Banco Santander (SAN) Return on Equity [ROE] (2009 - 2026)
Banco Santander (SAN) posted Return on Equity [ROE] of 21.83% for the quarter ended Jun 30, 2026, up 2.52 percentage points from 19.31% a year earlier but down 0.19 percentage points from the prior quarter.
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Analysis
Banco Santander (SAN) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Banco Santander's Return on Equity [ROE] came in at 27.46%, down 8022.50 percentage points from the prior year.
- Annual Return on Equity [ROE] shows a five-year change of +2456.12 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Banco Santander's Return on Equity [ROE] was 8049.96% in the year ended Dec 31, 2024 (+2298.11 pp), 5751.85% in the year ended Dec 31, 2023 (+2138.95 pp), 3612.91% in the year ended Dec 31, 2022 (+515.20 pp) and 3097.71% in the year ended Dec 31, 2021 (+5526.36 pp).
- Quarterly Return on Equity [ROE] has run from a low of -0.73% in the quarter ended Sep 30, 2021 to a high of 40.72% in the quarter ended Dec 31, 2023 over five years.
- On a year-over-year basis, Return on Equity [ROE] increased in two of the last eight quarters, with an average year-over-year change of -3.65 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was the quarter ended Dec 31, 2021, with a gain of 76.70 percentage points; the weakest was the quarter ended Dec 31, 2025, with a drop of 18.07 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 22.02% (quarter ended Mar 31, 2026), 20.21% (quarter ended Dec 31, 2025) and 20.03% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.60 Bn | 896.60 Bn | - | 17.62% |
| 2 | Bank Of America | 363.46 Bn | -2,012.61 Bn | - | 11.19% |
| 3 | Hsbc Holdings | 325.99 Bn | -1,503.17 Bn | - | 13.21% |
| 4 | Morgan Stanley | 278.62 Bn | -230.47 Bn | - | 17.50% |
| 5 | Royal Bank Of Canada | 271.61 Bn | -558.43 Bn | - | 15.91% |
| 6 | Goldman Sachs | 260.21 Bn | -3,296.90 Bn | - | 17.08% |
| 7 | Mitsubishi Ufj Financial | 249.25 Bn | -45.69 Bn | 10.89 Bn | 11.72% |
| 8 | Wells Fargo & Company | 243.09 Bn | 243.09 Bn | - | 12.67% |
| 9 | American Express | 207.03 Bn | -1.15 Bn | - | 33.53% |
| 10 | Banco Santander | 198.79 Bn | -483.21 Bn | 10.41 Bn | 246.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 246.84% |
| Mar 31, 2026 | 177.53% |
| Dec 31, 2025 | 87.92% |
| Sep 30, 2025 | 16.57% |
| 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% |
| Sep 30, 2021 | 8.05% |
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();