{"id":38588,"date":"2018-12-05T00:00:00","date_gmt":"2018-12-04T23:00:00","guid":{"rendered":"https:\/\/aebanca.es\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/"},"modified":"2026-04-09T09:39:46","modified_gmt":"2026-04-09T07:39:46","slug":"spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11","status":"publish","type":"notas-de-prensa","link":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/","title":{"rendered":"Spanish banks report a profit of 11.199 billion through September, up 11%"},"content":{"rendered":"

CONSOLIDATED INCOME STATEMENT<\/strong><\/p>\n

Spanish banks obtained an attributed profit of 11.199 billion euros in the first nine months of 2018, representing an 11% increase compared to the same period of the previous year.<\/p>\n

Lower provisioning requirements and improved results from the sale of non-current assets, including foreclosed properties, account for most of the profit performance, which also reflects a slight decrease in operating expenses in line with the reduction of the balance sheet.<\/p>\n

Gross margin decreased by 3.4% through September, primarily due to the negative performance of exchange rate differences and the reduction in other operating results. Expenses were reduced by 1.2% over the last twelve months, and the efficiency ratio was established half a point below 50%. <\/p>\n

The sharp decrease in the need for impairment losses and provisions for bad debts by 2.3 billion euros, or 15%, as well as lower requirements for write-downs of other assets and better results obtained from the sale of non-current assets, raised the pre-tax profit by 7.5% annually.<\/p>\n

After reflecting tax expense, which increased by 12.5% in the first nine months of the year, the consolidated result rose to 13.133 billion euros, representing a 5.6% increase and a return on assets (ROA) of 0.69%, compared to the 0.64% ratio recorded a year earlier.<\/p>\n

Attributed profit reflects a 17.7% reduction in the result corresponding to minority interests during this period and represents a return on equity (ROE) of 7.4%, half a percentage point above that obtained in September 2017.<\/p>\n

CONSOLIDATED BALANCE SHEET<\/strong><\/p>\n

The aggregate consolidated balance sheets of Spanish banking groups stood at 2.5 trillion euros as of September 30, 2018, representing a reduction of 32.604 billion euros, or 1.3% year-on-year.<\/p>\n

Fixed-income securities experienced the most significant variation on the balance sheet, with a reduction in the balance of 20 billion euros, or 5% annually, across the set of portfolios held in assets. Conversely, the balance of issued securities other than shares grew by more than 11 billion euros, more than 3% annually. <\/p>\n

Customer loan and deposit balances remained at levels similar to those of the previous year, following slight reductions of around 0.5% annually, such that the loan to deposits ratio (LtD)<\/em> remained at 108%.<\/p>\n

Following an intense process of reducing non-performing assets, the NPL ratio fell to 4.3% in September, compared to 4.7% a year earlier, with coverage exceeding 67% of the balances accounted for as doubtful, which is more than two percentage points higher than in September 2017.<\/p>\n

In line with the trend experienced over recent years, wholesale funding from central banks and credit institutions was reduced to 27 billion euros, 40% less than a year ago, representing just 1.1% of the total balance sheet.<\/p>\n

Equity exceeded 200 billion euros and now accounts for more than 8% of the total balance sheet, with year-on-year growth of 3%. Meanwhile, the solvency ratio stood at 11.17% measured in terms of CET1 fully loaded<\/em>, 10 basis points above the level obtained twelve months ago. <\/p>\n

