Banco Santander (SAN) Net Margin (2016 - 2026)

Banco Santander has reported Net Margin over the past 12 years, most recently at 37.48% for Q1 2026.

  • For Q1 2026, Net Margin rose 1414.0% year-over-year to 37.48%; the TTM value through Mar 2026 reached 27.78%, up 641.0%, while the annual FY2025 figure was 24.18%, 252.0% up from the prior year.
  • Net Margin was 37.48% for Q1 2026 at Banco Santander, up from 24.99% in the prior quarter.
  • Across five years, Net Margin topped out at 37.48% in Q1 2026 and bottomed at 4.39% in Q4 2022.
  • The 5-year median for Net Margin is 20.58% (2023), against an average of 21.19%.
  • Year-over-year, Net Margin tumbled -360bps in 2022 and then skyrocketed 1576bps in 2023.
  • Over 5 years, Net Margin stood at 4.39% in 2022, then surged by 359bps to 20.16% in 2023, then increased by 1bps to 20.37% in 2024, then increased by 23bps to 24.99% in 2025, then soared by 50bps to 37.48% in 2026.
  • The last three reported values for Net Margin were 37.48% (Q1 2026), 24.99% (Q4 2025), and 24.46% (Q3 2025) per Business Quant data.