Banco Santander Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	192,208	220,342	223,073	210,689
Investment Securities	-	275,652	239,720	205,948	184,924
Trading Asset Securities	-	240,239	188,108	166,885	135,565
Total Investments	-	515,891	427,828	372,833	320,489
Gross Loans	-	1,056,382	1,074,430	1,064,889	999,553
Allowance for Loan Losses	-	-22,125	-22,788	-22,684	-22,964
Net Loans	-	1,034,257	1,051,642	1,042,205	976,589
Property, Plant & Equipment	-	31,212	32,926	33,044	32,342
Goodwill	-	13,438	14,017	13,741	12,713
Other Intangible Assets	-	5,821	5,854	4,904	3,871
Investments in Real Estate	-	875	956	1,029	979
Other Receivables	-	11,426	10,623	9,200	5,756
Other Current Assets	-	4,403	3,159	3,366	3,054
Long-Term Deferred Tax Assets	-	19,170	20,767	20,787	19,440
Other Real Estate Owned & Foreclosed	-	2,621	2,773	3,101	3,651
Other Long-Term Assets	-	5,759	6,175	7,376	6,262
Total Assets	-	1,837,081	1,797,062	1,734,659	1,595,835
Accounts Payable	-	1,452	1,783	1,563	1,475
Accrued Expenses	-	11,720	11,851	10,519	9,080
Interest Bearing Deposits	-	447,827	462,965	428,362	376,699
Non-Interest Bearing Deposits	-	707,418	697,339	718,366	711,377
Total Deposits	-	1,155,245	1,160,304	1,146,728	1,088,076
Short-Term Borrowings	-	62,722	58,572	74,264	59,552
Current Portion of Long-Term Debt	-	85,530	93,437	81,852	61,913
Current Portion of Leases	-	526	586	707	690
Current Income Taxes Payable	-	3,322	3,846	3,040	2,187
Other Current Liabilities	-	102,240	78,703	57,747	32,413
Long-Term Debt	-	239,991	215,142	198,487	184,250
Long-Term Leases	-	1,676	1,814	1,915	2,166
Pension & Post-Retirement Benefits	-	2,646	3,105	3,342	4,427
Long-Term Deferred Tax Liabilities	-	6,276	6,086	6,428	6,462
Other Long-Term Liabilities	-	56,408	57,592	50,482	46,091
Total Liabilities	-	1,729,754	1,692,821	1,637,074	1,498,782
Common Stock	-	7,576	8,092	8,397	8,670
Additional Paid-In Capital	-	40,079	44,373	46,273	47,979
Retained Earnings	-	85,561	76,379	68,321	61,512
Treasury Stock	-	-68	-1,078	-675	-894
Comprehensive Income & Other	-	-34,547	-32,343	-33,212	-30,337
Total Common Equity	101,077	98,601	95,423	89,104	86,930
Minority Interest	-	8,726	8,818	8,481	10,123
Shareholders' Equity	109,914	107,327	104,241	97,585	97,053
Total Liabilities & Equity	-	1,837,081	1,797,062	1,734,659	1,595,835
Total Debt	372,551	390,445	369,551	357,225	308,571
Net Cash (Debt)	47,460	101,650	83,083	72,233	70,947
Net Cash Growth	-53.31%	22.35%	15.02%	1.81%	40.87%
Net Cash Per Share	3.20	6.53	5.11	4.27	4.10
Filing Date Shares Outstanding	14,678	15,137	15,886	16,551	17,063
Total Common Shares Outstanding	14,815	15,137	15,886	16,551	17,063
Book Value Per Share	6.82	6.51	6.01	5.38	5.09
Tangible Book Value	83,790	79,342	75,552	70,459	70,346
Tangible Book Value Per Share	5.66	5.24	4.76	4.26	4.12

Source: S&P Global Market Intelligence. Banks template. Financial Sources.