Banco de Sabadell S A : Datos financieros 2023 1T

Index

1
Idioma / Language	Index
ESPAÑOL	Group Index
ENGLISH	TSB (GBP) Index
Business Units Index

Group

Group Index

o Main figures

o Accumulated quarterly results

o Quarterly results

o Balance sheet

o Margin

o Fees & comissions

o Expenses

o Loans

o FuM

o Equity

o NPA exposure and coverage

o Stages

o NPA details

o Debt maturities for the next 12 months

o Capital ratios

o Share

o MARs

/xl/drawings/drawing2.xml#Index!A1

Main Figures

Main Figures
Excl. TSB	Total group
31.03.22	31.03.23	YoY (%)	31.03.22	31.03.23	YoY (%)
o Equity	Profit and loss account (€ million)
o NPA exposure and coverage	Net interest income	587	797	35.8	858	1,100	28.3
o NPA detail ex-TSB	Core revenues	916	1,119	22.3	1,217	1,450	19.2
o Capital ratios	Gross operating income	991	983	-0.8	1,285	1,311	2.0
o Liquidity	Pre-provisions income	497	479	-3.7	560	581	3.8
o Share	Attributable net profit	194	151	-21.9	213	205	-4.0
Balance sheet (€ million)
Total assets	200,441	196,699	-1.9	253,256	248,480	-1.9
Performing gross loans	110,448	110,643	0.2	154,742	152,637	-1.4
Gross loans to customers	115,537	115,818	0.2	160,539	158,454	-1.3
On-balance sheet customer funds	119,118	121,690	2.2	161,316	162,307	0.6
Off-balance sheet customer funds	40,624	ERROR:#REF!	39,513	-2.7	40,624	39,513	-2.7
Total customer funds	159,741	ERROR:#REF!	161,203	0.9	201,940	0	201,820	-0.1
Net equity	--	--	12,940	13,145	1.6
Shareholders' equity	--	--	13,375	13,657	2.1
Profitability and efficiency ratios (%)
ROA	--	--	0.30	0.45
RORWA	--	--	0.88	1.44
ROE	--	--	5.27	8.12
ROTE	--	--	6.53	9.90
ROTE ex banking tax	6.53	11.40
Efficiency	42.71	39.11	47.98	43.50
Efficiency with amortisation & depreciation	52.77	48.73	59.03	53.59
Risk management
Stage 3 exposures (€ million)	5,585	5,314	-4.8	6,210	5,891	-5.1
Total problematic assets (€ million)	6,884	6,431	-6.6	7,508	7,008	-6.7
Stage 3 ratio (%)	4.48	4.27	3.66	3.52
Stage 3 coverage ratio (%)	44.6	42.3	41.2	39.5
Stage 3 coverage ratio with total provisions (%)	57.6	56.1	55.7	54.6
Problematic assets coverage (%)	53.9	53.0	52.6	52.0
Liquidity management (%)
Loan-to-deposits ratio	93.4	91.9	96.6	95.0
LCR	267	250	235	220
NSFR	--	--	141	141
Capital management
Risk weighted assets (RWA) (€ million)	--	--	80,303	77,659	-3.3
Common Equity Tier 1 (%)	--	--	12.59	12.78
Common Equity Tier 1 fully-loaded (%)	--	--	12.45	12.78
Tier 1 (%)	--	--	14.64	15.04
Total capital ratio (%)	--	--	17.13	18.09
MREL (% RWA)	--	--	25.33	27.57
MREL (% LRE)	--	--	9.50	8.65
Leverage ratio (%)	--	--	5.49	4.72
Share data (period end)
Number of shareholders	--	--	224,715	222,228
Total number of shares (million)	--	--	5,627	5,627
Share price (€ )	--	--	0.746	0.989
Market capitalisation (€ million)	--	--	4,170	5,533
Earnings per share (EPS) (€ )	--	--	0.10	0.18
Book value per share (€ )	--	--	2.38	2.45
TBV per share (€ )	--	--	1.93	2.01
Price / Tangible book value (times)	--	--	0.39	0.49
Price / Earnings ratio (P/E) (times)	--	--	7.35	5.56
Other data
Branches	1,304	1,237	1,594	1,457
Employees	13,283	13,495	18,985	19,151

/xl/drawings/drawing3.xml#Group!A1

Accumulated quarterly results

Accumulated quarterly results
Excl. TSB	TSB	Total group
YoY (%)	YoY (%)
(€ million)	1Q22	1Q23	YoY (%)	1Q22	1Q23	YoY (%)	at constant FX	1Q22	1Q23	YoY (%)	at constant FX
Net interest income	587	797	35.8	271	303	12.0	18.2	858	1,100	28.3	29.6
Net fees and commissions	328	322	-1.9	30	28	-7.8	-2.7	359	350	-2.4	-2.1
Core revenues	916	1,119	22.3	301	331	10.0	16.1	1,217	1,450	19.2	20.2
Net trading income and exchange differences	28	-6	--	5	7	37.7	45.4	33	1	-96.4	-96.2
Income from equity method and dividends	59	31	-46.5	0	0	--	--	59	31	-46.5	-46.5
Other operating income/expense	-11	-161	--	-12	-11	-11.1	-6.1	-23	-172	--	--
Gross operating income	991	983	-0.8	294	328	11.4	17.6	1,285	1,311	2.0	2.9
Operating expenses	-399	-405	1.4	-191	-188	-1.3	4.2	-590	-593	0.5	1.8
Personnel expenses	-261	-264	1.2	-89	-86	-2.9	2.5	-350	-350	0.2	1.1
Other general expenses	-139	-141	1.7	-102	-102	0.1	5.7	-240	-243	1.0	2.9
Amortisation & depreciation	-94	-100	5.9	-42	-38	-9.0	-4.0	-136	-138	1.3	2.6
Total costs	-493	-504	2.2	-232	-226	-2.7	2.7	-726	-730	0.7	2.0
Pre-provisions income	497	479	-3.7	62	102	63.9	73.1	560	581	3.8	4.0
Provisions for NPLs	-184	-200	8.6	-11	-17	45.8	54.0	-195	-217	10.7	11.4
Provisions for other financial assets	-11	-11	0.9	0	-2	--	--	-11	-14	22.0	22.0
Other impairments	-20	-6	-71.8	0	0	--	--	-20	-6	-71.8	-71.8
Gains on sale of assets and other results	-13	-3	-78.6	-0	-0	--	--	-13	-3	-79.2	-79.8
Profit before tax	269	259	-3.6	50	83	64.4	73.6	320	342	7.1	7.2
Income tax	-62	-108	74.2	-31	-29	-5.4	-0.1	-93	-137	47.7	49.4
Minority interest	13	-0	-100.0	0	0	--	--	13	-0	-100.0	-100.0
Attributable net profit	194	151	-21.9	19	53	176.7	192.1	213	205	-4.0	-4.3
Memorandum item:
Core results (NII + net fees and commissions - costs)	422	615	45.7	69	0	105	52.8	61.3	491	720	46.7	46.9

/xl/drawings/drawing4.xml#Group!A1

Quarterly results

Quarterly results
Excl. TSB	TSB	Total group
QoQ (%)	QoQ (%)
(€ million)	1Q22	2Q22	3Q22	4Q22	1Q23	QoQ (%)	1Q22	2Q22	3Q22	4Q22	1Q23	QoQ (%)	at constant FX	1Q22	2Q22	3Q22	4Q22	1Q23	QoQ (%)	at constant FX
Net interest income	587	619	669	773	797	3.1	271	280	296	304	303	-0.2	1.3	858	899	965	1,077	1,100	2.2	1.9
Net fees and commissions	328	337	349	342	322	-5.7	30	34	39	31	28	-8.5	-7.5	ERROR:#REF!	359	371	388	372	350	-5.9	-6.5
Core revenues	916	956	1,018	1,115	1,119	0.4	301	314	335	334	331	-1.0	0.5	ERROR:#REF!	1,217	1,269	1,354	1,449	1,450	0.1	-0.3
Net trading income and exchange differences	28	53	22	-4	-6	55.5	5	-3	8	-5	7	--	--	ERROR:#REF!	33	50	30	-9	1	--	--
Income from equity method and dividends	59	26	28	12	31	162.8	0	0	0	0	0	--	--	ERROR:#REF!	59	26	28	12	31	162.8	162.8
Other operating income/expense	-11	-115	-3	-113	-161	42.0	-12	-9	-9	-65	-11	-83.5	-82.9	ERROR:#REF!	-23	-124	-12	-178	-172	-3.7	-2.8
Gross operating income	991	919	1,066	1,009	983	-2.6	294	302	334	264	328	24.2	25.5	ERROR:#REF!	1,285	1,222	1,400	1,273	1,311	3.0	2.3
Operating expenses	-399	-390	-396	-400	-405	1.2	-191	-188	-190	-184	-188	2.2	3.6	ERROR:#REF!	-590	-577	-586	-584	-593	1.5	1.2
Personnel expenses	-261	-258	-259	-258	-264	2.5	-89	-87	-89	-91	-86	-5.7	-4.3	ERROR:#REF!	-350	-345	-348	-349	-350	0.3	-0.2
Other general expenses	-139	-132	-137	-142	-141	-1.1	-102	-101	-101	-93	-102	10.0	11.3	ERROR:#REF!	-240	-232	-238	-235	-243	3.3	3.3
Amortisation & depreciation	-94	-96	-99	-99	-100	0.1	-42	-41	-37	-37	-38	3.4	4.7	ERROR:#REF!	-136	-137	-137	-136	-138	1.0	1.0
Total costs	-493	-485	-495	-499	-504	1.0	-232	-229	-228	-221	-226	2.4	3.8	ERROR:#REF!	-726	-714	-723	-720	-730	1.4	1.2
Pre-provisions income	497	434	571	510	479	-6.1	62	74	107	43	102	135.6	134.9	ERROR:#REF!	560	508	677	553	581	5.0	3.9
Provisions for NPLs	-184	-175	-159	-243	-200	-18.0	-11	-10	-21	-22	-17	-23.2	-21.6	ERROR:#REF!	-195	-184	-180	-265	-217	-18.4	-18.1
Provisions for other financial assets	-11	-18	-18	-25	-11	-54.8	0	-11	-20	-9	-2	-72.3	-72.0	ERROR:#REF!	-11	-28	-38	-34	-14	-59.3	-59.1
Other impairments	-20	-36	-16	-24	-6	-76.7	0	0	0	0	0	--	--	ERROR:#REF!	-20	-36	-16	-24	-6	-76.7	-76.7
Gains on sale of assets and other results	-13	-6	3	-7	-3	-63.2	-0	0	-0	1	-0	-100.0	-100.0	ERROR:#REF!	-13	-6	3	-7	-3	-58.1	-60.7
Profit before tax	269	199	382	210	259	23.8	50	53	65	14	83	--	--	ERROR:#REF!	320	253	447	223	342	53.2	48.8
Income tax	-62	-54	-104	-58	-108	87.1	-31	-19	-26	-20	-29	49.6	50.9	ERROR:#REF!	-93	-73	-130	-77	-137	77.6	74.6
Minority interest	13	1	0	-3	-0	-100.0	0	0	0	0	0	--	--	ERROR:#REF!	13	1	0	-3	-0	-100.0	-100.0
Attributable net profit	194	144	278	155	151	-2.4	19	35	39	-6	53	--	--	ERROR:#REF!	213	179	317	149	205	37.2	32.6
Memorandum item:
Core results (NII + net fees and commissions - costs)	422	470	523	615	615	-0.1	69	85	108	114	105	-7.5	-5.8	491	555	631	729	720	-1.2	-1.7

/xl/drawings/drawing5.xml#Group!A1

Margin

Gains and charges in the quarter Total Group
1Q22	2Q22	3Q22	4Q22	1Q23
(€ million)	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results
Cash and cash equivalents (1)	55,536	-0.22	-29	54,056	-0.13	-18	54,979	0.39	54	49,632	1.62	202	44,352	2.75	301
Loans to customers (net)	155,878	2.29	879	157,837	2.34	919	159,007	2.54	1,018	158,716	2.88	1,150	155,284	3.29	1,258
Fixed-income securities	23,117	0.59	33	25,315	0.85	54	27,926	1.14	81	28,483	1.70	122	28,818	2.28	162
Equity securities	844	--	--	921	--	--	925	--	--	922	--	--	743	--	--
Tang. & intang. assets	4,906	--	--	4,842	--	--	4,785	--	--	4,752	--	--	4,659	--	--
Other assets	11,974	0.44	13	13,323	0.93	31	14,553	1.40	51	17,405	1.93	85	15,056	2.97	110
Total assets	252,255	1.44	896	256,295	1.54	987	262,174	1.82	1,203	259,909	2.38	1,559	248,912	2.98	1,831
Financial institutions (2)	47,923	0.64	76	49,144	0.53	65	49,752	-0.03	-4	46,426	-1.09	-127	36,788	-2.60	-236
Customer deposits	160,319	-0.07	-29	162,073	-0.11	-46	164,089	-0.22	-90	163,043	-0.35	-144	161,138	-0.56	-221
Capital markets	22,171	-1.07	-59	22,108	-1.13	-62	22,332	-1.33	-75	22,602	-2.11	-120	25,074	-2.67	-165
Other liabilities	8,800	-1.17	-25	9,954	-1.78	-44	12,698	-2.14	-69	14,438	-2.50	-91	12,870	-3.43	-109
Shareholders' equity	13,042	--	--	13,017	--	--	13,304	--	--	13,400	--	--	13,042	--	--
Total funds	252,255	-0.06	-38	256,295	-0.14	-88	262,174	-0.36	-238	259,909	-0.74	-482	248,912	-1.19	-731
Net interest income	858	899	965	1,077	1,100
Customer spread	2.22	2.23	2.32	2.53	2.73
Net interest margin as % of ATA	1.38	1.40	1.46	1.64	1.79
Gains and charges in the quarter excl. TSB
1Q22	2Q22	3Q22	4Q22	1Q23
(€ million)	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results
Cash and cash equivalents (1)	49,869	-0.26	-32	48,660	-0.22	-27	49,867	0.29	37	43,854	1.49	165	38,630	2.63	250
Loans to customers (net)	110,966	2.19	599	113,279	2.24	633	114,829	2.47	715	114,851	2.85	825	112,346	3.33	922
Fixed-income securities	20,202	0.66	33	22,575	0.90	51	25,136	1.14	72	25,915	1.64	107	26,435	2.23	145
Other assets	18,299	0.22	10	19,044	0.29	14	19,565	0.39	19	21,050	0.57	30	18,988	0.73	34
Total assets	199,336	1.24	610	203,557	1.32	671	209,397	1.60	843	205,669	2.17	1,127	196,399	2.79	1,352
Financial institutions (2)	41,095	0.82	83	42,336	0.76	80	43,070	0.20	22	39,442	-0.78	-78	30,939	-2.38	-181
Customer deposits	118,055	-0.08	-22	120,644	-0.12	-36	123,482	-0.23	-73	122,462	-0.32	-99	120,722	-0.53	-158
Capital markets	20,065	-1.08	-53	20,023	-1.09	-55	20,232	-1.27	-65	20,725	-2.06	-108	23,018	-2.62	-149
Other liabilities and shareholders' equity	20,121	-0.60	-30	20,555	-0.81	-41	22,614	-1.03	-59	23,040	-1.21	-70	21,720	-1.25	-67
Total funds	199,336	-0.05	-23	203,557	-0.10	-52	209,397	-0.33	-174	205,669	-0.68	-354	196,399	-1.15	-555
Net interest income	587	619	669	773	797
Customer spread	2.11	2.12	2.24	2.53	2.80
Net interest margin as % of ATA	1.19	1.22	1.27	1.49	1.64
Gains and charges in the quarter TSB
1Q22	2Q22	3Q22	4Q22	1Q23
(€ million)	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results	Avge. balance	Rate %	Results
Cash and cash equivalents (1)	5,667	0.42	6	5,396	0.90	12	5,112	1.57	20	5,778	2.81	41	5,722	3.75	53
Loans to customers (net)	44,912	2.52	279	44,558	2.58	287	44,177	2.72	302	43,865	2.94	325	42,938	3.18	336
Fixed-income securities	3,810	0.74	7	3,716	1.22	11	3,661	1.89	17	3,524	3.13	28	3,521	4.04	35
Other assets	1,719	0.78	3	2,307	3.04	18	2,952	4.32	32	4,267	5.05	54	3,701	8.33	76
Total assets	56,108	2.13	295	55,978	2.35	328	55,902	2.64	372	57,434	3.10	448	55,882	3.63	500
Financial institutions (2)	6,828	-0.63	-11	6,808	-1.10	-19	6,682	-1.75	-30	6,984	-3.01	-53	5,850	-3.98	-57
Customer deposits	42,264	-0.07	-7	41,429	-0.10	-10	40,607	-0.17	-17	40,581	-0.44	-45	40,416	-0.63	-63
Capital markets	3,001	-1.56	-12	3,060	-2.07	-16	2,971	-2.62	-20	2,833	-3.61	-26	3,193	-4.45	-35
Other liabilities and shareholders' equity	4,015	0.44	4	4,681	-0.25	-3	5,642	-0.70	-10	7,036	-1.16	-21	6,423	-2.64	-42
Total funds	56,108	-0.18	-25	55,978	-0.34	-47	55,902	-0.54	-76	57,434	-1.00	-144	55,882	-1.43	-197
Net interest income	271	280	296	304	303
Customer spread	2.45	2.48	2.55	2.50	2.55
Net interest margin as % of ATA	1.95	2.01	2.10	2.10	2.20

