Banco Santander (SAN) Return on Equity [ROE] (2009 - 2026)
Banco Santander (SAN) posted Return on Equity [ROE] of 27.68% for Q3 2026, up 18.65 percentage points from 9.03% a year earlier but down 219.16 percentage points from the prior quarter.
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Analysis
Banco Santander (SAN) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Banco Santander's Return on Equity [ROE] came in at 24.96%, down 151.71 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +36.90 percentage points (FY2020 to FY2025).
- In prior years, Banco Santander's Return on Equity [ROE] was 176.67% in FY2024 (+29.49 pp), 147.18% in FY2023 (+26.30 pp), 120.88% in FY2022 (+9.34 pp) and 111.54% in FY2021 (+123.48 pp).
- Quarterly Return on Equity [ROE] has run from a low of 8.88% in Q2 2025 to a high of 246.84% in Q2 2026 over five years.
- On a year-over-year basis, Return on Equity [ROE] has increased in each of the last three quarters, with an average year-over-year change of +30.46 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q2 2026, with a gain of 237.96 percentage points; the weakest was Q4 2025, with a drop of 14.11 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 246.84% (Q2 2026), 29.20% (Q1 2026) and 9.65% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 905.34 Bn | 905.34 Bn | - | 17.67% |
| 2 | Bank Of America | 358.56 Bn | -2,017.55 Bn | - | 10.78% |
| 3 | Hsbc Holdings | 307.13 Bn | -1,796.46 Bn | - | 14.29% |
| 4 | Royal Bank Of Canada | 287.97 Bn | -542.07 Bn | - | 15.91% |
| 5 | Morgan Stanley | 284.27 Bn | -224.82 Bn | - | 17.50% |
| 6 | Goldman Sachs | 257.96 Bn | -3,485.49 Bn | - | 17.90% |
| 7 | Wells Fargo & Company | 256.22 Bn | 256.22 Bn | - | 12.93% |
| 8 | Mitsubishi Ufj Financial | 241.27 Bn | -100.12 Bn | 10.89 Bn | 11.72% |
| 9 | American Express | 219.29 Bn | 18.77 Bn | - | 34.98% |
| 10 | Banco Santander | 179.20 Bn | -506.19 Bn | 10.56 Bn | 117.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 117.39% |
| Jun 30, 2026 | 105.40% |
| Mar 31, 2026 | 75.24% |
| Dec 31, 2025 | 1.30% |
| Sep 30, 2025 | 4.40% |
| Jun 30, 2025 | 8.88% |
| Mar 31, 2025 | 16.46% |
| Dec 31, 2024 | 23.76% |
| Sep 30, 2024 | 12.71% |
| Jun 30, 2024 | 12.50% |
| Mar 31, 2024 | 22.05% |
| Dec 31, 2023 | 22.41% |
| Sep 30, 2023 | 11.23% |
| Jun 30, 2023 | 10.55% |
| Mar 31, 2023 | 19.11% |
| Dec 31, 2022 | 21.33% |
| Sep 30, 2022 | 11.85% |
| Jun 30, 2022 | 11.40% |
| Mar 31, 2022 | 20.31% |
| Dec 31, 2021 | 18.89% |
API Access
Banco Santander Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();