27 April 2016 POLAND. January March 2016
|
|
- Willis Manning
- 6 years ago
- Views:
Transcription
1 27 April 2016 POLAND January March 2016
2 Disclaimer Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in various places throughout this presentation and include. without limitation. statements concerning our future business development and economic performance. While these forward-looking statements represent our judgment and future expectations concerning the development of our business. a number of risks. uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include. but are not limited to: (1) general market. macro-economic. governmental and regulatory trends; (2) movements in local and international securities markets. currency exchange rates and interest rates; (3) competitive pressures; (4) technological developments; and (5) changes in the financial position or credit worthiness of our customers. obligors and counterparties. The risk factors that we have indicated in our past and future filings and reports could adversely affect our business and financial performance. Other unknown or unpredictable factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements speak only as of the date on which they are made and are based on the knowledge. information available and views taken on the date on which they are made; such knowledge. information and views may change at any time. BZ WBK does not undertake any obligation to update or revise any forward-looking statement. whether as a result of new information. future events or otherwise. The information contained in this presentation is subject to. and must be read in conjunction with. all other publicly available information. including. where relevant any fuller disclosure document published by BZ WBK. Any person at any time acquiring securities must do so only on the basis of such person's own judgment as to the merits or the suitability of the securities for its purpose and only on such information as is contained in such public information having taken all such professional or other advice as it considers necessary or appropriate in the circumstances and not in reliance on the information contained in the presentation. In making this presentation available. BZ WBK gives no advice and makes no recommendation to buy. sell or otherwise deal in shares in BZ WBK or in any other securities or investments whatsoever. Neither this presentation nor any of the information contained therein constitutes an offer to sell or the solicitation of an offer to buy any securities. Note: Statements as to historical performance or financial accretion are not intended to mean that future performance. share price or future earnings (including earnings per share) for any period will necessarily match or exceed those of any prior year. Nothing in this presentation should be construed as a profit forecast. Note: The results information contained in this presentation has been prepared according to Spanish accounting criteria and regulation in a manner applicable to all subsidiaries of the Santander Group and as a result it may differ from the one disclosed locally by Bank Zachodni WBK S.A. 2
3 Agenda Macro-economic environment and financial system Strategy and business Results Appendix
4 Macro-economic environment Stable economic growth. very low inflation Annual GDP Growth (%. real) Central Bank monetary policy (%) (e) 2017 (e) (e) 2017 (e) Inflation (annual change. %) Average exchange rate (EUR/PLN) (e) 2017 (e) (e) 2017 (e) Source: GUS. NBP. BZ WBK 4
5 Macro-economic environment Strong domestic demand, record low unemployment Internal Demand (YoY growth. %) Current account balance (% GDP) (e) 2017 (e) (e) 2017 (e) 9.8 Investment (YoY growth. %) Unemployment (yearly average. %) (e) 2017 (e) (e) 2017 (e) Source: GUS. NBP. BZ WBK 5
6 Financial system: Loan and deposit growth Solid growth in loans and deposits YoY (%) Total loans (Currency-neutral bn) % 7.9% 7.9% 6.9% 5.8% M'15 J'15 S'15 D'15 F'16 Healthy growth of investment loans (c.12% y/y), Consumer loans (c.8% y/y) and steady growth in Mortgage credit (c.2.5% y/y). Introduction of bank levy potentially may lower loan growth to 5% in the coming quarters, despite solid economic environment. Total customer deposits (Currency-neutral bn) Deposit growth accelerating, mainly due to corporate deposits (12% y/y); individuals deposit growth steady at c. 10% y/y. YoY (%) 9.2% 8.7% 8.9% 9.1% 10.4% Deposits are expected to grow by 10% in M'15 J'15 S'15 D'15 F'16 Source: NBP. BZ WBK (1) EUR/PLN = (as of 31/03/2016) 6
