Banco Santander S.A. reported a significant increase in net income to R$13.9 billion for the year ending December 31, 2024, a rise of 47.8% compared to 2023. The filing reflects economic challenges in Brazil and the U.S, as well as an improved operational performance with a consolidated portfolio of R$682.7 billion, up 6.2%. Events reported pertain to the financial year 2024, emphasizing the need for strategic efficiency amid economic turbulence.