Banco Santander S.A. (SAN)

NYSE: SAN · Commercial Banks, NEC · Madrid, ES · filing with the SEC since 1994

Grade4.9

◀ Past 6.2● Present 3.8▶ Future 4.4

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of euros (EUR), as filed; per-share figures in euros; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 28, 2025	Feb 21, 2024	Mar 1, 2023	Mar 1, 2022	Feb 26, 2021	Mar 6, 2020	Mar 26, 2019	Mar 28, 2018	Mar 31, 2017
Revenue	·	·	·	·	·	·	·	·	74,182	74,159
For lenders
Net interest income	42,348	43,787^r	40,650^r	38,619	33,370	31,994	35,283	34,341	34,296	31,089
Gross profit	58,670	58,380^r	54,251^r	52,117	46,404	44,279	49,229	48,424	·	·
Sales and marketing	517	512^r	574^r	559	510	523	685	646	757	691
General and administrative	21,533	21,970^r	21,546^r	20,918	18,659	18,320	20,279	20,354	20,400	18,737
Operating income	·	·	·	·	24,989	23,149	25,949	25,645	25,362	23,131
Finance costs	59,362	65,225^r	61,092^r	32,811	13,093	13,747	21,502	19,984	21,745	24,067
Interest income	101,710	109,012^r	101,742^r	71,430	46,463	45,741	56,785	54,325	56,041	55,156
Share of profit of equity-method investments	665	687^r	591^r	702	432	-96	324	737	704	444
Other gains and losses	2,362	2,211^r	2,565^r	1,653	1,563	2,187	1,531	1,797	1,665	2,101
Income before income taxes	18,681	17,347^r	15,005^r	15,250	14,547	-2,076	12,543	14,201	12,091	10,768
Income tax expense	4,723	4,844^r	3,880^r	4,486	4,894	5,632	4,427	4,886	3,884	3,282
Income from continuing operations	13,958	12,503^r	11,125^r	10,764	9,653	-7,708	8,116	9,315	8,207	7,486
Income from discontinued operations	1,542	1,241^r	1,058^r	0	0	0	0	0	0	·
Net income	15,500	13,744	12,183	10,764	9,653	-7,708	8,116	9,315	8,207	7,486
Net income to non-controlling interests	1,399	1,170	1,107	1,159	1,529	1,063	1,601	1,505	1,588	1,282
Net income to shareholders	14,101	12,574	11,076	9,605	8,124	-8,771	6,515	7,810	6,619	6,204
Net income to ordinary shareholders	13,479	11,954	10,584	9,076	7,558	-9,323	5,920	7,250	6,224	5,870
Earnings per share, basic	0.905	0.771	0.654	0.539	0.438	-0.538	0.347^r	0.43^r	0.3881^b	0.3852^b
Earnings per share, diluted	0.90	0.768	0.651	0.537	0.436	-0.538	0.346^r	0.429^r	0.3871^b	0.3833^b
Weighted average shares, basic	14,890,304,840	15,497,607,269	16,172,084,714	16,848,344,667	17,272,055,430	17,316,288,908	16,348,415,883	16,150,090,739	16,025,631,599^b	15,257,270,721^b
Weighted average shares, diluted	14,975,574,487	15,567,717,839	16,247,265,121	16,903,660,873^r	17,321,027,889^r	17,316,288,908	17,059,216,574^r	16,852,268,597^r	16,078,683,965^b	15,304,901,657^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the change of share basis.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldifrs-full:Revenue

Net interest income interest earned less interest paidifrs-full:InterestRevenueExpense

Gross profit revenue less the cost of what it soldifrs-full:GrossProfit

Sales and marketing the cost of finding and serving customersifrs-full:SalesAndMarketingExpense

General and administrative the cost of running the company itselfifrs-full:AdministrativeExpense

Operating income profit from running the business, before interest and taxifrs-full:ProfitLossFromOperatingActivities

Finance costs what its borrowing costifrs-full:InterestExpense

Interest income what its cash and investments earnedifrs-full:RevenueFromInterest

Share of profit of equity-method investments its share of companies it partly ownsifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod

Other gains and losses gains and costs outside the businessifrs-full:OtherGainsLosses

Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax

Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations

Income from continuing operations profit from the businesses it keepsifrs-full:ProfitLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedifrs-full:ProfitLossFromDiscontinuedOperations

Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersifrs-full:ProfitLossAttributableToNoncontrollingInterests

Net income to shareholders the profit or loss that belongs to the company's shareholdersifrs-full:ProfitLossAttributableToOwnersOfParent

Net income to ordinary shareholders what is left for common shareholdersifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity

Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare

Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare

Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares

Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares

SI Assistanton SAN · research, not advice