Santander Holdings USA, Inc. (SNUS-PH) Operating Expenses (2010 - 2026)
Santander Holdings USA (SNUS-PH) posted Operating Expenses of $1.48 billion for Q2 2026, down 8.3% from $1.62 billion a year earlier and down 4.2% from the prior quarter.
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Santander Holdings USA, Inc. (SNUS-PH) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Santander Holdings USA was $6.36 billion, down 6.8% year-over-year; for FY2025, it came in at $6.66 billion, down 3.8% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of -5.5% (FY2020 to FY2025).
- In prior years, Santander Holdings USA's Operating Expenses was $6.93 billion in FY2024 (-1.0%), $6.99 billion in FY2023 (+3.0%), $6.79 billion in FY2022 (-0.3%) and $6.81 billion in FY2021 (-23.0%).
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q3 2015.
- On a year-over-year basis, Operating Expenses has declined in each of the last seven quarters, with an average decline of 4.5% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2023, with growth of 5.9%; the weakest was Q1 2026, with a decline of 9.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $1.55 billion (Q1 2026), $1.69 billion (Q4 2025) and $1.65 billion (Q3 2025).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.55 Bn |
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 1.62 Bn |
| Mar 31, 2025 | 1.71 Bn |
| Dec 31, 2024 | 1.75 Bn |
| Sep 30, 2024 | 1.75 Bn |
| Jun 30, 2024 | 1.71 Bn |
| Mar 31, 2024 | 1.72 Bn |
| Dec 31, 2023 | 1.82 Bn |
| Sep 30, 2023 | 1.72 Bn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | 1.71 Bn |
| Dec 31, 2022 | 1.74 Bn |
| Sep 30, 2022 | 1.74 Bn |
| Jun 30, 2022 | 1.68 Bn |
| Mar 31, 2022 | 1.62 Bn |
| Dec 31, 2021 | 1.76 Bn |
| Sep 30, 2021 | 1.66 Bn |
API Access
Santander Holdings USA, Inc. Operating Expenses 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=operating-expenses&ticker=SNUS-PH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SNUS-PH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();