1. Spain Stocks

  2. •

    Financial Services

  3. •

    Banks - Diversified
Banco Santander, S.A.

Banco Santander, S.A.

BSD2.DE
Banco Santander, S.A.DE flagDeutsche Börse
10.63
EUR
+0.05
- -
153.08BMarket Cap
Banco Santander, S.A.
BSD2.DE
(Deutsche Börse)

Recent

price

10.63

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.76
3.66
4.58
3.55
3.49
3.11
3.04
3.09
2.74
2.99
2.7
2.8
3.22
3.51
3.89
4.03
3.81
Revenue per Share
0.9
0.44
0.23
0.37
0.45
0.37
0.39
0.39
0.4
0.35
-0.54
0.44
0.54
0.72
0.85
0.99
1.04
Basic EPS, GAAP
5.16
2.67
2.05
-3.33
-1.19
-0.23
0.9
1.94
-0.48
-0.63
3.33
2.62
1
-0.53
-2.24
-1.51
- -
Free Cash Flow per Basic Share
0.45
0.29
0.13
0.07
0.07
0.1
0.15
0.17
0.17
0.22
- -
0.08
0.11
0.14
0.19
0.22
- -
Dividend per Share
1.36
0.8
0.75
0.86
4.26
3.92
4.22
4.24
4
4.45
3.78
4.46
5.03
5.77
6.61
7.62
7.45
Book Value per Share
5.83
4.33
5.39
4.68
4.68
4.55
4.87
4.86
4.34
4.86
4.36
4.66
4.69
5.22
5.68
6.41
6.14
Tangible Book Value per Share
9,064
12,174
9,863
11,400
12,670
15,226
15,042
16,064
18,150
17,059
17,316
17,272
16,848
16,172
15,498
14,890
15,477
Basic Weighted Avg Shares
43,161
44,578
45,135
40,523
44,158
47,297
45,696
49,599
49,682
51,063
46,757
48,406
54,216
56,687
60,305
60,023
58,931
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,940
2,098
2,183
2,391
2,287
2,418
2,364
2,593
2,425
3,001
2,810
2,756
2,985
3,086
3,179
3,178
3,184
Depreciation Expense
8,181
5,330
2,283
4,175
5,816
5,966
6,204
6,619
7,810
6,515
-8,771
8,124
9,605
11,076
12,574
14,101
16,154
Net Income, GAAP
24.25
22.33
16.38
27.57
34.82
23.18
30.48
32.12
34.41
35.29
- -
33.64
29.42
25.86
27.92
25.28
24.44
Effective Tax Rate (%)
18.95
11.96
5.06
10.3
13.17
12.61
13.58
13.35
15.72
12.76
-18.76
16.78
17.72
19.54
20.85
23.49
27.41
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
222,982
220,287
224,206
191,615
213,695
226,160
228,869
218,168
246,809
266,319
237,724
248,329
282,254
310,393
327,197
284,939
328,619
LT Debt
80,915
80,814
81,212
79,642
89,714
98,753
102,699
106,833
107,361
110,659
91,322
97,053
97,585
104,241
107,327
112,748
112,548
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
64.41
48.17
26.5
48.3
17.82
10.02
9.54
9.46
10.3
7.97
-13.19
10.6
11.22
13
13.48
13.64
14.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
41,273
- -
LT Borrowings
316,623
283,583
328,619
LT Finance Leases
- -
1,356
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14,818
14,678
14,426
Market Capitalization
142,437
159,845
147,807

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
343,459
197,604
330,483
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
3,537
21,473
3,916
ST Debt
- -
41,273
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.58%
4.33%
5.05%
Free Cash Flow
-105.69%
6.44%
-35.27%
Net Income, GAAP
-35.6%
-26.68%
12.14%
Sales/Revenue/Turnover
2.57%
5.2%
-0.47%
Total Cash Common Dividend
-1.29%
-1.79%
8.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,481
15,490
14,941
15,812
60,305
2025
15,002
14,332
14,177
14,978
60,023
2026
15,444
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.2
0.2
0.2
0.85
2025
0.21
0.22
- -
0.24
0.99
2026
0.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.19
2025
- -
- -
- -
- -
0.22
2026
- -
- -
- -
- -
- -
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Business
Banco Santander, S.A. (BSD2.DE) is a leading global retail and commercial bank that provides a comprehensive range of financial products and services to individuals, SMEs, large corporations, and institutions worldwide. The bank operates through five key segments including Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments; core offerings encompass demand and time deposits, mutual funds, current and savings accounts, mortgages, consumer finance, personal and business loans, credit cards, project finance, debt capital markets, global transaction banking, investment advice, portfolio management, private banking, insurance products, and digital payment solutions. Founded in 1857 and headquartered at Santander Group City in Boadilla del Monte, Madrid, Spain, it maintains a significant presence in 10 core markets across Europe and the Americas through approximately 8,011 branches and digital channels, serving over 102 million customers with a focus on customer-centric, technology-driven operations. In recent developments, Banco Santander announced in July 2025 an agreement to acquire TSB Banking Group plc from Banco de Sabadell for £2.65 billion (€3.1 billion) in cash, a strategic move to bolster its UK franchise by expanding customer base to nearly 28 million, enhancing market share in personal current accounts (third largest) and mortgages (fourth largest), and achieving cost synergies of at least £400 million while targeting a 16% return on tangible equity by 2028; the deal, expected to close in Q1 2026 subject to approvals, aligns with disciplined capital allocation without impacting 2025 targets. This follows ongoing digital transformation efforts, including Banco Santander México's full migration to its cloud-based Gravity platform, and recognition as Europe's best bank in 2025 for financial performance, resilience, and growth in markets like Spain, Portugal, Poland, and the UK. The bank continues to leverage its global scale, diversified revenue streams, and proven integration track record from prior UK acquisitions such as Abbey in 2004.