Banco Santander, S.A. (SAN)

Banco Santander Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	77,392	59,593	54,216	48,406	46,812	52,322
Revenue Growth (YoY)	43.76%	9.92%	12.00%	3.41%	-10.53%	5.25%
Gross Profit	77,392	59,593	54,216	48,406	46,812	52,322
Selling, General & Admin	21,297	22,241	20,359	18,101	17,783	19,757
Other Operating Expenses	-37,208	-14,792	-27,673	-53,489	-67,734	-61,137
Operating Expenses	-14,223	14,792	-7,314	-35,388	-49,951	-41,380
Operating Income	16,523	15,352	46,902	13,018	-3,139	10,942
Interest Income	62,108	105,252	71,430	46,463	45,741	56,785
Interest Expense	17,260	61,991	32,811	13,093	13,747	21,502
Other Expense / Income	45,237	43,261	71,430	33,370	30,931	35,283
Pretax Income	17,087	16,459	15,250	14,547	-2,076	12,543
Income Tax	4,777	4,276	4,486	4,894	5,632	4,427
Net Income	11,357	11,076	9,605	8,124	-7,708	6,515
Net Income Growth	17.90%	15.31%	18.23%	-	-	-16.58%
Shares Outstanding (Basic)	15,528	16,172	16,848	17,272	17,316	17,059
Shares Outstanding (Diluted)	16,776	16,247	16,904	17,321	17,316	17,097
Shares Change	-2.12%	-3.88%	-2.41%	0.03%	1.28%	1.18%
EPS (Basic)	0.71	0.65	0.54	0.44	-0.45	0.35
EPS (Diluted)	0.68	0.65	0.54	0.44	-0.45	0.35
EPS Growth	32.30%	20.37%	22.73%	-	-	-23.91%
Free Cash Flow	4,790	66,919	16,866	45,288	57,633	-10,754
Free Cash Flow Per Share	0.29	4.12	1.00	2.61	3.33	-0.63
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	21.35%	25.76%	86.51%	26.89%	-6.71%	20.91%
Profit Margin	14.67%	18.59%	17.72%	16.78%	-16.47%	12.45%
Free Cash Flow Margin	6.19%	112.29%	31.11%	93.56%	123.12%	-20.55%
Effective Tax Rate	27.96%	25.98%	29.42%	33.64%	-	35.29%
EBITDA	13,820	18,536	49,887	15,774	-329	13,943
EBITDA Margin	17.86%	31.10%	92.02%	32.59%	-0.70%	26.65%
Depreciation & Amortization	2,395	3,184	2,985	2,756	2,810	3,001
EBIT	11,425	15,352	46,902	13,018	-3,139	10,942
EBIT Margin	14.76%	25.76%	86.51%	26.89%	-6.71%	20.91%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.