Santander achieved a record attributable profit of €3,402 million in the first quarter of 2025, a 19% increase versus the same period last year thanks to record net fee income (+4%) and lower costs. In addition, the bank added nine million new customers with the total number of customers the group serves reaching 175 million customers.
The 2025 targets include achieving around €62 billion in revenues, falling costs in absolute terms, a stable cost of risk, and reaching a RoTE of c.16.5% (post-AT1) and a CET1 of 13%.
Through Santander X, the bank provides free training, benefits and discounts, as well as other resources that businesses need to scale and grow. Santander has over 4.3 million SME customers in the markets where it operates.
The prestigious Euromoney awards have once again recognized the leadership of Santander Private Banking in Latin America. The magazine considers it the World’s Best for International Latin American Clients and the Best International Private Bank in the region.