Banco Santander BCDRF
NYSE BCDRF
$14.58 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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