Overview
- Net profit reached €5,891 million for 2025, up 1.8% year over year, as net interest income fell 3.9% with lower rates and service income rose 5.4%.
- Gross customer lending increased 6.4% to €384.3 billion and customer resources grew 6.8% to €731.9 billion, with 390,000 new clients lifting the base to 20.7 million and business volume to €1.1 trillion.
- Asset quality improved with a non-performing loan ratio of 2.1%, coverage of 77%, and a cost of risk of 0.22%.
- The board will ask shareholders to approve a €0.3321 gross complementary dividend payable in April, taking total 2025 cash remuneration to €0.50 per share, equal to 59.4% of net profit.
- The CET1 ratio stood at 12.25% at year-end; the bank maintained a 50–60% payout framework for 2026 and completed two €500 million buybacks in 2025, with a seventh programme launched on 25 November.