Banco Santander SAN
NYSE SAN
$14.93 +0.18 (+1.25%)
As of: Sep 3, 2026 · 12:30 PM EDT

Banco Santander (SAN) Debt Ratio (2009 - 2026)

Banco Santander (SAN) posted Debt Ratio of 0.79 for Q2 2026, up 0.92% sequentially from 0.78 in Q1 2026, and up 2.41% YoY from 0.77 in Q2 2025.

Analysis

Banco Santander (SAN) Debt Ratio (2009 - 2026) Analysis & Trends

Banco Santander has reported Debt Ratio for 18 years, with the latest figure at 0.79 in Q2 2026.

  • Quarterly Debt Ratio rose 2.41% year-over-year to 0.79 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.79 (up 2.41% YoY) and the FY2025 annual result came in at 0.76, down 25.89% from the prior year.
  • Debt Ratio rose to 0.79 in Q2 2026 per SAN's latest filing, from 0.78 in the prior quarter.
  • Over five years, Debt Ratio peaked at 2.37 in Q4 2024 and troughed at 0.0 in Q4 2023.
  • A 5-year average of 0.85 and a median of 0.81 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio slumped 99.86% in 2023, then surged 202817.21% in 2024.
  • Over 5 years, Debt Ratio stood at 0.82 in 2022, then plunged by 99.86% to 0.0 in 2023, then soared by 202817.21% to 2.37 in 2024, then slumped by 67.92% to 0.76 in 2025, then gained by 3.79% to 0.79 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.79, 0.78, and 0.76 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Bank Of America 450.74 Bn -137.75 Bn 30.39 Bn 0.10
2 Hsbc Holdings 369.91 Bn 369.91 Bn - 0.08
3 Royal Bank Of Canada 298.67 Bn 71.78 Bn - 0.01
4 Mitsubishi Ufj Financial 274.95 Bn -118.67 Bn 10.89 Bn 0.04
5 Wells Fargo & Company 271.39 Bn 67.42 Bn - 0.09
6 Citigroup 234.45 Bn -2,067.85 Bn 24.75 Bn 0.16
7 Banco Santander 222.46 Bn 35.19 Bn 18.23 Bn 0.79
8 Toronto Dominion Bank 213.42 Bn 52.09 Bn - 0.00
9 UBS Group AG 174.32 Bn -60.20 Bn - -
10 Banco Bilbao Vizcaya Argentaria 170.03 Bn -112.97 Bn 12.21 Bn 0.02
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.79
Dec 31, 2025 0.76
Jun 30, 2025 0.77
Mar 31, 2025 0.00
Dec 31, 2024 1.03
Sep 30, 2024 0.81
Jun 30, 2024 0.81
Mar 31, 2024 0.81
Dec 31, 2023 1.02
Sep 30, 2023 0.02
Jun 30, 2023 0.81
Mar 31, 2023 0.82
Dec 31, 2022 1.01
Sep 30, 2022 0.05
Jun 30, 2022 0.83
Mar 31, 2022 0.01
Dec 31, 2021 0.96
Sep 30, 2021 0.03
Jun 30, 2021 0.84
Dec 31, 2020 0.98