Banco Santander SAN
NYSE SAN
$11.75 -0.26 (-2.16%)
At close: Nov 6, 2026 · 4:00 PM EST

Banco Santander (SAN) Income Taxes Paid (2013 - 2026)

Updated

Banco Santander (SAN) recorded Income Taxes Paid of $2.3 billion in Q2 2026, up 235.4% from $684.84 million a year earlier and up 362.7% from the prior quarter.

Analysis

Banco Santander (SAN) Income Taxes Paid (2013 - 2026) Analysis & Trends

On a TTM basis, Banco Santander's Income Taxes Paid came in at $7.24 billion as of Jun 30, 2026, up 25.0% year-over-year; for FY2025, it came in at $5.6 billion, down 12.1% from FY2024.

  • Annual Income Taxes Paid has a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
  • Across earlier years, Income Taxes Paid came in at $6.36 billion in FY2024 (+12.8%), $5.64 billion in FY2023 (-2.7%), $5.79 billion in FY2022 (+22.0%) and $4.75 billion in FY2021 (+41.1%).
  • Quarterly Income Taxes Paid has ranged from -$5.86 billion in Q3 2022 to $9.4 billion in Q4 2024 over the past five years.
  • On a year-over-year basis, Income Taxes Paid rose in three of the last six quarters, with growth averaging 47.1%.
  • Peak year-over-year performance for Income Taxes Paid in the last five years was growth of 235.4% in Q2 2026, against a decline of 48.6% in Q2 2025 at the low end.
  • Per Business Quant, the preceding three quarters came in at $496.4 million (Q1 2026), $8.39 billion (Q4 2025) and -$3.94 billion (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes Paid (Qtr)
1 Jpmorgan Chase 896.53 Bn 896.53 Bn - 3.84 Bn
2 Bank Of America 354.20 Bn -2,021.91 Bn - -
3 Hsbc Holdings 303.54 Bn -1,800.05 Bn - -
4 Royal Bank Of Canada 283.29 Bn -546.75 Bn - 788.20 Mn
5 Morgan Stanley 281.19 Bn -262.84 Bn - 1.10 Bn
6 Goldman Sachs 256.26 Bn -3,487.19 Bn - -
7 Wells Fargo & Company 253.33 Bn 253.33 Bn - -
8 Mitsubishi Ufj Financial 238.77 Bn -102.62 Bn 10.89 Bn -
9 American Express 216.03 Bn 15.51 Bn - -
10 Banco Santander 174.96 Bn -510.44 Bn 10.56 Bn -6.86 Bn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 -6.86 Bn
Jun 30, 2026 2.30 Bn
Mar 31, 2026 496.40 Mn
Dec 31, 2025 8.39 Bn
Sep 30, 2025 -3.94 Bn
Jun 30, 2025 684.84 Mn
Mar 31, 2025 538.56 Mn
Dec 31, 2024 9.40 Bn
Sep 30, 2024 -4.83 Bn
Jun 30, 2024 1.33 Bn
Mar 31, 2024 263.99 Mn
Dec 31, 2023 8.51 Bn
Sep 30, 2023 -4.57 Bn
Jun 30, 2023 2.03 Bn
Mar 31, 2023 -382.11 Mn
Dec 31, 2022 8.97 Bn
Sep 30, 2022 -5.86 Bn
Jun 30, 2022 3.79 Bn
Mar 31, 2022 -1.16 Bn
Dec 31, 2021 7.45 Bn
API Access

Banco Santander Income Taxes Paid API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=income-taxes-paid&ticker=SAN&period=max&api_key=YOUR_API_KEY