Banco Santander Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Net Interest Income	11,019	42,348	43,787	40,650	38,619	33,370
Net Interest Income Growth	3.75%	-3.29%	7.72%	5.26%	15.73%	4.30%
Non-Interest Income	16,619	16,211	14,597	13,632	11,864	11,481
Non-Interest Income Growth	0.84%	11.06%	7.08%	14.90%	3.34%	14.25%
Revenues Before Loan Losses	27,638	58,559	58,384	54,282	50,483	44,851
Provision for Credit Losses	-	-	-	-	10,863	7,407
Revenue	27,638	58,559	58,384	54,282	39,620	37,444
Revenue Growth (YoY)	1.98%	0.30%	7.56%	37.01%	5.81%	26.24%
Compensation Expenses	13,609	13,656	13,851	13,299	12,547	11,216
Selling, General & Admin	7,792	7,945	8,185	8,299	8,371	7,443
Other Non-Interest Expenses	18,943	18,277	19,001	17,679	5,105	5,801
Total Non-Interest Expense	40,344	39,878	41,037	39,277	26,023	24,460
Pretax Income	5,029	18,681	17,347	15,005	15,250	14,547
Provision for Income Taxes	4,649	4,723	4,844	3,880	4,486	4,894
Net Income	14,372	13,958	12,503	11,125	10,764	9,653
Minority Interest in Earnings	-841	1,399	1,170	1,107	1,159	1,529
Earnings From Discontinued Operations	3,061	1,542	1,241	1,058	-	-
Net Income to Common	18,274	14,101	12,574	11,076	9,605	8,124
Net Income Growth	22.33%	12.14%	13.53%	15.32%	18.23%	-
Shares Outstanding (Basic)	17,404	14,890	15,498	16,172	16,848	17,272
Shares Outstanding (Diluted)	17,571	14,976	15,568	16,247	16,904	17,321
Shares Change (YoY)	14.08%	-3.80%	-4.18%	-3.88%	-2.41%	0.03%
EPS (Basic)	1.05	0.91	0.77	0.65	0.54	0.44
EPS (Diluted)	1.04	0.90	0.77	0.65	0.54	0.44
EPS Growth	28.39%	17.19%	17.97%	21.23%	23.16%	-
Free Cash Flow	-20,314	-20,689	-32,649	-6,431	18,640	46,676
Free Cash Flow Growth	-	-	-	-	-60.07%	-20.57%
Free Cash Flow Per Share	-1.16	-1.38	-2.10	-0.40	1.10	2.69
Dividends Per Share	0.240	0.240	0.210	0.176	0.118	0.100
Dividend Growth	-	14.29%	19.32%	49.41%	17.80%	-21.57%
Profit Margin	52.00%	23.84%	21.42%	20.49%	27.17%	25.78%
FCF Margin	-73.50%	-35.33%	-55.92%	-11.85%	47.05%	124.66%
EBITDA	3,152	3,178	3,179	3,184	2,985	2,756
EBITDA Margin	11.40%	5.43%	5.44%	5.87%	7.53%	7.36%
Effective Tax Rate	92.44%	25.28%	27.92%	25.86%	29.42%	33.64%

SEC Filings: 10-K · 10-Q