Banco Santander, S.A (SAN.MC) Financial Statements

Price: $6.516
Market Cap: $98.63B
Avg Volume: 35.68M
Country: ES
Industry: Banks - Diversified
Sector: Financial Services
Beta: 1.373
52W Range: $3.8-6.61
Website: Banco Santander, S.A

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Banco Santander, S.A.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$80.00B$80.00B$60.00B$60.00B$40.00B$40.00B$20.00B$20.00B$0.00$0.00-$20.00B-$20.00B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$90.00B$90.00B$60.00B$60.00B$30.00B$30.00B$0.00$0.00-$30.00B-$30.00B-$60.00B-$60.00B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $63.49B $59.59B $54.22B $48.41B $46.81B $52.32B $49.69B $49.60B $45.70B $45.06B
Cost of Revenue $- $285.00M $- $- $- $- $-28.00M $- $- $-
Gross Profit $63.49B $59.31B $54.22B $48.41B $46.81B $52.32B $49.71B $49.60B $45.70B $45.06B
Gross Profit Ratio 100.00% 99.50% 100.00% 100.00% 100.00% 100.00% 100.06% 100.00% 100.00% 100.00%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $20.89B $21.07B $19.80B $17.59B $17.26B $19.07B $17.30B $19.06B $17.56B $16.13B
Selling and Marketing Expenses $540.00M $603.00M $559.00M $510.00M $523.00M $685.00M $646.00M $757.00M $691.00M $705.00M
Selling General and Administrative Expenses $21.43B $21.67B $20.36B $18.10B $17.78B $19.76B $17.95B $19.82B $18.25B $16.84B
Other Expenses $42.06B $38.21B $-27.67B $-53.49B $-67.73B $-61.14B $-36.83B $-37.17B $-30.40B $-2.19B
Operating Expenses $63.49B $59.59B $-7.31B $-35.39B $-49.95B $-41.38B $-17.03B $-17.35B $-12.14B $14.65B
Cost and Expenses $63.49B $59.59B $-7.31B $-35.39B $-49.95B $-41.38B $-17.03B $-17.35B $-12.14B $14.65B
Interest Income $112.73B $105.25B $71.43B $46.46B $45.74B $56.78B $54.33B $56.04B $55.16B $32.19B
Interest Expense $66.07B $61.99B $32.81B $13.09B $13.75B $21.50B $19.98B $21.75B $24.07B $24.39B
Depreciation and Amortization $3.29B $3.18B $2.98B $2.76B $2.81B $3.00B $2.42B $2.59B $2.36B $2.42B
EBITDA $- $- $- $16.87B $- $15.22B $15.89B $13.98B $20.45B $-
EBITDA Ratio 0.00% 0.00% 92.02% 32.59% -0.70% 26.65% 70.65% 70.25% 78.60% 77.63%
Operating Income $- $15.99B $46.90B $13.02B $-3.14B $10.94B $32.68B $32.25B $33.55B $32.56B
Operating Income Ratio 0.00% 26.83% 86.51% 26.89% -6.71% 20.91% 65.77% 65.02% 73.43% 72.26%
Total Other Income Expenses Net $19.03B $471.00M $494.00M $-3.60B $-2.08B $-5.63B $-5.33B $-3.75B $-3.09B $-4.82B
Income Before Tax $19.03B $16.46B $15.25B $14.55B $-2.08B $12.54B $14.20B $12.09B $10.77B $10.94B
Income Before Tax Ratio 29.97% 27.62% 28.13% 30.05% -4.43% 23.97% 28.58% 24.38% 23.56% 24.28%
Income Tax Expense $5.28B $4.28B $4.49B $4.89B $5.63B $4.43B $4.89B $3.88B $3.28B $3.12B
Net Income $12.57B $11.08B $9.61B $8.12B $-7.71B $6.51B $7.81B $6.62B $6.20B $6.57B
