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| Date | Value |
|---|---|
| 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 |