Banco Santander, S.A. (SAN)
NYSE: SAN · Real-Time Price · USD
11.69
-0.78 (-6.26%)
At close: Oct 28, 2026, 4:00 PM EDT
11.80
+0.11 (0.97%)
After-hours: Oct 28, 2026, 7:58 PM EDT
Banco Santander Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,518 | 5,455 | 3,764 | 3,504 | 3,431 | 3,402 | 3,265 | 3,250 | - | 2,852 | 2,933 | 2,902 | - | - | - | - | - | - | - |
Depreciation & Amortization | 839 | 828 | -959 | 796 | 804 | 822 | -837 | 814 | - | 828 | -515 | 799 | - | - | - | - | - | - | - |
Other Amortization | - | - | 1,715 | - | - | - | 1,546 | - | - | - | 1,294 | - | - | - | - | - | - | - | - |
Change in Trading Asset Securities | -2,687 | -23,769 | -5,682 | -10,227 | 14,366 | -17,646 | -8,176 | -26,914 | - | -32,388 | 25,789 | -18,406 | - | - | - | - | - | - | - |
Change in Other Net Operating Assets | -6,188 | -6,297 | -9,998 | -9,679 | -5,016 | -12,846 | 24,342 | 29,576 | - | -25,085 | -24,827 | 18,462 | - | - | - | - | - | - | - |
Other Operating Activities | 3,956 | 5,086 | 4,143 | 5,184 | 7,133 | 8,154 | 2,833 | 6,318 | - | 6,881 | 4,100 | 4,379 | - | - | - | - | - | - | - |
Operating Cash Flow | -562 | -18,697 | -7,017 | -10,422 | 20,718 | -18,114 | 22,973 | 13,044 | - | -46,912 | 8,774 | 8,136 | - | - | - | - | - | - | - |
Operating Cash Flow Growth (YoY) | - | - | - | - | - | - | 161.83% | 60.32% | - | - | - | - | - | - | - | - | - | - | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,832 | -1,012 | -1,375 | -1,277 | -1,232 | -1,970 | -2,284 | -1,472 | - | -2,591 | -4,373 | -2,368 | - | - | - | - | - | - | - |
Sale of Property, Plant and Equipment | 2,021 | 8,428 | 1,759 | 2,541 | 1,436 | 1,920 | 2,231 | 1,288 | - | 1,799 | 3,059 | 1,810 | - | - | - | - | - | - | - |
Cash Acquisitions | -3,318 | - | - | - | - | -187 | -11 | -35 | - | - | -107 | -19 | - | - | - | - | - | - | - |
Investment in Securities | 91 | -176 | 381 | 60 | 207 | 22 | 330 | -267 | - | 46 | 232 | 94 | - | - | - | - | - | - | - |
Divestitures | 5,270 | - | - | 1 | - | 53 | 2 | 2 | - | - | 21 | 26 | - | - | - | - | - | - | - |
Purchase / Sale of Intangibles | -435 | -249 | -541 | -452 | -453 | -359 | -674 | -521 | - | -396 | -698 | -545 | - | - | - | - | - | - | - |
Other Investing Activities | 39 | -2,554 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investing Cash Flow | 1,836 | 4,437 | 224 | 873 | -42 | -521 | -406 | -1,005 | - | -1,142 | -1,866 | -1,002 | - | - | - | - | - | - | - |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 147 | - | - | - | 346 | - | - | - | 2,408 | - | - | - | - | - | - | - | - | - |
Total Debt Issued | 2,535 | 147 | 519 | 1,462 | -40 | 346 | 25 | 3,068 | - | 2,408 | 3,467 | 1,886 | - | - | - | - | - | - | - |
Long-Term Debt Repaid | - | -1,480 | - | - | - | -3,467 | - | - | - | -1,535 | - | - | - | - | - | - | - | - | - |
Total Debt Repaid | -865 | -1,480 | -1,405 | -3,333 | -617 | -3,467 | -473 | -413 | - | -1,535 | -1,997 | -186 | - | - | - | - | - | - | - |
Net Debt Issued (Repaid) | 1,670 | -1,333 | -886 | -1,871 | -657 | -3,121 | -448 | 2,655 | - | 873 | 1,470 | 1,700 | - | - | - | - | - | - | - |
Issuance of Common Stock | 464 | 480 | 208 | 65 | 204 | 338 | 153 | 141 | - | 275 | 162 | 196 | - | - | - | - | - | - | - |
Repurchase of Common Stock | -1,590 | -3,050 | -1,469 | -591 | -1,162 | -859 | -2,037 | -593 | - | -933 | -1,211 | -175 | - | - | - | - | - | - | - |
Common Dividends Paid | -1,800 | - | - | - | -1,643 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Financing Activities | -366 | -232 | -1,538 | -63 | -886 | -272 | -1,583 | 375 | - | -298 | -1,765 | -77 | - | - | - | - | - | - | - |
Financing Cash Flow | -1,622 | -4,135 | -3,685 | -2,460 | -4,144 | -3,914 | -3,915 | 2,578 | - | -83 | -1,344 | 1,644 | - | - | - | - | - | - | - |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 1,040 | 915 | 67 | -790 | -5,474 | -2,711 | 4,179 | -1,474 | - | 1,956 | -2,279 | 733 | - | - | - | - | - | - | - |
Net Cash Flow | 692 | -17,480 | -10,411 | -12,799 | 11,058 | -25,260 | 22,831 | 13,143 | - | -46,181 | 3,285 | 9,511 | - | - | - | - | - | - | - |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -2,394 | -19,709 | -8,392 | -11,699 | 19,486 | -20,084 | 20,689 | 11,572 | - | -49,503 | 4,401 | 5,768 | - | - | - | - | - | - | - |
Free Cash Flow Growth (YoY) | - | - | - | - | - | - | 370.10% | 100.62% | - | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow Margin | -19.19% | -162.08% | -67.08% | -104.61% | 172.20% | -172.81% | 154.83% | 108.48% | - | -394.01% | 36.19% | 49.62% | - | - | - | - | - | - | - |
Free Cash Flow Per Share | -0.17 | -1.35 | -0.54 | -0.75 | 1.30 | -1.32 | 1.27 | 0.75 | - | -3.12 | 0.26 | 0.35 | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | - | - | 57,737 | - | - | - | 61,091 | - | - | - | 50,954 | - | - | - | - | - | - | - | - |
Cash Income Tax Paid | 2,824 | -424 | 2,701 | 1,136 | 1,629 | -512 | 2,962 | 1,437 | - | -243 | 2,516 | 1,194 | - | - | - | - | - | - | - |