Net Income Ratio 19.81% 18.59% 17.72% 16.78% -16.47% 12.45% 15.72% 13.35% 13.58% 14.57%
EPS $0.77 $0.65 $0.54 $0.44 $-0.45 $0.35 $0.48 $0.39 $0.39 $0.43
EPS Diluted $0.77 $0.65 $0.54 $0.44 $-0.45 $0.35 $0.46 $0.39 $0.39 $0.42
Weighted Average Shares Outstanding 16.33B 16.17B 16.85B 17.27B 17.32B 17.06B 16.15B 16.06B 15.04B 15.23B
Weighted Average Shares Outstanding Diluted 16.33B 16.25B 16.90B 17.32B 17.32B 17.10B 16.90B 16.06B 15.04B 15.57B
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$2.00T$2.00T$1.50T$1.50T$1.00T$1.00T$500.00B$500.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$120.00B$120.00B$90.00B$90.00B$60.00B$60.00B$30.00B$30.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $304.98B $246.90B $223.07B $210.69B $153.84B $101.07B $113.66B $111.00B $76.45B $77.75B
Short Term Investments $78.75B $21.51B $77.02B $100.38B $111.69B $121.27B $331.51B $150.81B $130.01B $132.94B
Cash and Short Term Investments $383.73B $220.34B $223.07B $210.69B $153.84B $101.07B $113.66B $111.00B $76.45B $77.75B
Net Receivables $11.43B $10.62B $- $- $- $- $- $- $- $-
Inventory $- $- $-366.39B $-325.02B $-286.42B $-230.33B $-228.99B $-285.31B $-234.29B $-
Other Current Assets $-11.43B $370.38B $- $- $- $- $- $- $- $-
Total Current Assets $383.73B $590.73B $223.07B $210.69B $153.84B $101.07B $113.66B $111.00B $76.45B $77.75B
Property Plant Equipment Net $31.21B $32.93B $33.04B $32.34B $31.77B $34.26B $24.59B $20.65B $20.77B $19.34B
Goodwill $13.44B $14.02B $13.74B $12.71B $12.47B $24.25B $25.47B $25.77B $26.72B $26.96B
Intangible Assets $5.82B $5.85B $4.90B $3.87B $3.44B $3.44B $3.09B $2.91B $2.70B $2.47B
Goodwill and Intangible Assets $19.26B $19.87B $18.64B $16.58B $15.91B $27.69B $28.56B $28.68B $29.42B $29.43B
Long Term Investments $314.24B $271.74B $217.05B $192.95B $199.81B $212.02B $1.56B $16.01B $16.69B $233.49B
Tax Assets $- $- $20.79B $19.44B $19.25B $22.76B $265.17B $23.21B $21.26B $54.75B
Other Non-Current Assets $-364.71B $1.10T $-237.84B $-212.39B $-219.05B $-234.78B $-266.74B $-39.22B $-37.96B $-288.24B
Total Non-Current Assets $1.45T $1.43T $51.69B $48.93B $47.68B $61.95B $53.15B $49.33B $50.19B $48.77B
Other Assets $1.84T $-220.34B $1.46T $1.34T $1.31T $1.36T $1.29T $1.28T $1.21T $1.21T
Total Assets $1.84T $1.80T $1.73T $1.60T $1.51T $1.52T $1.46T $1.44T $1.34T $1.34T
Account Payables $- $3.32B $3.02B $2.40B $2.00B $1.85B $2.02B $2.62B $2.09B $2.17B
Short Term Debt $- $46.76B $707.00M $690.00M $22.60B $33.41B $- $- $- $-
Tax Payables $3.32B $3.85B $8.84B $7.50B $2.35B $2.80B $6.54B $5.97B $5.47B $4.65B
Deferred Revenue $- $5.43B $- $- $- $- $-790.82B $-813.81B $-759.37B $-
Other Current Liabilities $-3.32B $1.02T $-12.57B $-10.59B $-26.95B $-38.06B $-8.55B $-8.58B $-7.55B $-6.82B
