Overview
- Net interest income fell 3.2% to €3.628 billion, which the bank attributed to the impact of lower interest rates on loan yields.
- Return on tangible equity reached 15% and the CET1 capital ratio rose to 13.74% at the end of September.
- CEO César González-Bueno reaffirmed total shareholder returns of €6.45 billion for 2025–2027, with the dividend per share set above the €0.2044 paid from 2024 results.
- Excluding TSB, lending volumes grew 8.1% year on year while net fees increased 2.1% to €1.032 billion, and banking income edged 2% lower to €4.659 billion.
- The sale of UK unit TSB contributed €242 million to profit, and the group’s nonperforming loan ratio improved to 2.45%.