/xl/drawings/drawing6.xml#Group!A1/xl/drawings/drawing6.xml#Group!A1

Fees & comissions

Net fees and commissions
Excl. TSB	TSB	Total group	Excl. TSB	TSB	Total group
(€ million)	4Q22	1Q23	QoQ (%)	4Q22	1Q23	QoQ (%)	4Q22	1Q23	QoQ (%)	1Q22	1Q23	YoY (%)	1Q22	1Q23	YoY (%)	1Q22	1Q23	YoY (%)
Lending fees	47	46	-3.1	0	0	14.3	47	46	-3.1	44	46	4.4	0	0	-23.8	44	46	4.4
Guarantees commissions	25	26	3.6	0	0	--	25	26	3.6	ERROR:#REF!	24	26	8.2	0	0	--	24	26	8.2
Risk transaction	72	72	-0.7	0	0	14.3	72	72	-0.7	68	72	5.7	0	0	-23.8	68	72	5.7
fees	0	0
Cards	42	39	-8.3	20	18	-11.0	63	57	-9.2	40	39	-3.4	17	18	6.3	57	57	-0.5
Payment orders	21	21	0.8	0	0	-9.2	21	22	0.6	19	21	13.2	0	0	-9.4	19	22	12.8
Securities	12	14	16.1	0	0	--	12	14	16.1	14	14	-0.1	0	0	--	14	14	-0.1
Sight accounts	60	64	6.7	8	7	-21.3	68	71	3.3	59	64	8.8	10	7	-31.4	68	71	3.1
Foreign currency and notes exchange	28	23	-18.8	7	6	-5.4	35	29	-16.3	28	23	-16.0	6	6	7.7	33	29	-11.8
Other transactions	24	13	-45.5	-8	-6	-24.7	15	7	-56.4	17	13	-26.4	-5	-6	14.8	12	7	-44.5
Commissions for services	187	174	-7.2	28	25	-8.7	215	199	-7.4	176	174	-1.5	28	25	-8.4	204	199	-2.5
0	0
Mutual funds	29	29	2.3	0	0	--	29	29	2.3	32	29	-7.3	0	0	--	32	29	-7.3
Pension funds and	49	42	-13.3	3	3	-6.9	52	45	-13.0	47	42	-9.7	3	3	-1.0	49	45	-9.2
insurance brokerage
Wealth management	5	5	7.0	0	0	--	5	5	7.0	6	5	-7.2	0	0	--	6	5	-7.2
Asset Under Management commissions	83	77	-6.6	3	3	-6.9	85	80	-6.6	84	77	-8.6	3	3	-1.0	87	80	-8.4
Total commissions	342	322	-5.7	31	28	-8.5	372	350	-5.9	328	322	-1.9	30	28	-7.8	359	350	-2.4

/xl/drawings/drawing7.xml#Group!A1

Expenses

Operating expenses and amortisation
Excl. TSB	TSB	Total group	Excl. TSB	TSB	Total group
(€ million)	4Q22	1Q23	QoQ (%)	4Q22	1Q23	QoQ (%)	4Q22	1Q23	QoQ (%)	1Q22	1Q23	YoY (%)	1Q22	1Q23	YoY (%)	1Q22	1Q23	YoY (%)
Personnel expenses	-258	-264	2.5	-91	ERROR:#REF!	-86	-5.7	-349	-350	0.3	-261	-264	1.2	-89	-86	-2.9	-350	-350	0.2
IT and communications	-55	-55	1.3	-47	ERROR:#REF!	-53	12.4	-101	-108	6.5	-56	-55	-0.9	-53	-53	-0.4	-109	-108	-0.7
Advertising	-10	-11	8.2	-8	ERROR:#REF!	-6	-17.7	-18	-17	-3.3	-10	-11	6.7	-8	-6	-21.0	-18	-17	-5.8
Premises and office supplies	-8	-10	27.8	-7	ERROR:#REF!	-7	3.5	-15	-17	16.7	-10	-10	-2.3	-6	-7	15.8	-16	-17	4.4
Technical reports and judicial expenses	-4	-5	26.0	-5	ERROR:#REF!	-4	-9.8	-9	-9	7.0	-5	-5	-2.1	-4	-4	0.2	-9	-9	-1.1
Subcontracted administrative services	-9	-14	54.4	-15	ERROR:#REF!	-20	35.8	-23	-33	42.8	-14	-14	0.2	-16	-20	25.4	-29	-33	13.8
Contributions and taxes	-33	-24	-26.9	-3	ERROR:#REF!	-2	-17.1	-36	-27	-26.2	-25	-24	-3.6	-4	-2	-46.8	-29	-27	-9.4
Others	-24	-22	-9.1	-10	ERROR:#REF!	-10	2.1	-33	-31	-5.9	-18	-22	18.7	-11	-10	-10.4	-29	-31	7.8
Other general expenses	-142	-141	-1.1	-93	ERROR:#REF!	-102	10.0	-235	-243	3.3	-139	-141	1.7	-102	-102	0.1	-240	-243	1.0
Amortisation & depreciation	-99	-100	0.1	-37	ERROR:#REF!	-38	3.4	-136	-138	1.0	-94	-100	5.9	-42	-38	-9.0	-136	-138	1.3
Total costs	-499	-504	1.0	-221	ERROR:#REF!	-226	2.4	-720	-730	1.4	-493	-504	2.2	-232	-226	-2.7	-726	-730	0.7
Memorandum item:
Efficiency ratio (%)	42.71	39.11	64.73	57.36	47.98	43.50
Efficiency ratio with amortisation & depreciation (%)	52.77	48.73	78.90	68.94	59.03	53.59

/xl/drawings/drawing8.xml#Group!A1

Balance sheet

Group balance sheet
Change
(€ million)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)
Cash, cash balances at central banks and other demand deposits	53,159	41,260	38,093	-28.3	-7.7
Financial assets held for trading and fair value with changes in PL	2,509	4,095	3,769	50.2	-8.0
Financial assets in fair value OCI	7,287	5,802	5,834	-19.9	0.5
Financial assets at amortised cost	175,632	185,045	185,824	5.8	0.4
Loans and advances to customers	157,264	158,730	155,413	-1.2	-2.1
Loans and advances of central banks and credit institutions	3,358	4,863	8,285	146.7	70.4
Debt securities	15,010	21,453	22,126	47.4	3.1
Investments in subsidaries, joint ventures and associates	552	515	432	-21.7	-16.2
Tangible assets	2,719	2,582	2,473	-9.1	-4.2
Intangible assets	2,529	2,484	2,464	-2.6	-0.8
Other assets	8,869	9,596	9,592	8.1	-0.0
Total assets	253,256	251,380	248,480	-1.9	-1.2
Financial liabilities held for trading and fair value with changes in PL	1,684	3,598	3,429	103.6	-4.7
Financial liabilities at amortised cost	236,919	232,530	229,901	-3.0	-1.1
Central banks	37,978	27,844	18,521	-51.2	-33.5
Credit institutions	9,600	11,373	17,304	80.3	52.1
Customer deposits	162,602	164,076	161,567	-0.6	-1.5
Debt securities issued	21,107	22,578	25,878	22.6	14.6
Other financial liabilities	5,632	6,659	6,632	17.8	-0.4
Provisions	689	645	615	-10.7	-4.6
Other liabilities	1,024	1,382	1,390	35.8	0.6
Subtotal liabilities	240,316	238,155	235,335	-2.1	-1.2
Shareholders' equity	13,375	13,841	13,657	2.1	-1.3
Accumulated other comprehensive income	-472	-651	-546	15.9	-16.0
Minority interest	37	34	34	-8.4	-0.0
Net equity	12,940	13,224	13,145	1.6	-0.6
Total liabilities and equity	253,256	251,380	248,480	-1.9	-1.2
Financial guarantees granted	1,991	2,087	1,990	-0.0	-4.6
Commitments for loans granted	28,045	27,461	26,443	-5.7	-3.7
Other commitments granted	7,762	9,674	9,124	17.6	-5.7

/xl/drawings/drawing9.xml#Group!A1

Loans

Loans and advances to customers
Excl. TSB	TSB	Total group
Change	Change	Change
(€ million)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)
Mortgage loans & credits	49,436	49,433	48,903	-1.1	-1.1	41,354	39,907	39,357	-4.8	-1.4	90,790	89,340	88,261	-2.8	-1.2
Other secured loans & credits	2,792	3,000	2,978	6.6	-0.7	538	412	392	-27.1	-4.8	3,331	3,412	3,370	1.2	-1.2
Working capital	5,992	7,489	6,739	12.5	-10.0	0	0	0	--	--	5,992	7,489	6,739	12.5	-10.0
Leasing	2,120	2,227	2,237	5.5	0.5	0	0	0	--	--	2,120	2,227	2,237	5.5	0.5
Unsecured lending and others	50,108	50,872	49,786	-0.6	-2.1	2,401	2,791	2,244	-6.5	-19.6	52,509	53,663	52,029	-0.9	-3.0
Performing gross loans	110,448	113,020	110,643	0.2	-2.1	44,294	43,110	41,993	-5.2	-2.6	154,742	156,130	152,637	-1.4	-2.2
Stage 3 assets (customer)	5,085	4,897	4,948	-2.7	1.0	624	563	576	-7.7	2.2	5,708	5,461	5,524	-3.2	1.2
Accruals	-50	87	107	--	22.9	85	72	67	-20.8	-6.6	35	159	174	--	9.6
Gross loans to customers	115,483	118,005	115,698	0.2	-2.0	45,002	43,745	42,636	-5.3	-2.5	160,485	161,750	158,335	-1.3	-2.1
(excluding repos)	--	--	--	--	--	--
Reverse repos	54	0	120	122.3	--	0	0	-0	--	--	54	0	120	122.3	--
Gross loans to customers	115,537	118,005	115,818	0.2	-1.9	45,002	43,745	42,636	-5.3	-2.5	160,539	161,750	158,454	-1.3	-2.0
NPL and country-risk provisions	-3,050	-2,797	-2,818	-7.6	0.8	-225	-223	-223	-1.1	-0.2	-3,275	-3,020	-3,041	-7.1	0.7
Loans and advances to customers	112,487	115,208	113,000	0.5	-1.9	44,777	43,522	42,413	-5.3	-2.5	157,264	158,730	155,413	-1.2	-2.1

/xl/drawings/drawing10.xml#Group!A1

FuM

Funds under management
Excl. TSB	TSB	Total group
Change	Change	Change
(€ million)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)
Financial liabilities at amortised cost	184,859	181,843	179,783	-2.7	-1.1	52,060	50,687	50,119	-3.7	-1.1	236,919	232,530	229,901	-3.0	-1.1
0	0	0	0	0	0
Non-retail financial liabilities	65,741	58,635	58,093	-11.6	-0.9	9,861	9,755	9,502	-3.6	-2.6	75,602	68,390	67,594	-10.6	-1.2
Central banks	31,464	21,599	13,348	-57.6	-38.2	6,515	6,244	5,172	-20.6	-17.2	37,978	27,844	18,521	-51.2	-33.5
Credit institutions	9,589	11,372	17,303	80.5	52.2	11	2	1	-89.1	-23.1	9,600	11,373	17,304	80.3	52.1
Institutional issues	19,855	20,657	22,443	13.0	8.6	2,537	1,857	2,695	6.2	45.1	22,392	22,514	25,138	12.3	11.7
Other financial liabilities	4,834	5,007	4,999	3.4	-0.2	798	1,652	1,633	104.7	-1.1	5,632	6,659	6,632	17.8	-0.4
0	0
On-balance sheet customer funds	119,118	123,208	121,690	2.2	-1.2	42,199	40,931	40,617	-3.7	-0.8	161,316	164,140	162,307	0.6	-1.1
0	0
Customer deposits	119,934	122,701	120,823	0.7	-1.5	42,668	41,376	40,744	-4.5	-1.5	162,602	164,076	161,567	-0.6	-1.5
Sight accounts	106,279	110,156	106,185	-0.1	-3.6	40,241	37,384	36,439	-9.4	-2.5	146,520	147,540	142,624	-2.7	-3.3
Fixed-term deposits	13,428	12,594	14,194	5.7	12.7	1,958	3,547	4,178	113.4	17.8	15,386	16,141	18,372	19.4	13.8
Repos	174	0	455	162.3	--	461	405	62	-86.6	-84.8	634	405	517	-18.5	27.7
Accruals and derivative hedging adjustments	54	-49	-12	--	-76.4	8	40	66	--	65.7	61	-9	54	-12.0	--
0	0
Debt and other marketable securities	14,797	17,687	19,218	29.9	8.7	2,069	1,413	2,568	24.1	81.7	16,866	19,100	21,786	29.2	14.1
Subordinated liabilities	4,241	3,478	4,092	-3.5	17.7	-0	-0	-0	-27.5	-7.5	4,241	3,478	4,092	-3.5	17.7
0	0	0
On-balance sheet funds	138,973	143,865	144,133	3.7	0.2	44,736	42,789	43,312	-3.2	1.2	183,709	186,654	187,445	2.0	0.4
0	0	0	0	0
Mutual funds	23,848	22,581	22,984	-3.6	1.8	0	0	0	--	--	23,848	22,581	22,984	-3.6	1.8
Managed mutual funds	0	0	0	--	--	0	0	0	--	--	0	0	0	--	--
Dedicated investment companies	1,289	703	638	-50.5	-9.1	0	0	0	--	--	1,289	703	638	-50.5	-9.1
Third-party funds	22,558	21,878	22,345	-0.9	2.1	0	0	0	--	--	22,558	21,878	22,345	-0.9	2.1
0	0	0	0
Managed accounts	3,715	3,532	3,669	-1.2	3.9	0	0	0	--	--	3,715	3,532	3,669	-1.2	3.9
0	0	0	0
Pension funds	3,416	3,182	3,229	-5.5	1.5	0	0	0	--	--	3,416	3,182	3,229	-5.5	1.5
Individual	2,217	2,065	2,097	-5.4	1.6	0	0	0	--	--	2,217	2,065	2,097	-5.4	1.6
Company	1,194	1,112	1,126	-5.6	1.3	0	0	0	--	--	1,194	1,112	1,126	-5.6	1.3
Group	6	5	5	-7.0	1.2	0	0	0	--	--	6	5	5	-7.0	1.2
0	0	0	0
Third-party insurance products	9,645	9,197	9,631	-0.1	4.7	0	0	0	--	--	9,645	9,197	9,631	-0.1	4.7
0	0	0	0
Off-balance sheet customer funds	40,624	38,492	39,513	-2.7	2.7	0	0	0	--	--	40,624	38,492	39,513	-2.7	2.7
0	0	0	0
Funds under management and third-party funds	179,597	182,358	183,646	2.3	0.7	44,736	42,789	43,312	-3.2	1.2	224,333	225,146	226,957	1.2	0.8

/xl/drawings/drawing11.xml#Group!A1

Equity

Group net equity
Change
(€ million)	31.03.22	31.12.22	31.03.23	YoY	QoQ
Shareholders' equity	13,375	13,841	13,657	282	-184
Issued capital	703	703	703	0	0
Reserves	12,467	12,393	12,777	310	384
Other equity	20	22	20	0	-2
Less: treasury shares	-29	-24	-48	-19	-24
Attributable net profit	213	859	205	-8	-654
Less: interim dividends	0	-112	0	0	112
Accumulated other comprehensive income	-472	-651	-546	-75	104
Minority interest	37	34	34	-3	-0
Net equity	12,940	13,224	13,145	204	-80

/xl/drawings/drawing12.xml#Group!A1

NPA exposure and coverage

NPA exposure and coverage
Total group
(€ million)	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Stage 3 exposures	6,210	5,714	5,830	5,814	5,891
Total provisions	3,456	3,159	3,214	3,200	3,219
Stage 3 coverage ratio with total provisions (%)	55.7%	55.3%	55.1%	55.0%	54.6%
Stage 3 exposures	6,210	5,714	5,830	5,814	5,891
Stage 3 provisions	2,560	2,263	2,273	2,292	2,328
Stage 3 coverage ratio (%)	41.2%	39.6%	39.0%	39.4%	39.5%
Problematic RE Assets	1,299	1,277	1,209	1,157	1,117
Provisions	494	499	470	443	429
Problematic Real Estate coverage ratio (%)	38.0%	39.0%	38.9%	38.3%	38.4%
Total problematic assets	7,508	6,991	7,039	6,971	7,008
Provisions	3,950	3,658	3,684	3,644	3,648
Problematic assets coverage (%)	52.6%	52.3%	52.3%	52.3%	52.0%
Gross loans to customers excluding repos + guarantees granted + problematic RE Assets	171,005	174,040	172,594	171,910	168,347
Gross NPA ratio (%)	4.4%	4.0%	4.1%	4.1%	4.2%
Net problematic assets	3,559	3,334	3,355	3,327	3,360
Net NPA ratio (%)	2.1%	1.9%	1.9%	1.9%	2.0%
Net problematic assets as % of total assets	1.4%	1.3%	1.3%	1.3%	1.4%
Excl. TSB
(€ million)	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Stage 3 exposures	5,585	5,132	5,237	5,250	5,314
Total provisions	3,214	2,924	2,979	2,961	2,980
Stage 3 coverage ratio with total provisions (%)	57.6%	57.0%	56.9%	56.4%	56.1%
Stage 3 exposures	5,585	5,132	5,237	5,250	5,314
Stage 3 provisions	2,489	2,190	2,201	2,218	2,248
Stage 3 coverage ratio (%)	44.6%	42.7%	42.0%	42.2%	42.3%
Problematic RE Assets	1,299	1,277	1,209	1,157	1,117
Provisions	494	499	470	443	429
Problematic Real Estate coverage ratio (%)	38.0%	39.0%	38.9%	38.3%	38.4%
Total problematic assets	6,884	6,409	6,447	6,406	6,431
Provisions	3,708	3,423	3,449	3,405	3,409
Problematic assets coverage (%)	53.9%	53.4%	53.5%	53.1%	53.0%
Gross loans to customers excluding repos + guarantees granted + problematic RE Assets	126,003	129,464	129,047	128,164	125,711
Gross NPA ratio (%)	5.5%	5.0%	5.0%	5.0%	5.1%
Net problematic assets	3,176	2,986	2,997	3,002	3,022
Net NPA ratio (%)	2.5%	2.3%	2.3%	2.3%	2.4%
Net problematic assets as % of total assets	1.6%	1.5%	1.4%	1.5%	1.5%
TSB
(€ million)	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Stage 3 exposures	625	582	592	565	577
Total provisions	242	235	235	239	238
Stage 3 coverage ratio with total provisions (%)	38.7%	40.3%	39.7%	42.3%	41.3%
Stage 3 exposures	625	582	592	565	577
Stage 3 provisions	71	73	72	74	79
Stage 3 coverage ratio (%)	11.4%	12.5%	12.1%	13.2%	13.7%
Total problematic assets	625	582	592	565	577
Provisions	242	235	235	239	238
Problematic assets coverage (%)	38.7%	40.3%	39.7%	42.3%	41.3%
Gross loans to customers excluding repos + guarantees granted + problematic RE Assets	45,002	44,575	43,547	43,745	42,636
Gross NPA ratio (%)	1.4%	1.3%	1.4%	1.3%	1.4%
Net problematic assets	383	347	358	326	339
Net NPA ratio (%)	0.9%	0.8%	0.8%	0.7%	0.8%
Net problematic assets as % of total assets	0.7%	0.6%	0.6%	0.6%	0.6%

