Banco Santander (SAN) Shares Outstanding (Diluted) (2009 - 2026)
Banco Santander's Shares Outstanding (Diluted) came in at 14.98 billion for the quarter ended Jun 30, 2026, down 3.8% from 15.57 billion a year earlier and unchanged from the prior quarter.
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Analysis
Banco Santander (SAN) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Going back to the quarter ended Mar 31, 2009, Banco Santander's Shares Outstanding (Diluted) data covers 70 quarters.
- Shares Outstanding (Diluted) has declined in each of the last five years, with a five-year compound annual growth rate of -2.9% (years ended Dec 2020 to Dec 2025).
- Going back by year, Shares Outstanding (Diluted) was 15.57 billion in the year ended Dec 31, 2024 (-4.2%), 16.25 billion in the year ended Dec 31, 2023 (-3.6%), 16.85 billion in the year ended Dec 31, 2022 (-2.5%) and 17.27 billion in the year ended Dec 31, 2021 (-0.3%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 14.98 billion (the quarter ended Dec 31, 2025) to 17.32 billion (the quarter ended Sep 30, 2021).
- Year-over-year, Shares Outstanding (Diluted) has declined for 19 consecutive quarters, with an average decline of 4.0% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in the quarter ended Sep 30, 2021 (growth of 5.7%), and the weakest in the quarter ended Dec 31, 2024 (a decline of 4.2%).
- Business Quant data shows SAN's Shares Outstanding (Diluted) at 14.98 billion (quarter ended Mar 31, 2026), 14.98 billion (quarter ended Dec 31, 2025) and 15.57 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 897.38 Bn | 897.38 Bn | - | 2.69 Bn |
| 2 | Bank Of America | 363.03 Bn | -2,013.03 Bn | - | 7.29 Bn |
| 3 | Hsbc Holdings | 326.22 Bn | -1,502.94 Bn | - | 3.51 Bn |
| 4 | Morgan Stanley | 279.46 Bn | -229.63 Bn | - | 1.57 Bn |
| 5 | Royal Bank Of Canada | 271.36 Bn | -558.68 Bn | - | 1.41 Bn |
| 6 | Goldman Sachs | 261.95 Bn | -3,295.16 Bn | - | 304.90 Mn |
| 7 | Mitsubishi Ufj Financial | 249.65 Bn | -45.29 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Wells Fargo & Company | 243.92 Bn | 243.92 Bn | - | 3.07 Bn |
| 9 | American Express | 207.24 Bn | -937.52 Mn | - | 679.00 Mn |
| 10 | Banco Santander | 199.27 Bn | -482.73 Bn | 10.41 Bn | 14.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.98 Bn |
| Mar 31, 2026 | 14.98 Bn |
| Dec 31, 2025 | 14.98 Bn |
| Sep 30, 2025 | 15.57 Bn |
| Jun 30, 2025 | 15.57 Bn |
| Mar 31, 2025 | 15.57 Bn |
| Dec 31, 2024 | 15.57 Bn |
| Sep 30, 2024 | 16.25 Bn |
| Jun 30, 2024 | 16.25 Bn |
| Mar 31, 2024 | 16.25 Bn |
| Dec 31, 2023 | 16.25 Bn |
| Sep 30, 2023 | 16.85 Bn |
| Jun 30, 2023 | 16.85 Bn |
| Mar 31, 2023 | 16.85 Bn |
| Dec 31, 2022 | 16.85 Bn |
| Sep 30, 2022 | 17.27 Bn |
| Jun 30, 2022 | 17.27 Bn |
| Mar 31, 2022 | 17.27 Bn |
| Dec 31, 2021 | 17.27 Bn |
| Sep 30, 2021 | 17.32 Bn |
API Access
Banco Santander Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();