v3.25.4
Note 5 Basic and diluted earnings per share (Details) - EUR (€)
€ / shares in Units, € in Millions, shares in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Basic and diluted earnings per share [Line Items]      
Profit (loss), attributable to owners of parent € 10,511 € 10,054 [1] € 8,019 [1]
Adjustment additional Tier 1 securities [2] (397) (388) (345)
Profit adjusted 10,114 9,666 7,675
Of which profit loss from continued operations net of remuneration of additional Tier 1 capital instruments 10,114 9,666 7,675
Of which profit from discontinued operations net of non-controlling interest € 0 € 0 € 0
Weighted average number of shares outstanding [3] 5,762 5,793 5,988
Average treasury shares [3] (9) (10) (5)
Share buyback program [3] (5) (13) (28)
Adjusted number of shares basic earnings per share C [3] 5,748 5,769 5,954
Adjusted number of shares diluted earnings per share D [3] 5,748 5,769 5,954
Basic earnings (loss) per share [3] € 1.76 € 1.68 € 1.29
Basic earnings (loss) per share from continuing operations [3] 1.76 1.68 1.29
Diluted earnings (loss) per share from continuing operations [3] 1.76 1.68 1.29
Basic earnings (loss) per share from discontinued operations [3] 0 0 0
Diluted earnings (loss) per share from discontinued operations [3] € 0 € 0 € 0
[1]
(1) In the first quarter of 2025 certain immaterial balance sheet amounts related to specific activities undertaken by the business units were reallocated between the operating segments and the Corporate Center. As a result, certain expenses were reallocated, in particular, between Spain, Rest of Business and the Corporate Center. In order to make the period-on-period comparison homogeneous, the figures for the years 2024 and 2023 have been revised, which has not affected the consolidated financial information of the Group.
[2]
(1) Remuneration in the year related to perpetual contingent convertible securities, recognized in equity (see Note 22.4).
(2
[3]
(2) For the calculation of earnings per share, the average number of shares in a year takes into account the redemptions made in such year related to the share buyback programs (see Note 4).