Banco Santander (SAN) Cash from Operations (2019 - 2025)
Banco Santander (SAN) posted Cash from Operations of 12018749289.26 for Q4 2025, up 63.88% sequentially from 33270717784.07 in Q4 2024, and up 63.88% YoY from 7334055656.67 in Q4 2024.
Analysis
Banco Santander (SAN) Cash from Operations (2019 - 2025) Analysis & Trends
Banco Santander has reported Cash from Operations for 7 years, with the latest figure at 12018749289.26 in Q4 2025.
- Quarterly Cash from Operations rose 63.88% year-over-year to 12018749289.26 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 31529553543.54 (down 223.12% YoY) and the FY2025 annual result came in at 11665300535.54, up 64.94% from the prior year.
- Cash from Operations advanced to 12018749289.26 in Q4 2025 per SAN's latest filing, from 33270717784.07 in the prior quarter.
- Over five years, Cash from Operations peaked at 22918314035.04 in Q4 2021 and troughed at 33270717784.07 in Q4 2024.
- A 4-year average of 7882388385.88 and a median of 10588574897.26 in 2023 frame the typical range for Cash from Operations.
- The sharpest annual moves came in 2024 and 2025: Cash from Operations slumped 263.28% in 2024, then surged 63.88% in 2025.
- Over 4 years, Cash from Operations stood at 22918314035.04 in 2021, then sank by 139.96% to 9158400505.25 in 2023, then plunged by 263.28% to 33270717784.07 in 2024, then soared by 63.88% to 12018749289.26 in 2025.
- According to Business Quant data, Cash from Operations over the past three periods registered 12018749289.26, 33270717784.07, and 9158400505.25 for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 448.88 Bn | -139.61 Bn | 30.39 Bn | 29.04 Bn |
| 2 | Hsbc Holdings | 368.65 Bn | 368.65 Bn | - | - |
| 3 | Royal Bank Of Canada | 297.41 Bn | 70.53 Bn | - | 25.17 Bn |
| 4 | Mitsubishi Ufj Financial | 275.07 Bn | -118.55 Bn | 10.89 Bn | - |
| 5 | Wells Fargo & Company | 272.27 Bn | 68.30 Bn | - | 6.78 Bn |
| 6 | Citigroup | 232.27 Bn | -2,070.03 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 221.72 Bn | 34.45 Bn | 18.23 Bn | - |
| 8 | Toronto Dominion Bank | 212.15 Bn | 50.81 Bn | - | -4.20 Bn |
| 9 | UBS Group AG | 173.47 Bn | -61.06 Bn | - | - |
| 10 | Banco Bilbao Vizcaya Argentaria | 169.43 Bn | -113.57 Bn | 12.21 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -12.02 Bn |
| Dec 31, 2024 | -33.27 Bn |
| Dec 31, 2023 | -9.16 Bn |
| Dec 31, 2019 | -7.58 Bn |