
Digital Consumer Bank	2.23	2.18	2.15	2.13	2.27	2.22	2.20
TOTAL GROUP	3.20	3.22	3.18	3.16	3.26	3.05	3.08

NPL_Coverage

Coverage ratio
%
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Europe	50.0	48.4	51.1	49.4	49.1	50.2	49.7
Spain	48.0	45.7	49.6	51.4	50.4	49.4	49.3
United Kingdom	40.5	37.4	36.6	25.8	26.1	32.9	32.4
Portugal	69.2	73.0	75.5	71.7	72.8	74.3	76.3
Poland	70.3	72.4	74.6	73.9	78.5	76.0	74.8
North America	153.4	152.3	139.3	134.9	110.5	111.4	102.7
US	183.2	185.7	161.5	150.3	122.2	121.0	102.8
Mexico	95.6	90.6	90.1	95.0	79.5	84.1	102.7
South America	98.4	98.1	98.8	98.3	92.2	86.9	84.7
Brazil	116.5	112.3	111.8	111.2	101.1	92.3	89.2
Chile	63.4	63.9	64.1	63.3	60.7	60.4	60.3
Argentina	232.4	167.6	149.3	153.8	161.7	171.1	179.0
Digital Consumer Bank	111.4	111.9	112.8	107.8	99.4	97.4	95.6
TOTAL GROUP	74.0	72.9	74.0	71.3	69.5	70.6	69.7

Cost_credit

Cost of risk
%
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Europe	0.51	0.49	0.48	0.39	0.37	0.37	0.36
Spain	0.79	0.91	0.97	0.92	0.88	0.79	0.71
United Kingdom	0.21	0.09	0.01	(0.09)	(0.08)	(0.02)	0.02
Portugal	0.38	0.41	0.35	0.09	0.03	(0.05)	(0.12)
Poland	1.02	0.88	0.82	0.67	0.65	0.95	1.07
North America	2.34	1.67	1.46	0.93	0.93	1.09	1.12
US	2.12	1.34	1.06	0.43	0.49	0.78	0.87
Mexico	3.00	2.74	2.69	2.44	2.22	2.05	1.86
South America	2.81	2.51	2.52	2.60	2.73	2.97	3.11
Brazil	3.79	3.51	3.60	3.73	3.94	4.26	4.46
Chile	1.33	1.07	0.89	0.85	0.83	0.89	0.87
Argentina	4.55	3.94	3.51	3.01	3.31	3.07	2.88
Digital Consumer Bank	0.69	0.64	0.57	0.46	0.44	0.44	0.43
TOTAL GROUP	1.08	0.94	0.90	0.77	0.77	0.83	0.86

RiskWeighted_Assets

Risk-weighted assets
EUR million
Mar-21	Jun-21	Sep-21	Dec-21	Mar-22	Jun-22	Sep-22
Europe	251,407	255,603	252,593	256,921	255,916	256,138	251,027
Spain	136,344	140,514	143,245	139,479	139,844	140,188	136,995
United Kingdom	72,260	72,086	70,471	76,722	76,283	75,245	74,290
Portugal	17,184	16,971	15,453	14,505	14,611	16,004	14,987
Poland	20,244	20,219	20,151	20,800	20,386	19,733	19,159
Other Europe	5,374	5,813	3,274	5,415	4,792	4,967	5,596
North America	102,642	104,854	105,053	109,362	111,643	118,400	126,107
United States	77,126	78,785	79,533	81,623	83,251	89,598	94,750
Mexico	25,272	25,816	25,220	27,391	28,092	28,531	31,075
Other North America	244	254	301	348	300	272	281
South America	116,993	129,328	120,787	118,527	137,387	135,687	143,477
Brazil	71,841	84,150	80,200	77,964	92,978	92,289	98,612
Chile	31,926	31,829	26,150	25,005	28,134	26,122	26,855
Argentina	5,960	6,091	6,279	7,479	7,670	8,302	8,358
Other South America	7,266	7,258	8,158	8,078	8,605	8,973	9,652
Digital Consumer Bank	80,793	80,667	79,478	80,221	80,668	82,472	82,667
Corporate Centre	15,962	14,547	19,298	13,900	13,176	12,080	13,462
TOTAL GROUP	567,797	584,999	577,209	578,930	598,789	604,777	616,738