Banco Santander (SAN) Invested Capital (2009 - 2026)
Banco Santander (SAN) reported Invested Capital of $518.53 billion for Q3 2026, down 71.0% from $1.79 trillion a year earlier and down 91.0% from the prior quarter.
Banco Santander (SAN) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Banco Santander posted Invested Capital of $4.67 trillion, up 136.1% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 4.4% (FY2020 to FY2025).
- By year, Invested Capital came in at $1.98 trillion in FY2024 (-16.4%), $2.36 trillion in FY2023 (+7.0%), $2.21 trillion in FY2022 (+4.5%) and $2.11 trillion in FY2021 (-43.9%).
- The Q3 2026 figure ranks as the lowest quarterly Invested Capital since Q2 2019.
- Year over year, Invested Capital gained in four of the last eight quarters, with growth averaging 24.8%.
- The high point for year-over-year Invested Capital in five years was Q2 2022 (growth of 243.6%); the low point was Q2 2025 (a decline of 75.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $5.74 trillion (Q2 2026), $1.67 trillion (Q1 2026) and $4.67 trillion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.44 Bn | 895.44 Bn | - | 903.87 Bn |
| 2 | Banco Santander Chile | 405.91 Bn | -7,111.19 Bn | - | 53.87 Bn |
| 3 | Bank Of America | 344.61 Bn | -2,031.50 Bn | - | 677.67 Bn |
| 4 | Hsbc Holdings | 302.63 Bn | -1,800.57 Bn | - | - |
| 5 | Morgan Stanley | 285.60 Bn | -258.43 Bn | - | 506.91 Bn |
| 6 | Royal Bank Of Canada | 285.44 Bn | -544.56 Bn | - | 113.21 Bn |
| 7 | Wells Fargo & Company | 254.50 Bn | 256.61 Bn | - | 398.92 Bn |
| 8 | Goldman Sachs | 250.58 Bn | -3,492.87 Bn | - | 569.75 Bn |
| 9 | Mitsubishi Ufj Financial | 250.17 Bn | -82.07 Bn | 10.89 Bn | 220.98 Bn |
| 10 | Banco Santander | 176.42 Bn | -501.17 Bn | 10.56 Bn | 1,893.99 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1,893.99 Bn |
| Jun 30, 2026 | 1,773.56 Bn |
| Mar 31, 2026 | 1,671.47 Bn |
| Dec 31, 2025 | 4,551.47 Bn |
| Sep 30, 2025 | 1,788.90 Bn |
| Jun 30, 2025 | 1,770.40 Bn |
| Mar 31, 2025 | 1,718.99 Bn |
| Dec 31, 2024 | 2,306.07 Bn |
| Sep 30, 2024 | 1,747.90 Bn |
| Jun 30, 2024 | 7,109.72 Bn |
| Mar 31, 2024 | 1,695.45 Bn |
| Dec 31, 2023 | 2,697.46 Bn |
| Sep 30, 2023 | 1,660.01 Bn |
| Jun 30, 2023 | 1,683.38 Bn |
| Mar 31, 2023 | 1,667.62 Bn |
| Dec 31, 2022 | 2,188.26 Bn |
| Sep 30, 2022 | 1,565.46 Bn |
| Jun 30, 2022 | 1,593.30 Bn |
| Mar 31, 2022 | 1,661.65 Bn |
| Dec 31, 2021 | 2,091.39 Bn |
Banco Santander Invested Capital 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=invested-capital&ticker=SAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "SAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();