Banco Santander (SAN) Change in Taxes (2019 - 2024)
Banco Santander (SAN) posted Change in Taxes of -$141.1 million for Q4 2024, down 17.05% sequentially from -$120.5 million in Q4 2023, and down 17.05% YoY from -$170.1 million in Q1 2024.
Analysis
Banco Santander (SAN) Change in Taxes (2019 - 2024) Analysis & Trends
Banco Santander has reported Change in Taxes for 6 years, with the latest figure at -$141.1 million in Q4 2024.
- Quarterly Change in Taxes fell 17.05% year-over-year to -$141.1 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $57.3 million (up 989.94% YoY) and the FY2025 annual result came in at $47.5 million, up 133.64% from the prior year.
- Change in Taxes fell to -$141.1 million in Q4 2024 per SAN's latest filing, from -$120.5 million in the prior quarter.
- Over five years, Change in Taxes peaked at $189.6 million in Q4 2020 and troughed at -$141.1 million in Q4 2024.
- A 4-year average of $14.3 million and a median of $4.4 million in 2021 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2020 and 2021: Change in Taxes surged 192.58% in 2020, then slumped 31.81% in 2021.
- Over 4 years, Change in Taxes stood at $189.6 million in 2020, then plunged by 31.81% to $129.3 million in 2021, then tumbled by 193.22% to -$120.5 million in 2023, then fell by 17.05% to -$141.1 million in 2024.
- According to Business Quant data, Change in Taxes over the past three periods registered -$141.1 million, -$120.5 million, and $129.3 million for Q4 2024, Q4 2023, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 451.13 Bn | -137.36 Bn | 30.39 Bn | - |
| 2 | Hsbc Holdings | 370.10 Bn | 370.10 Bn | - | - |
| 3 | Royal Bank Of Canada | 298.86 Bn | 71.98 Bn | - | 174.28 Mn |
| 4 | Mitsubishi Ufj Financial | 275.07 Bn | -118.55 Bn | 10.89 Bn | - |
| 5 | Wells Fargo & Company | 271.60 Bn | 67.63 Bn | - | - |
| 6 | Citigroup | 234.61 Bn | -2,067.70 Bn | 24.75 Bn | - |
| 7 | Banco Santander | 222.39 Bn | 35.12 Bn | 18.23 Bn | - |
| 8 | Toronto Dominion Bank | 213.57 Bn | 52.24 Bn | - | 22.95 Mn |
| 9 | UBS Group AG | 174.46 Bn | -60.06 Bn | - | - |
| 10 | Banco Bilbao Vizcaya Argentaria | 170.07 Bn | -112.93 Bn | 12.21 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -141.05 Mn |
| Dec 31, 2023 | -120.51 Mn |
| Dec 31, 2019 | -204.77 Mn |