Banco Santander (SAN) Net Margin (2013 - 2025)
Banco Santander (SAN) posted Net Margin of 352.18% for Q2 2026, down 50.24% sequentially from 707.71% in Q1 2026, and up 742.0% YoY from 41.83% in Q2 2025.
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Banco Santander (SAN) Net Margin (2013 - 2025) Analysis & Trends
Banco Santander has reported Net Margin for 17 years, with the latest figure at 352.18% in Q2 2026.
- Quarterly Net Margin rose 742.0% year-over-year to 352.18% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 284.56% (down 9741.0% YoY) and the FY2025 annual result came in at 817.2%, up 64845.0% from the prior year.
- Net Margin fell to 352.18% in Q2 2026 per SAN's latest filing, from 707.71% in the prior quarter.
- Over five years, Net Margin peaked at 719.48% in Q1 2022 and troughed at 165.22% in Q4 2023.
- A 5-year average of 498.67% and a median of 624.34% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 44598 bps in 2024, then sank 43460 bps in 2025.
- Over 5 years, Net Margin stood at 173.79% in 2022, then declined by 5 bps to 165.22% in 2023, then surged by 270 bps to 611.21% in 2024, then slumped by 71 bps to 176.61% in 2025, then surged by 99 bps to 352.18% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 352.18%, 707.71%, and 176.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 448.95 Bn | -139.54 Bn | 30.39 Bn | 27.72% |
| 2 | Hsbc Holdings | 368.53 Bn | 368.53 Bn | - | - |
| 3 | Royal Bank Of Canada | 296.77 Bn | 69.89 Bn | - | 32.48% |
| 4 | Mitsubishi Ufj Financial | 275.23 Bn | -118.39 Bn | 10.89 Bn | -21.01% |
| 5 | Wells Fargo & Company | 272.13 Bn | 68.17 Bn | - | 27.23% |
| 6 | Citigroup | 231.94 Bn | -2,070.36 Bn | 24.75 Bn | 24.32% |
| 7 | Banco Santander | 221.87 Bn | 34.59 Bn | 18.23 Bn | - |
| 8 | Toronto Dominion Bank | 211.67 Bn | 50.34 Bn | - | 26.78% |
| 9 | UBS Group AG | 174.19 Bn | -60.33 Bn | - | - |
| 10 | Banco Bilbao Vizcaya Argentaria | 169.40 Bn | -113.59 Bn | 12.21 Bn | 78.69% |
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 906.95% |
| Dec 31, 2024 | 563.01% |
| Dec 31, 2023 | 776.22% |
| Dec 31, 2022 | 307.34% |
| Dec 31, 2021 | -3,172.36% |
| Dec 31, 2020 | -4,502.21% |
| Dec 31, 2019 | -1,899.50% |
| Jun 30, 2019 | -11,236.79% |
| Dec 31, 2018 | -2,016.18% |
| Jun 30, 2018 | 726.29% |
| Dec 31, 2017 | 790.60% |
| Dec 31, 2016 | 684.67% |
| Jun 30, 2016 | 92.03% |
| Mar 31, 2016 | 2,813.98% |
| Dec 31, 2015 | -2,679.20% |
| Sep 30, 2015 | 918.55% |
| Jun 30, 2015 | 127.38% |
| Mar 31, 2015 | 2,787.58% |
| Dec 31, 2014 | -3,022.52% |
| Sep 30, 2014 | 903.40% |