/xl/drawings/drawing13.xml#Group!A1

Stages

Stages
(€ million)	Stage 1	Stage 2	Stage 3
Gross loans to customers excluding repos and guarantees granted	147,278	14,061	5,891
Change QoQ	-2.2%	-1.9%	1.3%
Provisions	376	515	2,328
% Stage / Total Loans	88.1%	8.4%	3.5%
Coverage group	0.3%	3.7%	39.5%
Coverage excl. TSB	0.3%	4.2%	42.3%

/xl/drawings/drawing14.xml#Group!A1

NPA details

NPA details
Stage 3 ratios by segment
Total group	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Real estate development and/or construction purposes	8.86%	7.77%	8.23%	6.95%	7.30%
Construction purposes non-related to real estate dev.	9.49%	12.04%	11.28%	7.06%	9.17%
Large corporates	2.45%	2.21%	2.00%	2.02%	2.22%
SME and small retailers and self-employed	6.54%	5.84%	6.33%	7.62%	7.87%
Individuals with 1st mortgage guarantee assets	2.47%	2.35%	2.37%	2.08%	2.14%
Stage 3 ratio	3.66%	3.31%	3.40%	3.41%	3.52%
Excl. TSB	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Real estate development and/or construction purposes	8.92%	7.82%	8.29%	6.99%	7.34%
Construction purposes non-related to real estate dev.	9.50%	12.05%	11.29%	7.07%	9.18%
Large corporates	2.45%	2.21%	2.00%	2.02%	2.22%
SME and small retailers and self-employed	6.58%	5.87%	6.37%	7.66%	7.92%
Individuals with 1st mortgage guarantee assets	3.59%	3.42%	3.37%	2.86%	2.92%
Stage 3 ratio	4.48%	4.00%	4.10%	4.13%	4.27%
Evolution of NPLs and RE Assets Group
(€ million)	1Q22	2Q22	3Q22	4Q22	1Q23
Gross entries (stage 3)	640	586	670	978	687
Recoveries and sales	-488	-1,007	-462	-910	-504
Net stage 3 entries	153	-421	208	68	183
Gross entries (foreclosed assets)	16	21	13	17	12
Sales	-79	-43	-81	-70	-52
Change in foreclosed assets	-63	-22	-68	-53	-40
Net stage 3 entries + Change in foreclosed assets	89	-443	140	15	143
Write-offs	-146	-74	-92	-83	-106
Foreclosed assets and stage 3 quarterly change	-56	-517	48	-68	37
Evolution of stage3 and RE Assets excl. TSB
(€ million)	1Q22	2Q22	3Q22	4Q22	1Q23
Gross entries (stage 3)	549	496	528	888	571
Recoveries and sales	-395	-890	-348	-814	-417
Net stage 3 entries	154	-394	179	74	154
Gross entries (foreclosed assets)	16	21	13	17	12
Sales	-79	-43	-81	-70	-52
Change in foreclosed assets	-63	-22	-68	-53	-40
Net stage 3 entries + Change in foreclosed assets	91	-416	112	22	114
Write-offs	-128	-59	-74	-62	-89
Foreclosed assets and stage 3 quarterly change	-37	-475	38	-40	25
Evolution of NPLs and RE Assets TSB
(€ million)	1Q22	2Q22	3Q22	4Q22	1Q23
Gross entries (stage 3)	92	90	142	90	116
Recoveries and sales	-93	-117	-114	-97	-86
Net stage 3 entries	-1	-27	28	-7	30
Gross entries (foreclosed assets)	0	0	0	0	0
Sales	0	0	0	0	0
Change in foreclosed assets	0	0	0	0	0
Net stage 3 entries + Change in foreclosed assets	-1	-27	28	-7	30
Write-offs	-18	-16	-18	-21	-17
Foreclosed assets and stage 3 quarterly change	-19	-42	10	-28	12

/xl/drawings/drawing15.xml#Group!A1

Debt maturities

Debt maturities for the next 12 months
ISIN	Instrument	Date	Size	Coupon
ES0413860448	Covered bonds	5/4/23	250	2.62%
ES0413860554	Covered bonds	10/20/23	950	0.13%
ES0312298096	Covered bonds	10/23/23	100	4.25%
ES0413860521	Covered bonds	1/26/24	550	2.74%
XS1951430138	Covered bonds TSB	2/15/24	853	4.82%
XS1876076040	Senior Preferred	3/7/24	735	1.63%

/xl/drawings/drawing16.xml#Group!A1

Capital ratios

Group total capital ratio (%)
Phase-in	Fully-loaded
(€ million)	31.03.22	31.12.22	31.03.23	31.03.22	31.12.22	31.03.23
Issued capital	703	703	703	703	703	703
Reserves	12,625	12,839	12,694	12,625	12,839	12,694
Deductions	-3,221	-3,465	-3,471	-3,326	-3,556	-3,475
Common Equity Tier 1	10,108	10,078	9,926	10,002	9,986	9,922
CET 1 (%)	12.59%	12.66%	12.78%	12.45%	12.54%	12.78%
Preference shares and other	1,650	1,650	1,750	1,650	1,650	1,750
Primary capital	11,758	11,728	11,676	11,652	11,636	11,672
Tier I (%)	14.64%	14.73%	15.04%	14.51%	14.61%	15.03%
Secondary capital	1,997	1,911	2,375	1,997	1,911	2,375
Tier II (%)	2.49%	2.40%	3.06%	2.49%	2.40%	3.06%
Total capital	13,754	13,638	14,051	13,649	13,547	14,047
Total capital ratio (%)	17.13%	17.13%	18.09%	16.99%	17.01%	18.09%
Risk weighted assets (RWA)	80,303	79,612	77,659	80,326	79,633	77,655
Leverage ratio (%)	5.49%	4.62%	4.72%	5.45%	4.59%	4.71%
CET 1 - BS (non-consolidated basis) (%)	13.47%	13.28%	13.30%
Tier I - BS (non-consolidated basis) (%)	15.51%	15.31%	15.48%
Tier II - BS (non-consolidated basis) (%)	2.38%	2.27%	2.90%
Total capital ratio - BS (non-consolidated basis) (%)	17.88%	17.58%	18.39%
ADIs	2,603	2,920	2,943

/xl/drawings/drawing17.xml#Group!A1

Share

Share
31.03.22	31.12.22	31.03.23
Shareholders and trading
Number of shareholders	224,715	218,610	222,228
Total number of shares (million)	5,627	5,627	5,627
Average daily trading volume (millions shares)	64	41	45
Share price (€ )
Opening session (of the year)	0.592	0.592	0.881
High (of the year)	0.950	0.950	1.334
Low (of the year)	0.565	0.565	0.886
Closing session	0.746	0.881	0.989
Market capitalisation (€ million)	4,170	4,927	5,533
Stock market multiples
Earnings per share (EPS) (€ )	0.10	0.13	0.18
Book value (€ millon )	13,336	13,841	13,728
Book value per share (€ )	2.38	2.47	2.45
Tangible book value (€ millon )	10,781	11,357	11,264
TBV per share (€ )	1.93	2.03	2.01
Price / Tangible book value (times)	0.39	0.43	0.49
Price / Earnings ratio (P/E) (times)	7.35	6.58	5.56

/xl/drawings/drawing18.xml#Group!A1

TSB GBP

TSB (GBP) Index

o TSB Accumulated quarterly results (GBP)

o TSB Quarterly results (GBP)

o TSB Balance sheet (GBP)

o TSB Margin (GBP)

/xl/drawings/drawing19.xml#Index!A1

TSB Accum. quaterly results GBP

Accumulated quarterly results
(in million pounds)	1Q22	1Q23	YoY (%)
Net interest income	226	268	18.2
Net fees and commissions	25	25	-2.7
Core revenues	252	292	16.1
Net trading income and exchange differences	5	7	45.4
Income from equity method and dividends	0	0	--
Other operating income/expense	-10	-10	-6.1
Gross operating income	246	289	17.6
Operating expenses	-159	-166	4.2
Personnel expenses	-74	-76	2.5
Other general expenses	-85	-90	5.7
Amortisation & depreciation	-35	-33	-4.0
Total costs	-194	-200	2.7
Pre-provisions income	52	90	73.1
Provisions for NPLs	-10	-15	54.0
Provisions for other financial assets	0	-2	--
Other impairments	0	0	--
Gains on sale of assets and other results	-0	-0	--
Profit before tax	42	73	73.6
Income tax	-26	-26	-0.1
Minority interest	0	0	--
Attributable net profit	16	47	192.1
Memorandum item:
Core results (NII + net fees and commissions - costs)	58	93	61.3

/xl/drawings/drawing20.xml#'TSB%20GBP'!A1

TSB Quarterly results GBP

Quarterly results
(in million pounds)	1Q22	2Q22	3Q22	4Q22	1Q23	QoQ (%)
Net interest income	226	238	254	264	268	1.3
Net fees and commissions	25	29	34	27	25	-7.5
Core revenues	252	266	287	291	292	0.5
Net trading income and exchange differences	5	-2	7	-5	7	--
Income from equity method and dividends	0	0	0	0	0	--
Other operating income/expense	-10	-8	-8	-56	-10	-82.9
Gross operating income	246	256	286	231	289	25.5
Operating expenses	-159	-159	-163	-160	-166	3.6
Personnel expenses	-74	-74	-76	-79	-76	-4.3
Other general expenses	-85	-85	-87	-81	-90	11.3
Amortisation & depreciation	-35	-35	-32	-32	-33	4.7
Total costs	-194	-194	-195	-192	-200	3.8
Pre-provisions income	52	62	91	38	90	134.9
Provisions for NPLs	-10	-8	-18	-19	-15	-21.6
Provisions for other financial assets	0	-9	-17	-8	-2	-72.0
Other impairments	0	0	0	0	0	--
Gains on sale of assets and other results	-0	0	-0	1	-0	-100.0
Profit before tax	42	45	56	13	73	--
Income tax	-26	-16	-22	-17	-26	50.9
Minority interest	0	0	0	0	0	--
Attributable net profit	16	29	33	-5	47	--
Memorandum item:
Core results (NII + net fees and commissions - costs)	58	72	92	98	93	-5.8

/xl/drawings/drawing21.xml#'TSB%20GBP'!A1

TSB Balance sheet GBP

TSB Balance sheet
Change
(in million pounds)	31.03.22	31.12.22	31.03.23	YoY (%)	QoQ (%)
Cash, cash balances at central banks and other demand deposits	4,937	5,239	5,835	18.2	11.4
Financial assets held for trading and fair value with changes in PL	390	1,160	1,039	166.9	-10.4
Financial assets in fair value OCI	890	510	360	-59.6	-29.4
Financial assets at amortised cost	40,181	41,008	39,738	-1.1	-3.1
Tangible assets	287	287	282	-1.7	-1.7
Intangible assets	73	76	76	4.0	0.0
Other assets	543	1,170	1,117	105.5	-4.5
Total assets	47,300	49,450	48,447	2.4	-2.0
Financial liabilities held for trading and fair value with changes in PL	428	1,252	1,125	162.8	-10.1
Financial liabilities at amortised cost	44,774	45,925	45,038	0.6	-1.9
Provisions	107	125	103	-3.2	-17.2
Other liabilities	115	165	208	80.5	25.9
Subtotal liabilities	45,425	47,468	46,475	2.3	-2.1
Shareholders' equity	1,866	1,948	1,952	4.6	0.2
Accumulated other comprehensive income	9	34	20	113.8	-41.5
Net equity	1,875	1,982	1,972	5.1	-0.5
Total liabilities and equity	47,300	49,450	48,447	2.4	-2.0

/xl/drawings/drawing22.xml#'TSB%20GBP'!A1

TSB Margin GBP

Gains and charges in the quarter TSB
1Q22	2Q22	3Q22	4Q22	1Q23
(in million pounds)	Saldo medio	Tipo %	Rtdos	Saldo medio	Tipo %	Rtdos	Saldo medio	Tipo %	Rtdos	Saldo medio	Tipo %	Rtdos	Saldo medio	Tipo %	Rtdos
Cash and cash equivalents (1)	4,747	0.42	5	4,585	0.90	10	4,401	1.55	17	5,035	2.77	35	5,030	3.76	47
Loans to customers (net)	37,623	2.52	233	37,852	2.58	243	38,015	2.70	259	38,201	2.93	282	37,744	3.19	297
Fixed-income securities	3,192	0.74	6	3,157	1.22	10	3,150	1.87	15	3,068	3.10	24	3,095	4.06	31
Other assets	1,441	0.77	3	1,961	3.02	15	2,551	4.26	27	3,716	4.98	47	3,254	8.37	67
Total assets	47,002	2.13	247	47,555	2.34	278	48,117	2.63	318	50,019	3.08	388	49,123	3.65	442
Financial institutions (2)	5,720	-0.63	-9	5,783	-1.09	-16	5,750	-1.74	-25	6,083	-2.97	-46	5,142	-3.99	-51
Customer deposits	35,404	-0.07	-6	35,193	-0.10	-9	34,942	-0.16	-15	35,348	-0.43	-39	35,528	-0.63	-56
Capital markets	2,514	-1.56	-10	2,600	-2.06	-13	2,557	-2.60	-17	2,466	-3.58	-22	2,807	-4.47	-31
Other liabilities and shareholders' equity	3,364	0.44	4	3,978	-0.24	-2	4,869	-0.68	-8	6,122	-1.14	-18	5,646	-2.65	-37
Total funds	47,002	-0.18	-21	47,555	-0.34	-40	48,117	-0.53	-65	50,019	-0.98	-124	49,123	-1.44	-174
Net interest income	226	238	254	264	268
Customer spread	2.45	2.48	2.54	2.50	2.56
Net interest margin as % of ATA	1.95	2.00	2.10	2.10	2.21

/xl/drawings/drawing23.xml#'TSB%20GBP'!A1

Business Units

Business Units Index

o Summary Business Units

o Spain Business

o UK Business

o Mexico Business

o Exchange rate

/xl/drawings/drawing24.xml#Index!A1

Summary Business Units

Business units
Profit and loss 1Q23
(€ million)	Banking business Spain	Banking business United Kingdom	Banking Business Mexico	Total
Net interest income	752	303	45	1,100
Net fees and commissions	321	28	2	350
Core revenues	1,073	331	46	1,450
Net trading income and exchange differences	-6	7	-1	1
Income from equity method and dividends	31	0	0	31
Other operating income/expense	-157	-11	-4	-172
Gross operating income	941	328	42	1,311
Operating expenses	-388	-188	-17	-593
Amortisation & depreciation	-95	-38	-4	-138
Total costs	-483	-226	-21	-730
Pre-provisions income	458	102	21	581
Total provisions & impairments	-214	-19	-3	-236
Gains on sale of assets and other results	-1	-0	-1	-3
Profit before tax	243	83	16	342
Income tax	-106	-29	-2	-137
Minority interest	-0	0	0	-0
Attributable net profit	137	53	14	205
ROTE	9.5%	11.0%	12.8%	9.9%
Efficiency	39.0%	57.4%	40.8%	43.5%
Efficiency with amortisation & depreciation	48.6%	68.9%	50.9%	53.6%
Stage 3 ratio	4.3%	1.4%	2.5%	3.5%
Stage 3 coverage ratio with total provisions	55.8%	41.3%	69.7%	54.6%
Profit and loss 1Q22
(€ million)	Banking business Spain	Banking business United Kingdom	Banking Business Mexico	Total
Net interest income	556	271	31	858
Net fees and commissions	326	30	3	359
Core revenues	882	301	33	1,217
Net trading income and exchange differences	27	5	0	33
Income from equity method and dividends	59	0	0	59
Other operating income/expense	-7	-12	-4	-23
Gross operating income	961	294	30	1,285
Operating expenses	-385	-191	-15	-590
Amortisation & depreciation	-91	-42	-3	-136
Total costs	-476	-232	-18	-726
Pre-provisions income	485	62	12	560
Total provisions & impairments	-218	-11	3	-227
Gains on sale of assets and other results	-10	-0	-3	-13
Profit before tax	257	50	12	320
Income tax	-59	-31	-3	-93
Minority interest	13	0	0	13
Attributable net profit	184	19	10	213
ROTE	7.2%	3.6%	7.9%	6.5%
Efficiency	42.5%	64.7%	49.0%	48.0%
Efficiency with amortisation & depreciation	52.6%	78.9%	58.8%	59.0%
Stage 3 ratio	4.6%	1.4%	2.3%	3.7%
Stage 3 coverage ratio with total provisions	57.3%	38.7%	71.6%	55.7%
Balance sheet 1Q23
(€ million)	Banking business Spain	Banking business United Kingdom	Banking Business Mexico	Total
Total assets	186,941	55,127	6,411	248,480
Performing gross loans	106,524	41,993	4,119	152,637
RE exposure	688	0	0	688
Subtotal liabilities	176,757	52,740	5,838	235,335
On-balance sheet customer funds	118,177	40,617	3,513	162,307
Capital markets wholesale funding	20,734	3,697	0	24,431
Equity	10,185	2,387	573	13,145
Off-balance sheet customer funds	39,513	0	0	39,513
Balance sheet 1Q22
(€ million)	Banking business Spain	Banking business United Kingdom	Banking Business Mexico	Total
Total assets	192,156	55,978	5,121	253,256
Performing gross loans	106,687	44,294	3,762	154,742
RE exposure	805	0	0	805
Subtotal liabilities	182,368	53,371	4,576	240,316
On-balance sheet customer funds	116,670	42,199	2,448	161,316
Capital markets wholesale funding	18,707	2,955	0	21,662
Equity	9,789	2,607	545	12,940
Off-balance sheet customer funds	40,624	0	0	40,624

