v3.26.1
Discontinued operations
 12 Months Ended
Dec. 31, 2025
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]  
Discontinued operations Discontinued operations
As a result of the agreement for the sale of part of the Polish business, the effect of these businesses on the consolidated income statement of 2025 has been classified under the line item 'Profit/(loss) after tax from discontinued operations', with the same classification applied for comparative purposes in the consolidated income statement of years 2024 and 2023 (see Note 3).
a) Breakdown
The following is a breakdown of the heading 'Profit/loss after tax from discontinued operations' at 31 December of 2025, 2024 and 2023:
EUR million202520242023
Entities held for sale
Santander Bank Polska (Note 3)
1,5421,2411,058
Profit/loss after tax from discontinued operations1,5421,2411,058
b) Gains or losses from entities held for sale
The following are the consolidated summary profit and loss accounts for the business held for sale in Poland:
EUR million
Condensed consolidated income statements202520242023
Interest margin3,006 2,881 2,611 
Dividend income4 4 3 
Investments accounted for using the equity method28 24 22 
Net commissions685 634 562 
Net trading income74 62 68 
Other operating results(77)(109)(94)
Total income3,720 3,496 3,172 
Administrative expenses, depreciation and amortisation cost(1,014)(885)(793)
Impairment of financial assets A
(285)(508)(658)
Other results and provisions(471)(423)(267)
Profit before taxes1,950 1,680 1,454 
Tax expense(408)(439)(396)
Profit of the year1,542 1,241 1,058 
A.Of which EUR 144 million correspond to renegotiations or contractual modifications at 31 December 2025 (EUR 334 and 457 million at 31 December 2024 and 2023, respectively).