Banco Santander (SAN) Cash from Operations (2010 - 2026)
Banco Santander's (SAN) quarterly Cash from Operations came in at $31.8 billion in Q2 2026, up 18.36% year-over-year from $26.8 billion in Q2 2025, and up 245.09% quarter-over-quarter from -$21.9 billion in Q1 2026.
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Analysis
Banco Santander (SAN) Cash from Operations (2010 - 2026) Analysis & Trends
Banco Santander has disclosed Cash from Operations across 16 years of filings, most recently posting $31.8 billion for Q2 2026.
- In Q2 2026, Cash from Operations rose 18.36% year-over-year to $31.8 billion; the TTM figure through Jun 2026 stood at -$17.8 billion (up 78.57% YoY), while the FY2025 annual figure was $12.9 billion, up 19.85% from the prior year.
- Cash from Operations came in at $31.8 billion for Q2 2026 at Banco Santander, up from -$21.9 billion in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $56.3 billion in Q2 2024 to a low of -$57.7 billion in Q3 2024.
- Average Cash from Operations over 5 years is -$1.6 billion, with a median of -$9.6 billion recorded in 2022.
- Year-over-year, Cash from Operations surged 199.26% in 2022 and slumped 614.89% in 2024.
- Over 5 years, Cash from Operations stood at $37.6 billion in 2022, then tumbled by 124.37% to -$9.2 billion in 2023, then slumped by 263.28% to -$33.3 billion in 2024, then jumped by 63.88% to -$12.0 billion in 2025, then surged by 364.25% to $31.8 billion in 2026.
- Per Business Quant data, the three most recent Cash from Operations figures were $31.8 billion in Q2 2026, -$21.9 billion in Q1 2026, and -$12.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - | - |
| 2 | Bank Of America | 394.48 Bn | -194.01 Bn | 30.39 Bn | 29.04 Bn |
| 3 | Hsbc Holdings | 348.97 Bn | 349.02 Bn | - | - |
| 4 | Morgan Stanley | 314.73 Bn | 154.60 Bn | - | -2.75 Bn |
| 5 | Royal Bank Of Canada | 285.58 Bn | 58.73 Bn | - | 25.17 Bn |
| 6 | Goldman Sachs | 276.87 Bn | -699.48 Bn | - | 6.11 Bn |
| 7 | Mitsubishi Ufj Financial | 274.03 Bn | -110.29 Bn | 10.89 Bn | - |
| 8 | Wells Fargo & Company | 251.82 Bn | 49.99 Bn | - | 6.78 Bn |
| 9 | Banco Santander | 212.85 Bn | 220.46 Bn | 28.01 Bn | 31.76 Bn |
| 10 | Toronto Dominion Bank | 207.22 Bn | 45.89 Bn | - | -4.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.76 Bn |
| Mar 31, 2026 | -21.89 Bn |
| Dec 31, 2025 | -12.02 Bn |
| Sep 30, 2025 | -15.68 Bn |
| Jun 30, 2025 | 26.83 Bn |
| Mar 31, 2025 | -19.05 Bn |
| Dec 31, 2024 | -33.27 Bn |
| Sep 30, 2024 | -57.69 Bn |
| Jun 30, 2024 | 56.34 Bn |
| Mar 31, 2024 | -50.96 Bn |
| Dec 31, 2023 | -9.16 Bn |
| Sep 30, 2023 | -8.07 Bn |
| Jun 30, 2023 | 22.56 Bn |
| Mar 31, 2023 | -18.32 Bn |
| Dec 31, 2022 | 37.58 Bn |
| Sep 30, 2022 | 40.68 Bn |
| Jun 30, 2022 | 12.13 Bn |
| Mar 31, 2022 | -10.03 Bn |
| Dec 31, 2021 | -37.86 Bn |
| Sep 30, 2021 | 42.60 Bn |
API Access
Banco Santander Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "SAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();