Banco Santander Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	161,899	192,208	220,342	223,073	210,689	153,839
Investment Securities	207,974	275,652	239,720	205,948	184,924	188,553
Trading Asset Securities	258,112	240,239	188,108	166,885	135,565	170,988
Total Investments	466,086	515,891	427,828	372,833	320,489	359,541
Gross Loans	1,059,535	1,056,382	1,074,430	1,064,889	999,553	929,460
Allowance for Loan Losses	-	-22,125	-22,788	-22,684	-22,964	-23,595
Net Loans	1,059,535	1,034,257	1,051,642	1,042,205	976,589	905,865
Property, Plant & Equipment	27,608	31,212	32,926	33,044	32,342	31,772
Goodwill	12,025	13,438	14,017	13,741	12,713	12,471
Other Intangible Assets	5,262	5,821	5,854	4,904	3,871	3,437
Investments in Real Estate	800	875	956	1,029	979	963
Other Receivables	9,897	11,426	10,623	9,200	5,756	5,340
Other Current Assets	66,769	4,403	3,159	3,366	3,054	3,175
Long-Term Deferred Tax Assets	18,915	19,170	20,767	20,787	19,440	19,246
Other Real Estate Owned & Foreclosed	2,605	2,621	2,773	3,101	3,651	4,081
Other Long-Term Assets	9,267	5,759	6,175	7,376	6,262	8,520
Total Assets	1,840,668	1,837,081	1,797,062	1,734,659	1,595,835	1,508,250
Accounts Payable	-	1,452	1,783	1,563	1,475	1,177
Accrued Expenses	798	11,720	11,851	10,519	9,080	8,532
Interest Bearing Deposits	1,092,329	447,827	462,965	428,362	376,699	401,684
Non-Interest Bearing Deposits	-	707,418	697,339	718,366	711,377	632,305
Total Deposits	1,092,329	1,155,245	1,160,304	1,146,728	1,088,076	1,033,989
Short-Term Borrowings	55,928	62,722	58,572	74,264	59,552	71,846
Current Portion of Long-Term Debt	-	85,530	93,437	81,852	61,913	64,557
Current Portion of Leases	-	526	586	707	690	594
Current Income Taxes Payable	3,537	3,322	3,846	3,040	2,187	2,349
Other Current Liabilities	172,547	102,240	78,703	57,747	32,413	21,917
Long-Term Debt	316,623	239,991	215,142	198,487	184,250	170,712
Long-Term Leases	-	1,676	1,814	1,915	2,166	2,455
Long-Term Unearned Revenue	-	-	-	-	-	51
Pension & Post-Retirement Benefits	2,581	2,646	3,105	3,342	4,427	5,727
Long-Term Deferred Tax Liabilities	5,920	6,276	6,086	6,428	6,462	5,933
Other Long-Term Liabilities	80,491	56,408	57,592	50,482	46,091	27,089
Total Liabilities	1,730,754	1,729,754	1,692,821	1,637,074	1,498,782	1,416,928
Common Stock	7,443	7,576	8,092	8,397	8,670	8,670
Additional Paid-In Capital	38,492	40,079	44,373	46,273	47,979	52,013
Retained Earnings	93,407	85,561	76,379	68,321	61,512	51,712
Treasury Stock	-532	-68	-1,078	-675	-894	-69
Comprehensive Income & Other	-37,733	-34,547	-32,343	-33,212	-30,337	-30,850
Total Common Equity	101,077	98,601	95,423	89,104	86,930	81,476
Minority Interest	8,837	8,726	8,818	8,481	10,123	9,846
Shareholders' Equity	109,914	107,327	104,241	97,585	97,053	91,322
Total Liabilities & Equity	1,840,668	1,837,081	1,797,062	1,734,659	1,595,835	1,508,250
Total Debt	372,551	390,445	369,551	357,225	308,571	310,164
Net Cash (Debt)	47,460	101,650	83,083	72,233	70,947	50,365
Net Cash Growth	63.32%	22.35%	15.02%	1.81%	40.87%	-
Net Cash Per Share	3.14	6.53	5.11	4.27	4.10	2.91
Filing Date Shares Outstanding	14,815	15,137	15,886	16,551	17,063	17,312
Total Common Shares Outstanding	14,815	15,137	15,886	16,551	17,063	17,312
Book Value Per Share	6.82	6.51	6.01	5.38	5.09	4.71
Tangible Book Value	83,790	79,342	75,552	70,459	70,346	65,568
Tangible Book Value Per Share	5.66	5.24	4.76	4.26	4.12	3.79

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