Banco Santander (BCDRF) Operating Expenses (2009 - 2026)
Banco Santander (BCDRF) posted Operating Expenses of -$7.2 billion for Q1 2026, up 2.89% sequentially from -$7.4 billion in Q4 2025, and down 8.76% YoY from -$7.9 billion in Q1 2025.
Banco Santander (BCDRF) Operating Expenses (2009 - 2026) Analysis & Trends
Banco Santander (BCDRF) has 18 years of Operating Expenses data on file, last reported at -$7.2 billion in Q1 2026.
- Quarterly Operating Expenses fell 8.76% year-over-year to -$7.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$28.5 billion (up 39.81% YoY) and the FY2025 annual result came in at -$7.4 billion, up 72.57% from the prior year.
- Operating Expenses grew to -$7.2 billion in Q1 2026 per BCDRF's latest filing, from -$7.4 billion in the prior quarter.
- The five-year high for Operating Expenses was -$6.2 billion in Q3 2022, with the low at -$26.9 billion in Q4 2024.
- Average Operating Expenses over 5 years is -$9.3 billion, with a median of -$6.9 billion recorded in 2025.
- Year-over-year, Operating Expenses soared 73.73% in 2022 and plunged 312.67% in 2023.
- Banco Santander's Operating Expenses stood at -$6.4 billion in 2022, then sank by 312.67% to -$26.6 billion in 2023, then declined by 1.45% to -$26.9 billion in 2024, then surged by 72.57% to -$7.4 billion in 2025, then rose by 2.89% to -$7.2 billion in 2026.
- Business Quant data shows BCDRF's Operating Expenses at -$7.2 billion in Q1 2026, -$7.4 billion in Q4 2025, and -$7.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 609.00 Mn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 18.53 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 14.33 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 13.84 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 3.40 Bn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 26.85 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | -19.18 Bn |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 90.51 Mn |
| 10 | Banco Santander | - | - | - | -7.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.18 Bn |
| Dec 31, 2025 | -7.39 Bn |
| Sep 30, 2025 | -7.03 Bn |
| Jun 30, 2025 | -6.91 Bn |
| Mar 31, 2025 | -6.60 Bn |
| Dec 31, 2024 | -26.94 Bn |
| Sep 30, 2024 | -6.97 Bn |
| Jun 30, 2024 | -6.86 Bn |
| Mar 31, 2024 | -8.65 Bn |
| Dec 31, 2023 | -26.56 Bn |
| Sep 30, 2023 | -8.80 Bn |
| Jun 30, 2023 | -6.90 Bn |
| Mar 31, 2023 | -6.60 Bn |
| Dec 31, 2022 | -6.44 Bn |
| Sep 30, 2022 | -6.21 Bn |
| Jun 30, 2022 | -6.30 Bn |
| Mar 31, 2022 | -6.21 Bn |
| Dec 31, 2021 | -24.50 Bn |
| Sep 30, 2021 | -6.37 Bn |
| Jun 30, 2021 | -6.33 Bn |