7 Agenda Macro-economic environment and financial system Strategy and business Results Appendix
8 Our Franchise Bank Zachodni is the 3rd bank in Poland Business and Results currency-neutral Gross Loans ( bn) 20 11% Deposits ( bn) 21 9% Consolidated profit ( MM) 88-25% Attributable profit ( MM) 64-25% Network and Customers Total customers (MM) 4.3 Branches (#) 700 ATMs (#) 1,711 Market Share Loans 10.0% Deposits 10.1% Var. YoY Mar 16* Source: NBP. BZ WBK (*) Market share includes Santander Consumer Bank in Poland 8
9 Strategy To become the leading customer-centric bank A customer-centric bank cares for its customers to achieve sustainable long-term relationships We believe that a customer wants: BZ WBK as a customer-centric bank wants to be: A simple set of products. fairly priced and right for me. that are easily explained and understood Quick and error-free service through the channel of my choice Recognition that I'm an individual. with my own needs. whose relationship you value Simple Personal Fair Our strategy encompasses both elements critical to customer-centricity Business and operational improvement Cultural change Market leading business and financial performance Creating a bank that is Simple Personal Fair 9
10 Customers +2% Retail loyal customers (k) 1,166 1,189 Successful continuation of strategy to increase loyal customers and related income Mar'15 Mar'16 Loyal SMEs and Corporate customers (k) 72 Mar'15 +11% 80 Mar'16 Enhance value proposition and non-risk based revenue. Service excellence & continuous quality improvement +6% Online digital customers (k) 1,823 1,924 Multi-channel distribution driven by customer choice and best in class digital channels Mar'15 Mar'16 10
11 Total loans performance +11% YoY and +3% QoQ due to growth in all segments Total gross loans (currency-neutral MM 1 ) +11% +3% 18,424 18,917 19,312 19,837 20,467 Mar'16 YoY (%) QoQ (%) Individuals 9.4 8% 2% Mortgage 7.3 8% 2% Cash loans 1.6 8% 1% Other personal % 0% Companies % 4% SME % 6% Corporate % 1% Property % 2% GCB % 14% Total Gross Loans % 3% M'15 J'15 S 15 D 15 M'16 11 (1) At period end rate as of March 2016
12 Total customer funds performance +9% YoY in Deposits and +5% YoY in Total customer funds Total deposits (currency-neutral MM 1 ) +9% 19,652 19,737 20,179 0% 21,492 21,329 Mar' 16 YoY (%) QoQ (%) Demand % -1% Savings 4.4 9% 8% Time 9.7 6% -2% Total % 0% FUM % 4% Total customer funds % 0% M'15 J'15 S 15 D 15 M'16 12 (1) At period end rate as of March 2016
13 Agenda Macro-economic environment and financial system Strategy and business Results Appendix
14 Net interest income and spreads (1) At average exchange rate as of March 2016 (2) Local criteria including SWAP points, excluding SCB +7% YoY due to active management after interest rate decrease in Q Loan spreads (%) Net Interest Income (currency-neutral MM 1 ) Retail Banking Q'15 2Q'15 3Q'15 4Q'15 1Q'16 Deposit spreads (%) 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 Net Interest Margin % 2.97% 3.03% 3.09% 3.08% Retail Banking Q'15 2Q'15 3Q'15 4Q'15 1Q'16 14
15 Net fees -1%YoY and -10% QoQ due to lower credit fees and investment fees Net fees (currency-neutral MM 1 ) 1Q 16 1Q 15 YoY (%) QoQ (%) Cards % -1% Customer % -7% Loan + Insurance % -15% Capital market fees % -19% Other % -6% Total % -10% 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 15 (1) At average exchange rate as of March 2016
16 Gross income Gross income YoY dynamics impacted by lower income on ALCO sales in 1Q 2016 Gross income (currency-neutral MM 1 ) 1Q 16 1Q 15 YoY (%) QoQ (%) Net Interest Income % -1% Net Fees % -10% Subtotal % -4% Gain/losess on financial transactions % 13% Other 2 (6) (4) 46% -84% 2 Gross Income % 9% 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 16 (1) At average exchange rate as of March 2016 (2) Other includes :Includes SK Wołomin Bank bankruptcy in 4Q 2015: EUR 39m.
