Banco Santander (SAN) Long-Term Deferred Tax (2009 - 2026)
Banco Santander (SAN) recorded Long-Term Deferred Tax of $23.75 billion in Q3 2026, up 7.0% from $22.19 billion a year earlier and up 2.2% from the prior quarter.
Banco Santander (SAN) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Banco Santander reported Long-Term Deferred Tax of $22.25 billion, up 11.6% from FY2024.
- Annual Long-Term Deferred Tax has a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- Across earlier years, Long-Term Deferred Tax came in at $19.95 billion in FY2024 (-13.2%), $22.99 billion in FY2023 (+3.7%), $22.16 billion in FY2022 (+0.7%) and $22.02 billion in FY2021 (-7.0%).
- The Q3 2026 figure is the highest quarterly Long-Term Deferred Tax since Q4 2019.
- On a year-over-year basis, Long-Term Deferred Tax rose in five of the last six quarters, with growth averaging 3.0%.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 11.6% in Q4 2025, against a decline of 13.2% in Q4 2024 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 905.34 Bn | 905.34 Bn | - |
| 2 | Bank Of America | 358.56 Bn | -2,017.55 Bn | - |
| 3 | Hsbc Holdings | 307.13 Bn | -1,796.46 Bn | - |
| 4 | Royal Bank Of Canada | 287.97 Bn | -542.07 Bn | - |
| 5 | Morgan Stanley | 284.27 Bn | -224.82 Bn | - |
| 6 | Goldman Sachs | 257.96 Bn | -3,485.49 Bn | - |
| 7 | Wells Fargo & Company | 256.22 Bn | 256.22 Bn | - |
| 8 | Mitsubishi Ufj Financial | 241.27 Bn | -100.12 Bn | 10.89 Bn |
| 9 | American Express | 219.29 Bn | 18.77 Bn | - |
| 10 | Banco Santander | 179.20 Bn | -506.19 Bn | 10.56 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.23 Bn |
| Dec 31, 2025 | 22.25 Bn |
| Jun 30, 2025 | 21.68 Bn |
| Dec 31, 2024 | 19.95 Bn |
| Sep 30, 2024 | 21.35 Bn |
| Jun 30, 2024 | 21.39 Bn |
| Mar 31, 2024 | 22.47 Bn |
| Dec 31, 2023 | 22.99 Bn |
| Jun 30, 2023 | 22.87 Bn |
| Mar 31, 2023 | 22.42 Bn |
| Dec 31, 2022 | 22.16 Bn |
| Sep 30, 2022 | 20.93 Bn |
| Jun 30, 2022 | 21.66 Bn |
| Mar 31, 2022 | 22.69 Bn |
| Dec 31, 2021 | 22.02 Bn |
| Sep 30, 2021 | 22.66 Bn |
| Jun 30, 2021 | 23.51 Bn |
| Mar 31, 2021 | 22.61 Bn |
| Dec 31, 2020 | 23.67 Bn |
| Sep 30, 2020 | 23.47 Bn |
Banco Santander Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=SAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();