Download press release and results table<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lower provisioning requirements and improved results from the sale of non-current assets, including foreclosed properties, account for most of the profit performance, which also reflects a slight decrease in operating expenses in line with the reduction of the balance sheet.<\/p>\n","protected":false},"featured_media":36363,"parent":0,"template":"","etiquetas-prensa":[805],"class_list":["post-38588","notas-de-prensa","type-notas-de-prensa","status-publish","has-post-thumbnail","hentry","etiquetas-prensa-results"],"yoast_head":"\nSpanish banks report a profit of 11.199 billion through September, up 11% - Asociaci\u00f3n Espa\u00f1ola de Banca<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spanish banks report a profit of 11.199 billion through September, up 11% - Asociaci\u00f3n Espa\u00f1ola de Banca\" \/>\n<meta property=\"og:description\" content=\"Lower provisioning requirements and improved results from the sale of non-current assets, including foreclosed properties, account for most of the profit performance, which also reflects a slight decrease in operating expenses in line with the reduction of the balance sheet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/\" \/>\n<meta property=\"og:site_name\" content=\"Asociaci\u00f3n Espa\u00f1ola de Banca\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-09T07:39:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aebanca.es\/wp-content\/uploads\/2018\/07\/para-infografa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"712\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@aebanca\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/\",\"url\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/\",\"name\":\"Spanish banks report a profit of 11.199 billion through September, up 11% - Asociaci\u00f3n Espa\u00f1ola de Banca\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aebanca.es\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/para-infografa.jpg\",\"datePublished\":\"2018-12-04T23:00:00+00:00\",\"dateModified\":\"2026-04-09T07:39:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/#primaryimage\",\"url\":\"https:\\\/\\\/aebanca.es\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/para-infografa.jpg\",\"contentUrl\":\"https:\\\/\\\/aebanca.es\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/para-infografa.jpg\",\"width\":1000,\"height\":712},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/actualidad\\\/notas-de-prensa\\\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/aebanca.es\\\/en\\\/home\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spanish banks report a profit of 11.199 billion through September, up 11%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/aebanca.es\\\/en\\\/\",\"name\":\"AEB\",\"description\":\"Asociaci\u00f3n Espa\u00f1ola de Banca\",\"publisher\":{\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/aebanca.es\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/#organization\",\"name\":\"AEB\",\"url\":\"https:\\\/\\\/aebanca.es\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/aebanca.es\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/LOGO-AEB-menu.svg\",\"contentUrl\":\"https:\\\/\\\/aebanca.es\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/LOGO-AEB-menu.svg\",\"width\":57,\"height\":22,\"caption\":\"AEB\"},\"image\":{\"@id\":\"https:\\\/\\\/aebanca.es\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/aebanca\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Spanish banks report a profit of 11.199 billion through September, up 11% - Asociaci\u00f3n Espa\u00f1ola de Banca","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/","og_locale":"en_US","og_type":"article","og_title":"Spanish banks report a profit of 11.199 billion through September, up 11% - Asociaci\u00f3n Espa\u00f1ola de Banca","og_description":"Lower provisioning requirements and improved results from the sale of non-current assets, including foreclosed properties, account for most of the profit performance, which also reflects a slight decrease in operating expenses in line with the reduction of the balance sheet.","og_url":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/","og_site_name":"Asociaci\u00f3n Espa\u00f1ola de Banca","article_modified_time":"2026-04-09T07:39:46+00:00","og_image":[{"width":1000,"height":712,"url":"https:\/\/aebanca.es\/wp-content\/uploads\/2018\/07\/para-infografa.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@aebanca","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/","url":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/","name":"Spanish banks report a profit of 11.199 billion through September, up 11% - Asociaci\u00f3n Espa\u00f1ola de Banca","isPartOf":{"@id":"https:\/\/aebanca.es\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/#primaryimage"},"image":{"@id":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/#primaryimage"},"thumbnailUrl":"https:\/\/aebanca.es\/wp-content\/uploads\/2018\/07\/para-infografa.jpg","datePublished":"2018-12-04T23:00:00+00:00","dateModified":"2026-04-09T07:39:46+00:00","breadcrumb":{"@id":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/#primaryimage","url":"https:\/\/aebanca.es\/wp-content\/uploads\/2018\/07\/para-infografa.jpg","contentUrl":"https:\/\/aebanca.es\/wp-content\/uploads\/2018\/07\/para-infografa.jpg","width":1000,"height":712},{"@type":"BreadcrumbList","@id":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/spanish-banks-report-a-profit-of-11-199-billion-through-september-up-11\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aebanca.es\/en\/home\/"},{"@type":"ListItem","position":2,"name":"Spanish banks report a profit of 11.199 billion through September, up 11%"}]},{"@type":"WebSite","@id":"https:\/\/aebanca.es\/en\/#website","url":"https:\/\/aebanca.es\/en\/","name":"AEB","description":"Asociaci\u00f3n Espa\u00f1ola de Banca","publisher":{"@id":"https:\/\/aebanca.es\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aebanca.es\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/aebanca.es\/en\/#organization","name":"AEB","url":"https:\/\/aebanca.es\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aebanca.es\/en\/#\/schema\/logo\/image\/","url":"https:\/\/aebanca.es\/wp-content\/uploads\/2025\/07\/LOGO-AEB-menu.svg","contentUrl":"https:\/\/aebanca.es\/wp-content\/uploads\/2025\/07\/LOGO-AEB-menu.svg","width":57,"height":22,"caption":"AEB"},"image":{"@id":"https:\/\/aebanca.es\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/aebanca"]}]}},"_links":{"self":[{"href":"https:\/\/aebanca.es\/en\/wp-json\/wp\/v2\/notas-de-prensa\/38588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aebanca.es\/en\/wp-json\/wp\/v2\/notas-de-prensa"}],"about":[{"href":"https:\/\/aebanca.es\/en\/wp-json\/wp\/v2\/types\/notas-de-prensa"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aebanca.es\/en\/wp-json\/wp\/v2\/media\/36363"}],"wp:attachment":[{"href":"https:\/\/aebanca.es\/en\/wp-json\/wp\/v2\/media?parent=38588"}],"wp:term":[{"taxonomy":"etiquetas-prensa","embeddable":true,"href":"https:\/\/aebanca.es\/en\/wp-json\/wp\/v2\/etiquetas-prensa?post=38588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}