/xl/drawings/drawing25.xml#'Business%20Units'!A1

List

Orden	Anglès	Castellà
1	1	2
2	(€'000)	(en miles de € )
3	Gross entries (foreclosed assets)	Entradas brutas (activos adjudicados)
4	3Q21 (1)	3T21 (1)
5	1Q23	1T23
6	1H23	1S23
7	9M23	9M23
8	FY23	2023
9	1Q21	1T21
10	1H21	1S21
11	9M21	9M21
12	FY21	2021
13	1Q22	1T22
14	1H22	1S22
15	9M22	9M22
16	FY22	2022
17	2Q23	2T23
18	3Q23	3T23
19	4Q23	4T23
20	2Q21	2T21
21	3Q21	3T21
22	4Q21	4T21
23	2Q22	2T22
24	3Q22	3T22
25	4Q22	4T22
26	1st Quarter	1r trimestre
27	2nd Quarter	2º trimestre
28	3rd Quarter	3r trimestre
29	4th Quarter	4º trimestre
30	Core revenues	Margen básico
31	Credit cost of risk (bps)	Cost of risk de crédito (pbs)
32	Interest and related income	Intereses y rendimientos asimilados
33	Interest and related charges	Intereses y cargas asimiladas
34	Net interest income	Margen de intereses
35	Dividend income	Rendimiento de instrumentos de capital
36	Income from equity method	Resultados entidades valoradas método participación
37	Net fees and commissions	Comisiones netas
38	Results from financial transactions (net)	Resultados de las operaciones financieras (neto)
39	Foreign exchange (net)	Diferencias de cambio (neto)
40	Other operating income/expense	Otros productos y cargas de explotación
41	Gross operating income	Margen bruto
42	Personnel expenses	Gastos de personal
43	Recurrent	Recurrentes
44	Non-recurrent	No recurrentes
45	Other general expenses	Otros gastos generales de administración
46	Amortisation & depreciation	Amortización
47	Pre-provisions income	Margen antes de dotaciones
48	Provisions for NPLs	Dotaciones para insolvencias
49	Gains on sale of assets and other results	Plusvalías por venta de activos y otros resultados
50	Badwill	Fondo de comercio negativo
51	Profit before tax	Resultado antes de impuestos
52	Income tax	Impuesto sobre beneficios
53	Consolidated net profit	Resultado consolidado del ejercicio
54	Minority interest	Resultado atribuido a intereses minoritarios
55	Attributable net profit	Beneficio atribuido al grupo
56	Pro memoria:	Promemoria:
57	Average total assets (€ million)	Activos totales medios (millones de € )
58	Earnings per share (€ )	Beneficio por acción (€ )
59	Avge. balance	Saldo medio
60	Rate %	Tipo %
61	Results	Resultados
62	Dec 21	Dic 21
63	Loans to customers (net)	Crédito a la clientela (neto)
64	Fixed-income securities	Cartera de renta fija
65	Subtotal	Subtotal
66	Equity securities	Cartera de renta variable
67	Tang. & intang. assets	Activo material e inmaterial
68	Other assets	Otros activos
69	Total	Total
70	Price / Book value (times)	P/VC (valor de cotización s/ valor contable)
71	Customer deposits	Depósitos de la clientela
72	Capital markets	Mercado de capitales
73	Repos	Cesiones de la cartera de renta fija
74	Other liabilities	Otros pasivos
75	Shareholders' equity	Recursos propios
76	Customer spread	Margen de clientes
77	Net interest margin as % of ATA	Margen de intereses sobre ATM
78	Customer loan yield	Rendimiento créditos a la clientela
79	Cost of customer funds	Coste depósitos de la clientela
80	Lending fees	Operaciones de activo
81	Guarantees commissions	Avales y otras garantías
82	Transferred to other entities	Cedidas a otras entidades
83	Risk transaction fees	Comisiones derivadas de operaciones de riesgo
84	Cards	Tarjetas
85	Payment orders	Órdenes de pago
86	Securities	Valores
87	Sight accounts	Cuentas a la vista
88	Other transactions	Resto
89	Commissions for services	Comisiones de servicios
90	Mutual funds	Fondos de inversión
91	Pension funds and insurance brokerage	Comercialización de fondos de pensiones y seguros
92	Mutual and pension fund and insurance commissions	Comisiones de fondos de inversión, de pensiones y seguros
93	IT and communications	Tecnología y comunicaciones
94	Advertising	Publicidad
95	Premises and office supplies	Inmuebles, instalaciones y material de oficina
96	Contributions and taxes	Contribuciones e impuestos
97	Others	Otros
98	Cash, cash balances at central banks and other demand deposits	Efectivo, saldos en efectivo en bancos centrales y otros depósitos a la vista
99	Trading and derivatives portfolios and other financial assets	Cartera de negociación, derivados y otros activos financieros
100	Available-for-sale financial assets	Activos financieros disponibles para la venta
101	Loans and receivables	Préstamos y partidas a cobrar
102	Loans and advances of central banks and credit institutions	Préstamos y anticipos a bancos centrales y entidades de crédito
103	Debt securities	Valores representativos de deuda
104	Investments in subsidaries, joint ventures and associates	Inversiones en negocios conjuntos y asociadas
105	Tangible assets	Activos tangibles
106	Intangible assets	Activos intangibles
107	Total assets	Total activo
108	Financial liabilities held for trading and fair value with changes in PL	Pasivos financieros mantenidos para negociar y a valor razonable con cambios en resultados
109	Financial liabilities at amortised cost	Pasivos financieros a coste amortizado
110	Central banks	Depósitos de bancos centrales
111	Credit institutions	Depósitos de entidades de crédito
112	Subordinated liabilities	Pasivos subordinados
113	Other financial liabilities	Otros pasivos financieros
114	Assets covered under insurance and reinsurance contracts	Pasivos amparados por contratos de seguros o reaseguro
115	Provisions	Provisiones
116	Subtotal liabilities	Total pasivo
117	Shareholders' equity	Fondos propios
118	Accumulated other comprehensive income	Otro resultado global acumulado
119	Minority interest	Intereses de minoritarios
120	Net equity	Patrimonio neto
121	Total liabilities and equity	Total patrimonio neto y pasivo
122	Contingent risks	Riesgos contingentes
123	Contingent liabilities	Compromisos contingentes
124	Total memorandum accounts	Total cuentas de orden
125	Mortgage loans & credits	Préstamos y créditos con garantía hipotecaria
126	Other secured loans & credits	Préstamos y créditos con otras garantías reales
127	Working capital	Crédito comercial
128	Other loans	Resto de préstamos
129	Other credits	Resto de créditos
130	Leasing	Arrendamiento financiero
131	Unsecured lending and others	Deudores a la vista y varios
132	Non-performing loans	Activos dudosos
133	Accruals	Ajustes por periodificación
134	Gross loans to customers,	Inversión crediticia bruta de clientes sin adquisición
135	excluding repos	temporal de activos
136	Reverse repos	Adquisición temporal de activos
137	Gross loans to customers	Inversión crediticia bruta de clientes
138	NPL and country-risk provisions	Fondo de provisiones para insolvencias y riesgo-país
139	Pro memoria: total securitisation	Promemoria: Total titulizaciones
140	Mortgage backed	Activos hipotecarios titulizados
141	Other securitised assets	Otros activos titulizados
142	Of which: securitised after 01.01.04	De los que: titulizaciones posteriores a 01.01.04
143	Gross loans and advances to customers, excluding repos	Inversión crediticia bruta de clientes sin adquisición temporal de activos
144	(€ million)	(en millones de € )
145	Net stage 3 entries	Entrada neta ordinaria (stage 3)
146	Change in foreclosed assets	Variación activos adjudicados
147	Net stage 3 entries + Change in foreclosed assets	Entrada neta ordinaria (stage 3) + Variación activos adjudicados
148	Write-offs	Fallidos
149	Foreclosed assets and stage 3 quarterly change	Variación trimestral de stage 3 y activos adjudicados
150	Stage 3 ratio (%)	Ratio stage 3 (%)
151	On-balance sheet customer funds	Recursos de clientes en balance
152	Customer deposits	Depósitos de clientes
153	Sight accounts	Cuentas a la vista
154	Savings accounts	Cuentas de ahorro
155	Fixed-term deposits	Depósitos a plazo
156	Repos	Cesión temporal de activos
157	Derivative hedging adjustments	Ajustes por cobertura con derivados
158	Debt and other marketable securities	Empréstitos y otros valores negociables
159	On-balance sheet funds	Recursos en balance
160	Equity funds	FI de renta variable
161	Balanced funds	FI mixtos
162	Fixed-income funds	FI de renta fija
163	Guaranteed return funds	FI garantizado
164	Real estate funds	FI inmobiliario
165	Dedicated investment companies	Sociedades de inversión
166	Third-party funds	IIC comercializadas no gestionadas
167	Managed accounts	Gestión de patrimonios
168	Pension funds	Fondos de pensiones
169	Individual	Individuales
170	Company	Empresas
171	Group	Asociativos
172	Third-party insurance products	Seguros comercializados
173	Funds under management and third-party funds	Recursos gestionados y comercializados
174	Issued capital	Capital
175	Reserves	Reservas
176	Other equity	Otros elementos de patrimonio neto
177	Less: treasury shares	Menos: acciones propias
178	Less: interim dividends	Menos: dividendos a cuenta
179	Mandatory convertible bonds	Obligaciones convertibles en acciones
180	Deductions	Deducciones
181	Common Equity Tier 1	Recursos Common Equity Tier 1
182	Common Equity Tier 1 (%)	Common Equity Tier 1 (%)
183	Preference shares and deductions	Acciones preferentes y deducciones
184	Primary capital	Recursos de primera categoría
185	Tier I - BS (non-consolidated basis) (%)	Tier I individual (%)
186	Secondary capital	Recursos de segunda categoría
187	Tier II - BS (non-consolidated basis) (%)	Tier II individual (%)
188	Total capital	Base de capital
189	Minimum capital requirement	Recursos mínimos exigibles
190	Capital surplus	Excedentes de recursos
191	Total capital ratio (%)	Ratio total de capital (%)
192	Risk weighted assets (RWA)	Activos ponderados por riesgo (APR)
193	Agency	Agencia
194	Date	Fecha
195	Long term	Largo Plazo
196	Short term	Corto plazo
197	Outlook	Perspectiva
198	Strength	Fortaleza
199	Positive	Positiva
200	Stable	Estable
201	Negative	Negativa
202	Gross operating	Margen
203	income	bruto
204	Profit	Beneficio
205	before	antes de
206	tax	impuestos
207	Average	Activos
208	total	totales
209	assets	medios
210	ROE	ROE
211	Gross
212	Cost /
213	income	Ratio de
214	ratio	eficiencia
215	(€'000)	(miles de € )
216	Employees	Empleados
217	Domestic	Oficinas
218	branches	nacionales
219	Commercial banking	Banca Comercial
220	Corporate banking	Banca Corporativa
221	Private Banking	Banca Privada
222	Investment management	Gestión de Inversiones
223	Asset Transformation	Transformación de Activos
224	Total	Suma
225	Shareholders and trading	Accionistas y contratación
226	Number of shareholders	Número de accionistas
227	Average number of shares (million)	Número de acciones medias (en millones)
228	Average daily trading volume (millions shares)	Contratación media diaria (millones de acciones)
229	Share price (€ )	Valor de cotización (€ )
230	Opening session (of the year)	Inicio del año
231	High (of the year)	Máxima del año
232	Low (of the year)	Mínima del año
233	Closing session	Cierre del periodo
234	Gains and charges in the quarter TSB	Rendimientos y cargas TSB
235	Stock market multiples	Ratios bursátiles
236	Earnings per share (EPS) (€ )	Beneficio neto atribuido por acción (BPA) (€ )
237	Book value per share (€ )	Valor contable por acción (€ )
238	Price / Tangible book value (times)	P/TBV (valor de cotización s/ valor contable tangible)
239	Price / Earnings ratio (P/E) (times)	PER (valor de cotización / BPA)
240	Including conversion of	Considerando la conversión de obligaciones
241	convertible bonds:	necesariamente convertibles en acciones:
242	Fully diluted number of shares including	Número de acciones totales incluyendo las
243	conversion of convertible bonds	resultantes de la conversión
244	US GDP	PIB EEUU
245	Euro area GDP	PIB zona euro
246	US official interest rate	Tipo de interés oficial EEUU
247	Euro area official interest rate	Tipo de interés oficial zona euro
248	Balance sheet (€ million)	Balance (millones de € )
249	Of which: Customer funds	De los que: Recursos de clientes en balance
250	Pension funds and third-party insurance products	Fondos de pensiones y seguros comercializados
251	Profit and loss account (€ million)	Cuenta de resultados (millones de € )
252	Ratios (%)	Ratios (%)
253	ROA	ROA
254	Efficiency	Eficiencia
255	Cost / income ratio excluding non-recurrent expenses	Eficiencia sin gastos no recurrentes
256	Risk management	Gestión del riesgo
257	Non-performing loans (€ '000)	Riesgos morosos (miles de € )
258	NPL ratio excluding reclassifications (%)	Ratio de morosidad sin reclasificaciones (%)
259	Reserves for NPLs and real estate (€000)	Fondos para insolvencias y cobertura de inmuebles (miles de € )
260	Overall coverage ratio (%)	Ratio de cobertura global (%)
261	Share data (period end)	Accionistas y acciones (datos a fin de período)
262	Other data	Otros datos
263	Branches	Oficinas
264	Main Figures	Principales magnitudes
265	Accumulated quarterly results	Resultados trimestrales acumulados
266	Quarterly results	Resultados trimestrales simples
267	Yields	Rendimiento medio
268	Average cost	Coste medio
269	Commissions	Comisiones
270	Expenses	Gastos
271	Group balance sheet	Balance grupo
272	Loans and advances	Inversión crediticia
273	Funds under management	Recursos
274	Business units	Unidades de negocio
275	Share	Acción
276	Idioma / Language	Idioma / Language
277	Print	Imprimir
278	All documents	Todos los documentos
279	TSB Balance sheet	TSB Balance
280	Go to	Ir a
281	Pro forma	Proforma
282	Income from dividends	Ingresos por dividendos
283	Customer spread	Margen de clientes
284	Total assets	Total activos
285	Total funds	Total recursos
286	Stage 3 coverage ratio (%)	Ratio de cobertura stage 3 (%)
287	Stage 3 exposures (€ million)	Riesgos stage 3 (millones de € )
288	Provisions for NPLs and foreclosed properties	Provisiones para insolvencias e inmuebles adjudicados
289	available for sale (€ '000)	disponibles para la venta (miles de € )
290	Restated	Reexpresado
291	RuR Up*	RuR Up*
292	*Under Review Negative.	*Under Review Negative: bajo revisión negativa.
293	Profitability and efficiency ratios (%)	Rentabilidad y eficiencia (%)
294	Risk management	Gestión del riesgo
295	Brokered loans	Créditos mediación
296	Adjusted net loans and advances	Crédito neto ajustado
297	Loan-to-deposits ratio	Loan to deposits ratio
298	Covered bonds	Cédulas hipotecarias
299	GGB	Emisiones avaladas
300	Senior Debt	Deuda senior
301	Subordinated Debt	Subordinadas
302	Other mid- and long-term financial instruments	Otros instrumentos financieros a M y LP
303	Total	Total
304	Outstanding	Saldo
305	balance	vivo
306	Deposits	Depósitos
307	Retail isssues	Emisiones retail
308	Repos	Repos
309	ICO funding	Financiación ICO
310	Wholesale funding	Mercado mayorista
311	ECB	BCE
312	Total	Total financiación
313	Covered bonds	Cédulas hipotecarias
314	ECP + Yankee DC	Pagarés + Yankee CD
315	Securitisation	Titulizaciones
316	GGB	Deuda avalada
317	Total emisiones institucionales	Total emisiones institucionales
318	Dec 21	Dec-21
319	Real estate development and/or construction purposes	Promoción y construcción inmobiliaria
320	Construction purposes non-related to real estate dev.	Construcción no inmobiliaria
321	Large corporates	Empresas
322	SME and small retailers and self-employed	Pymes y autónomos
323	Individuals with 1st mortgage guarantee assets	Particulares con garantía de la primera hipoteca
324	Stage 3 ratio	Ratio stage 3
325	QoQ	intertrimestral
326	to customers (excluding repos	temporal de activos (sin activos dudosos)
327	and accrual adjustments)	ni ajustes por periodificación)
328	Change YoY (%)	Var. interanual (%)
329	Excl. TSB	Ex TSB
330	Memorandum item:	Promemoria:
331	(excluding TSB)	(ex TSB)
332	Performing gross loans	Inversión crediticia bruta de clientes sin adquisición
333	Stage 3 exposures	Riesgos stage 3
334	Total group	Total grupo
335	Risk transaction	Comisiones derivadas de
336	fees	operaciones de riesgo
337	Mutual and pension fund and	Comisiones de fondos de inversión,
338	insurance commissions	de pensiones y seguros
339	Pension funds and	Comercialización de fondos
340	insurance brokerage	pensiones y seguros
341	Financial assets held for trading and fair value with changes in PL	Activos financieros mantenidos para negociar y a valor razonable con cambios en resultados
342	Total recurrent operating expenses	Total gastos recurrentes
343	Gross loans to customers	Inversión crediticia bruta de clientes sin
344	customers (excluding repos	adquisición temporal de activos (sin
345	(NPLs and accrual	activos dudosos ni ajustes por
346	adjustments)	periodificación)
347	to customers (excluding repos)	adquisición temporal de activos
348	Customer spread excl. TSB	Margen de clientes ex TSB
349	Net interest margin as % of ATA excl. TSB	Margen de intereses sobre ATM ex TSB
350	Customer loan yield excl. TSB	Rendimiento créditos a la clientela ex TSB
351	Cost of customer funds excl. TSB	Coste depósitos de la clientela ex TSB
352	excluding repos and	temporal de activos (sin activos dudosos ni
353	accrual adjustments)	ajustes por periodificación)
354	Net extraordinary impacts	Impactos extraordinarios netos
355	Off-balance sheet customer funds	Total recursos fuera de balance
356	Average number of shares (million)	Número de acciones medias (millones)
357	conversion of convertible bonds (million)	resultantes de la conversión (millones)
358	Average total assets (€ million)	Activos totales medios (millones de € )
359	Earnings per share (€ )	Beneficio por acción (€ )
360	Income from equity method and dividends	Resultados método participación y dividendos
361	Net fees and commissions	Comisiones netas
362	Results from financial transactions (net)	Resultados de les operaciones financieras (neto)
363	Foreign exchange (net)	Diferencias de cambio (neto)
364	Other operating income/expense	Otros productos y cargas de explotación
365	Personnel expenses	Gastos de personal
366	Non-recurrent	No recurrentes
367	Other general expenses	Otros gastos generales de administración
368	Provisions for NPLs and other impairments	Provisiones para insolvencias y otros deterioros
369	Gains on sale of assets	Plusvalías por venta de activos
370	Badwill	Fondo de comercio negativo
371	Income tax	Impuesto sobre beneficios
372	Minority interest	Resultado atribuido a intereses minoritarios
373	(€'000)	(en miles de € )
374	(€ million)	(en millones de € )
375	Loans and advances to customers	Préstamos y anticipos a la clientela
376	Market capitalisation (€ million)	Capitalización bursátil (millones de € )
377	% Stage / Total Loans	% Stage s/ Total inversión
378	Other impairments	Otras dotaciones y deterioros
379	Capital management	Gestión del capital
380	Liquidity management (%)	Gestión de la liquidez (%)
381	Clients	Clientes
382	Gross entries (stage 3)	Entradas brutas (stage 3)
383	Recoveries and sales	Recuperaciones y ventas
384	Leverage ratio (%)	Leverage ratio (%)
385	Sight Accounts	Cuentas a la vista
386	Term accounts / Fix term deposits	Cuentas a plazo / Depósitos a tipo fijo
387	Ofex inv. / Foreign S.	Inver. Ofex / Filiales / F.extranjeras
388	Others	Resto
389	Mar 23 % RWA	Mar 23 % APR
390	Mar 23 % LRE	Mar 23 % LRE
391	Loans Excl. NPL (1)	Inversión sin dudosos (1)
392	NPL	Dudosos
393	Coverage ratio	Ratio de cobertura
394	Accumulated December	Acumulado diciembre
395	Off-balance sheet customer funds	Recursos fuera de balance
396	Customer Deposits	Depósitos de la clientela
397	Franchise Lending	Préstamos franquicia
398	Mortgage Enhancement	Mejoras hipotecarias
399	Customer Lending	Crédito a la clientela
400	Net interest income	Margen de intereses
401	Other income	Otros ingresos
402	Total income	Margen bruto
403	Operating expenses	Gastos de administración
404	Impairment	Deterioros
405	Franchise management profit / (loss)	Beneficio (Pérdida) franquicia
406	Group management profit	Beneficio del grupo
407	Change QoQ	Variación QoQ
408	ExTSB Jun-21	ExTSB Jun-21
409	(in thousands pounds)	(en miles de GBP)
410	Total capital ratio - BS (non-consolidated basis) (%)	Ratio total de capital individual (%)
411	Performing gross loans to customers (excluding repos and accrual adjustments)):	Inversión crediticia bruta de clientes sin adquisición temporal de activos (sin activos dudosos ni ajustes por periodificación):
412	On-balance sheet customer funds:	Recursos de clientes en balance:
413	Recurrent expenses	Gastos recurrrentes
414	Non-recurrent expenses	Gastos no recurrentes
415	Addition of TSB	Incorporación de TSB
416	Movements reflected in the income statement (*)	Movimientos con reflejo en resultados de insolvencias (*)
417	Movements not reflected in impairment losses	Movimientos sin reflejo en resultados de insolvencias
418	Utilization of provisions	Utilización de provisiones constituidas
419	Other movements (**)	Otros movimientos (**)
420	Adjustments for exchange differences	Ajustes por diferencias de cambio
421	Operating expenses	Gastos de explotación
422	Profit and loss 1Q22	Cuenta de resultados 1T22
423	Profit and loss 1Q23	Cuenta de resultados 1T23
424	Balance sheet 1Q22	Balance 1T22
425	Balance sheet 1Q23	Balance 1T23
426	ExTSB Mar-22	ExTSB Mar-22
427	Group Dec-22	Grupo Dic-22
428	Group Mar-23	Grupo Mar-23
429	Standard risks	Normal
430	Of which: stage 3	Del que: stage 3
431	Doubtful risks	Dudosos
432	Public sector	Administraciones Públicas
433	Companies and self employed	Empresas y autónomos
434	Of which: Financing for construction and real estate development	Del que: Financiación a la construcción y promoción
435	Individuals	Particulares
436	Provisions	Provisiones
437	Unsecured	Sin garantía hipotecaria
438	Morgage security	Con garantía hipotecaria
439	Finished buildings	Edificios terminados
440	Housing	Vivienda
441	Rest	Resto
442	Buildings under construction	Edificios en construcción
443	Land	Suelo
444	Building land	Terrenos urbanizados
445	Other land	Resto del suelo
446	Loans: gross amount	Crédito: importe bruto
447	Real estate assets deriving from financing of construction and real estate development	Activos inmobiliarios procedentes de financiaciones destinadas a la construccion y promoción inmobiliaria
448	Real estate assets deriving from home loan mortgages	Activos inmobiliarios procedentes de financiaciones hipotecarias a hogares para adquisición de vivienda
449	Real estate assets acquired in discharge of debts	Resto de activos inmobiliarios recibidos en pago de deudas
450	Equity instruments of companies holding foreclosed assets or acquired in discharge of debts	Instrumentos de capital de entidades tenedoras de activos inmobiliarios adjudicados o recibidos en pago de deudas
451	Total real-estate portfolio	Total cartera de inmuebles
452	(*) Financing to non-consolidated investees is included in the first table in this note.	(*) La financiación a sociedades participadas que no consolidan está incluida en el primero de los cuadros de la presente nota.
453	Carrying Value net	Valor contable neto
454	Of which: Coverage	Del que: Cobertura
455	Total costs	Total costes
456	Watch Negative	Watch Negativo
457	Preferred Shares and convertible bonds	Acciones preferentes y obligaciones convertibles
458	Banking business Spain	Negocio bancario España
459	Real Estate asset transformation	Transformación de activos inmobiliarios
460	Banking business United Kingdom	Negocio bancario Reino Unido
461	Group total capital ratio (%)	Ratio total de capital grupo (%)
462	Corporates	Empresas
463	SMEs	Pymes
464	Individual borrowers	Particulares
465	Public authorities	Administraciones públicas
466	Real estate development	Promoción
467	Others	Otros
468	Finished buildings	Edificios terminados
469	Land	Terrenos
470	Under construction	En construcción
471	Finished product	Producto acabado
472	Profit / (loss) before taxes	Resultado contable antes de impuestos
473	Domestic tax rate (30%)	Tipo impositivo nacional (30%)
474	Ingresos no gravados (diferencia negativa de consolidación)	Ingresos no gravados (diferencia negativa de consolidación)
475	Diferencia tasa efectiva sociedades en extranjero	Diferencia tasa efectiva sociedades en extranjero
476	Reserva de capitalización/Deducciones generadas/Gastos no deducibles	Reserva de capitalización/Deducciones generadas/Gastos no deducibles
477	Income subject to lower tax rates (dividends and international source income)	Ingresos con menor tasa fiscal (dividendos y renta fuente internacional)
478	Income associates entities	Ingresos entidades asociadas
479	Rest	Resto
