Banco Santander (SAN) Tax Provisions (2009 - 2025)
Banco Santander's (SAN) quarterly Tax Provisions came in at $4.8 billion in Q4 2025, little changed year-on-year from $4.8 billion in Q4 2024, and up 9454.25% quarter-over-quarter from $49.8 million in Q2 2025.
Banco Santander (SAN) Tax Provisions (2009 - 2025) Analysis & Trends
Banco Santander has disclosed Tax Provisions across 17 years of filings, most recently posting $4.8 billion for Q4 2025.
- Tax Provisions for Q4 2025 came in at $4.8 billion, changed 0.4% year-over-year; the trailing twelve-month figure through Dec 2025 was $8.8 billion (up 614.78% YoY), and the FY2025 annual result was $5.5 billion, up 6.21% from the prior year.
- Tax Provisions came in at $4.8 billion for Q4 2025 at Banco Santander, up from $49.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $4.8 billion in Q4 2024 to a low of -$5.8 billion in Q4 2021.
- The 5-year median for Tax Provisions is -$111.5 million (2022), against an average of $223.9 million.
- Peak annual rise in Tax Provisions reached 184.94% in 2023, while the deepest fall reached 476.7% in 2023.
- Banco Santander's Tax Provisions stood at -$5.8 billion in 2021, then grew by 21.18% to -$4.6 billion in 2022, then surged by 184.94% to $3.9 billion in 2023, then climbed by 22.9% to $4.8 billion in 2024, then fell by 0.4% to $4.8 billion in 2025.
- The last three Tax Provisions figures came in at $4.8 billion (Q4 2025), $49.8 million (Q2 2025), and $4.8 billion (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 537.65 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | -1.98 Bn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.17 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 565.37 Mn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 602.40 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 1.82 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -860.14 Mn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 571.72 Mn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 691.00 Mn |
| 10 | Banco Santander | 91.48 Bn | 102.63 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.76 Bn |
| Jun 30, 2025 | 49.81 Mn |
| Dec 31, 2024 | 4.78 Bn |
| Jun 30, 2024 | -362.91 Mn |
| Dec 31, 2023 | 3.89 Bn |
| Jun 30, 2023 | -264.61 Mn |
| Dec 31, 2022 | -4.58 Bn |
| Jun 30, 2022 | -45.88 Mn |
| Dec 31, 2021 | -5.81 Bn |
| Jun 30, 2021 | -177.03 Mn |
| Dec 31, 2020 | -4.19 Bn |
| Jun 30, 2020 | -1.92 Bn |
| Dec 31, 2019 | -5.65 Bn |
| Mar 31, 2019 | -1.51 Bn |
| Dec 31, 2018 | -1.34 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 |