Banco Santander (SAN) Interest Expenses (2009 - 2026)

Banco Santander (SAN) posted Interest Expenses of -$16.7 billion for Q1 2026, down 120.88% sequentially from $79.8 billion in Q4 2025, and down 3.63% YoY from -$17.3 billion in Q1 2025.

Banco Santander (SAN) Interest Expenses (2009 - 2026) Analysis & Trends

Banco Santander (SAN) has 18 years of Interest Expenses data on file, last reported at -$16.7 billion in Q1 2026.

  • Quarterly Interest Expenses fell 3.63% year-over-year to -$16.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$23.3 billion (up 86.7% YoY) and the FY2025 annual result came in at -$69.1 billion, up 0.86% from the prior year.
  • Interest Expenses fell to -$16.7 billion in Q1 2026 per SAN's latest filing, from $79.8 billion in the prior quarter.
  • The five-year high for Interest Expenses was $79.8 billion in Q4 2025, with the low at -$69.7 billion in Q4 2024.
  • Average Interest Expenses over 5 years is -$24.2 billion, with a median of -$18.8 billion recorded in 2024.
  • Year-over-year, Interest Expenses tumbled 152.18% in 2023 and surged 214.48% in 2025.
  • Banco Santander's Interest Expenses stood at -$33.5 billion in 2022, then tumbled by 99.25% to -$66.7 billion in 2023, then retreated by 4.5% to -$69.7 billion in 2024, then surged by 214.48% to $79.8 billion in 2025, then tumbled by 120.88% to -$16.7 billion in 2026.
  • Business Quant data shows SAN's Interest Expenses at -$16.7 billion in Q1 2026, $79.8 billion in Q4 2025, and -$52.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 17.61 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 10.35 Bn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 20.98 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 4.45 Bn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 23.83 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 39.40 Mn
10 Banco Santander - - - -16.66 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -16.66 Bn
Mar 31, 2026 -16.66 Bn
Dec 31, 2025 79.79 Bn
Dec 31, 2025 79.79 Bn
Sep 30, 2025 -52.33 Bn
Sep 30, 2025 -52.33 Bn
Jun 30, 2025 -34.10 Bn
Jun 30, 2025 -34.10 Bn
Mar 31, 2025 -16.08 Bn
Mar 31, 2025 -16.08 Bn
Dec 31, 2024 -69.70 Bn
Dec 31, 2024 -69.70 Bn
Sep 30, 2024 -53.92 Bn
Sep 30, 2024 -53.92 Bn
Jun 30, 2024 -35.51 Bn
Jun 30, 2024 -35.51 Bn
Mar 31, 2024 -18.75 Bn
Mar 31, 2024 -18.75 Bn
Dec 31, 2023 -66.70 Bn
Dec 31, 2023 -66.70 Bn