Banco Santander (SAN) EBITDA (2009 - 2025)

Banco Santander's (SAN) quarterly EBITDA came in at -$63.4 billion in Q4 2025, down 23.87% year-on-year from -$83.2 billion in Q4 2024, and down 35.15% quarter-over-quarter from -$46.9 billion in Q3 2025.

Banco Santander (SAN) EBITDA (2009 - 2025) Analysis & Trends

Banco Santander has disclosed EBITDA across 17 years of filings, most recently posting -$63.4 billion for Q4 2025.

  • EBITDA for Q4 2025 came in at -$63.4 billion, down 23.87% year-over-year; the trailing twelve-month figure through Dec 2025 was -$172.6 billion (up 1.91% YoY), and the FY2025 annual result was $97.1 billion, up 8.74% from the prior year.
  • EBITDA came in at -$63.4 billion for Q4 2025 at Banco Santander, down from -$46.9 billion in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $28.8 billion in Q4 2022 to a low of -$63.4 billion in Q4 2025.
  • The 5-year median for EBITDA is -$346.9 million (2021), against an average of -$12.9 billion.
  • Across the five-year window, EBITDA surged 372.03% in 2022 and tumbled 1102.18% in 2024, its largest moves.
  • Banco Santander's EBITDA stood at -$10.6 billion in 2021, then surged by 372.03% to $28.8 billion in 2022, then sank by 316.77% to -$62.5 billion in 2023, then increased by 18.11% to -$51.2 billion in 2024, then declined by 23.87% to -$63.4 billion in 2025.
  • The last three EBITDA figures came in at -$63.4 billion (Q4 2025), -$46.9 billion (Q3 2025), and $6.6 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 7.52 Bn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - 8.60 Bn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 18.49 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 2.38 Bn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 9.26 Bn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 10.70 Bn
7 Barclays 379.37 Bn -269.24 Bn - 2.52 Bn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 1.21 Bn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 16.33 Bn
10 Banco Santander 91.48 Bn 102.63 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -63.37 Bn
Sep 30, 2025 -46.89 Bn
Jun 30, 2025 6.58 Bn
Mar 31, 2025 -11.15 Bn
Dec 31, 2024 -51.16 Bn
Sep 30, 2024 -48.51 Bn
Jun 30, 2024 5.89 Bn
Mar 31, 2024 -13.77 Bn
Dec 31, 2023 -62.48 Bn
Sep 30, 2023 4.84 Bn
Jun 30, 2023 3.78 Bn
Mar 31, 2023 -10.37 Bn
Dec 31, 2022 28.82 Bn
Sep 30, 2022 3.88 Bn
Jun 30, 2022 1.87 Bn
Mar 31, 2022 -1.06 Bn
Dec 31, 2021 -10.60 Bn
Sep 30, 2021 4.48 Bn
Jun 30, 2021 629.83 Mn
Mar 31, 2021 367.90 Mn