17 Operating expenses Operating expenses under tight control Operating expenses (currency-neutral MM 1 ) 1Q 16 1Q 15 YoY (%) QoQ (%) General and administrative expenses (131) (134) -2% 1% Depreciation and amortisation (14) (11) 24% 32% Operating expenses (145) (145) 0% 3% 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 Efficiency ratio (with amortisations) 46.6% 44.3% Number of branches Number of employees 11,387 11, (1) At average exchange rate as of March 2016
18 (1) At average exchange rate as of March 2016 (2) Cost of credit = 12 month loan-loss provisions / average lending. Calculated in current euros Net operating income after loan-loss provisions (LLPs) Improvement in credit quality / NPL ratio lower YoY and QoQ at 5.93% Lower cost of risk at 0.82% LLPs and Cost of credit (currency-neutral MM 1 ; %) Cost of credit % 1.00% 0.96% 0.87% 0.82% 1Q 16 1Q 15 YoY (%) QoQ (%) Net Operating Income % 14% LLPs (33) (38) -12% -22% Net operating income after LLPs % 29% Net LLPs NPL ratio 5.93% 7.33% NPL Coverage ratio 67% 62% 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 18
19 Attributable profit 1Q 2016 attributable profit lower by 25% YoY due regulatory cost (BFG, Banking levy) Attributable profit (currency-neutral MM 1 ) 1Q 16 1Q 15 YoY (%) QoQ (%) Profit before taxes % 11% Tax on profit (23) (26) -13% -5% Net income % 16% Attributable profit % 15% Effective tax rate 20.6% 18.3% 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 A banking levy was introduced from February / EUR 14m impact in 1Q (1) At average exchange rate as of March 2016
20 Conclusions Market Environment & Financial System Strategy & Business Stable economic growth around 3.5% expected in 2016, boosted mainly by healthy private consumption Deflation may persist until 3Q16 and CPI may not return to the official target before 2018 Main interest rates likely to remain on hold, despite very low inflation, as growth outlook is solid and due to concerns about financial sector stability Sector loan growth can slow to 5% due to bank levy Business strategy continues to be focused on gathering new customers through the development of our multi-channel approach and increasing loans and related fee income from the Consumer. SME. Leasing. Factoring. Business & Corporate and GCB segments. Sales efforts supported by marketing campaign for new and existing products. Increasing level of loyal customers through more activity and related income. Close management of Net Interest Income in low interest rate environment. Results Operating expenses flat year-on-year as a result of strict costs control and optimisations. Improving credit quality with room for further improvement going forward. Year-on-year profit lower due to higher regulatory impacts. 20
21 Agenda Macro-economic environment and financial system Strategy and business Results Appendix
22 Balance Poland sheet EUR million. Currency-neutral* Variation 31-Mar Mar-15 Amount % Loans and credits* 19,616 17,563 2, Trading portfolio (w/o loans) 858 1,207 (349) (28.9) Available-for-sale financial assets 5,515 5, Due from credit institutions* 789 1,174 (385) (32.8) Intangible assets and property and equipment Other assets 1,519 2,081 (561) (27.0) Total assets/liabilities & shareholders' equity 28,549 27,394 1, Customer deposits* 21,329 19,652 1, Marketable debt securities* Subordinated debt (257) (71.9) Insurance liabilities Due to credit institutions* 670 1,217 (547) (45.0) Other liabilities 3,426 3,633 (206) (5.7) Stockholders' equity** 2,577 2, Off-balance-sheet funds 3,249 3,800 (551) (14.5) Mutual funds 3,158 3,659 (501) (13.7) Pension funds Managed portfolios (50) (35.3) Customer funds under management 25,125 24,040 1, * End of period exchange rate 31-Mar-16 * Includes all stock of concept classified in the balance sheet ** Capital + reserves + retained profit + valuation adjustments 22
23 Income statement EUR million. Currency-neutral* Variation 1Q16 1Q15 Amount % Net interest income Net fees (0) (0.5) Gains (losses) on financial transactions (27) (51.9) Other operating income** (6) (4) (2) 45.6 Gross income (16) (4.9) Operating expenses (145) (145) (0) 0.0 General administrative expenses (131) (134) 3 (2.0) Personnel (74) (78) 4 (5.2) Other general administrative expenses (57) (56) (1) 2.6 Depreciation and amortisation (14) (11) (3) 23.8 Net operating income (16) (8.8) Net loan-loss provisions (33) (38) 5 (12.1) Other income (22) (1) (21) Profit before taxes (33) (23.0) Tax on profit (23) (26) 4 (13.5) Profit from continuing operations (29) (25.1) Net profit from discontinued operations Consolidated profit (29) (25.1) Minority interests (9) (26.5) Attributable profit to the Group (21) (24.5) * Average exchange rate 1Q16 ** Including dividends, income from equity-accounted method and other operating income/expenses 23
24 Quarterly income statements EUR million. Constant currency* 1Q15 2Q15 3Q15 4Q15 1Q16 Net interest income Net fees Gains (losses) on financial transactions Other operating income** (4) 15 (8) (40) (6) Gross income Operating expenses (145) (144) (141) (140) (145) General administrative expenses (134) (133) (130) (130) (131) Personnel (78) (77) (76) (79) (74) Other general administrative expenses (56) (56) (54) (50) (57) Depreciation and amortisation (11) (11) (10) (10) (14) Net operating income Net loan-loss provisions (38) (43) (38) (43) (33) Other income (1) (2) 3 (4) (22) Profit before taxes Tax on profit (26) (21) (25) (24) (23) Profit from continuing operations Net profit from discontinued operations Consolidated profit Minority interests Attributable profit to the Group * Average exchange rate 1Q16 ** Including dividends, income from equity-accounted method and other operating income/expenses 24
25 Thank you Nuestra Our purpose misión to es help contribuir people al and progreso de las businesses personas prosper. y de las empresas. Nuestra Our culture cultura is based basa on the en la belief creencia that de que everything todo lo we que do hacemos should debe ser
27 January 2016 POLAND. January December 2015
27 January 2016 POLAND January December 2015 Disclaimer Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More information26 October 2016 POLAND. January September 2016
26 October 2016 POLAND January September 2016 Disclaimer Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More information27 January 2016 CHILE. January December 2015
27 January 2016 CHILE January December 2015 Disclaimer Banco Santander Chile caution that this presentation contains forward looking statements within the meaning of the US Private Securities Litigation
More information26 October 2016 BRAZIL. January September 2016
26 October 2016 BRAZIL January September 2016 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities
More informationSANTANDER CONSUMER FINANCE
27 April 2016 SANTANDER CONSUMER FINANCE January March 2016 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking statements
More information27 April 2016 MEXICO. January March 2016
27 April 2016 MEXICO January March 2016 Disclaimer IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking statements within the meaning of the U.S.
More information25 th January 2017 CHILE. January December 2016
25 th January 2017 CHILE January December 2016 Disclaimer Banco Santander Chile caution that this presentation contains forward looking statements within the meaning of the US Private Securities Litigation
More information26 October 2016 MEXICO. January September 2016
26 October 2016 MEXICO January September 2016 Disclaimer IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking statements within the meaning of
More informationPoland. January - September October 29, 2015
1 Poland January - September 2015 October 29, 2015 Disclaimer 2 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are
More information27 July 2016 MEXICO. First half 2016
27 July 2016 MEXICO First half 2016 Disclaimer IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking statements within the meaning of the U.S.