480	Corporate income tax expense	Gasto por impuesto sociedades
481	Effective tax rate	Tipo impositivo efectivo
482	Mar 21	Mar 21
483	Jun 21	Jun 21
484	Sep 21	Sep 21
485	Change	Variación
486	Share price (€ )	Valor de cotización (€ )
487	Market capitalisation (€ million)	Capitalización bursátil (millones € )
488	Earnings per share (EPS) (€ )	Beneficio neto atribuido por acción (BPA) (€ )
489	Book value per share (€ )	Valor contable por acción (€ )
490	Institutional investors	Inversores institucionales
491	Retail shareholders	Accionistas minoristas
492	Change YoY:	Variación YoY:
493	Change QoQ:	Variación QoQ:
494	Change monthly:	Variación mensual:
495	Change excl. TSB QoQ:	Variación Ex TSB QoQ:
496	Change excl. TSB YoY:	Variación Ex TSB YoY:
497	Recurrent:	Recurrente:
498	at constant FX	a tipo constante
499	Volumes	Volúmenes
500	Yield	Rendimiento
501	Calendar days	Número de días
502	FX impact	Efecto divisa
503	Mar 22	Mar 22
504	Jun 22	Jun 22
505	Sep 22	Sep 22
506	Dec 22	Dic 22
507	Exchange rate	Tipo de cambio
508	Evolution of net interest income	Evolución margen de intereses
509	Accum.	Acum.
510	in GBP	en GBP
511	Other Off-Balance (1)	Otros recursos fuera de balance (1)
512	Asset Mgmt	Gestión de activos
513	Lending	Inversión
514	Services	Servicios
515	Wealth management	Gestión patrimonios
516	Recurrent	Recurrente
517	Non recurrent	No recurrente
518	NPA provisions	Dotaciones carteras
519	Asset Under Management commissions	Comisiones de gestión de activos
520	Total group (*)	Total grupo (*)
521	(*) Change on performing gross loans.	(*) Variación sobre la inversión crediticia bruta viva.
522	Excl. TSB (*)	Ex TSB (*)
523	(*) Change on on-balance sheet customer funds.	(*) Variación sobre los recursos de clientes en balance.
524	Others (1)	Otros (1)
525	Income from equity method	Resultados método participación
526	Efficiency with amortisation & depreciation	Eficiencia con amortización
527	Operating expenses and amortisation	Gastos de explotación y amortización
528	Custodian mutual and pension funds	Depositaría FI y FP
529	(excluding repos)	adquisición temporal de activos
530	balances with financial institutions	depósitos en entidades de crédito
531	Venture capital funds	FI de capital riesgo
532	Accruals and derivative hedging adjustments	Ajustes por periodificación y cobertura con derivados
533	Subordinated debt	Deuda subordinada
534	Maturities	Vencimientos
535	New issues	Nuevas emisiones
536	1Q21 one-offs	1T21 one-offs
537	Managed mutual funds	FI gestionados
538	Accumulated other comprehensive income	Otro resultado global acumulado
539	Problematic Real Estate coverage ratio (%)	Ratio de cobertura de inmuebles problemáticos (%)
540	Stage 3 assets	Activos stage 3
541	Problematic assets coverage	Ratio de cobertura de activos problemáticos
542	Problematic RE Assets	Activos inmobiliarios problemáticos
543	Total problematic assets	Total activos problemáticos
544	Problematic assets coverage (%)	Ratio de cobertura de activos problemáticos (%)
545	Stage 3 coverage ratio with total provisions	Ratio de cobertura stage 3 con total provisiones
546	2nd Quarter	2o trimestre
547	Performing gross loans	Inversión crediticia bruta viva
548	Provisions for NPLs and other impairments	Dotaciones a insolvencias y otras dotaciones y deterioros
549	Provisions for other financial assets	Dotaciones a otros activos financieros
550	Institutional issues	Emisiones institucionales
551	Non-retail financial liabilities	Pasivos financieros sin naturaleza minorista
552	Other financial corporations and individual entrepreneurs (financial business activity)	Otras sociedades financieras y empresarios individuales (actividad empresarial financiera)
553	Non financial corporations and individual entrepreneurs (non-financial business activity)	Sociedades no financieras y empresarios individuales (actividad empresarial no financiera)
554	Construction and real estate development (including land)	Construcción y promoción inmobiliaria (incluido suelo)
555	Construction of civil works	Construcción de obra civil
556	Other purposes	Resto de finalidades
557	Large companies	Grandes empresas
558	SMEs and sole proprietors	Pymes y empresarios individuales
559	Rest of households	Resto de hogares
560	Properties	Viviendas
561	Consumption	Consumo
562	Other purposes	Otros fines
563	Less: Specific allowances for the impairment of assets not charged to specfic operations	Menos: Correcciones de valor por deterioro de activos no imputadas a operaciones concretas
564	Of which: mortgage loans	De los cuales: garantía inmobiliaria
565	Of which: other collaterised loans	De los cuales: resto de garantías reales
566	Less than or equal to 40%	Inferior o igual al 40%
567	Greater than 40% or equal to 60%	Superior al 40% e inferior o igual al 60%
568	Greater than 60% and less than or equal to 80%	Superior al 60% e inferior o igual al 80%
569	Greater than 80% and less than or equal to 100%	Superior al 80% e inferior o igual al 100%
570	Greater than 100%	Superior al 100%
571	Collaterised loans. Carrying amount over last available appraisal. Loan to value	Préstamos con garantía real. Importe en libros sobre importe de la última tasación disponible. Loan to value
572	MEMORANDUM ITEM Refinancing, refinanced and restructured operations.	PROMEMORIA Operaciones de refinanciación, refinanciadas y reestructuradas
573	Finished buildings	Edificios y otras construcciones terminados
574	Buildings and others under construction	Edificios y otras construcciones en construcción
575	Building land	Suelo urbano consolidado
576	Other land	Resto de terrenos
577	Other foreclosed real estate assets or received in discharge of debts	Resto de activos inmobiliarios adjudicados o recibidos en pago de deudas
578	Foreclosed equity instruments or received in discharge of debts	Instrumentos de capital adjudicados o recibidos en pago de deudas
579	Equity instruments of entities holding foreclosed real estate assets or received in discharge of debts	Instrumentos de capital de entidades tenedoras de activos inmobiliarios adjudicados o recibidos en pago de deudas
580	Financing to entities holding foreclosed real estate assets or received in discharge of debts	Financiación a entidades tenedoras de activos inmobiliarios adjudicados o recibidos en pago de deudas
581	Gross amount	Importe en libros bruto
582	Allowances for losses	Correcciones de valor
583	Movements reflected in provisions for NPLs	Movimientos con reflejo en resultados de insolvencias
584	Movements not reflected in provisions for NPLs	Movimientos sin reflejo en resultados de insolvencias
585	Utilisation of provisions	Utilización de provisiones constituidas
586	Other movements (*)	Otros movimientos (*)
587	Initial balance	Saldo Inicial
588	Final balance	Saldo Final
589	Debt securities issued	Valores representativos de deuda emitidos
590	(1) Includes pension funds, third-party insurance products and managed accounts.	(1) Incluye fondos de pensiones, seguros comercializados y gestión de patrimonios.
591	Shows the % of stage 3 exposures covered by stage 3 provisions. Calculated using the ratio between the stage 3 allowance of loans and advances to customers (including stage 3 allowances for guarantees granted) / total stage 3 exposures (including stage 3 guarantees granted).	Muestra el porcentaje de riesgos stage 3 que está cubierto por provisiones stage 3. Su cálculo se compone del cociente entre el fondo de deterioro de los préstamos y anticipos a la clientela stage 3 (incluyendo los fondos de las garantías concedidas stage 3) / total de riesgos stage 3 (incluyendo las garantías concedidas stage 3).
592	3rd Quarter	3r trimestre
593	Definition and calculation	Definición y cálculo
594	Alternative Performance measures	Medida de rendimiento
595	Loan-to-deposits ratio (%)	Loan to deposits ratio (%)
596	Efficiency ratio	Ratio de eficiencia
597	Off-balance sheet customer funds	Recursos de clientes fuera de balance
598	Problematic assets	Activos problemáticos
599	Problematic Real Estate coverage ratio	Ratio de cobertura de inmuebles problemáticos
600	Market capitalisation	Capitalización bursátil
601	Earnings per share	Beneficio neto atribuido por acción
602	Book value per share	Valor contable por acción
603	Net loans and receivables divided by retail funding. The numerator excludes mediation loans. The denominator considers real estate funding and customer funds.	Préstamos y partidas a cobrar netas sobre financiación minorista. El numerador excluye los créditos de mediación. En el denominador, se considera la financiación minorista o los recursos de clientes.
604	Comprised of the following accounting items: gross income plus administration and amortisation/depreciation expenses.	Se compone de las partidas contables: margen bruto más los gastos de administración y amortización.
605	Difference between return and cost of assets and liabilities related to customers. The ratio has been calculated taking into account the difference between the average rate charged by the bank for customers loans and the average rate paid by the bank for the customers deposits. The average customers loans rate is the annualised ratio between the financial income from customer loans and the average daily balance of customer loans. The average rate of customers funds is the annualised ratio between the financial expenses on customers funds and the average daily balance of customers funds.	Es la diferencia entre el rendimiento y los costes de los activos y pasivos relacionados con clientes. En su cálculo se considera la diferencia entre el tipo medio que el banco cobra por los créditos a sus clientes y el tipo medio que el banco paga por los depósitos de sus clientes. El tipo medio del crédito a clientes es el porcentaje anualizado entre el ingreso financiero contable del crédito a clientes en relación al saldo medio diario del crédito a clientes. El tipo medio de los recursos de clientes es el porcentaje anualizado entre los costes financieros contables de los recursos de clientes en relación al saldo medio diario de los recursos de clientes.
606	Shows the % of stage 3 exposures covered by total provisions. Calculated using the ratio between the allowance of loans and advances to customers (including allowances for guarantees granted) / total stage 3 exposures (including stage 3 guarantees granted).	Muestra el porcentaje de riesgos stage 3 que está cubierto por provisiones totales. Su cálculo se compone del cociente entre el fondo de deterioro de los préstamos y anticipos a la clientela (incluyendo los fondos de las garantías concedidas) / total de riesgos stage 3 (incluyendo las garantías concedidas stage 3).
607	Administrative expenses / adjusted gross income. The denominator includes the linear accrual of contributions to deposit guarantee fund and resolution fund, tax on deposits of credit institutions, and banking tax (BT), except year end.	Gastos de administración / margen bruto ajustado. El denominador incluye la periodificación lineal de las contribuciones a los fondos de garantía y de resolución, el impuesto sobre depósitos de las entidades de crédito, y el gravamen a la banca (GB), a excepción de cierre de año.
608	Calculated using the ratio where the numerator includes: i) the assets classified in stage 3 including other valuation adjustments (accrued interest, commissions and others) classified in stage 3 of loans and advances that are not classified as non-current assets held for sale and ii) the guarantees granted classified in stage 3. The denominator includes: (i) gross loans to customers excluding repos and (ii) guarantees granted.	Su cálculo se compone de un cociente donde en el numerador se incluyen: i) los activos clasificados en el stage 3 incluyendo otros ajustes de valoración (intereses devengados, comisiones y otros) clasificados en el stage 3 de los préstamos y anticipos que no estén clasificados como activos no corrientes mantenidos para la venta y ii) las garantías concedidas clasificadas en el stage 3. En el denominador se incluyen: i) la inversión crediticia bruta de clientes sin adquisiciones temporales de activos y ii) las garantías concedidas.
609	Includes customer deposits (ex repos) and other liabilities placed by the branch network (Banco Sabadell non-convertible bonds, commercial paper and others).	Incluye depósitos de clientes (ex-repos) y otros pasivos colocados por la red comercial (bonos simples de Banco Sabadell, pagarés y otros).
610	Includes mutual funds, asset management, pension funds and third-party insurance products.	Incluye los fondos de inversión, gestión de patrimonios, fondos de pensiones y seguros comercializados.
611	Includes accounting sub-headings of customer deposits, debt securities issueds (debt and other tradable securities and subordinated liabilities).	Incluye las subpartidas contables de depósitos de la clientela, valores representativos de deuda emitidos (empréstitos y otros valores negociables y pasivos subordinados).
612	Sum of on-balance sheet and off-balance sheet customer funds.	Es la suma de los recursos en balance y los recursos de clientes fuera de balance.
613	Includes: (i) stage 3 assets including other valuation adjustments (accrued interest, commissions and others) classified in stage 3 of loans and advances that are not classified as non-current assets held for sale and ii) guarantees granted classified in stage 3.	Se incluyen: i) los activos clasificados en el stage 3 incluyendo otros ajustes de valoración (intereses devengados, comisiones y otros) clasificados en el stage 3 de los préstamos y anticipos que no estén clasificados como activos no corrientes mantenidos para la venta y ii) las garantías concedidas clasificadas en el stage 3.
614	Sum of stage 3 exposures and problematic real estate assets. Also referred to as non-perfoming assets (NPAs).	Es la suma de los riesgos stage 3 junto con los activos inmobiliarios problemáticos.	Activos inmobiliarios problemáticos	Actius immobiliaris problemàtics
615	Ratio between allowances for impairment of problematic RE assets / total problematic RE assets. Amount of problematic RE assets includes property classified in the portfolio of non-current asset and disposable groups classified as held for sale, excluding real estate investments with significant latent capital gains and rental properties, for which there is an agreement of sale that will be carried out after a reform process.	Es el cociente entre los fondos por deterioro de activos inmobiliarios problemáticos/total de activos inmobiliarios problemáticos. El importe de activos inmobiliarios problemáticos incluye los inmuebles clasificados en la cartera de activos no corrientes y grupos enajenables de elementos que se han clasificado como mantenidos para la venta, a excepción de inversiones inmobiliarias con plusvalía latente significativa e inmuebles en régimen de alquiler, para los que existe un acuerdo de venta que se llevará a cabo tras un proceso de reforma.
616	Consolidated income during the year / ATA. In the numerator the annualization of the profit obtained to date is considered and adjusted by contributions to deposit guarantee and resolution funds (DGF and SRF), tax on deposits of credit institutions (IDEC), and banking tax (BT) except year end.	Resultado consolidado del ejercicio / activos totales medios. En el numerador se considera la anualización del beneficio obtenido hasta la fecha y se periodifica el gasto relativo a las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año.
617	Profit attributed to the Group / average equity. In the numerator the annualization of the profit obtained to date is considered and adjusted by contributions to deposit guarantee and resolution funds (DGF and SRF), tax on deposits of credit institutions (IDEC), and banking tax (BT), except year end.	Beneficio atribuido al grupo / fondos propios medios. En el numerador se considera la anualización del beneficio obtenido hasta la fecha y se periodifica el gasto relativo a las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año.
618	Profit attributed to the Group / risk-weighted assets (RWA). In the numerator the annualization of the profit obtained to date is considered and adjusted by contributions to deposit guarantee and resolution funds (DGF and SRF),tax on deposits of credit institutions (IDEC) and banking tax (BT), except year end.	Beneficio atribuido al grupo / activos ponderados por riesgo (APR). En el numerador se considera la anualización del beneficio obtenido hasta la fecha y se periodifica el gasto relativo a las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año.
619	Profit attributed to the Group / average equity. In the numerator the annualization of the profit obtained to date is considered and adjusted by contributions to deposit guarantee and resolution funds (DGF and SRF), tax on deposits of credit institutions (IDEC) and banking tax (BT), except year end. The denominator excludes intangible assets and the goodwill of the investees.	Beneficio atribuido al grupo / fondos propios medios. En el numerador se considera la anualización del beneficio obtenido hasta la fecha y se periodifica el gasto relativo a las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año. En el denominador se excluye el importe de los activos intangibles y el fondo de comercio de las participadas.
620	Share price multiplied by the average number of outstanding shares at the end of the period.	Es el producto del valor de cotización de la acción y el número de acciones medias en circulación a fecha de cierre del período.
621	Ratio between net profit attributed to the Group and the average number of outstanding shares at the end of the period. In the numerator the annualization of the profit obtained to date is considered and adjusted by the Additional Tier I coupon payment registered in equity as well as by contributions to deposit guarantee and resolution funds (DGF and SRF), tax on deposits of credit institutions (IDEC) and banking tax (BT), except year end.	Es el cociente del beneficio neto atribuido al grupo entre el número de acciones medias en circulación a fecha de cierre del período. En el numerador se considera la anualización del beneficio obtenido hasta la fecha y ajustado por el importe del cupón del Additional Tier I registrado en fondos propios. Asimismo, en el numerador se periodifica hasta la fecha el gasto relativo a las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año.
622	Ratio between book value / average number of outstanding shares at the end of the period. Book value refers to equity, adjusted by contributions to deposit guarantee and resolution funds (DGF and SRF), tax on deposits of credit institutions (IDEC) and banking tax (BT), except at year end.	Es el cociente entre el valor contable / número de acciones medias en circulación a fecha de cierre del período. Por valor contable se considera la suma de los fondos propios, ajustado por el devengo relativo de las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año.
623	Ratio between share price / tangible book value per share.	Es el cociente entre el precio o valor de cotización de la acción / valor contable tangible por acción.
624	Ratio between share price / earnings per share.	Es el cociente entre el precio o valor de cotización de la acción / beneficio neto atribuible por acción.
625	Page	Página
626	Gross carrying amount problematic assets	Importe bruto activos problemáticos
627	Allowances for impairment losses of problematic assets	Correcciones de valor por deterioro de activos problemáticos
628	National Foreclosed assets	Activos adjudicados territorio nacional
629	Total problematic assets (€ million)	Total activos problemáticos (millones de € )
630	Acquired through TSB	Adquisición TSB
631	Includes loans and advances to customers excluding impairment alowances.	Incluye los préstamos y anticipos a la clientela sin tener en cuenta las correciones de valor por deterioro.
632	Includes gross loans to customers excluding repos, stage 3 assets and accrual adjustments.	También denominado crédito vivo, incluye la inversión crediticia bruta de clientes sin tener en cuenta la adquisición temporal de activos, los ajustes por periodificación y los activos stage 3.
633	Sales	Ventas
634	Foreign currency and notes exchange	Cambio de billetes y divisas
635	at fixed	a tipo
636	FX	constante
637	Recurrent personnel expenses	Gastos de personal recurrentes
638	Total non-recurrent costs	Total costes no recurrentes
639	Recurrent other general expenses	Otros gastos generales recurrentes
640	Adjunted provisions for NPLs	Dotaciones a insolvencias ajustadas
641	Unsecured lending and others (2)	Deudores a la vista y varios(2)
642	(2) Includes ICO loans.	(2) Incluye préstamos ICO.
643	Held to maturity investments	Inversiones mantenidas hasta el vencimiento
644	RE Problematic Assets	Activos inmobiliarios Problemáticos
645	Total recurrent	Total recurrentes
646	Constant FX	TC constante
647	Of which: AT1	De las que: AT1
648	Profit and loss and balance sheet other international business	Cuenta de resultados y balance otro negocio internacional
649	Net trading income and exchange differences	Resultados operaciones financieras y diferencias de cambio
650	NPLs costs	Gastos NPLs
651	Mar 23	Mar 23
652	Jun 23	Jun 23
653	Sep 23	Sep 23
654	Dec 23	Dic 23
655	CET 1 - BS (non-consolidated basis) (%)	CET 1 individual (%)
656	Wholesale funding	Coste financiación mayorista
657	Costs	Costes
658	Performing gross loans (2)	Inversión crediticia bruta viva (2)
659	Total customer funds	Total recursos de clientes
660	Loans and advances to customers (2)	Préstamos y anticipos a la clientela (2)
661	Includes the following accounting items: other operating income and other operating expense as well as income from assets and expenses on liabilities under insurance or reinsurance contracts.	Se compone de las partidas contables de: otros ingresos y otros gastos de explotación así como ingresos de activos y gastos de pasivos amparados por contratos de seguro o reaseguro.
662	Includes the following accounting items: derivatives - hedge accounting, fair value changes of the hedged items in portfolio hedge of interest rate risk, tax assets, other assets, assets under insurance or reinsurance contracts and non-current assets and disposal groups classified as held for sale.	Se compone de las partidas contables de: derivados - contabilidad de coberturas, cambios del valor razonable de los elementos cubiertos de una cartera con cobertura del riesgo de tipo de interés, activos por impuestos, otros activos, activos amparados por contratos de seguro o reaseguro y activos no corrientes y grupos enajenables de elementos que se han clasificado como mantenidos para la venta.
663	Includes the following accounting items: derivatives - hedge accounting, tax liabilities, fair value changes of the hedged items in portfolio hedge of interest rate risk, other liabilities and liabilities included in disposal groups classified as held for sale.	Se compone de las partidas contables de: derivados - contabilidad de coberturas, cambios del valor razonable de los elementos cubiertos de una cartera con cobertura del riesgo de tipo de interés, pasivos por impuestos, otros pasivos y pasivos incluidos en grupos enajenables de elementos que se han clasificado como mantenidos para la venta.
664	4th Quarter	4º trimestre
665	Financial institutions (2)	Entidades de crédito (2)
666	Other liabilities and shareholders' equity	Otros pasivos y recursos propios
667	Performing gross loans	Inversión crediticia bruta viva o crédito vivo
668	Evolution of NPLs and RE Assets Group	Evolución dudosos y activos inmobiliarios grupo
669	Franchise and Whistletree	Franquicia y Whistletree
670	Other operating income	Otros resultados
671	Total operating expenses (excl. one-offs)	Costes operativos (excl. one-offs)
672	Impairment on loans & advances	Provisiones y deterioros
673	Management profit (excl. one-offs)	Beneficio de gestión antes de impuestos (excl. one-offs)
674	Other operating income	Otros resultados
675	Tax income	Impuesto de Sociedades
676	Statutory Profit after Tax	Beneficio estatutario despues de impuestos
