v3.26.1
Condensed Consolidated Balance Sheets - EUR (€)
€ in Millions
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
CASH, CASH BALANCES AT CENTRAL BANKS AND OTHER DEPOSITS ON DEMAND € 138,008 € 152,281
FINANCIAL ASSETS HELD FOR TRADING 286,941 252,318
NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS 8,058 7,761
FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 7,884 8,046
FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME 75,371 74,612
FINANCIAL ASSETS AT AMORTISED COST 1,334,351 1,202,689
HEDGING DERIVATIVES 5,006 3,931
CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RISK (500) 50
INVESTMENTS 7,722 7,052
Joint venture entities 2,019 1,956
Associated entities 5,703 5,096
ASSETS UNDER REINSURANCE CONTRACTS 230 223
TANGIBLE ASSETS 26,480 27,438
Property, plant and equipment 25,515 26,416
Investment properties 965 1,022
INTANGIBLE ASSETS 18,772 17,308
Goodwill 13,143 11,958
Other intangible assets 5,629 5,350
TAX ASSETS 31,478 30,076
Current tax assets 11,138 11,132
Deferred tax assets 20,340 18,944
OTHER ASSETS 11,798 8,719
Insurance contracts linked to pensions 63 67
Inventories 6 7
Other 11,729 8,645
NON-CURRENT ASSETS HELD FOR SALE 2,866 75,011
TOTAL ASSETS 1,954,465 1,867,515
LIABILITIES    
FINANCIAL LIABILITIES HELD FOR TRADING 193,417 171,546
FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 43,407 42,148
FINANCIAL LIABILITIES AT AMORTISED COST 1,543,776 1,421,184
HEDGING DERIVATIVES 4,494 4,248
CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK (51) 49
LIABILITIES UNDER INSURANCE CONTRACTS 19,347 18,737
PROVISIONS 9,211 8,355
TAX LIABILITIES 9,784 9,568
Current tax liabilities 3,816 3,664
Deferred tax liabilities 5,968 5,904
OTHER LIABILITIES 15,182 15,937
LIABILITIES ASSOCIATED WITH NON-CURRENT ASSETS HELD FOR SALE 0 62,995
TOTAL LIABILITIES 1,838,567 1,754,767
SHAREHOLDERS´ EQUITY    
SHAREHOLDERS´ EQUITY 143,259 141,144
CAPITAL 7,345 7,345
Called up paid capital 7,345 7,345
Unpaid capital which has been called up 0 0
SHARE PREMIUM 36,792 36,792
EQUITY INSTRUMENTS ISSUED OTHER THAN CAPITAL 0 0
Equity component of the compound financial instrument 0 0
Other equity instruments issued 0 0
OTHER EQUITY 355 273
ACCUMULATED RETAINED EARNINGS 102,456 91,959
REVALUATION RESERVES 0 0
OTHER RESERVES (8,847) (7,532)
(-) OWN SHARES (3,815) (96)
PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT 8,973 14,101
(-) INTERIM DIVIDENDS 0 (1,698)
OTHER COMPREHENSIVE INCOME (LOSS) (33,913) (37,974)
Items not reclassified to profit or loss (3,160) (4,121)
Items that may be reclassified to profit or loss (30,753) (33,853)
NON-CONTROLLING INTEREST 6,552 9,578
Other comprehensive income (1,925) (1,947)
Other items 8,477 11,525
TOTAL EQUITY 115,898 112,748
TOTAL LIABILITIES AND EQUITY 1,954,465 1,867,515
Pension and other post-retirement obligations    
LIABILITIES    
PROVISIONS 1,616 1,656
Other long term employee benefits    
LIABILITIES    
PROVISIONS 1,052 993
Taxes and other legal contingencies    
LIABILITIES    
PROVISIONS 3,303 2,989
Contingent liabilities and commitments    
LIABILITIES    
PROVISIONS 748 713
Other provisions    
LIABILITIES    
PROVISIONS 2,492 2,004
Loan commitments granted    
SHAREHOLDERS´ EQUITY    
MEMORANDUM ITEMS: OFF BALANCE SHEET AMOUNTS 325,379 321,234
Financial guarantees granted    
SHAREHOLDERS´ EQUITY    
MEMORANDUM ITEMS: OFF BALANCE SHEET AMOUNTS 17,498 17,449
Other commitments granted    
SHAREHOLDERS´ EQUITY    
MEMORANDUM ITEMS: OFF BALANCE SHEET AMOUNTS 151,556 148,118
For own-use    
ASSETS    
Property, plant and equipment 11,993 11,663
Leased out under an operating lease    
ASSETS    
Property, plant and equipment 13,522 14,753
Investment properties € 790 € 860