Banco Santander (SAN) Asset Writedowns and Impairment (2013 - 2026)
Banco Santander (SAN) posted Asset Writedowns and Impairment of -$34.9 million for Q2 2026, down 35.39% sequentially from -$25.8 million in Q1 2026, and up 79.04% YoY from -$19.5 million in Q2 2025.
Analysis
Banco Santander (SAN) Asset Writedowns and Impairment (2013 - 2026) Analysis & Trends
Banco Santander has reported Asset Writedowns and Impairment for 18 years, with the latest figure at -$34.9 million in Q2 2026.
- Quarterly Asset Writedowns and Impairment rose 79.04% year-over-year to -$34.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$572.6 million (up 59.63% YoY) and the FY2025 annual result came in at -$2.3 million, down 100.94% from the prior year.
- Asset Writedowns and Impairment declined to -$34.9 million in Q2 2026 per SAN's latest filing, from -$25.8 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at -$23.6 million in Q1 2023 and troughed at -$666.8 million in Q4 2024.
- A 5-year average of -$176.3 million and a median of -$123.7 million in 2024 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2024 and 2026: Asset Writedowns and Impairment sank 1086.08% in 2024, then surged 79.04% in 2026.
- Over 5 years, Asset Writedowns and Impairment stood at -$243.8 million in 2022, then slipped by 4.58% to -$255.0 million in 2023, then sank by 161.49% to -$666.8 million in 2024, then surged by 56.18% to -$292.2 million in 2025, then jumped by 88.07% to -$34.9 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$34.9 million, -$25.8 million, and -$292.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 450.88 Bn | -137.61 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 370.85 Bn | 370.85 Bn | - |
| 3 | Royal Bank Of Canada | 298.64 Bn | 71.75 Bn | - |
| 4 | Mitsubishi Ufj Financial | 274.95 Bn | -118.67 Bn | 10.89 Bn |
| 5 | Wells Fargo & Company | 271.39 Bn | 67.42 Bn | - |
| 6 | Citigroup | 234.83 Bn | -2,067.47 Bn | 24.75 Bn |
| 7 | Banco Santander | 223.58 Bn | 36.31 Bn | 18.23 Bn |
| 8 | Toronto Dominion Bank | 212.78 Bn | 51.44 Bn | - |
| 9 | UBS Group AG | 175.50 Bn | -59.02 Bn | - |
| 10 | Banco Bilbao Vizcaya Argentaria | 170.53 Bn | -112.47 Bn | 12.21 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -34.87 Mn |
| Mar 31, 2026 | -25.76 Mn |
| Dec 31, 2025 | -73.33 Mn |
| Sep 30, 2025 | -219.78 Mn |
| Jun 30, 2025 | -166.40 Mn |
| Mar 31, 2025 | -107.29 Mn |
| Dec 31, 2024 | -666.80 Mn |
| Sep 30, 2024 | -477.73 Mn |
| Jun 30, 2024 | -311.22 Mn |
| Mar 31, 2024 | -140.14 Mn |
| Dec 31, 2023 | -255.00 Mn |
| Sep 30, 2023 | -40.28 Mn |
| Jun 30, 2023 | -76.22 Mn |
| Mar 31, 2023 | -23.61 Mn |
| Dec 31, 2022 | -243.84 Mn |
| Sep 30, 2022 | -25.21 Mn |
| Jun 30, 2022 | -27.74 Mn |
| Mar 31, 2022 | -39.28 Mn |
| Dec 31, 2021 | -264.26 Mn |
| Sep 30, 2021 | -4.72 Mn |