More informationPoland. First Half of July 30, 2015
1 Poland First Half of 2015 July 30, 2015 Disclaimer 2 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More informationPoland. First Quarter April 28, 2015
1 Poland First Quarter 2015 April 28, 2015 Disclaimer 2 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More informationPoland. First Quarter April 29, 2014
1 Poland First Quarter 2014 April 29, 2014 Disclaimer 2 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More information26 October 2017 POLAND. January September 2017
26 October 2017 POLAND January September 2017 Disclaimer Banco Santander, S.A. ("Santander") and Banco Bank Zachodni WBK, S.A. ( BZ WBK ) caution that this presentation contains statements that constitute
More information27 January 2016 SANTANDER US. January December 2015
27 January 2016 SANTANDER US January December 2015 Disclaimer Banco Santander, S.A. and its affiliates ("Santander") caution that this presentation contains forward-looking statements within the meaning
More information24 April Poland. Q1'18 Earnings Presentation
24 April 2018 Poland Q1'18 Earnings Presentation Disclaimer Banco Santander. S.A. ("Santander") and Banco Bank Zachodni WBK. S.A. ( BZ WBK ) caution that this presentation contains statements that constitute
More information31 January 2017 POLAND. January December 2017
31 January 2017 POLAND January December 2017 Disclaimer Banco Santander, S.A. ("Santander") and Banco Bank Zachodni WBK, S.A. ( BZ WBK ) caution that this presentation contains statements that constitute
More informationMexico. First Quarter April 29, 2014
1 Mexico First Quarter 2014 April 29, 2014 Disclaimer 2 IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking statements within the meaning of
More informationMexico. First Half July 30, 2015
1 Mexico First Half 2015 July 30, 2015 Disclaimer 2 IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking statements within the meaning of the
More information31 October Poland. 9M'18 Earnings Presentation
31 October 2018 Poland 9M'18 Earnings Presentation Disclaimer Banco Santander. S.A. ("Santander") and Banco Bank Zachodni WBK. S.A. ( BZ WBK ) caution that this presentation contains statements that constitute
More information28 July 2017 SPAIN. First half 2017
28 July 2017 SPAIN First half 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning of the
More informationBrazil. January September November 4 th, 2014
1 Brazil January September 2014 November 4 th, 2014 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private
More information26 th April 2017 PORTUGAL. January March 2017
26 th April 2017 PORTUGAL January March 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities
More informationSantander Consumer Finance
24 April 2018 Santander Consumer Finance Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking
More information26 th April 2017 ARGENTINA. January - March 2017
26 th April 2017 ARGENTINA January - March 2017 Disclaimer IMPORTANT INFORMATION Banco Santander, S.A. ("Santander") and Banco Santander Río S.A. caution that this presentation contains forward-looking
More informationSANTANDER CONSUMER FINANCE
26 th April 2017 SANTANDER CONSUMER FINANCE January March 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking
More information31 January 2018 SPAIN. January - December 2017
31 January 2018 SPAIN January - December 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning
More informationBZWBK Group. Results 1H12. July 26 th, 2012
1 BZWBK Group Results 1H12 July 26 th, 2012 2 This presentation as regards the forward looking statements is exclusively informational in nature and cannot be treated as an offering or recommendation to
More informationSantander Consumer Finance
25 July 2018 Santander Consumer Finance H1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking
More informationSantander Consumer Finance
30 January 2019 Santander Consumer Finance 2018 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking
More information31 January 2018 ARGENTINA. January - December 2017
31 January 2018 ARGENTINA January - December 2017 Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Rio, S.A. caution that this presentation contains statements that constitute forward-looking
More information24 April Spain. Q1'18 Earnings Presentation
24 April 2018 Spain Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More informationBZWBK Group. Results 1Q12. April 26 th, 2012
BZWBK Group Results 1Q12 April 26 th, 2012 2 This presentation as regards the forward looking statements is exclusively informational in nature and cannot be treated as an offering or recommendation to
More information26 October 2017 CHILE. January - September 2017
26 October 2017 CHILE January - September 2017 Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Chile caution that this presentation contains statements that constitute forward-looking
More information24 April Portugal. Q1'18 Earnings Presentation
