Banco Santander (SAN) Wages, Salaries and Other (2009 - 2026)
Banco Santander (SAN) reported Wages, Salaries and Other of $4.13 billion for Q3 2026, up 6.2% from $3.88 billion a year earlier but down 0.1% from the prior quarter.
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Analysis
Banco Santander (SAN) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Banco Santander's Wages, Salaries and Other came in at $16.39 billion, up 7.4% year-over-year; for FY2025, it was $15.43 billion, up 2.9% from FY2024.
- Wages, Salaries and Other has increased for three consecutive years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- By year, Wages, Salaries and Other came in at $14.99 billion in FY2024 (+4.2%), $14.39 billion in FY2023 (+8.8%), $13.22 billion in FY2022 (-0.4%) and $13.27 billion in FY2021 (+7.8%).
- Five-year quarterly Wages, Salaries and Other spans a low of $3.2 billion in Q3 2022 and a high of $4.18 billion in Q4 2025.
- Year over year, Wages, Salaries and Other has now increased in each of the last six quarters, with growth averaging 3.3% over the last eight quarters.
- The high point for year-over-year Wages, Salaries and Other in five years was Q3 2023 (growth of 18.2%); the low point was Q1 2025 (a decline of 8.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $4.13 billion (Q2 2026), $3.96 billion (Q1 2026) and $4.18 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 14.77 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 10.97 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 4.51 Bn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 8.00 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 5.12 Bn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 8.75 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 2.57 Bn |
| 10 | Banco Santander | 174.96 Bn | -510.44 Bn | 10.56 Bn | 4.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.13 Bn |
| Jun 30, 2026 | 4.13 Bn |
| Mar 31, 2026 | 3.96 Bn |
| Dec 31, 2025 | 4.18 Bn |
| Sep 30, 2025 | 3.88 Bn |
| Jun 30, 2025 | 3.76 Bn |
| Mar 31, 2025 | 3.59 Bn |
| Dec 31, 2024 | 4.03 Bn |
| Sep 30, 2024 | 3.84 Bn |
| Jun 30, 2024 | 3.73 Bn |
| Mar 31, 2024 | 3.90 Bn |
| Dec 31, 2023 | 3.92 Bn |
| Sep 30, 2023 | 3.79 Bn |
| Jun 30, 2023 | 3.66 Bn |
| Mar 31, 2023 | 3.48 Bn |
| Dec 31, 2022 | 3.49 Bn |
| Sep 30, 2022 | 3.20 Bn |
| Jun 30, 2022 | 3.29 Bn |
| Mar 31, 2022 | 3.21 Bn |
| Dec 31, 2021 | 3.44 Bn |
API Access
Banco Santander Wages, Salaries and Other 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=wages-salaries-and-other&ticker=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();