Total Current Liabilities $- $1.08T $10.53B $9.10B $8.53B $9.99B $6.83B $8.03B $7.60B $7.58B
Long Term Debt $325.52B $264.22B $282.25B $248.33B $237.72B $266.32B $246.62B $217.97B $228.87B $226.16B
Deferred Revenue Non-Current $- $- $- $- $- $- $-136.62B $-151.17B $6.51B $-
Deferred Tax Liabilities Non-Current $6.28B $6.09B $6.43B $6.46B $5.93B $6.52B $5.57B $4.84B $5.69B $5.57B
Other Non-Current Liabilities $-331.80B $310.88B $-288.68B $-254.79B $-243.66B $-272.84B $-252.19B $-222.80B $-234.56B $-231.72B
Total Non-Current Liabilities $- $581.18B $198.49B $184.25B $170.71B $175.15B $182.36B $163.94B $161.68B $163.68B
Other Liabilities $1.73T $31.07B $1.43T $1.31T $1.24T $1.23T $1.16T $1.17T $1.07T $1.07T
Total Liabilities $1.73T $1.69T $1.64T $1.50T $1.42T $1.41T $1.35T $1.34T $1.24T $1.24T
Preferred Stock $- $- $42.06B $38.03B $36.74B $28.94B $19.29B $18.90B $4.92B $-
Common Stock $7.58B $8.09B $8.40B $8.67B $8.67B $8.31B $8.12B $8.07B $7.29B $7.22B
Retained Earnings $94.90B $76.38B $68.32B $61.51B $51.71B $61.56B $59.77B $55.70B $53.08B $49.89B
Accumulated Other Comprehensive Income Loss $-44.10B $-32.34B $-42.06B $-38.03B $-36.74B $-28.94B $-19.29B $-18.90B $-4.92B $74.86B
Other Total Stockholders Equity $40.23B $43.30B $45.60B $47.09B $52.73B $52.41B $50.93B $51.03B $44.91B $44.79B
Total Stockholders Equity $98.60B $95.42B $89.10B $86.93B $81.48B $100.07B $96.47B $94.49B $90.94B $88.04B
Total Equity $107.33B $104.24B $97.58B $97.05B $91.32B $110.66B $107.36B $106.83B $102.70B $98.75B
Total Liabilities and Stockholders Equity $1.84T $1.80T $1.73T $1.60T $1.51T $1.52T $1.46T $1.44T $1.34T $1.34T
Minority Interest $8.73B $8.82B $8.48B $10.12B $9.85B $10.59B $10.89B $12.34B $11.76B $10.71B
Total Liabilities and Total Equity $1.84T $1.80T $1.73T $1.60T $1.51T $1.52T $1.46T $1.44T $1.34T $1.34T
Total Investments $393.00B $293.25B $294.07B $293.32B $311.49B $333.29B $333.07B $383.43B $346.69B $340.03B
Total Debt $325.52B $310.98B $282.96B $249.02B $235.27B $261.98B $246.62B $217.97B $228.87B $226.18B
Net Debt $20.55B $64.08B $59.89B $38.33B $81.43B $160.91B $132.96B $106.97B $152.41B $148.43B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$120.00B$120.00B$80.00B$80.00B$40.00B$40.00B$0.00$0.00-$40.00B-$40.00B-$80.00B-$80.00B-$120.00B-$120.00B20152015201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$10.00B$10.00B$5.00B$5.00B$0.00$0.00-$5.00B-$5.00B-$10.00B-$10.00B-$15.00B-$15.00B20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Net Income $11.08B $10.76B $9.65B $-7.71B $8.12B $9.31B $8.21B $7.49B $7.33B $6.93B
Depreciation and Amortization $3.18B $2.98B $2.76B $2.81B $3.00B $2.42B $2.59B $2.36B $2.42B $2.29B
Deferred Income Tax $- $- $- $- $- $- $- $- $- $-
