Banco Santander (SAN) Tax Rate (2009 - 2026)
Banco Santander's Tax Rate came in at 75.57% for the quarter ended Jun 30, 2026, up 0.43 percentage points from the prior quarter.
Banco Santander (SAN) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Banco Santander reported Tax Rate of 54.89%; for the year ended Dec 31, 2025, it came in at 25.28%, down 2.64 percentage points from the prior year.
- Tax Rate carries a five-year change of +275.93 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 27.92% in the year ended Dec 31, 2024 (+2.07 pp), 25.86% in the year ended Dec 31, 2023 (-3.56 pp), 29.42% in the year ended Dec 31, 2022 (-4.23 pp) and 33.64% in the year ended Dec 31, 2021 (+284.29 pp).
- The five-year range for quarterly Tax Rate is -31.17% (the quarter ended Dec 31, 2023) to 143.62% (the quarter ended Sep 30, 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 23.12% |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 21.54% |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 23.07% |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 22.26% |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 16.66% |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 22.60% |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 17.42% |
| 10 | Banco Santander | 208.29 Bn | 215.91 Bn | - | 75.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.57% |
| Mar 31, 2026 | 16.51% |
| Dec 31, 2025 | 82.24% |
| Dec 31, 2024 | 120.61% |
| Sep 30, 2023 | 143.62% |
| Dec 31, 2022 | 106.82% |
| Sep 30, 2021 | 111.71% |
| Sep 30, 2019 | 101.80% |
| Dec 31, 2018 | 252.51% |
| Dec 31, 2015 | 35.89% |
| Jun 30, 2015 | 120.28% |
| Dec 31, 2014 | 73.19% |
| Jun 30, 2014 | 146.24% |
| Mar 31, 2014 | 139.74% |
| Dec 31, 2013 | 13.64% |
| Dec 31, 2012 | 201.74% |
| Jun 30, 2012 | 4.24% |
| Mar 31, 2012 | 2.93% |
| Dec 31, 2011 | 156.97% |
| Sep 30, 2011 | 296.17% |
Banco Santander Tax Rate 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=tax-rate&ticker=SAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();