v3.25.2
Shareholder remuneration system and earnings per share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings per share [abstract]  
Schedule of shareholder remuneration
The cash remuneration paid by Banco Santander to its shareholders in the first six months of 2025 and 2024 was as follows:
30-06-202530-06-2024
% of par
value
Euros per
share
Amount
(EUR million)
% of par
value
Euros per
share
Amount
(EUR million)
Ordinary shares0.220.111,64319.17%0.0950 1,485 
Other shares (without vote, redeemable, etc.)— — — 
Total remuneration paid0.220.111,64319.17%0.0950 1,485 
Dividend paid out of profit0.220.111,64319.17%0.0950 1,485 
Dividend paid with a charge to reserves or share premium— — — 
Dividend in kind— — — 
Flexible payment— — — 
Schedule of basic and diluted earnings per share
Basic earnings per share for the period are calculated by dividing the net profit attributable to Grupo Santander for the first six months adjusted by the after-tax amount relating to the remuneration of contingently convertible preference shares recognised in equity by the weighted average number of ordinary shares outstanding during the period, excluding the average number of treasury shares held in the period.
Accordingly:
30-06-202530-06-2024
Profit attributable to the Parent (EUR million)6,833 6,059 
Remuneration of contingently convertible preferred securities (CCPS) (EUR million)(310)(309)
6,523 5,750 
Of which:
Profit or Loss from discontinued operations (non controlling interest net) (EUR million)726 575 
Profit or Loss from continuing operations (CCPS net) (EUR million)5,797 5,175 
Weighted average number of shares outstanding14,995,834,683 15,664,707,190 
Basic earnings per share (euros)0.43 0.37 
Of which: from discontinued operations (euros)0.05 0.04 
                  from continuing operations (euros)0.38 0.33 
ii. Diluted earnings per share
Diluted earnings per share for the period are calculated by dividing the net profit attributable to Grupo Santander for the first six months adjusted by the after-tax amount relating to the remuneration of contingently convertible preference shares recognised in equity and of perpetual liabilities contingently amortisable in their case by the weighted average number of ordinary shares outstanding during the period, excluding the average number of treasury shares and adjusted for all the dilutive effects inherent to potential ordinary shares (share options, warrants and convertible debt instruments).
Accordingly, diluted earnings per share were determined as follows:
30-06-202530-06-2024
Profit attributable to the Parent (EUR million)6,8336,059 
Remuneration of contingently convertible preferred securities (CCPS) (EUR million)(310)(309)
6,523 5,750 
Of which:
Profit or Loss from discontinued operations (non controlling interest net) (EUR million)726 575 
Profit or Loss from continuing operations (CCPS net) (EUR million)5,797 5,175 
Weighted average number of shares outstanding14,995,834,683 15,664,707,190 
Dilutive effect of options/receipt of shares81,043,722 70,622,287 
Adjusted number of shares15,076,878,405 15,735,329,477 
Diluted earnings per share (euros)0.43 0.37 
Of which: from discontinued operations (euros)0.05 0.04 
                  from continuing operations (euros)0.380.33