677	(in million pounds)	(en millones de GBP)
678	Franchise and Whistletree customer lending	Inversión crediticia de la franquicia y Whistletree
679	Total Customer lending (Net)	Total inversión crediticia neta
680	Savings deposits	Cuentas de ahorro
681	Current account deposits	Cuentas corrientes
682	Business banking deposits	Cuentas corrientes corporativas
683	Total customer deposits	Depósitos de la clientela
684	CET 1 Capital ratio	Ratio de capital CET 1
685	Other net customer lending	Otra inversión crediticia neta
686	Includes the following accounting items: (i) provisions or reversal of provisions, (ii) impairment or reversal of impairment on financial assets not measured at fair value through profit or loss and net modification losses or gains, (iii) impairment of reversal of impairment of investments in joint ventures and associates, (iv) impairment or reversal of impairment on non-financial assets, (v) profit or loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations (excluding gains or losses on sales of equity holdings and other items) and (vi) investment properties in the net gains or losses on derecognition of non-financial assets.	Se compone de las partidas contables de: (i) provisiones o reversión de provisiones, (ii) deterioro del valor o reversión del deterioro del valor de activos financieros no valorados a valor razonable con cambios en resultados y pérdidas o ganancias netas por modificación, (iii) deterioro del valor o reversión del deterioro del valor de inversiones en negocios conjuntos o asociadas, (iv) deterioro del valor o reversión del deterioro del valor de activos no financieros, (v) las ganancias o pérdidas procedentes de activos no corrientes y grupos enajenables de elementos clasificados como mantenidos para la venta no admisibles como actividades interrumpidas (excluye los resultados por venta de participaciones y otros conceptos) y (vi) las inversiones inmobiliarias dentro del epígrafe de ganancias o pérdidas al dar de baja en cuentas activos no financieros, netas.
687	Includes the following accounting items: net gains or losses on derecognition of non-financial assets, excluding investment properties, and gains or losses on sales of equity holdings and other items included in the profit or loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations.	Se compone de las partidas contables de: ganancias o pérdidas al dar de baja en cuentas activos no financieros, netas, sin tener en cuenta las inversiones inmobiliarias, y el resultado por venta de participaciones y otros conceptos dentro del epígrafe de ganancias o pérdidas procedentes de activos no corrientes y grupos enajenables de elementos clasificados como mantenidos para la venta no admisibles como actividades interrumpidas.
688	Other geographies	Otras geografías
689	Banking Business Mexico	Negocio bancario México
690	Net trading income and exchange differences	Resultados operaciones financieras y diferencias de cambio
691	Operating expenses and amortisation	Gastos de explotación y amortización
692	Gross NPA ratio (%)	Ratio NPA bruta (%)
693	Net NPA ratio (%)	Ratio NPA neta (%)
694	MREL (% RWA)	MREL (% APR)
695	RE exposure	Exposición inmobiliaria
696	Capital markets wholesale funding	Financiación mayorista mercado capitales
697	Accumulated ratios	Ratios acumulados
698	Profit and loss and balance sheet Banking business Spain	Cuenta de resultados y balance negocio bancario España
699	Simple evolution	Evolutivo Simple
700	NPA details	Detalles stage 3 e inmuebles
701	Profit and loss and balance sheet Mexico	Cuenta de resultados y balance México
702	Profit and loss and balance sheet banking business UK	Cuenta de resultados y balance negocio bancario Reino Unido
703	Gains and charges in the quarter Total Group	Rendimientos y cargas grupo
704	Gains and charges in the quarter excl. TSB	Rendimientos y cargas Ex TSB
705	Equity	Capital Asignado
706	Intragroup financing	Financiación intragrupo
707	Cash and cash equivalents (1)	Efectivo y equivalentes (1)
708	Loans and advances to customers by product type and customer profile	Inversión por tipo de producto y perfil de cliente
709	Performing loans: performance by geographies	Inversión crediticia bruta viva: rendimiento por geografía
710	Change in perimeter	Salidas del perímetro
711	Like-for-like	Perímetro cte
712	Performing gross loans excluding APS	Inversión crediticia bruta viva excluyendo EPA
713	Stage 3 and coverage ratios	Ratios stage 3 y cobertura
714	Stage 3 ratios by segment	Ratios stage 3 por segmentos
715	Evolution of stage3 and RE Assets excl. TSB	Evolución stage 3 y activos inmobiliarios Ex TSB
716	Evolution of problematic assets	Evolución activos problemáticos
717	NPA exposure and coverage	Exposición y cobertura de activos problemáticos
718	Cnt. perimeter and FX	Perímetro y TC cte.
719	Loans and advances to customers (Ex Repos)	Préstamos y anticipos a la clientela (sin ATAs)
720	Forborne and restructured loans	Créditos refinanciados y reestructurados
721	On-balance sheet funds	Recursos en balance
722	Ratio between provisions associated with problematic assets / total problematic assets.	Es el cociente entre las provisiones asociadas a activos problemáticos / total de activos problemáticos.
723	Preference shares and other	Acciones preferentes y otros
724	Acumulated profits	Ganancias acumuladas
725	Adjunted provisions for NPLs and other impairments	Dotaciones a insolvencias y otras dotaciones y deterioros ajustadas
726	Of which: APS	Del que: EPA
727	Customer deposits	Depósitos de la clientela
728	Total cost of risk (bps)	Cost of risk total (pbs)
729	Sales results	Resultados por ventas
730	IFRS9 pro forma	IFRS9 pro forma
731	Net problematic assets	Activos problemáticos netos
732	Net problematic assets as % of total assets	Activos problemáticos netos sobre total activos (%)
733	Common Equity Tier 1 (%)	Common Equity Tier 1 (%)
734	Tier 1 (%)	Tier 1 (%)
735	Total capital ratio	Ratio total de capital
736	Leverage ratio (%)	Leverage ratio (%)
737	Total group (€ millions)	Total grupo (millones €)
738	Sabadell ex - TSB (€ millions)	Sabadell ex - TSB (millones €)
739	TSB (€ millions)	TSB (millones €)
740	Net problematic assets over gross loans and guarantees granted + RE assets (%)	Activos problemáticos netos sobre préstamos a la clientela y garantías concedidas + activos inmobiliarios problemáticos (%)	Loans to customers and guarantees granted
741	Conciliation (€ millions)	Conciliación (expresado en millones de euros)
742	Average total assets	Activos totales medios
743	Average equity	Fondos propios medios
744	Average equity (excluding intangible assets)	Fondos propios medios (sin activos intangibles)
745	Adjusted gross operating income	Margen bruto ajustado
746	Efficiency ratio (%)	Ratio de eficiencia (%)
747	Other operating income	Otros ingresos de explotación
748	Other operating expenses	Otros gastos de explotación
749	Income from assets under insurance or reinsurance contracts	Ingresos de activos amparados por contratos de seguro o reaseguro
750	Expenses on liabilities under insurance or reinsurance contracts	Gastos de pasivos amparados por contratos de seguro o reaseguro
751	Impairment of reversal of impairment of investments in joint ventures and associates	Deterioro del valor o reversión del deterioro del valor de inversiones en negocios conjuntos o asociadas
752	Impairment or reversal of impairment on non- financial assets	Deterioro del valor o reversión del deterioro del valor de activos no financieros
753	Profit or loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations	Ganancias o pérdidas procedentes de activos no corrientes y grupo enajenables de elementos clasificados como mantenidos para la venta no admisibles como actividades interrumpidas
754	Gains or losses on sales of equity holdings and other items	Resultado por venta de participaciones y otros conceptos
755	Gains from sales of investment properties and associates	Resultado ventas inversiones inmobiliarias
756	Gains or losses on derecognition of non-financial assets, net	Ganancias o pérdidas al dar de baja en cuentas activos no financieros, netas
757	Derivatives - Hedge accounting	Derivados - contabilidad de coberturas
758	Fair value changes of the hedged items in portfolio hedge of interest rate risk	Cambios del valor razonable de los elementos cubiertos de una cartera con cobertura del riesgo de tipo de interés
759	Tax assets	Activos por impuestos
760	Non-current assets and disposal groups classified as held for sale	Activos no corrientes y grupos enajenables de elementos que se han clasificado como mantenidos para la venta
761	Tax liabilities	Pasivos por impuestos
762	Liabilities included in disposal groups classified as held for sale	Pasivos incluidos en grupos enajenables de elementos que se han clasificado como mantenidos para la venta
763	Stage 3 assets (customer)	Activos stage 3 (clientela)
764	Fixed-term deposits including available and hybrid financial liabilities	Depósitos a plazo incluyendo disponibles y pasivos financieros híbridos
765	Subordinated liabilities (*)	Pasivos subordinados (*)
766	Customer loans and advances	Préstamos y anticipos de la clientela
767	of customer	de la clientela
768	of cental banks and financial institutions	de bancos centrales y entidades de crédito
769	Guarantees granted in stage 3	Garantías concedidas en stage 3
770	Total provisions	Total provisiones
771	Results	Rtdos
772	Provisions of problematic assets	Provisiones de activos problemáticos
773	Problematic assets coverage incl. mortgage floors (%)	Ratio de cobertura de activos problemáticos incluyendo cláusulas suelo (%)
774	Gross loans to customers excluding repos and guarantees granted	Inversión crediticia bruta de clientes sin adquisición temporal de activos y garantías concedidas
775	Adjusted net loans and advances w/o repos by brokered loans	Crédito neto sin ATA ajustado por créditos de mediación
776	Accrued AT1	AT1 devengado
777	Net profit attributed to the Group adjusted with accrued AT1	Beneficio atribuido al grupo ajustado con AT1 devengado
778	Adjusted equity	Fondos propios ajustados
779	(*) Like-for-like figures for loans and recursos.	(*) Datos de inversión y recursos expresados a perímetro constante.
780	(*) Refers to subordinated liabilities of debt securities.	(*) Se trata de los pasivos subordinados de los valores representativos de deuda.
781	Stage 3 provisions	Provisiones stage 3
782	Stage 3 coverage ratio	Ratio de cobertura stage 3
783	(1) Change over total recurrent costs.	(1) Variación sobre el total de costes recurrentes.
784	DGF - SRF - IDEC - BT adjustment net of tax	Ajuste FGD-FUR-IDEC-GB neto de impuestos
785	DGF - SRF - IDEC - BT adjustment	Ajuste FGD-FUR-IDEC-GB
786	Customer spread TSB	Margen de clientes TSB
787	Net interest margin as % of ATA TSB	Margen de intereses sobre ATM TSB
788	Stage 3 coverage ratio with total provisions (%)	Ratio de cobertura stage 3 con total provisiones (%)
789	Customer spread (*)	Margen de clientes (*)
790	Spain (1)	España (1)
791	APS NPL run-off	Exposición EPA
792	Mexico	México
793	Net profit attributed to the Group adjusted	Beneficio atribuido al grupo ajustado
794	Adjust of DGF - RF net of taxes	Ajuste FGD-FR neto de impuestos
795	IFRS9 implementation	Aplicación IFRS9
796	Financial assets in fair value OCI	Activos financieros a valor razonable con cambios en otro resultado global
797	Financial assets at amortised cost	Activos financieros a coste amortizado
798	Recurrent costs	Costes recurrentes
799	TBV per share (€ )	TBV por acción (€ )
800	Tangible book value (€ millon )	Valor contable tangible (millones € )
801	Ratio between tangible book value and the average number of outstanding shares at the end of the period. The tangible book value is calculated as the sum of equity adjusted by intangible assets and the goodwill of the investees, and by contributions to deposit guarantee and resolution funds (DGF and SRF), tax on deposits of credit institutions (IDEC), and banking tax (BT), except year end.	Es el cociente entre el valor contable tangible y el número de acciones medias en circulación a fecha de cierre del período. Por valor contable tangible se considera la suma de los fondos propios y ajustado por los activos intangibles y el fondo de comercio de las participadas, así como por el devengo relativo de las contribuciones a los fondos de garantía y de resolución (FGD y FUR), el impuesto sobre depósitos de las entidades de crédito (IDEC), y el gravamen a la banca (GB), a excepción de cierre de año.
802	(*) Figures on like-for-like basis	(*) Datos expresados a perímetro constante
803	Mutual funds pro forma	Fondos de inversión proforma
804	Off-balance sheet customer funds pro forma	Total recursos fuera de balance proforma
805	Funds under management and third-party funds pro forma	Recursos gestionados y comercializados proforma
806	Coverage excl. TSB	Cobertura Ex TSB
807	Customer, central banks and financial institutions loans and advances	Préstamos y anticipos de la clientela, bancos centrales y entidades de crédito
808	Ratio between provisions for NPLs / gross loans to customers excluding repos and guarantees granted. The numerator considers the linear annualization of the provisions for NPLs. In addition, the costs associated with the stage 3 management assets are adjusted.	Es el cociente entre las dotaciones a insolvencias / inversión crediticia bruta de clientes sin adquisición temporal de activos y garantías concedidas. El numerador considera la anualización lineal de las dotaciones a insolvencias. Además, se ajustan los costes asociados a la gestión de activos stage 3.
809	NPA sales	Ventas carteras
810	Stage 3 ratio (%)	Ratio stage 3 (%)
811	Problematic assets over gross loans and guarantees granted + problematic RE assets (%)	Activos problemáticos sobre préstamos a la clientela y garantías concedidas + activos inmobiliarios problemáticos (%)
812	(*) In TSB -1.5% YoY and -3.4% QoQ in GBP and in Mexico +2.7% YoY and -2.1% QoQ in MXN.	(*) En TSB -1,5% YoY y -3,4% QoQ en GBP y en México +2,7% YoY y -2,1% QoQ en peso MXN.
813	Provisions or reversal of provisions	Provisiones o reversión de provisiones
814	Provisions for NPLs and other financial assets	Dotaciones a insolvencias y activos financieros
815	Total provisions & impairments	Total dotaciones y deterioros
816	Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss and net modification losses or gains	Deterioro del valor o reversión del deterioro del valor de activos financieros no valorados a valor razonable con cambios en resultados y pérdidas o ganancias netas por modificación
817	Gross loans to customers excluding repos	Inversión crediticia bruta de clientes sin adquisición temporal de activos
818	Ratio between total capital and the risk weighted assets. Total capital includes the accounting profit assuming a pay-out of c.50%, that is different from the regulatory criteria which decreases that amount based on the obligations to fulfil for the rest of the year. The denominator has been calculated based on the Group's best estimate.	Es el cociente entre la base de capital y los activos ponderados por riesgo. La base de capital incorpora la totalidad del beneficio contable asumiendo un pay-out del c.50%, a diferencia del criterio regulatorio que disminuye dicho importe en base a las obligaciones a cumplir en lo que queda de año. El denominador se ha realizado en base a la mejor estimación del grupo.
819	Risk weighted assets (RWA) (€ million)	Activos ponderados por riesgo (APR) (millones de € )
820	(*) Excluding adjustments for accruals and hedging derivatives.	(*) Sin ajustes por periodificación ni cobertura con derivados.
821	Mortgage loans & credits (1)	Préstamos y créditos con garantía hipotecaria (1)
822	(1) Includes mortgage loans and credits both to individuals and companies.	(1) Incluye préstamos y créditos hipotecarios concedidos a particulares y empresas.
823	(1) Spain includes foreign branches (€8,995M in Mar 23 and €9,485M in Dec 22).	(1) España incluye oficinas en el extranjero (8.995M€ en mar 23 y 9.485M€ en dic 22).
824	Core results (NII + net fees and commissions - costs)	Margen recurrente (margen de intereses + comisiones - costes)
825	Financial guarantees granted	Garantías financieras concedidas
826	Commitments for loans granted	Compromisos de préstamos concedidos
827	Other commitments granted	Otros compromisos concedidos
828	Common Equity Tier 1 fully-loaded (%)	Common Equity Tier 1 fully-loaded (%)
829	Institutional NPA sales	Carteras institucionales
830	Funding structure	Estructura de financiación
831	Maturity of issues	Vencimiento emisiones
832	Movements in allowances	Movimiento fondos
833	Breakdown of loans to cusmoter and provision on stages	Desglose del crédito y provision por stages
834	Provisions for institutional NPA sales	Provisiones de las ventas de carteras institucionales
835	NII and fees	Margen de intereses y comisiones netas
836	Customer redress porvisions	Provisiones por indemnizaciones a clientes
837	Total TSB one-offs post-migration	Total TSB one-offs posmigración
838	Cost saving initiatives	Iniciativas de ahorro de costes
839	Total TSB net one-offs post-migration	Total TSB one-offs netos posmigración
840	Extraordinary TSB migration costs	Gastos extraordinarios por la migración de TSB
841	NPA extraordinary provisions	Provisiones extraordinarias por la venta de carteras
842	Total one-offs	Total one-offs
843	net one-offs	one-offs netos
844	Loan-to-deposits ratio (%)	Loan to deposits ratio (%)
845	Remuneration corporate deposits	Remuneración depósitos corporativos
846	Coverage group	Cobertura grupo
847	Real estate development	Promoción inmobiliaria
848	Other International Business	Otro negocio internacional
849	Recurrent amortisation	Amortización recurrente
850	Non-recurrent costs	Costes no recurrentes
851	Gross loans to customers excluding repos + guarantees granted + problematic RE Assets	Inversión crediticia bruta de clientes sin adquisición temporal de activos + garantías concedidas + activos inmobiliarios problemáticos
852	Shareholders' structure	Distribución accionistas
853	Comparative evolution of SAB share	Evolución comparativa de la acción SAB
854	Glossary	Glosario
855	Book value (€ millon )	Valor contable (millones € )
856	Performing loans ExTSB: performance by segment	Inversión crediticia bruta viva ExTSB: rendimiento por segmento
857	Mortgages to individuals (2)	Hipotecas a particulares (2)
858	Private consumer loans (3)	Préstamos al consumo particulares (3)
859	Other lending to individuals	Resto préstamos a particulares
860	Public Sector	Sector Público
861	Domestic companies	Empresas - domestico
862	TBV per share	TBV por acción
863	Other lending to individuals	Otros préstamos a particulares
864	Customer loan yield in Spain	Rendimiento créditos a la clientela en España
865	Cost of customer funds in Spain	Coste depósitos de la clientela en España
866	Senior Non Preferred Debt	Deuda senior no preferente
867	On-balance sheet customer funds Excl. TSB	Recursos de clientes en balance ExTSB
868	(2) Excluding in the quarter the impact of €0.2bn (€0.2bn in Jun 20) A/R related to the closing of NPA disposals, at Group level an increase of +3.3% YoY and +1.4% QoQ and for Spain +3.9% YoY and +2.4% QoQ.	(2) Excluyendo en el trimestre la cuenta a cobrar por el derecho de tanteo de las ventas de carteras de 0,2bn€ (0,2bn€ a Jun 20), a nivel grupo incremento de +3,3% YoY y +1,4% QoQ y para España +3,9% YoY y +2,4% QoQ.
869	RE assets disposal	Ventas de activos inmobiliarios
870	(*) Excluding in the quarter the impact of €0.2bn (€0.2bn in Jun 20) A/R related to the closing of NPA disposals, at ExTSB level an increase of +4.0% YoY and +2.4% QoQ and other lending to individuals +0.8% YoY and +13.4% QoQ.	(*) Excluyendo en el trimestre la cuenta a cobrar por el derecho de tanteo de las ventas de carteras de 0,2bn€ (0,2bn€ a Jun 20), incremento a nivel ExTSB +4,0% YoY y +2,4% QoQ y otros préstamos a particulares +0,8% YoY y +13,4% QoQ.
871	Evolution of NPLs and RE Assets TSB	Evolución dudosos y activos inmobiliarios TSB
872	Technical reports and judicial expenses	Informes técnicos y gastos judiciales
873	Subcontracted administrative services	Servicios administrativos subcontratados
874	International companies	Empresas - internacional
875	o Main figures	o Principales magnitudes
876	o Accumulated quarterly results	o Resultados trimestrales acumulados
877	o Quarterly results	o Resultados trimestrales simples
878	o Balance sheet	o Balance
879	o Margin	o Margen
880	o Fees & comissions	o Comisiones
881	o Expenses	o Gastos
882	o Loans	o Inversión crediticia
883	o FuM	o Recursos gestionados
884	o Equity	o Patrimonio neto
885	o NPA exposure and coverage	o Exposición y cobertura de activos problemáticos
886	o NPA details	o Detalles stage 3 e inmuebles
887	o Capital ratios	o Ratio de capital
888	o Liquidity	o Liquidez
889	o Share	o Acción
890	o TSB Accumulated quarterly results (GBP)	o TSB Resultados trimestrales acumulados (GBP)
891	o TSB Quarterly results (GBP)	o TSB Resultados trimestrales simples (GBP)
892	o TSB Balance sheet (GBP)	o TSB Balance (GBP)
893	o TSB Margin (GBP)	o TSB Margen (GBP)
894	o Summary Business Units	o Resumen Unidades de Negocio
895	o Spain Business	o Negocio bancario España
896	o UK Business	o Negocio bancario Reino Unido
897	o Mexico Business	o Negocio bancario México
898	o Exchange rate	o Tipo de cambio
899	BUSINESS UNITS	UNIDADES DE NEGOCIO
900	TSB (GBP) Index	Índice TSB (GBP)
901	Group net equity	Patrimonio neto grupo
902	Group Index	Índice grupo
903	Business Units Index	Índice Unidades de Negocio
904	Index	Índice
905	Core results	Margen recurrente
906	Tier 2 + subordinated debt	Tier 2 + pasivos subordinados
907	ALCO	Cartera de renta fija
908	Managed accounts pro forma	Gestión de patrimonios proforma
909	Total number of shares (million)	Número de acciones totales (en millones)
910	Loan book	Inversión crediticia
911	Guarantees granted	Garantías concedidas
912	Stage 3 assets (includes valuation adjustments)	Activos stage 3 (incluye ajustes de valoración)
913	Customer NII	Margen de intereses de clientes
914	Efficiency ratio with amortisation & depreciation (%)	Ratio de eficiencia con amortización (%)
915	Efficiency ratio with amortisation & depreciation	Ratio de eficiencia con amortización
916	Administrative expenses and amortisation & depreciation / adjusted gross income. The denominator includes the linear accrual of contributions to deposit guarantee fund, resolution fund and tax on deposits of credit institution and banking tax (BT), except year end.	Gastos de administración y amortizaciones / margen bruto ajustado. El denominador incluye la periodificación lineal de las contribuciones a los fondos de garantía y de resolución, el impuesto sobre depósitos de las entidades de crédito, y el gravamen a la banca (GB), a excepción de cierre de año.
917	ALCO and Wholesale funding	Cartera de renta fija y coste financiación mayorista
918	Ratio between total provisions & impairments / gross loans to customers excluding repos and guarantees granted and problematic RE Assets. The numerator considers the linear annualization of total provisions & impairments.	Es el cociente entre total dotaciones y deterioros / inversión crediticia bruta de clientes sin adquisición temporal de activos y garantías concedidas y activos inmobiliarios problemáticos. El numerador considera la anualización lineal del total de dotaciones y deterioros.
919	Group net profit	Beneficio neto grupo
920	Performing loans	Inversión crediticia viva
921	ROTE ex banking tax	ROTE ex gravamen a la banca
922	Total commissions	Total comisiones
923	(*) Excluding stage 3 assets and accrual adjustments.	(*) Sin activos stage 3 ni ajustes por periodificación.
924	ISIN	ISIN
925	Instrument	Instrumento
926	Date	Fecha
927	Size	Tamaño
928	Coupon	Cupón
929	Covered bonds	Cédulas hipotecaria
930	Senior Preferred	Senior Preferred
931	Covered bonds TSB	Cédulas hipotecaria de TSB
932	Debt maturities for the next 12 months	Vencimientos de deuda en los próximos 12 meses
933	TSB Covered bonds	Cédulas hipotecaria de TSB

