Banco Santander (SAN) Debt to Equity (2009 - 2026)
Banco Santander's (SAN) quarterly Debt to Equity came in at $0.13 in Q1 2026, up 11.23% year-on-year from $0.12 in Q1 2025, and down 99.24% quarter-over-quarter from $17.18 in Q4 2025.
Banco Santander (SAN) Debt to Equity (2009 - 2026) Analysis & Trends
Banco Santander has disclosed Debt to Equity across 18 years of filings, most recently posting $0.13 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.13, up 11.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.13 (up 11.23% YoY), and the FY2025 annual result was $17.18, down 8.87% from the prior year.
- Debt to Equity came in at $0.13 for Q1 2026 at Banco Santander, down from $17.18 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $177834.5 in Q4 2023 to a low of -$0.03 in Q1 2023.
- The 5-year median for Debt to Equity is $0.29 (2023), against an average of $10464.2.
- Peak annual rise in Debt to Equity reached 1128023.75% in 2023, while the deepest fall reached 128.96% in 2023.
- Banco Santander's Debt to Equity stood at $15.76 in 2022, then jumped by 1128023.75% to $177834.5 in 2023, then plunged by 99.99% to $18.85 in 2024, then slipped by 8.87% to $17.18 in 2025, then sank by 99.24% to $0.13 in 2026.
- The last three Debt to Equity figures came in at $0.13 (Q1 2026), $17.18 (Q4 2025), and $0.32 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 0.00 |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | - |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 0.09 |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 1.20 |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 2.26 |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 1.49 |
| 10 | Banco Santander | 91.48 Bn | 102.63 Bn | - | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 17.18 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 18.85 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 177,834.55 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | -0.03 |
| Dec 31, 2022 | 15.76 |
| Sep 30, 2022 | 0.98 |
| Jun 30, 2022 | 1.39 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 14.93 |
| Sep 30, 2021 | 0.52 |
| Jun 30, 2021 | 1.26 |