Stock Based Compensation $- $- $- $- $- $- $- $- $- $-
Change in Working Capital $46.65B $-1.53B $29.69B $38.97B $-26.12B $-24.27B $12.19B $-4.82B $-12.89B $-28.29B
Accounts Receivables $- $- $- $- $- $- $- $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $-
Accounts Payables $- $- $- $- $- $- $- $- $- $-
Other Working Capital $46.65B $-1.53B $29.69B $38.97B $-26.12B $-24.27B $12.19B $-4.82B $-12.89B $-28.29B
Other Non Cash Items $19.66B $15.49B $14.60B $32.08B $18.40B $15.95B $17.20B $16.80B $15.99B $15.13B
Net Cash Provided by Operating Activities $80.56B $27.71B $56.69B $66.15B $3.39B $3.42B $40.19B $21.82B $12.86B $-3.94B
Investments in Property Plant and Equipment $-11.45B $-10.84B $-11.40B $-8.52B $-14.14B $-12.20B $-8.99B $-8.34B $-9.24B $-7.91B
Acquisitions Net $-389.00M $-50.00M $-134.00M $-1.16B $135.00M $-299.00M $-575.00M $-380.00M $-788.00M $-311.00M
Purchases of Investments $-139.00M $-152.00M $-126.00M $-525.00M $-63.00M $-11.00M $-308.00M $-9.39B $-82.00M $-18.00M
Sales Maturities of Investments $814.00M $533.00M $672.00M $182.00M $686.00M $2.33B $1.27B $591.00M $560.00M $324.00M
Other Investing Activities $-69.75B $6.61B $7.28B $2.80B $6.16B $13.33B $4.59B $3.75B $3.33B $1.91B
Net Cash Used for Investing Activities $-80.91B $-3.90B $-3.71B $-7.22B $-7.23B $3.15B $-4.01B $-13.76B $-6.22B $-6.00B
Debt Repayment $4.08B $-2.17B $2.66B $315.00M $-4.03B $779.00M $987.00M $-2.72B $2.55B $608.00M
Common Stock Issued $825.00M $573.00M $854.00M $721.00M $947.00M $989.00M $8.40B $1.60B $10.55B $3.50B
Common Stock Repurchased $-3.11B $-2.05B $-1.65B $-758.00M $-928.00M $-1.03B $-1.31B $-1.38B $-3.23B $-3.44B
Dividends Paid $-2.26B $-1.85B $-1.31B $- $-3.77B $-3.12B $-2.67B $-2.31B $-1.50B $-909.00M
Other Financing Activities $-1.59B $-4.47B $-1.87B $-2.19B $-2.33B $-925.00M $-1.21B $-943.00M $587.00M $183.00M
Net Cash Used Provided by Financing Activities $-2.06B $-9.96B $-1.32B $-1.91B $-10.12B $-3.30B $4.21B $-5.75B $8.96B $-62.00M
Effect of Forex Changes on Cash $-322.00M $-1.46B $5.20B $-4.25B $1.37B $-595.00M $-5.84B $-3.61B $-3.70B $2.33B
Net Change in Cash $-2.73B $12.38B $56.85B $52.77B $-12.60B $2.67B $34.54B $-1.30B $11.90B $-7.67B
Cash at End of Period $220.34B $223.07B $210.69B $153.84B $101.07B $113.66B $111.00B $76.45B $81.33B $69.43B
Cash at Beginning of Period $223.07B $210.69B $153.84B $101.07B $113.66B $111.00B $76.45B $77.75B $69.43B $77.10B
Operating Cash Flow $80.56B $27.71B $56.69B $66.15B $3.39B $3.42B $40.19B $21.82B $12.86B $-3.94B
Capital Expenditure $-13.64B $-10.84B $-11.40B $-8.52B $-14.14B $-12.20B $-8.99B $-8.34B $-9.24B $-7.91B
Free Cash Flow $66.92B $16.87B $45.29B $57.63B $-10.75B $-8.78B $31.20B $13.48B $3.62B $-11.85B