Banco Santander Income Statement

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
Net Interest Income	42,348	46,668	43,261	38,619	33,370
Net Interest Income Growth	-9.26%	7.88%	12.02%	15.73%	4.30%
Non-Interest Income	14,208	13,275	11,861	11,864	11,481
Non-Interest Income Growth	7.03%	11.92%	-0.03%	3.34%	14.25%
Revenues Before Loan Losses	58,670	61,876	57,423	52,117	46,404
Provision for Credit Losses	12,546	12,644	12,956	10,863	7,407
Revenue	46,124	49,232	44,467	41,254	38,997
Revenue Growth (YoY)	-6.31%	10.72%	7.79%	5.79%	22.26%
Compensation Expenses	13,633	14,328	13,726	12,547	11,216
Selling, General & Admin	21,533	22,740	22,241	20,918	18,659
Other Non-Interest Expenses	6,158	7,805	6,099	5,105	5,801
Total Non-Interest Expense	41,324	44,873	42,066	38,570	35,676
Pretax Income	18,681	19,027	16,459	15,250	14,547
Provision for Income Taxes	4,723	5,283	4,276	4,486	4,894
Net Income	14,101	12,574	11,076	9,605	8,124
Minority Interest in Earnings	-1,399	-1,170	-1,107	-1,159	-1,529
Earnings From Discontinued Operations	1,542	-	-	-	-
Net Income to Common	14,101	12,574	11,076	9,605	8,124
Net Income Growth	12.14%	13.53%	15.32%	18.23%	-
Shares Outstanding (Basic)	14,890	15,498	16,172	16,848	17,272
Shares Outstanding (Diluted)	14,976	15,568	16,247	16,904	17,321
Shares Change (YoY)	-3.80%	-4.18%	-3.88%	-2.41%	0.03%
EPS (Basic)	0.91	0.77	0.65	0.54	0.44
EPS (Diluted)	0.90	0.77	0.65	0.54	0.44
EPS Growth	17.19%	17.97%	21.23%	23.16%	-
Shares Outstanding	14,689	15,152	16,184	16,551	17,063
Free Cash Flow	-20,689	-32,649	-6,431	18,640	46,676
Free Cash Flow Growth	-	-	-	-60.07%	-20.57%
Free Cash Flow Per Share	-1.38	-2.10	-0.40	1.10	2.69
Dividends Per Share	0.240	0.210	0.176	0.118	0.100
Dividend Growth	14.29%	19.32%	49.41%	17.80%	-21.57%
Profit Margin	30.26%	27.92%	27.40%	26.09%	24.75%
FCF Margin	-44.86%	-66.32%	-14.46%	45.18%	119.69%
EBITDA	3,178	3,179	3,184	2,985	2,756
EBITDA Margin	6.89%	6.46%	7.16%	7.24%	7.07%
Effective Tax Rate	25.28%	27.77%	25.98%	29.42%	33.64%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q