桑坦德银行（Banco Santander）2026年第一季度财报（英文版）（91页）.pdf

1、January-March2026Index 3SIGNIFICANT EVENTS IN THE PERIOD4KEY CONSOLIDATED DATA6BUSINESS MODEL7INVESTOR DAY10GROUP FINANCIAL INFORMATION10General background11Highlights of the period13Income statement20Balance sheet23Solvency ratios24Risk management28The Santander share30FINANCIAL INFORMATION BY SEGM

2、ENT47SUSTAINABILITY48CORPORATE GOVERNANCE49APPENDIX50Financial information72Alternative performance measures84 Interim condensed consolidated financial statements87Glossary88Important informationThis report was approved by the board of directors on 28 April 2026,following a favourable report from th

3、e audit committee.Important information regarding this report can be found on pages 88,89 and 90.Significant events in the periodCompletion of the Poland disposal and announcement of the Webster acquisitionOn 9 January 2026,Banco Santander and Erste Group Bank AG(Erste)announced the completion of th

4、e sale of Santander Bank Polska(Santander Poland),which had been disclosed in May 2025,after obtaining all required regulatory approvals and fulfilling of the conditions for closing.The abovementioned transaction will hereinafter be referred to as the Poland disposal.Erste acquired approximately 49%

5、of the share capital of Santander Poland and the 50%of the asset management company(TFI)which was not integrated within Santander Poland,for a total cash consideration of approximately EUR 7 billion.The all-cash transaction at 584 zlotys per share values the bank at 2.2 times Q1 2025 tangible book v

6、alue per share and represents a premium of 7.5%versus Santander Polands closing price on 2 May 2025,excluding the dividend paid in May 2025.The transaction resulted in a net capital gain of EUR 1,895 million for Santander,increasing its CET1 ratio by 95 basis points,equivalent to around EUR 6 billio