Banco Santander (SAN) Total Debt (2009 - 2026)
Banco Santander (SAN) recorded Total Debt of $384.25 billion in Q3 2026, down 76.9% from $1.66 trillion a year earlier and down 93.3% from the prior quarter.
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Analysis
Banco Santander (SAN) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Banco Santander reported Total Debt of $4.53 trillion, up 130.4% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $1.97 trillion in FY2024 (-16.4%), $2.35 trillion in FY2023 (+7.0%), $2.2 trillion in FY2022 (+4.6%) and $2.1 trillion in FY2021 (-44.0%).
- The Q3 2026 figure is the lowest quarterly Total Debt since Q2 2019.
- On a year-over-year basis, Total Debt rose in five of the last eight quarters, with growth averaging 27.0%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 262.2% in Q2 2022, against a decline of 76.9% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.73 trillion (Q2 2026), $1.67 trillion (Q1 2026) and $4.53 trillion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 531.50 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 380.92 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 9.69 Bn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 388.59 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 444.82 Bn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 221.04 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 112.96 Bn |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 59.95 Bn |
| 10 | Banco Santander | 174.96 Bn | -510.44 Bn | 10.56 Bn | 1,879.93 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1,879.93 Bn |
| Jun 30, 2026 | 1,763.31 Bn |
| Mar 31, 2026 | 1,665.22 Bn |
| Dec 31, 2025 | 4,534.90 Bn |
| Sep 30, 2025 | 1,659.96 Bn |
| Jun 30, 2025 | 1,642.58 Bn |
| Mar 31, 2025 | 1,599.37 Bn |
| Dec 31, 2024 | 2,298.18 Bn |
| Sep 30, 2024 | 1,630.55 Bn |
| Jun 30, 2024 | 6,998.73 Bn |
| Mar 31, 2024 | 1,582.09 Bn |
| Dec 31, 2023 | 2,688.50 Bn |
| Sep 30, 2023 | 1,551.33 Bn |
| Jun 30, 2023 | 1,572.48 Bn |
| Mar 31, 2023 | 1,559.13 Bn |
| Dec 31, 2022 | 2,179.31 Bn |
| Sep 30, 2022 | 1,467.85 Bn |
| Jun 30, 2022 | 1,491.48 Bn |
| Mar 31, 2022 | 1,550.73 Bn |
| Dec 31, 2021 | 2,081.57 Bn |
API Access
Banco Santander Total Debt 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=total-debt&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();