Banco Santander (SAN) Tax Rate (2018 - 2025)
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.
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Analysis
Banco Santander (SAN) Tax Rate (2018 - 2025) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.33 Bn | 896.33 Bn | - | 23.12% |
| 2 | Bank Of America | 362.89 Bn | -2,013.18 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 326.34 Bn | -1,502.82 Bn | - | 60.94% |
| 4 | Morgan Stanley | 278.17 Bn | -230.92 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 271.80 Bn | -558.24 Bn | - | 22.26% |
| 6 | Goldman Sachs | 260.48 Bn | -3,296.63 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.54 Bn | -45.40 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 242.74 Bn | 242.74 Bn | - | 17.42% |
| 9 | American Express | 206.87 Bn | -1.30 Bn | - | 23.61% |
| 10 | Banco Santander | 199.16 Bn | -482.84 Bn | 10.41 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 83.09% |
| Dec 31, 2024 | 97.20% |
| Dec 31, 2023 | 92.12% |
| Dec 31, 2022 | 126.60% |
| Dec 31, 2018 | 131.34% |
API Access
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_KEYimport 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();