Banco Santander SAN
NYSE SAN
$14.94 +0.19 (+1.25%)
As of: Sep 3, 2026 · 12:31 PM EDT

Banco Santander (SAN) Deferred Taxes (2018 - 2020)

Banco Santander (SAN) posted Deferred Taxes of $77.8 million for Q4 2021, up 104.98% sequentially from -$1.6 billion in Q4 2020, and up 104.98% YoY from $37.9 million in Q4 2020.

Analysis

Banco Santander (SAN) Deferred Taxes (2018 - 2020) Analysis & Trends

Banco Santander has reported Deferred Taxes for 4 years, with the latest figure at $77.8 million in Q4 2021.

  • Quarterly Deferred Taxes rose 104.98% year-over-year to $77.8 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was -$1.6 billion (changed N/A YoY) and the FY2018 annual result came in at -$94.7 million, changed N/A from the prior year.
  • Deferred Taxes climbed to $77.8 million in Q4 2021 per SAN's latest filing, from -$1.6 billion in the prior quarter.
  • Over five years, Deferred Taxes peaked at $77.8 million in Q4 2021 and troughed at -$1.6 billion in Q4 2020.
  • A 4-year average of -$408.0 million and a median of -$73.9 million in 2019 frame the typical range for Deferred Taxes.
  • The sharpest annual moves came in 2020 and 2021: Deferred Taxes tumbled 2839.74% in 2020, then soared 104.98% in 2021.
  • Over 4 years, Deferred Taxes stood at -$94.7 million in 2018, then jumped by 43.92% to -$53.1 million in 2019, then sank by 2839.74% to -$1.6 billion in 2020, then soared by 104.98% to $77.8 million in 2021.
  • According to Business Quant data, Deferred Taxes over the past three periods registered $77.8 million, -$1.6 billion, and -$53.1 million for Q4 2021, Q4 2020, and Q4 2019 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Bank Of America 451.13 Bn -137.36 Bn 30.39 Bn 511.00 Mn
2 Hsbc Holdings 370.10 Bn 370.10 Bn - -
3 Royal Bank Of Canada 298.86 Bn 71.98 Bn - 22.95 Mn
4 Mitsubishi Ufj Financial 275.07 Bn -118.55 Bn 10.89 Bn -
5 Wells Fargo & Company 271.60 Bn 67.63 Bn - 865.00 Mn
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 - -324.89 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

Historic Data

Download Data
DateValue
Dec 31, 2020 -1.56 Bn
Dec 31, 2019 -53.13 Mn
Dec 31, 2018 -94.74 Mn