Banco Santander SAN
NYSE SAN
$14.90 +0.15 (+1.02%)
As of: Sep 3, 2026 · 9:47 AM EDT

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.

Analysis

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

Banco Santander has reported Tax Provisions for 15 years, with the latest figure 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 $12.5 billion (up 4.92% YoY) and the FY2025 annual result came in at $5.3 billion, up 3.09% from the prior year.
  • Tax Provisions held at $4.8 billion in Q4 2025 per SAN's latest filing, from $4.8 billion in the prior quarter.
  • Over five years, Tax Provisions peaked at $4.8 billion in Q4 2024 and troughed at -$2.5 billion in Q3 2023.
  • A 4-year average of $2.2 billion and a median of $2.5 billion in 2022 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions dropped 7.36% in 2023, then increased 17.36% in 2024.
  • Over 4 years, Tax Provisions stood at $4.5 billion in 2022, then fell by 7.36% to $4.2 billion in 2023, then grew by 14.45% to $4.8 billion in 2024, then decreased by 0.4% to $4.8 billion in 2025.
  • According to Business Quant data, Tax Provisions over the past three periods registered $4.8 billion, $4.8 billion, and $2.9 billion for Q4 2025, Q4 2024, and Q2 2024 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of America 449.17 Bn -139.33 Bn 30.39 Bn 2.49 Bn
2 Hsbc Holdings 369.21 Bn 369.21 Bn - -2.22 Bn
3 Royal Bank Of Canada 296.00 Bn 69.11 Bn - 1.24 Bn
4 Mitsubishi Ufj Financial 275.29 Bn -118.32 Bn 10.89 Bn 1.70 Bn
5 Wells Fargo & Company 273.93 Bn 69.96 Bn - 1.40 Bn
6 Citigroup 232.68 Bn -2,069.62 Bn 24.75 Bn 2.01 Bn
7 Banco Santander 222.01 Bn 34.74 Bn 18.23 Bn -
8 Toronto Dominion Bank 210.30 Bn 48.97 Bn - 883.59 Mn
9 UBS Group AG 174.22 Bn -60.30 Bn - -
10 Banco Bilbao Vizcaya Argentaria 169.11 Bn -113.88 Bn 12.21 Bn -1.83 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 4.76 Bn
Dec 31, 2024 4.78 Bn
Jun 30, 2024 2.92 Bn
Mar 31, 2024 0.18
Dec 31, 2023 4.17 Bn
Sep 30, 2023 -2.48 Bn
Jun 30, 2023 2.48 Bn
Mar 31, 2023 0.16
Dec 31, 2022 4.51 Bn
Jun 30, 2022 2.53 Bn
Mar 31, 2022 0.16
Dec 31, 2021 -4.46 Bn
Dec 31, 2020 -2.78 Bn
Dec 31, 2019 -4.33 Bn
Jun 30, 2019 4.24 Bn
Mar 31, 2019 -1.51 Bn
Dec 31, 2018 -949.64 Mn
Sep 30, 2018 -1.62 Bn
Jun 30, 2018 -1.65 Bn
Mar 31, 2018 -1.57 Bn