profit from every $100 of sales.
$0$100
Banco Santander
$12.21+0.66% today
+11.7% in 1 year
1-year low $10.061-year high $15.05
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $11.31 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Banco Santander sold, what it kept, and what it did with the cash.
Sales went from €54.2 billion in 2022 to €60.0 billion in 2025, with €14.1 billion of profit last year.
SalesProfit
Banco Santander vs. similar companies
Banco Santander grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Banco Santander | 11.3× · Cheap | ||
 JPMorgan Chase | 16.1× · Fair price | ||
 China Construction Bank | 9.3× · Cheap | ||
 Industrial and Commercial Bank of China | 8.6× · Cheap | ||
 Agricultural Bank of China | 8.9× · Cheap |
Compare Banco Santander with i BBCA ID SDR 1to2 · Mastercard · Moody's · S&P Global · Visa
AI analysis
An AI analyst reads Banco Santander's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 54,216 | 56,687 | 60,305 | 60,023 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 9,605 | 11,076 | 12,574 | 14,101 | |
| 0.54 | 0.65 | 0.77 | 0.90 | |
| – | – | – | – | |
| – | – | – | – | |
| 17.7% | 19.5% | 20.9% | 23.5% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,734,659 | 1,797,062 | 1,837,081 | 1,867,515 |
| Cash | 259,017 | 246,895 | 217,892 | 179,296 |
| Total debt | 282,961 | 310,979 | 327,723 | 326,212 |
| Total liabilities | 1,637,074 | 1,692,821 | 1,729,754 | 1,754,767 |
| 89,104 | 95,423 | 98,601 | 103,170 | |
| 16,904 | 16,247 | 15,568 | 14,976 | |
| – | – | – | – | |
| 10.8% | 11.6% | 12.8% | 13.7% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 27,706 | 5,015 | -24,155 | -14,835 | |
| 10,840 | 13,643 | 10,598 | 7,659 | |
| 16,866 | -8,628 | -34,753 | -22,494 | |
| Dividends paid | 1,848 | 2,261 | 3,017 | 3,341 |
| 2,050 | 3,109 | 4,789 | 4,081 | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 11.3×
- 10.2×
- 0.60
- 1.4×
- 2.7×
- 8.8%
- 2.1%
Profitability
- 23.5%
- 0.8%
- 2.2%
- 15.7%
- 0.9%
Growth
- +3.4%
- +18.8%
- +17.4%
- −4.0%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 21%of 688
Bottom 49%of 540
Top 37%of 900
Bottom 33%of 908
Bottom 11%of 941
What analysts expect
- Average price target
- $3.00
- Range
- $3.00 – $3.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 0.27 | 0.29 | −6.9% |
| Feb 4, 2026 | 0.25 | 0.25 | +0.0% |
| Oct 29, 2025 | 0.23 | 0.25 | −8.0% |
| Jul 30, 2025 | 0.22 | 0.26 | −15.4% |
| Apr 30, 2025 | 0.22 | 0.22 | +0.0% |
| Feb 5, 2025 | 0.21 | 0.21 | +1.7% |
| Oct 29, 2024 | 0.22 | 0.22 | +0.0% |
| Jul 24, 2024 | 0.22 | 0.22 | +0.0% |
2.1%of the share price, paid each year
On $1,000 invested$21a year at today's yield, before tax
+17.4%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$0.42 in 2015 → $0.26 in 2025
How safe it looks
23.7% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
40No pass
Benjamin Graham
57No pass
Philip Fisher
61Pass
Peter Lynch
64Pass
Joel Greenblatt
20No pass
Charlie Munger
42No pass
Terry Smith
31No pass
Questions about Banco Santander
Is Banco Santander a good stock to buy?
A strong, very profitable business, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Banco Santander AI analysis
What does Banco Santander do?
Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. It is in Banks - Diversified, based in Madrid, Spain, with 186,370 employees.
Does Banco Santander pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 24% of its yearly profit. In 2025 it paid out $3.34 billion in dividends.
Is Banco Santander stock halal?
No. Banco Santander does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Banco Santander stock done over the past year?
Up 11.7% over the past twelve months, to $12.21. It traded between $10.06 and $15.05 and is 18.9% below its high.
Who are Banco Santander's competitors?
The largest listed companies in the same industry are JPMorgan Chase, China Construction Bank, Industrial and Commercial Bank of China and Agricultural Bank of China. The peers table on this page compares their profit, growth and price with Banco Santander's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.