Banco Santander BCDRF
NYSE BCDRF
$14.58 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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