Banco Santander (BCDRF) Operating Expenses (2009 - 2026)

Banco Santander has disclosed Operating Expenses across 18 years of filings, most recently posting -$8.5 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at -$8.5 billion, down 28.54% year-over-year; the trailing twelve-month figure through Mar 2026 was -$50.9 billion (down 7.52% YoY), and the FY2025 annual result was -$28.8 billion, down 7.05% from the prior year.
• Operating Expenses came in at -$8.5 billion for Q1 2026 at Banco Santander, up from -$28.8 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$4.4 billion in Q2 2025 to a low of -$28.8 billion in Q4 2025.
• The 5-year median for Operating Expenses is -$7.0 billion (2024), against an average of -$11.2 billion.
• Across the five-year window, Operating Expenses sank 50.36% in 2024 and soared 36.4% in 2025, its largest moves.
• Banco Santander's Operating Expenses stood at -$24.4 billion in 2022, then retreated by 8.9% to -$26.6 billion in 2023, then decreased by 1.45% to -$26.9 billion in 2024, then fell by 7.05% to -$28.8 billion in 2025, then jumped by 70.67% to -$8.5 billion in 2026.
• The last three Operating Expenses figures came in at -$8.5 billion (Q1 2026), -$28.8 billion (Q4 2025), and -$7.0 billion (Q3 2025), per Business Quant data.