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This data, that is not under the obligation to disclose information required by the Comisión Nacional del Mercado de Valores (CNMV), is provided as a courtesy and for convenience and informational purposes only and is not intended to imply any endorsement of or provide any investment advice.
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| Consensus (EUR m) (*) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Interest Income | 22,045 | 21,962 | 21,879 |
| Gross Income | 27,477 | 27,818 | 28,189 |
| Operating Income | 15,502 | 15,494 | 15,557 |
| Net Attributable Profit | 7,018 | 6,755 | 6,846 |
| BIS3 FL CET1 (%) | 13,19 | 13,30 | 13,43 |
(*) Consensus calculated from the contribution of 19 analysts for the P&L and the CET1 ratio. Data updated as of May 31, 2023.
| Net Attributable Profit (EUR m) (*) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Spain | 2,233 | 2,154 | 2,301 |
| Mexico | 4,819 | 4,545 | 4,493 |
| Turkey | 404 | 282 | 304 |
| South America | 616 | 588 | 592 |
| Rest of Business | 244 | 260 | 259 |
| Corporate Center | -1,351 | -1,094 | -1,104 |
(*) Consensus calculated from the contribution of 18 analysts. Data updated as of May 31, 2023.
| Company | Analyst |
|---|---|
| Alantra Equities | Francisco Riquel |
| Autonomous Research | Britta Schmidt |
| Banco Sabadell | María Paz Ojeda |
| Bankinter | Rafael Alonso |
| Barclays Capital | Cecilia Romero |
| Berenberg | Michael Christodoulou |
| Bestinver | Fernando Gil de Santivañes |
| CaixaBank BPI | Carlos Joaquim Peixoto |
| Citigroup | Marta Sánchez Romero |
| Credit Suisse | Jon Peace |
| Deutsche Bank | Alfredo Alonso |
| Exane BNP Paribas | Ignacio Ulargui |
| Goldman Sachs | Chris Hallam |
| GVC Gaesco | Marisa Mazo |
| HSBC | Domenico Santoro |
| JB Capital | Maksym Mishyn |
| Jefferies | Benjie Creeland-Sandford |
| JP Morgan | Sofie Peterzéns |
| KBW | Hugo Cruz |
| Kepler Cheuvreux | Jacques-Henri Gaulard |
| Mediobanca | Andrea Filtri |
| Morgan Stanley | Álvaro Serrano |
| Morningstar | Johann Scholtz |
| RBC | Benjamin Toms |
| Redburn | Gonzalo López |
| Renta 4 | Nuria Álvarez |
| Santander | Patrick Lee |
| Société Générale | Carlos Cobo |
| UBS | Ignacio Cerezo |
| Company | Recommendation | P.O. | Date |
|---|---|---|---|
| Alantra Equities | BUY | 8.85 | 04/27/2023 |
| Autonomous | HOLD | 8.32 | 05/03/2023 |
| Bankinter | BUY | 8.20 | 05/04/2023 |
| Barclays Capital | HOLD | 8.80 | 05/25/2023 |
| Berenberg | HOLD | 7.20 | 04/28/2023 |
| Bestinver | BUY | 7.70 | 02/10/2023 |
| Caixabank BPI | BUY | 8.60 | 04/28/2023 |
| Citigroup | BUY | 10.00 | 05/05/2023 |
| Carraighill | HOLD | 7.00 | 08/13/2021 |
| Credit Suisse | HOLD | 7.20 | 04/28/2022 |
| Deutsche Bank | BUY | 9.20 | 05/02/2023 |
| Exane BNP Paribas | HOLD | 7.60 | 04/27/2023 |
| Goldman Sachs | HOLD | 9.30 | 05/02/2023 |
| GVC Gaesco | HOLD | 6,00 | 11/07/2021 |
| HSBC | BUY | 9.00 | 04/28/2023 |
| JB Capital | BUY | 9.80 | 04/28/2023 |
| Jefferies | BUY | 8.00 | 04/27/2023 |
| JP Morgan | HOLD | 8.80 | 05/04/2023 |
| Keefe B&W | HOLD | 8.63 | 05/18/2023 |
| Kepler Cheuvreux | HOLD | 7.46 | 04/28/2023 |
| Mediobanca | HOLD | 7.00 | 04/28/2022 |
| Morgan Stanley | BUY | 8.70 | 04/27/2023 |
| Morningstar | BUY | 9.30 | 03/10/2023 |
| Norbolsa | HOLD | 5.04 | 06/17/2021 |
| Oddo | HOLD | 8.20 | 04/28/2023 |
| RBC | BUY | 8.00 | 04/13/2023 |
| Redburn | HOLD | NA | 05/07/2021 |
| Renta 4 | BUY | 8.39 | 12/14/2021 |
| Sabadell | BUY | 6.13 | 06/16/2022 |
| Santander | BUY | 8.25 | 02/01/2023 |
| Societe Generale | HOLD | 6.90 | 04/28/2023 |
| UBS | BUY | 9.20 | 05/01/2023 |
| Company | Analyst |
|---|---|
| Alantra Equities | Francisco Riquel |
| Autonomous Research | Britta Schmidt |
| Banco Sabadell | María Paz Ojeda |
| Bankinter | Rafael Alonso |
| Barclays Capital | Cecilia Romero |
| Berenberg | Michael Christodoulou |
| Bestinver | Fernando Gil de Santivañes |
| CaixaBank BPI | Carlos Joaquim Peixoto |
| Citigroup | Marta Sánchez Romero |
| Credit Suisse | Jon Peace |
| Deutsche Bank | Alfredo Alonso |
| Exane BNP Paribas | Ignacio Ulargui |
| Goldman Sachs | Chris Hallam |
| GVC Gaesco | Marisa Mazo |
| HSBC | Domenico Santoro |
| JB Capital | Maksym Mishyn |
| Jefferies | Benjie Creeland-Sandford |
| JP Morgan | Sofie Peterzéns |
| KBW | Hugo Cruz |
| Kepler Cheuvreux | Jacques-Henri Gaulard |
| Mediobanca | Andrea Filtri |
| Morgan Stanley | Álvaro Serrano |
| Morningstar | Johann Scholtz |
| RBC | Benjamin Toms |
| Redburn | Gonzalo López |
| Renta 4 | Nuria Álvarez |
| Santander | Patrick Lee |
| Société Générale | Carlos Cobo |
| UBS | Ignacio Cerezo |
