Banco Santander (SAN) Construction in Progress (2017 - 2025)

Banco Santander has reported Construction in Progress for 10 years, with the latest figure at $23.7 billion in Q4 2025.

• Quarterly Construction in Progress rose 436.01% year-over-year to $23.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $23.7 billion (up 436.01% YoY) and the FY2025 annual result came in at $23.0 billion, up 420.25% from the prior year.
• Construction in Progress improved to $23.7 billion in Q4 2025 per SAN's latest filing, from $181.1 million in the prior quarter.
• Over five years, Construction in Progress peaked at $23.7 billion in Q4 2025 and troughed at $49.0 million in Q4 2022.
• A 5-year average of $3.1 billion and a median of $158.4 million in 2025 frame the typical range for Construction in Progress.
• The sharpest annual moves came in 2021 and 2023: Construction in Progress slumped 98.43% in 2021, then jumped 4491.85% in 2023.
• Over 5 years, Construction in Progress stood at $67.5 million in 2021, then decreased by 27.44% to $49.0 million in 2022, then surged by 4491.85% to $2.2 billion in 2023, then surged by 96.26% to $4.4 billion in 2024, then soared by 436.01% to $23.7 billion in 2025.
• According to Business Quant data, Construction in Progress over the past three periods registered $23.7 billion, $181.1 million, and $4.4 billion for Q4 2025, Q2 2025, and Q4 2024 respectively.