EPS of €0.0705 missed the €0.0907 forecast, a 22.3% negative surprise.
Revenue reached €1.52 bn, topping the €1.38 bn estimate by 10.1%, beating expectations.
Shares rose 1.85% after results but fell 1.75% in later trading, closing at €3.311.
Completed TSB sale for £2.9 bn, generating >€300 m capital gains and unlocking >400 bps capital, supporting dividend and buy‑back.