Banco Santander (BCDRF) Operating Expenses (2009 - 2026)
Banco Santander's (BCDRF) quarterly Operating Expenses came in at -$7.4 billion in Q2 2026, down 7.68% year-over-year from -$8.1 billion in Q2 2025, and down 3.74% quarter-over-quarter from -$7.2 billion in Q1 2026.
Analysis
Banco Santander (BCDRF) Operating Expenses (2009 - 2026) Analysis & Trends
Banco Santander has disclosed Operating Expenses across 18 years of filings, most recently posting -$7.4 billion for Q2 2026.
- In Q2 2026, Operating Expenses fell 7.68% year-over-year to -$7.4 billion; the TTM figure through Jun 2026 stood at -$30.8 billion (up 34.96% YoY), while the FY2025 annual figure was -$34.4 billion, down 6.5% from the prior year.
- Operating Expenses came in at -$7.4 billion for Q2 2026 at Banco Santander, down from -$7.2 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$6.2 billion in Q3 2022 to a low of -$27.4 billion in Q4 2023.
- Average Operating Expenses over 5 years is -$10.2 billion, with a median of -$7.0 billion recorded in 2024.
- Year-over-year, Operating Expenses retreated 13.61% in 2023 and jumped 66.01% in 2025.
- Over 5 years, Operating Expenses stood at -$24.4 billion in 2022, then dropped by 12.17% to -$27.4 billion in 2023, then increased by 1.76% to -$26.9 billion in 2024, then soared by 66.01% to -$9.1 billion in 2025, then climbed by 18.5% to -$7.4 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$7.4 billion in Q2 2026, -$7.2 billion in Q1 2026, and -$9.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 13.90 Bn |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 11.67 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 17.50 Bn |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | 7.02 Bn |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | 13.66 Bn |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 14.48 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -7.44 Bn |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | 6.08 Bn |
| 10 | Schwab Charles | 189.00 Bn | 115.41 Bn | - | 3.40 Bn |
Historic Data
Download Data
Historic 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 |