Banco Santander (SAN) Restructuring Costs (2009 - 2026)
Banco Santander (SAN) posted Restructuring Costs of -$4.6 billion for Q2 2026, down 103.32% sequentially from -$2.3 billion in Q1 2026, and little changed YoY from -$4.6 billion in Q2 2025.
Analysis
Banco Santander (SAN) Restructuring Costs (2009 - 2026) Analysis & Trends
Banco Santander has reported Restructuring Costs for 12 years, with the latest figure at -$4.6 billion in Q2 2026.
- Quarterly Restructuring Costs changed 0.19% year-over-year to -$4.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$22.9 billion (down 4.06% YoY) and the FY2025 annual result came in at -$8.9 billion, down 2.55% from the prior year.
- Restructuring Costs eased to -$4.6 billion in Q2 2026 per SAN's latest filing, from -$2.3 billion in the prior quarter.
- Over five years, Restructuring Costs peaked at -$2.1 billion in Q1 2025 and troughed at -$9.2 billion in Q4 2025.
- A 5-year average of -$4.9 billion and a median of -$4.5 billion in 2024 frame the typical range for Restructuring Costs.
- The sharpest annual moves came in 2024 and 2025: Restructuring Costs sank 85.88% in 2024, then climbed 6.96% in 2025.
- Over 5 years, Restructuring Costs stood at -$8.5 billion in 2022, then retreated by 7.27% to -$9.2 billion in 2023, then grew by 5.0% to -$8.7 billion in 2024, then retreated by 5.66% to -$9.2 billion in 2025, then surged by 50.22% to -$4.6 billion in 2026.
- According to Business Quant data, Restructuring Costs over the past three periods registered -$4.6 billion, -$2.3 billion, and -$9.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 450.56 Bn | -137.93 Bn | 30.39 Bn |
| 2 | Hsbc Holdings | 370.29 Bn | 370.29 Bn | - |
| 3 | Royal Bank Of Canada | 298.06 Bn | 71.17 Bn | - |
| 4 | Mitsubishi Ufj Financial | 275.35 Bn | -118.26 Bn | 10.89 Bn |
| 5 | Wells Fargo & Company | 270.11 Bn | 66.14 Bn | - |
| 6 | Citigroup | 234.73 Bn | -2,067.57 Bn | 24.75 Bn |
| 7 | Banco Santander | 223.28 Bn | 36.01 Bn | 18.23 Bn |
| 8 | Toronto Dominion Bank | 212.56 Bn | 51.23 Bn | - |
| 9 | UBS Group AG | 174.90 Bn | -59.62 Bn | - |
| 10 | Banco Bilbao Vizcaya Argentaria | 170.44 Bn | -112.56 Bn | 12.21 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.58 Bn |
| Mar 31, 2026 | -2.25 Bn |
| Dec 31, 2025 | -2.33 Bn |
| Sep 30, 2025 | -6.91 Bn |
| Jun 30, 2025 | -4.57 Bn |
| Mar 31, 2025 | -2.15 Bn |
| Dec 31, 2024 | -8.70 Bn |
| Sep 30, 2024 | -6.62 Bn |
| Jun 30, 2024 | -4.37 Bn |
| Mar 31, 2024 | -2.31 Bn |
| Dec 31, 2023 | -9.16 Bn |
| Sep 30, 2023 | -2.40 Bn |
| Jun 30, 2023 | -2.35 Bn |
| Mar 31, 2023 | -2.27 Bn |
| Dec 31, 2022 | -8.54 Bn |
| Sep 30, 2022 | -2.21 Bn |
| Jun 30, 2022 | -2.22 Bn |
| Mar 31, 2022 | -2.21 Bn |
| Dec 31, 2021 | -8.51 Bn |
| Sep 30, 2021 | -2.30 Bn |