Profit performance
The group obtained €708.4 million in net attributed profit (+90.6% year-on-year). Excluding TSB, €586.4 million (+57.8% year-on-year).
Net attributable profit
708.4M€
+90.6% 2015/2014
Evolution of cost/income ratio
+41.7%
ROTE
7.6%
Evolution of net interest income
(€ milion)
(€ milion)
Evolution of cost/income ratio
Net interest income growth in a low interest rate environment. Highest customer spread compared to the rest of Spanish Banks.
Heavy increase in commission based income boosted by a surge in asset management.
Extraordinary profits have been offset by additional provisions.