24 April 2018 Portugal Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More information26 October 2017 MEXICO. January September 2017
26 October 2017 MEXICO January September 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning
More information26 October 2017 ARGENTINA. January - September 2017
26 October 2017 ARGENTINA January - September 2017 Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Rio, S.A. caution that this presentation contains statements that constitute forward-looking
More information30 January Chile Earnings Presentation
30 January 2019 Chile 2018 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Chile caution that this presentation contains statements that constitute forward-looking
More information28 July 2017 BRAZIL. First half 2017
28 July 2017 BRAZIL First half 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning of the
More information24 April United Kingdom. Q1'18 Earnings Presentation
24 April 2018 United Kingdom Q1'18 Earnings Presentation Disclaimer Santander UK Group Holdings and Banco Santander, S.A. ("Santander") both caution that this presentation contains statements that constitute
More information28 July 2017 ARGENTINA. First half 2017
28 July 2017 ARGENTINA First half 2017 Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Rio, S.A. caution that this presentation contains statements that constitute forward-looking statements
More information31 October Chile. 9M'18 Earnings Presentation
31 October 2018 Chile 9M'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Chile caution that this presentation contains statements that constitute forward-looking
More information28 July 2017 PORTUGAL. First half 2017
28 July 2017 PORTUGAL First half 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning of
More information24 April Mexico. Q1'18 Earnings Presentation
24 April 2018 Mexico Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More information31 January 2018 PORTUGAL. January December 2017
31 January 2018 PORTUGAL January December 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning
More information26 th April 2017 MEXICO. January March 2017
26 th April 2017 MEXICO January March 2017 Disclaimer IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking statements within the meaning of the
More information30 January Portugal Earnings Presentation
30 January 2019 Portugal 2018 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within
More information31 October Spain. 9M'18 Earnings Presentation
31 October 2018 Spain 9M'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More information31 January 2018 BRAZIL. January December 2017
31 January 2018 BRAZIL January December 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning
More information31 October Argentina. 9M'18 Earnings Presentation
31 October 2018 Argentina 9M'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") and Banco Santander Rio, S.A. caution that this presentation contains statements that constitute forward-looking
More informationSANTANDER CONSUMER FINANCE
26 October 2017 SANTANDER CONSUMER FINANCE January - September 2017 Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements
More information25 July Spain. H1'18 Earnings Presentation
25 July 2018 Spain H1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the meaning
More informationBANK ZACHODNI WBK GROUP 1H 2018 RESULTS 25 JULY 2018
BANK ZACHODNI WBK GROUP 1H 2018 RESULTS 25 JULY 2018 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in
More informationAcquisition of 60% of Santander Consumer Bank S.A. 10th April 2014
Acquisition of 60% of Santander Consumer Bank S.A. 10th April 2014 1 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements
More information25 July Mexico. H1'18 Earnings Presentation
25 July 2018 Mexico H1'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More information31 October Mexico. 9M'18 Earnings Presentation
31 October 2018 Mexico 9M'18 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More informationBrazil. Results January 30 th, 2014
Brazil Results 2013 January 30 th, 2014 Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private
More informationChile. 3Q09 Results. Boadilla, October 2009
3Q09 Results Boadilla, October 2009 Important Information 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private
More informationArgentina 3M13 Results. Buenos Aires, April 25 th 2013
Argentina 3M13 Results Buenos Aires, April 25 th 2013 Important Information 2 IMPORTANT INFORMATION Banco Santander, S.A. ("Santander") and Banco Santander Río S.A. caution that this presentation contains
More informationChile. 2Q09 Results. Boadilla, July 2009
2Q09 Results Boadilla, July 2009 Important Information 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities
More informationUnited Kingdom. January - September October, 2015
United Kingdom January - September 205 29 October, 205 Disclaimer 2 Santander UK Group Holdings plc ( Santander UK Group Holdings ) is a subsidiary of Banco Santander, S.A. ( Santander ). Santander UK
