Banco Santander (BCDRF) Tax Rate (2009 - 2025)
Banco Santander (BCDRF) posted Tax Rate of 83.09% for Q4 2025, down 14.51% sequentially from 97.2% in Q4 2024, and down 1411.0% YoY from 6.34% in Q4 2024.
Banco Santander (BCDRF) Tax Rate (2009 - 2025) Analysis & Trends
Banco Santander (BCDRF) has 17 years of Tax Rate data on file, last reported at 83.09% in Q4 2025.
- Quarterly Tax Rate fell 1411.0% year-over-year to 83.09% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 30.31% (up 1068.0% YoY) and the FY2025 annual result came in at 3.18%, down 5.0% from the prior year.
- Tax Rate eased to 83.09% in Q4 2025 per BCDRF's latest filing, from 97.2% in the prior quarter.
- The five-year high for Tax Rate was 97.2% in Q4 2024, with the low at 59.21% in Q2 2024.
- Average Tax Rate over 5 years is 11.83%, with a median of 0.0% recorded in 2024.
- Year-over-year, Tax Rate jumped 5799 bps in 2024 and tumbled 1411 bps in 2025.
- Banco Santander's Tax Rate stood at 0.63% in 2021, then retreated by 24 bps to 0.77% in 2022, then surged by 5167 bps to 39.21% in 2023, then jumped by 148 bps to 97.2% in 2024, then retreated by 15 bps to 83.09% in 2025.
- Business Quant data shows BCDRF's Tax Rate at 83.09% in Q4 2025, 97.2% in Q4 2024, and 59.21% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -21.14% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 17.49% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 11.55% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 33.80% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 19.15% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 19.46% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | 41.80% |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -2.11% |
| 10 | Banco Santander | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 83.09% |
| Dec 31, 2025 | 83.09% |
| Dec 31, 2024 | 97.20% |
| Dec 31, 2024 | 97.20% |
| Jun 30, 2024 | -59.21% |
| Jun 30, 2024 | -59.21% |
| Mar 31, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 39.21% |
| Dec 31, 2023 | 39.21% |
| Sep 30, 2023 | 29.76% |
| Sep 30, 2023 | 29.76% |
| Jun 30, 2023 | -58.57% |
| Jun 30, 2023 | -58.57% |
| Mar 31, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | -0.77% |
| Dec 31, 2022 | -0.77% |
| Mar 31, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |