2022 Earnings Presentation

Santander Results 2022: Santander reports attributable profit of €9,605 million

Banco Santander achieved a record attributable profit of €9,605 million in 2022, up 18% in current euros versus 2021, supported by strong growth in customer activity, robust asset quality, and good cost control. Tax on profit in the period was €4,486 million, resulting in an effective tax rate of 29%. In the fourth quarter alone, attributable profit was €2,289 million, +1% in current euros year-on-year.