More information30 January Mexico Earnings Presentation
30 January 2019 Mexico 2018 Earnings Presentation Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements within the
More informationBrazil. Results 1H13. July 30 th, 2013
Brazil Results 1H13 July 30 th, 2013 Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities
More informationPortugal Q Portugal. Lisbon, July 27th 2011
Q2 2011 Lisbon, July 27th 2011 Disclaimer 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities Litigation
More information28 July 2017 SANTANDER US. First half 2017
28 July 2017 SANTANDER US First half 2017 Disclaimer Banco Santander, S.A. and its affiliates ("Santander") cautions that this presentation contains statements that constitute forward-looking statements
More information24 April Santander US. Q1'18 Earnings Presentation
24 April 2018 Santander US Q1'18 Earnings Presentation Disclaimer Banco Santander, S.A. and its affiliates ("Santander") cautions that this presentation contains statements that constitute forward-looking
More information26 October 2017 UNITED KINGDOM. January September 2017
26 October 2017 UNITED KINGDOM January September 2017 Disclaimer Santander UK Group Holdings and Banco Santander, S.A. ("Santander") both caution that this presentation contains statements that constitute
More informationPortugal Q Portugal. Lisbon, April 26th 2012
Q1 2012 Lisbon, April 26th 2012 Disclaimer 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities Litigation
More information31 October Santander US. 9M'18 Earnings Presentation
31 October 2018 Santander US 9M'18 Earnings Presentation Disclaimer Banco Santander, S.A. and its affiliates ("Santander") cautions that this presentation contains statements that constitute forward-looking
More information25 July Santander US. H1'18 Earnings Presentation
25 July 2018 Santander US H1'18 Earnings Presentation Disclaimer Banco Santander, S.A. and its affiliates ("Santander") cautions that this presentation contains statements that constitute forward-looking
More information31 st January 2018 UNITED KINGDOM. January December 2017
31 st January 2018 UNITED KINGDOM January December 2017 Disclaimer Santander UK Group Holdings and Banco Santander, S.A. ("Santander") both caution that this presentation contains statements that constitute
More information26 th April 2017 SANTANDER US. January March 2017
26 th April 2017 SANTANDER US January March 2017 Disclaimer Banco Santander, S.A. and its affiliates ("Santander") caution that this presentation contains forward-looking statements within the meaning
More informationSovereign Second Quarter 2011 Results
Sovereign Second Quarter 2011 Results Disclaimer 2 Banco Santander, S.A. ("Santander") and Santander Holdings USA, Inc. ( SHUSA ) caution that this presentation contains forward-looking statements within
More informationImportant information
26 April 2012 1 Important information 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in various places
More informationBanco Santander Chile Solid business and profitability trends
Investor Relations Santiago, Chile Banco Santander Chile Solid business and profitability trends November 2017 Simple Personal Fair Important information Banco Santander Chile caution that this presentation
More informationSantander Consumer Finance. October 2015
Santander Consumer Finance October 2015 1 Santander Consumer Finance S.A. ( Santander Consumer Finance ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forwardlooking
More informationBANK ZACHODNI WBK GROUP 1-3Q 2017 RESULTS 26TH OCTOBER 2017
BANK ZACHODNI WBK GROUP 1-3Q 2017 RESULTS 26TH OCTOBER 2017 Bank Zachodni WBK S.A. ("BZ WBK") cautions that this presentation contains forward-looking statements. These forward-looking statements are found
More informationFinancial Division Research, Strategic Planning and Investor Relations May Portugal. Q1'18 Earnings Presentation
Financial Division Research, Strategic Planning and Investor Relations May 2018 Portugal Q1'18 Earnings Presentation Disclaimer Santander Totta SGPS, S.A. ( Santander Totta ) cautions that this presentation
More informationSovereign Bancorp, Inc. Third Quarter 2009 Results. Boston, October 28, 2009
Sovereign Bancorp, Inc. Third Quarter 2009 Results Boston, October 28, 2009 Disclaimer 2 Banco Santander, S.A. ("Santander") and Sovereign Bancorp, Inc. ( Sovereign ) caution that this presentation contains
More informationSantander US 3Q 2012 Results. October 2012
Santander US 3Q 2012 Results October 2012 Disclaimer Banco Santander, S.A. and its affiliates ("Santander") caution that this presentation contains forward-looking statements within the meaning of the
More informationHector Grisi. Country Head Mexico. Helping people and businesses prosper
Hector Grisi Country Head Mexico Helping people and businesses prosper Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements
More informationSergio Rial. Country Head Brazil. Helping people and businesses prosper
