Banco Santander (BCDRF) Gross Margin (2009 - 2026)
Banco Santander (BCDRF) posted Gross Margin of 92.12% for Q2 2026, little changed sequentially from 92.17% in Q1 2026, and down 25.0% YoY from 122.83% in Q2 2025.
Banco Santander (BCDRF) Gross Margin (2009 - 2026) Analysis & Trends
Banco Santander has reported Gross Margin for 17 years, with the latest figure at 92.12% in Q2 2026.
- Quarterly Gross Margin fell 25.0% year-over-year to 92.12% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 93.28% (up 395.0% YoY) and the FY2025 annual result came in at 462.71%, up 36271.0% from the prior year.
- Gross Margin held at 92.12% in Q2 2026 per BCDRF's latest filing, from 92.17% in the prior quarter.
- Over five years, Gross Margin peaked at 94.81% in Q4 2025 and troughed at 72.18% in Q4 2024.
- A 5-year average of 90.81% and a median of 92.34% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 2039 bps in 2024, then jumped 2263 bps in 2025.
- Over 5 years, Gross Margin stood at 92.18% in 2022, then advanced by 0 bps to 92.57% in 2023, then decreased by 22 bps to 72.18% in 2024, then jumped by 31 bps to 94.81% in 2025, then slipped by 3 bps to 92.12% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 92.12%, 92.17%, and 94.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 96.31% |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | - |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | -47.41% |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 99.93% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | - |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.12% |
| Mar 31, 2026 | 92.17% |
| Dec 31, 2025 | 94.81% |
| Sep 30, 2025 | 92.44% |
| Jun 30, 2025 | 92.37% |
| Mar 31, 2025 | 92.33% |
| Dec 31, 2024 | 72.18% |
| Sep 30, 2024 | 92.43% |
| Jun 30, 2024 | 85.97% |
| Mar 31, 2024 | 92.36% |
| Dec 31, 2023 | 92.57% |
| Jun 30, 2023 | 92.44% |
| Mar 31, 2023 | 92.03% |
| Dec 31, 2022 | 92.18% |
| Jun 30, 2022 | 92.16% |
| Mar 31, 2022 | 92.40% |
| Dec 31, 2021 | 92.87% |
| Jun 30, 2021 | 93.37% |
| Mar 31, 2021 | 93.35% |
| Dec 31, 2020 | 93.20% |