Spain Business

Banking business Spain
Profit and loss and balance sheet Banking business Spain
Simple evolution
(€ million)	1Q22	1Q23	YoY (%)	1Q22	2Q22	3Q22	4Q22	1Q23
Net interest income	556	752	35.2	556	583	629	730	752
Net fees and commissions	326	321	-1.6	326	334	346	338	321
Core revenues	882	1,073	21.6	882	917	975	1,068	1,073
Net trading income and exchange differences	27	-6	--	27	52	21	-5	-6
Income from equity method and dividends	59	31	-46.5	59	26	28	12	31
Other operating income/expense	-7	-157	--	-7	-110	1	-109	-157
Gross operating income	961	941	-2.0	961	885	1,025	967	941
Operating expenses	-385	-388	0.8	-385	-372	-375	-382	-388
Amortisation & depreciation	-91	-95	4.7	-91	-92	-95	-95	-95
Total costs	-476	-483	1.6	-476	-464	-470	-477	-483
Pre-provisions income	485	458	-5.5	485	421	555	489	458
Total provisions & impairments	-218	-214	-2.0	-218	-226	-193	-284	-214
Gains on sale of assets and other results	-10	-1	-86.8	-10	-7	6	2	-1
Profit before tax	257	243	-5.3	257	188	369	208	243
Income tax	-59	-106	79.3	-59	-53	-103	-55	-106
Minority interest	13	-0	--	13	1	0	-3	-0
Attributable net profit	184	137	-25.7	184	135	265	156	137
Accumulated ratios
ROTE	7.2%	9.5%	7.2%	7.4%	8.4%	8.7%	9.5%
Efficiency	42.5%	39.0%	42.5%	41.4%	40.5%	40.3%	39.0%
Efficiency with amortisation & depreciation	52.6%	48.6%	52.6%	51.4%	50.5%	50.2%	48.6%
Stage 3 ratio	4.6%	4.3%	4.6%	4.1%	4.2%	4.2%	4.3%
Stage 3 coverage ratio with total provisions	57.3%	55.8%	57.3%	56.7%	56.5%	56.2%	55.8%
Simple evolution
(€ million)	1Q22	1Q23	YoY (%)	1Q22	2Q22	3Q22	4Q22	1Q23
Total assets	192,156	186,941	-2.7	192,156	196,349	198,115	189,545	186,941
Performing gross loans	106,687	106,524	-0.2	106,687	110,177	109,632	108,889	106,524
RE exposure	805	688	-14.6	805	778	739	713	688
Subtotal liabilities	182,368	176,757	-3.1	182,368	186,480	187,892	179,402	176,757
On-balance sheet customer funds	116,670	118,177	1.3	116,670	119,636	119,773	120,118	118,177
Capital markets wholesale funding	18,707	20,734	10.8	18,707	18,213	19,020	19,444	20,734
Equity	9,789	10,185	4.0	9,789	9,869	10,223	10,143	10,185
Off-balance sheet customer funds	40,624	39,513	-2.7	40,624	38,831	38,049	38,492	39,513
Other data
Employees	12,836	13,077	12,836	12,949	13,061	12,991	13,077
Branches	1,289	1,222	1,289	1,290	1,288	1,226	1,222

