Santander Holdings USA, Inc. (SNUS-PH) Interest Expense - Fed Funds (2021 - 2026)
Santander Holdings USA (SNUS-PH) posted Interest Expense - Fed Funds of $421.25 million for Q2 2026, down 28.6% from $589.78 million a year earlier and down 1.9% from the prior quarter.
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Santander Holdings USA, Inc. (SNUS-PH) Interest Expense - Fed Funds (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Fed Funds at Santander Holdings USA was $1.91 billion, down 29.4% year-over-year; for FY2025, it came in at $2.21 billion, down 32.7% from FY2024.
- Annual Interest Expense - Fed Funds shows a five-year compound annual growth rate of 1096.9% (FY2020 to FY2025).
- In prior years, Santander Holdings USA's Interest Expense - Fed Funds was $3.28 billion in FY2024 (+19.9%), $2.74 billion in FY2023 (+280.0%), $720.8 million in FY2022 and $415,000 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Interest Expense - Fed Funds since Q4 2022.
- On a year-over-year basis, Interest Expense - Fed Funds has declined in each of the last seven quarters, with an average decline of 19.7% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Fed Funds in the past five years was Q2 2023, with growth of 805.4%; the weakest was Q2 2025, with a decline of 38.9%.
- According to Business Quant data, Interest Expense - Fed Funds for the three prior quarters was $429.5 million (Q1 2026), $491.04 million (Q4 2025) and $567.61 million (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 421.25 Mn |
| Mar 31, 2026 | 429.50 Mn |
| Dec 31, 2025 | 491.04 Mn |
| Sep 30, 2025 | 567.61 Mn |
| Jun 30, 2025 | 589.78 Mn |
| Mar 31, 2025 | 561.84 Mn |
| Dec 31, 2024 | 693.16 Mn |
| Sep 30, 2024 | 860.77 Mn |
| Jun 30, 2024 | 965.34 Mn |
| Mar 31, 2024 | 763.84 Mn |
| Dec 31, 2023 | 727.03 Mn |
| Sep 30, 2023 | 675.05 Mn |
| Jun 30, 2023 | 766.70 Mn |
| Mar 31, 2023 | 570.28 Mn |
| Dec 31, 2022 | 389.21 Mn |
| Sep 30, 2022 | 246.07 Mn |
| Jun 30, 2022 | 84.68 Mn |
| Mar 31, 2022 | 843,000.00 |
| Dec 31, 2021 | 261,000.00 |
| Sep 30, 2021 | 133,000.00 |
API Access
Santander Holdings USA, Inc. Interest Expense - Fed Funds 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=interest-expense-fed-funds&ticker=SNUS-PH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "ticker": "SNUS-PH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-fed-funds&ticker=SNUS-PH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();