Sergio Rial Country Head Brazil Helping people and businesses prosper Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking statements
More informationAna Botín. Group Executive Chairman Closing presentation. Helping people and businesses prosper
Ana Botín Group Executive Chairman Closing presentation Helping people and businesses prosper Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking
More informationPortugal. Lisbon, July 30th 2013
Lisbon, July 30th 2013 Disclaimer 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private Securities Litigation Reform
More informationBANCO SANTANDER S.A. MORTGAGE COVERED BONDS INVESTOR PRESENTATION 4Q 17. ( Cédulas Hipotecarias )
BANCO SANTANDER S.A. MORTGAGE COVERED BONDS INVESTOR PRESENTATION 4Q 17 ( Cédulas Hipotecarias ) Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking
More informationSantander: United Kingdom
Santander: United Kingdom First Half 2010 London, 29 th July 2010 Disclaimer 2 Santander UK plc ( Santander UK ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forward-looking
More informationBANCO SANTANDER S.A. MORTGAGE COVERED BONDS INVESTOR PRESENTATION 2Q 17. ( Cédulas Hipotecarias )
BANCO SANTANDER S.A. MORTGAGE COVERED BONDS INVESTOR PRESENTATION 2Q 17 ( Cédulas Hipotecarias ) Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking
More informationBanco Santander Chile. Results 2Q13. Chile. Santiago, July 30, 2013
0 Banco Santander Results 2Q13 Santiago, July 30, 2013 Important information 1 Banco Santander caution that this presentation contains forward looking statements within the meaning of the US Private Securities
More informationSantander attributable profit for 2018 reaches 7,810 million - up 18%
Santander attributable profit for 2018 reaches 7,810 million - up 18% In the fourth quarter alone, attributable profit was up 34% to 2,068 million, compared to Q4 2017 The Group has achieved its target
More informationBanco Santander Chile. Results 3Q13. Chile. Santiago, October 24, 2013
0 Banco Santander Results 3Q13 Santiago, October 24, 2013 Important information 1 Banco Santander caution that this presentation contains forward looking statements within the meaning of the US Private
More informationMexico. February 3, 2015
1 Mexico 2014 February 3, 2015 Disclaier 2 IMPORTANT INFORMATION Banco Santander, S.A. ( Santander ) Warns that this presentation contains forward-looking stateents within the eaning of the U.S. Private
More informationAna Botín. Group Executive Chairman Closing Presentation
Ana Botín Group Executive Chairman Closing Presentation Banco Santander, S.A. ("Santander"), Santander UK Group Holdings ( Santander UK ) and Banco Santander (Brasil) S.A. ( Santander Brasil ) all caution
More informationQ1'18 Earnings Presentation
24 April 2018 Q1'18 Earnings Presentation Here to help you prosper Important Information Banco Santander, S.A. ("Santander") cautions that this presentation contains statements that constitute forward-looking
More informationBanco Santander Mortgage Covered Bonds Investor presentation ( Cédulas Hipotecarias )
1 Banco Santander Mortgage Covered Bonds Investor presentation ( Cédulas Hipotecarias ) Data at September 2013 Important information 2 Banco Santander, S.A. ("Santander") cautions that this presentation
More informationSantander attributable profit up 10% year-on-year in Q to 2,054 million
Santander attributable profit up 10% year-on-year in Q1 2018 to 2,054 million The Group achieved a Return on Tangible Equity (RoTE) of 12.4% with its CET1 capital ratio reaching 11% Madrid, 24 April 2018
More informationSantander Group Strategy. Ana Botin, Group Executive Chairman Boadilla del Monte, 3 rd February 2015
Santander Group Strategy Ana Botin, Group Executive Chairman Boadilla del Monte, 3 rd February 2015 Important information Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking
More informationBrazil. Results 1Q10. April 29 th, 2010
Brazil Results 1Q10 April 29 th, 2010 Important information 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements within the meaning of the US Private
More informationSantander attributable profit for 2017 reaches 6,619 million up 7%
Santander attributable profit for 2017 reaches 6,619 million up 7% Underlying profit before tax for 2017 increased by 20% to 13,550 million Madrid, 31 January 2018 PRESS RELEASE In the fourth quarter the
More informationSantander attributable profit up 4% in the first half of 2018 to 3,752 million, after 300 million integration charge
Santander attributable profit up 4% in the first half of 2018 to 3,752 million, after 300 million integration charge Excluding the 300 million charge, underlying profit increased by 25% in constant euros,
More informationJose García Cantera. Group Chief Financial Officer
Jose García Cantera Group Chief Financial Officer Banco Santander, S.A. ("Santander"), Santander UK Group Holdings ( Santander UK ) and Banco Santander (Brasil) S.A. ( Santander Brasil ) all caution that
More information