Banco Santander (BCDRF) Deferred Taxes (2018 - 2024)
Banco Santander's (BCDRF) quarterly Deferred Taxes came in at -$1.2 billion in Q4 2024, down 103.29% year-over-year from $35.4 billion in Q1 2024, and down 103.29% quarter-over-quarter from -$573.5 million in Q4 2023.
Analysis
Banco Santander (BCDRF) Deferred Taxes (2018 - 2024) Analysis & Trends
Banco Santander has disclosed Deferred Taxes across 6 years of filings, most recently posting -$1.2 billion for Q4 2024.
- In Q4 2024, Deferred Taxes fell 103.29% year-over-year to -$1.2 billion; the TTM figure through Dec 2024 stood at -$3.3 billion (down 49.84% YoY), while the FY2021 annual figure was $77.8 million, up 104.98% from the prior year.
- Deferred Taxes came in at -$1.2 billion for Q4 2024 at Banco Santander, down from -$573.5 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of -$43.9 million in Q4 2022 to a low of -$1.6 billion in Q4 2020.
- Average Deferred Taxes over 4 years is -$836.3 million, with a median of -$869.7 million recorded in 2023.
- Year-over-year, Deferred Taxes slumped 2839.74% in 2020 and tumbled 103.29% in 2024.
- Over 4 years, Deferred Taxes stood at -$1.6 billion in 2020, then jumped by 97.19% to -$43.9 million in 2022, then tumbled by 1207.2% to -$573.5 million in 2023, then tumbled by 103.29% to -$1.2 billion in 2024.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$1.2 billion in Q4 2024, -$573.5 million in Q4 2023, and -$43.9 million in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 511.00 Mn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | - |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | -441.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 22.95 Mn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 865.00 Mn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | -74.00 Mn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | -324.89 Mn |
| 10 | Schwab Charles | 186.08 Bn | 112.49 Bn | - | -10.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -1.17 Bn |
| Dec 31, 2023 | -573.48 Mn |
| Dec 31, 2022 | -43.87 Mn |
| Dec 31, 2020 | -1.56 Bn |
| Dec 31, 2019 | -53.13 Mn |
| Dec 31, 2018 | -94.74 Mn |