Banco Santander (BCDRF) Operating Expenses (2009 - 2026)
Banco Santander (BCDRF) posted Operating Expenses of -$7.4 billion for Q2 2026, down 3.74% sequentially from -$7.2 billion in Q1 2026, and down 7.68% YoY from -$8.1 billion in Q2 2025.
Banco Santander (BCDRF) Operating Expenses (2009 - 2026) Analysis & Trends
Banco Santander has reported Operating Expenses for 18 years, with the latest figure at -$7.4 billion in Q2 2026.
- Quarterly Operating Expenses fell 7.68% year-over-year to -$7.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$30.8 billion (up 34.96% YoY) and the FY2025 annual result came in at -$8.9 billion, up 2.97% from the prior year.
- Operating Expenses fell to -$7.4 billion in Q2 2026 per BCDRF's latest filing, from -$7.2 billion in the prior quarter.
- Over five years, Operating Expenses peaked at -$6.2 billion in Q3 2022 and troughed at -$27.4 billion in Q4 2023.
- A 5-year average of -$10.2 billion and a median of -$7.0 billion in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses decreased 13.61% in 2023, then surged 66.01% in 2025.
- Over 5 years, Operating Expenses stood at -$24.4 billion in 2022, then fell by 12.17% to -$27.4 billion in 2023, then gained by 1.76% to -$26.9 billion in 2024, then surged by 66.01% to -$9.1 billion in 2025, then increased by 18.5% to -$7.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$7.4 billion, -$7.2 billion, and -$9.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 16.82 Bn |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 6.82 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 13.66 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 17.50 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 14.22 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | -7.44 Bn |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 6.11 Bn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 3.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -7.44 Bn |
| Mar 31, 2026 | -7.18 Bn |
| Dec 31, 2025 | -9.14 Bn |
| Sep 30, 2025 | -7.03 Bn |
| Jun 30, 2025 | -6.91 Bn |
| Mar 31, 2025 | -6.58 Bn |
| Dec 31, 2024 | -26.87 Bn |
| Sep 30, 2024 | -6.97 Bn |
| Jun 30, 2024 | -6.86 Bn |
| Mar 31, 2024 | -7.11 Bn |
| Dec 31, 2023 | -27.36 Bn |
| Sep 30, 2023 | -7.06 Bn |
| Jun 30, 2023 | -6.90 Bn |
| Mar 31, 2023 | -6.60 Bn |
| Dec 31, 2022 | -24.39 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 |