/xl/drawings/drawing26.xml#'Business%20Units'!A1

UK Business

Banking business United Kingdom
Profit and loss and balance sheet banking business UK
YoY (%)	Simple evolution
(€ million)	1Q22	1Q23	YoY (%)	at constant FX	1Q22	2Q22	3Q22	4Q22	1Q23
Net interest income	271	303	12.0	18.2	271	280	296	304	303
Net fees and commissions	30	28	-7.8	-2.7	30	34	39	31	28
Core revenues	301	331	10.0	16.1	301	314	335	334	331
Net trading income and exchange differences	5	7	37.7	45.4	5	-3	8	-5	7
Income from equity method and dividends	0	0	--	--	0	0	0	0	0
Other operating income/expense	-12	-11	-11.1	-6.1	-12	-9	-9	-65	-11
Gross operating income	294	328	11.4	17.6	294	302	334	264	328
Operating expenses	-191	-188	-1.3	4.2	-191	-188	-190	-184	-188
Amortisation & depreciation	-42	-38	-9.0	-4.0	-42	-41	-37	-37	-38
Total costs	-232	-226	-2.7	2.7	-232	-229	-228	-221	-226
Pre-provisions income	62	102	63.9	73.1	62	74	107	43	102
Total provisions & impairments	-11	-19	66.5	75.8	-11	-20	-41	-30	-19
Gains on sale of assets and other results	-0	-0	--	--	-0	0	-0	1	-0
Profit before tax	50	83	64.4	73.6	50	53	65	14	83
Income tax	-31	-29	-5.4	-0.1	-31	-19	-26	-20	-29
Minority interest	0	0	--	--	0	0	0	0	0
Attributable net profit	19	53	176.7	192.1	19	35	39	-6	53
Accumulated ratios
ROTE	3.6%	11.0%	3.6%	5.2%	6.0%	4.2%	11.0%
Efficiency	64.7%	57.4%	64.7%	63.4%	61.1%	63.0%	57.4%
Efficiency with amortisation & depreciation	78.9%	68.9%	78.9%	77.2%	74.0%	76.1%	68.9%
Stage 3 ratio	1.4%	1.4%	1.4%	1.3%	1.4%	1.3%	1.4%
Stage 3 coverage ratio with total provisions	38.7%	41.3%	38.7%	40.3%	39.7%	42.3%	41.3%
YoY (%)	Simple evolution
(€ million)	1Q22	1Q23	YoY (%)	at constant FX	1Q22	2Q22	3Q22	4Q22	1Q23
Total assets	55,978	55,127	-1.5	2.4	55,978	55,297	55,808	55,810	55,127
Performing gross loans	44,294	41,993	-5.2	-1.5	44,294	43,903	42,857	43,110	41,993
Subtotal liabilities	53,371	52,740	-1.2	2.7	53,371	52,708	53,263	53,316	52,740
On-balance sheet customer funds	42,199	40,617	-3.7	0.0	42,199	41,105	40,163	40,931	40,617
Capital markets wholesale funding	2,955	3,697	25.1	30.0	2,955	2,913	2,831	2,537	3,697
Equity	2,607	2,387	-8.4	-4.8	2,607	2,589	2,545	2,494	2,387
Other data
Employees	5,702	5,656	5,702	5,595	5,503	5,482	5,656
Branches	290	220	290	220	220	220	220

/xl/drawings/drawing27.xml#'Business%20Units'!A1

Mexican Business

Banking Business Mexico
Profit and loss and balance sheet Mexico
YoY (%)	Simple evolution
(€ million)	1Q22	1Q23	YoY (%)	at constant FX	1Q22	2Q22	3Q22	4Q22	1Q23
Net interest income	31	45	45.3	26.5	31	36	40	43	45
Net fees and commissions	3	2	-38.5	-46.4	3	3	3	4	2
Core revenues	33	46	38.7	20.8	33	38	43	47	46
Net trading income and exchange differences	0	-1	--	--	0	1	1	1	-1
Income from equity method and dividends	0	0	--	--	0	0	0	0	0
Other operating income/expense	-4	-4	11.1	-27.0	-4	-5	-4	-5	-4
Gross operating income	30	42	39.0	25.9	30	35	40	43	42
Operating expenses	-15	-17	15.9	0.9	-15	-18	-21	-18	-17
Amortisation & depreciation	-3	-4	42.0	23.7	-3	-3	-4	-4	-4
Total costs	-18	-21	20.3	4.7	-18	-21	-25	-22	-21
Pre-provisions income	12	21	65.7	59.4	12	13	15	21	21
Total provisions & impairments	3	-3	--	--	3	-2	0	-9	-3
Gains on sale of assets and other results	-3	-1	-49.3	-55.9	-3	0	-2	-9	-1
Profit before tax	12	16	30.5	25.6	12	11	13	2	16
Income tax	-3	-2	-38.5	-44.8	-3	-2	-1	-3	-2
Minority interest	0	0	--	--	0	0	0	0	0
Attributable net profit	10	14	49.4	46.7	10	9	13	-0	14
Accumulated ratios
ROTE	7.9%	12.8%	7.9%	8.2%	9.0%	6.6%	12.8%
Efficiency	49.0%	40.8%	49.0%	50.8%	51.3%	48.7%	40.8%
Efficiency with amortisation & depreciation	58.8%	50.9%	58.8%	60.4%	60.9%	58.3%	50.9%
Stage 3 ratio	2.3%	2.5%	2.3%	2.3%	2.2%	2.3%	2.5%
Stage 3 coverage ratio with total provisions	71.6%	69.7%	71.6%	73.3%	79.7%	70.1%	69.7%
YoY (%)	Simple evolution
(€ million)	1Q22	1Q23	YoY (%)	at constant FX	1Q22	2Q22	3Q22	4Q22	1Q23
Total assets	5,121	6,411	25.2	16.0	5,121	5,583	6,483	6,025	6,411
Performing gross loans	3,762	4,119	9.5	2.7	3,762	4,065	4,256	4,131	4,119
Subtotal liabilities	4,576	5,838	27.6	18.8	4,576	4,990	5,888	5,437	5,838
On-balance sheet customer funds	2,448	3,513	43.5	29.8	2,448	2,650	3,311	3,090	3,513
Equity	545	573	5.1	-6.6	545	592	595	588	573
Other data
Employees	447	418	447	431	423	422	418
Branches	15	15	15	15	15	15	15

/xl/drawings/drawing28.xml#'Business%20Units'!A1

Exchange rate

Exchange rate
Group balance sheet
Fx	31.03.22	30.06.22	30.09.22	31.12.22	31.03.23
USD	1.1101	1.0387	0.9748	1.0666	1.0875
GBP	0.8460	0.8582	0.8830	0.8869	0.8792
MXN	22.0903	20.9641	19.6393	20.8560	19.6392
Accumulated P&L
Fx	31.03.22	30.06.22	30.09.22	31.12.22	31.03.23
USD	1.1237	1.0942	1.0658	1.0538	1.0724
GBP	0.8364	0.8423	0.8474	0.8532	0.8831
MXN	22.9873	22.1204	21.4822	21.0739	20.0163
Quarterly P&L
Fx	31.03.22	30.06.22	30.09.22	31.12.22	31.03.23
USD	1.1237	1.0666	1.0648	1.0498	1.0724
GBP	0.8364	0.8481	0.8567	0.8694	0.8831
MXN	22.9873	21.3704	20.4262	20.0508	20.0163

/xl/drawings/drawing29.xml#'Business%20Units'!A1

MARs

Alternative Performance measures
Alternative Performance measures	Conciliation (€ millions)	1Q22	1Q23
ROA	Average total assets	252,255	248,912
Consolidated net profit	227	205
DGF - SRF - IDEC - BT adjustment net of tax	-39	71
ROA (%)	0.30	0.45
ROE	Average equity	13,403	13,786
Attributable net profit	213	205
DGF - SRF - IDEC - BT adjustment net of tax	-39	71
ROE (%)	5.27	8.12
RORWA	Risk weighted assets (RWA)	80,303	77,659
Attributable net profit	213	205
DGF - SRF - IDEC - BT adjustment net of tax	-39	71
RORWA (%)	0.88	1.44
ROTE	Average equity (excluding intangible assets)	10,825	11,308
Attributable net profit	213	205
DGF - SRF - IDEC - BT adjustment net of tax	-39	71
ROTE (%)	6.53	9.90
Efficiency ratio	Gross operating income	1,285	1,311
DGF - SRF - IDEC - BT adjustment	-56	52
Adjusted gross operating income	1,229	1,363
Operating expenses	-590	-593
Efficiency ratio (%)	47.98	43.50
Amortisation & depreciation	-136	-138
Efficiency ratio with amortisation & depreciation (%)	59.03	53.59
Other operating income/expense	Other operating income	13	18
Other operating income/expense	Other operating expenses	-36	-190
Other operating income/expense	Income from assets under insurance or reinsurance contracts	0	0
Other operating income/expense	Expenses on liabilities under insurance or reinsurance contracts	0	0
Other operating income/expense	Other operating income/expense	-23	-172
Total provisions & impairments	Provisions or reversal of provisions	1	-12
Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss and net modification losses or gains	-207	-218
Provisions for NPLs and other financial assets	-207	-230
Impairment of reversal of impairment of investments in joint ventures and associates	0	0
Impairment or reversal of impairment on non- financial assets	-15	-1
Profit or loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations	-6	-6
Gains or losses on sales of equity holdings and other items	1	0
Gains from sales of investment properties and associates	0	1
Other impairments	-20	-6
Total provisions & impairments	-227	-236
Gains on sale of assets and other results	Gains or losses on derecognition of non-financial assets, net	-12	-2
Gains on sale of assets and other results	Gains or losses on sales of equity holdings and other items	-1	-0
Gains on sale of assets and other results	Gains from sales of investment properties and associates	-0	-1
Gains on sale of assets and other results	Gains on sale of assets and other results	-13	-3
Pre-provisions income	Gross operating income	1,285	1,311
Pre-provisions income	Operating expenses	-590	-593
Pre-provisions income	Personnel expenses	-350	-350
Pre-provisions income	Other general expenses	-240	-243
Pre-provisions income	Amortisation & depreciation	-136	-138
Pre-provisions income	Pre-provisions income	560	581
Customer spread (*)	Loans to customers (net)
Customer spread	Avge. balance	155,878	155,284
Customer spread	Results	879	1,258
Customer spread	Rate %	2.29	3.29
Customer spread	Customer deposits
Customer spread	Avge. balance	160,319	161,138
Customer spread	Results	-29	-221
Customer spread	Rate %	-0.07	-0.56
Customer spread	Customer spread	2.22	2.73
Other assets	Derivatives - Hedge accounting	1,015	2,770
Other assets	Fair value changes of the hedged items in portfolio hedge of interest rate risk	-454	-1,344
Other assets	Tax assets	6,904	6,807
Other assets	Other assets	639	547
Other assets	Non-current assets and disposal groups classified as held for sale	764	811
Other assets	Other assets	8,869	9,592
Other liabilities	Derivatives - Hedge accounting	451	1,234
Other liabilities	Fair value changes of the hedged items in portfolio hedge of interest rate risk	-329	-860
Other liabilities	Tax liabilities	245	345
Other liabilities	Other liabilities	657	643
Other liabilities	Liabilities included in disposal groups classified as held for sale	0	28
Other liabilities	Other liabilities	1,024	1,390

/xl/drawings/drawing30.xml#Group!A1

MARs (2)

Alternative Performance measures
Alternative Performance measures	Conciliation (€ millions)	1Q22	1Q23
Mortgage loans & credits	90,790	88,261
Other secured loans & credits	3,331	3,370
Working capital	5,992	6,739
Leasing	2,120	2,237
Unsecured lending and others	52,509	52,029
Performing gross loans	Performing gross loans	154,742	152,637
Stage 3 assets (customer)	5,708	5,524
Accruals	35	174
Gross loans to customers excluding repos	160,485	158,335
Reverse repos	54	120
Gross loans to customers	Gross loans to customers	160,539	158,454
NPL and country-risk provisions	-3,275	-3,041
Loans and advances to customers	157,264	155,413
Financial liabilities at amortised cost	236,919	229,901
Non-retail financial liabilities	75,602	67,594
Central banks	37,978	18,521
Credit institutions	9,600	17,304
Institutional issues	22,392	25,138
Other financial liabilities	5,632	6,632
On-balance sheet customer funds	On-balance sheet customer funds	161,316	162,307
Customer deposits	162,602	161,567
Sight accounts	146,520	142,624
Fixed-term deposits including available and hybrid financial liabilities	15,386	18,372
Repos	634	517
Accruals and derivative hedging adjustments	61	54
Debt and other marketable securities	16,866	21,786
Subordinated liabilities (*)	4,241	4,092
On-balance sheet funds	On-balance sheet funds	183,709	187,445
Mutual funds	23,848	22,984
Managed accounts	3,715	3,669
Pension funds	3,416	3,229
Third-party insurance products	9,645	9,631
Off-balance sheet customer funds	Off-balance sheet customer funds	40,624	39,513
Funds under management and third-party funds	Funds under management and third-party funds	224,333	226,957
Stage 3 exposures	Stage 3 assets (includes valuation adjustments)	5,743	5,557
Total provisions	Guarantees granted in stage 3	467	334
Total provisions	Stage 3 exposures (€ million)	6,210	5,891
Stage 3 coverage ratio with total provisions (%)	Stage 3 exposures	6,210	5,891
Total provisions	3,456	3,219
Stage 3 coverage ratio with total provisions (%)	55.7%	54.6%
Stage 3 coverage ratio (%)	Stage 3 exposures	6,210	5,891
Stage 3 coverage ratio (%)	Stage 3 provisions	2,560	2,328
Stage 3 coverage ratio (%)	Stage 3 coverage ratio (%)	41.2%	39.5%
Problematic Real Estate coverage ratio (%)	Problematic RE Assets	1,299	1,117
Problematic Real Estate coverage ratio (%)	Provisions	494	429
Problematic Real Estate coverage ratio (%)	Problematic Real Estate coverage ratio (%)	38.0%	38.4%
Stage 3 exposures	6,210	5,891
Problematic RE Assets	1,299	1,117
Problematic assets	Problematic assets	7,508	7,008
Provisions of problematic assets	3,950	3,648
Problematic assets coverage (%)	Problematic assets coverage (%)	52.6%	52.0%
Stage 3 ratio (%)	Stage 3 exposures	6,210	5,891
Gross loans to customers excluding repos	160,485	158,335
Guarantees granted	9,221	8,896
Stage 3 ratio (%)	3.66%	3.52%
Credit cost of risk (bps)	Gross loans to customers excluding repos and guarantees granted	169,706	167,230
Provisions for NPLs	-195	-217
NPLs costs	-23	-30
Credit cost of risk (bps)	41	45
Total cost of risk (bps)	Gross loans to customers excluding repos and guarantees granted	169,706	167,230
Problematic RE Assets	1,299	1,117
Total provisions & impairments	-227	-236
Total cost of risk (bps)	54	57
Loan-to-deposits ratio (%)	Adjusted net loans and advances w/o repos by brokered loans	155,885	154,116
On-balance sheet customer funds	161,316	162,307
Loan-to-deposits ratio (%)	96.6%	95.0%
Market capitalisation (€ million)	Average number of shares (million)	5,593	5,596
Gains and charges in the quarter TSB	Share price (€ )	0.746	0.989
Gains and charges in the quarter TSB	Market capitalisation (€ million)	4,170	5,533
Earnings per share (EPS) (€ )	Net profit attributed to the Group adjusted	140	246
Attributable net profit	213	205
DGF - SRF - IDEC - BT adjustment net of tax	-39	71
Accrued AT1	-34	-31
Average number of shares (million)	5,593	5,596
Earnings per share (EPS) (€ )	0.10	0.18
Adjusted equity	13,336	13,728
Shareholders' equity	13,375	13,657
DGF - SRF - IDEC - BT adjustment net of tax	-39	71
Average number of shares (million)	5,593	5,596
Book value per share (€ )	Book value per share (€ )	2.38	2.45
Intangible assets	2,555	2,464
Tangible book value (€ millon )	10,781	11,264
TBV per share (€ )	TBV per share (€ )	1.93	2.01
Share price (€ )	0.746	0.989
Price / Tangible book value (times)	Price / Tangible book value (times)	0.39	0.49
Price / Earnings ratio (P/E) (times)	Price / Earnings ratio (P/E) (times)	7.35	5.56
(*) Refers to subordinated liabilities of debt securities.

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