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NII ($M) PRE-TAX INCOME ($M) NET INCOME ($M) PRE-PROVISION NET REVENUE (“PPNR”) ($M) ▪ ▪
▪ ▪ ▪ 44 45 45 44 44 21 23 23 23 22 16 17 18 19 19 15 15 14 14 14 9 8 8 8 8 4 4 4 5 5 $109 $112 $112 $113 $112 2Q22 3Q22 4Q22 1Q23 2Q23 93 97 98 99 98 24 23 24 26 25 23 23 22 26 21 15 15 14 14 14 10 9 10 13 13 $165 $167 $168 $178 $171 2Q22 3Q22 4Q22 1Q23 2Q23
54 56 61 61 62 43 45 44 46 46 27 27 27 35 27 21 19 18 18 19 20 20 18 18 17 $165 $167 $168 $178 $171 2Q22 3Q22 4Q22 1Q23 2Q23 32 31 30 27 27 20 20 18 18 17 2 6 13 16 18 14 14 13 13 12 6 5 5 5 5 $74 $76 $79 $79 $79 2Q22 3Q22 4Q22 1Q23 2Q23 0% 5% 10% 15% 20% 25% 30% 35% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50%
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Auto Originations ▪ ▪ 12 1 Approximate FICO scores 2 Includes nominal capital lease originations 3 Includes SBNA loan originations of $1.4B and lease originations of $1.6B for Q2 2023 4 SBNA originations remain off SC’s balance sheet in the service for others portfolio
16% 17% 11% 9% 9% 7% 7% 6% ▪ ▪ ▪ 1 Data as of June 30, 2023 2 Auto loans excludes commercial fleet and loans held-for-sale (“LHFS”)
0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 4.00% 4.50% 5.00% Residential Mortgage Home Equity Auto Loans Personal Unsecured Other Consumer ² 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% Residential Mortgage Home Equity Auto Loans Personal Unsecured Other Consumer ² 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% CRE C&I Multifamily Other Commercial ³ 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% CRE C&I Multifamily Other Commercial ³
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1 Includes ACL for unfunded commitments
2Q23 1Q23 2Q22 QoQ (%) YoY (%) Senior Unsecured Debt1 10.8 10.3 10.4 5% 4% FHLB 8.7 7.5 2.8 15% 215% Credit Linked Notes 1.2 1.3 0.7 -2% -2% Third-Party Secured Funding2 3.2 4.7 3.3 -32% -2% Amortizing Notes 5.2 3.9 2.0 33% 160% Securitizations 16.5 18.2 22.0 -9% -25% Intragroup 0.0 0.0 2.0 0% -100% Total SHUSA Funding 45.6 45.9 43.2 -1% 6% Preferred Equity 1.5 0.5 0.0 200% 100% $27.6B $37.8B
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▪ ▪ ▪ 16.9% 15.2% 13.2% 12.7% 12.8% 2Q22 3Q22 4Q22 1Q23 2Q23 11.8% 11.1% 10.2% 9.7% 10.0% 2Q22 3Q22 4Q22 1Q23 2Q23 CET12 TIER 1 RISK-BASED CAPITAL RATIO2 TOTAL RISK-BASED CAPITAL RATIO2 TIER 1 LEVERAGE RATIO2 1 2 17.2% 15.5% 13.9% 13.2% 14.2% 2Q22 3Q22 4Q22 1Q23 2Q23 18.9% 17.2% 15.9% 15.3% 16.2% 2Q22 3Q22 4Q22 1Q23 2Q23
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Santander1 A2/Baa1 SHUSA Baa3 SBNA2 Baa1 Santander1 A+/A- SHUSA BBB+ SBNA A- Stable outlook (June 2, 2023) SR. DEBT RATINGS BY SANTANDER ENTITY Santander1 A/A- SHUSA BBB+ SBNA BBB+ Stable outlook (June 25, 2021) Stable outlook (July 22, 2022)
SBNA – Retail Bank SC – Auto Finance BSI – Private Banking SANCAP3– Broker Dealer • • • • • • • • • • SHUSA 2 Santander SC operates in all 50 states Company subsidiary locations SC BSI SBNA SANCAP
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* Other includes the results of immaterial entities, earnings from non-strategic assets, the investment portfolio, interest expense on SBNA’s and SHUSA's borrowings and other debt obligations, amortization of intangible .assets and certain unallocated corporate income and indirect expenses
4.5% 4.7% 2.4% 2.4% 4.1% 4.9% 6.1% 6.4% 6.0% -1.0% 2.9% 3.8% Q2 2018 Q4 2018 Q2 2019 Q4 2019 Q2 2020 Q4 2020 Q2 2021 4Q 2021 Q2 2022 Q4 2022 Q2 2023 60.2% 60.3% 45.7% 114.9% 69.1% 66.8% 15.2% 16.1% 11.1% 6.6% 9.5% 11.6% 9.6% 9.4% 4.3% 5.5% 8.0% 9.2%