Santander Holdings USA, Inc. (SNUS-PH) Tax Rate (2010 - 2026)
Santander Holdings USA (SNUS-PH) recorded Tax Rate of 22.97% in Q2 2026, up 15.87 percentage points from 7.09% a year earlier and up 8.75 percentage points from the prior quarter.
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Analysis
Santander Holdings USA, Inc. (SNUS-PH) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Santander Holdings USA's Tax Rate came in at 17.76% as of Jun 30, 2026; for FY2025, it came in at 10.66%.
- Annual Tax Rate has a four-year change of -12.37 percentage points (FY2021 to FY2025).
- Across earlier years, Tax Rate came in at 19.63% in FY2022 (-3.40 pp) and 23.03% in FY2021.
- The Q2 2026 figure is the highest quarterly Tax Rate since Q3 2022.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 15.87 percentage points in Q2 2026, against a drop of 12.11 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.22% (Q1 2026), 13.76% (Q4 2025) and 16.42% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.97% |
| Mar 31, 2026 | 14.22% |
| Dec 31, 2025 | 13.76% |
| Sep 30, 2025 | 16.42% |
| Jun 30, 2025 | 7.09% |
| Mar 31, 2025 | 4.42% |
| Mar 31, 2024 | 2.22% |
| Jun 30, 2023 | 10.12% |
| Mar 31, 2023 | 8.68% |
| Sep 30, 2022 | 25.07% |
| Jun 30, 2022 | 19.61% |
| Mar 31, 2022 | 20.79% |
| Dec 31, 2021 | 21.90% |
| Sep 30, 2021 | 20.97% |
| Jun 30, 2021 | 24.16% |
| Mar 31, 2021 | 24.32% |
| Dec 31, 2020 | 24.96% |
| Dec 31, 2019 | 41.12% |
| Sep 30, 2019 | 29.46% |
| Jun 30, 2019 | 27.65% |
API Access
Santander Holdings USA, Inc. 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=SNUS-PH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SNUS-PH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();