v3.25.2
Condensed Consolidated Income Statements - EUR (€)
€ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
IFRS Statement [Line Items]    
Interest income € 51,338 € 55,031
Interest expense (30,127) (32,975)
Interest income/ (charges) 21,211 22,056
Dividend income 471 490
Income from companies accounted for using the equity method 332 291
Commission income 8,553 8,361
Commission expense (2,211) (2,199)
Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net 8 19
Gain or losses on financial assets and liabilities held for trading, net 701 368
Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss 523 314
Gain or losses on financial assets and liabilities measured at fair value through profit or loss, net (301) 427
Gain or losses from hedge accounting, net (13) 14
Exchange differences, net 114 (211)
Other operating income [1] 745 427
Other operating expenses (992) (1,332)
Income from insurance and reinsurance contracts 237 249
Expenses from insurance and reinsurance contracts (196) (239)
Total income 29,182 29,035
Administrative expenses (10,738) (10,883)
Staff costs (6,723) (6,825)
Other general and administrative expenses (4,015) (4,058)
Depreciation and amortisation cost (1,626) (1,600)
Provisions or reversal of provisions, net (1,250) (1,598)
Impairment or reversal of impairment of financial assets not measured at fair value through profit or loss and net gains and losses from modifications (6,524) (6,275)
Impairment of investments in subsidiaries, joint ventures and associates, net 0 0
Impairment on non-financial assets, net (147) (289)
Tangible assets (114) (182)
Intangible assets (28) (105)
Others (5) (2)
Gain or losses on non financial assets and investments, net (32) 365
Negative goodwill recognised in results 22 0
Gains or losses on non-current assets held for sale not classified as discontinued operations 217 (31)
Operating profit/(loss) before tax 9,104 8,724
Tax expense or income from continuing operations (2,367) (2,707)
Profit/(loss) for the period from continuing operations 6,737 6,017
Profit/( loss) after tax from discontinued operations 726 575
Profit/(loss) for the period 7,463 6,592
Profit attributable to non-controlling interests 630 533
Profit/(loss) attributable to the parent € 6,833 € 6,059
Earnings/(losses) per share    
Basic earnings per share (in euro per share) € 0.43 € 0.37
Diluted earnings per share (in euro per share) € 0.43 € 0.37
Other financial assets and liabilities    
IFRS Statement [Line Items]    
Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net € 22 € 62
Financial assets at fair value through other comprehensive income    
IFRS Statement [Line Items]    
Interest income 2,736 3,230
Impairment or reversal of impairment of financial assets not measured at fair value through profit or loss and net gains and losses from modifications (55) (4)
Financial assets at amortised cost    
IFRS Statement [Line Items]    
Interest income 38,800 40,599
Gain or losses on financial assets and liabilities not measured at fair value through profit or loss, net (14) (43)
Impairment or reversal of impairment of financial assets not measured at fair value through profit or loss and net gains and losses from modifications (6,469) (6,271)
Other interest income    
IFRS Statement [Line Items]    
Interest income 9,802 11,202
Reclassification of financial assets at fair value through other comprehensive income    
IFRS Statement [Line Items]    
Gain or losses on financial assets and liabilities held for trading, net 0 0
Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss 0 0
Reclassification of financial assets at amortised cost    
IFRS Statement [Line Items]    
Gain or losses on financial assets and liabilities held for trading, net 0 0
Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss 0 0
Other gains (losses)    
IFRS Statement [Line Items]    
Gain or losses on financial assets and liabilities held for trading, net 701 368
Gains or losses on non-trading financial assets and liabilities mandatorily at fair value through profit or loss € 523 € 314
[1] Includes EUR -299 million at 30 June 2025 (EUR -687 million at 30 June 2024) derived from the net monetary loss generated in Argentina as a result of the application of IAS 29 Financial reporting in hyperinflationary economies.