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
DateValue
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