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%.
The Santander Retail Graduate Programme is the first international edition of this initiative for students and recent graduates who are less than two years into their career. The deadline for applications is 30 May 2025.
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.