Banco Santander (SAN) Tax Provisions (2009 - 2025)

Banco Santander (SAN) posted Tax Provisions of $4.8 billion for Q4 2025, little changed sequentially from $4.8 billion in Q4 2024, and little changed YoY from $4.8 billion in Q4 2024.

Banco Santander (SAN) Tax Provisions (2009 - 2025) Analysis & Trends

Banco Santander (SAN) has 17 years of Tax Provisions data on file, last reported at $4.8 billion in Q4 2025.

  • Quarterly Tax Provisions changed 0.4% year-over-year to $4.8 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.4 billion (up 10.05% YoY) and the FY2025 annual result came in at $5.5 billion, up 6.21% from the prior year.
  • Tax Provisions steadied at $4.8 billion in Q4 2025 per SAN's latest filing, from $4.8 billion in the prior quarter.
  • The five-year high for Tax Provisions was $4.8 billion in Q4 2024, with the low at -$3.1 billion in Q2 2024.
  • Average Tax Provisions over 5 years is $955.9 million, with a median of $0.16 recorded in 2023.
  • Year-over-year, Tax Provisions plunged 133.37% in 2021 and jumped 15254.81% in 2023.
  • Banco Santander's Tax Provisions stood at -$27.5 million in 2021, then declined by 0.33% to -$27.5 million in 2022, then jumped by 15254.81% to $4.2 billion in 2023, then increased by 14.45% to $4.8 billion in 2024, then slipped by 0.4% to $4.8 billion in 2025.
  • Business Quant data shows SAN's Tax Provisions at $4.8 billion in Q4 2025, $4.8 billion in Q4 2024, and -$3.1 billion in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -1.98 Bn
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.82 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 691.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.29 Bn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 386.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 3.99 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -904.18 Mn
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn -1.35 Mn
10 Banco Santander - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 4.76 Bn
Dec 31, 2024 4.78 Bn
Jun 30, 2024 -3.14 Bn
Mar 31, 2024 0.18
Dec 31, 2023 4.17 Bn
Sep 30, 2023 2.71 Bn
Jun 30, 2023 -2.72 Bn
Mar 31, 2023 0.16
Dec 31, 2022 -27.55 Mn
Mar 31, 2022 0.16
Dec 31, 2021 -27.46 Mn
Dec 31, 2020 82.27 Mn
Dec 31, 2019 -334.28 Mn
Mar 31, 2019 -1.51 Bn
Dec 31, 2018 -4.73 Bn
Sep 30, 2018 -1.62 Bn
Jun 30, 2018 -1.65 Bn
Mar 31, 2018 -1.57 Bn
Dec 31, 2017 -1.28 Bn
Sep 30, 2017 -1.46 Bn