Pricing Log in Create free account
Friday 6 November 2026 Export SAN’s income statement to Excel — free account

Banco Santander, S.A.

SAN Financial Banks Diversified

Banco Santander, S.A.’s revenue for fiscal 2025 (year ended December 2025) was $133.5 billion, down 3.54% from fiscal 2024.

Revenue
−73.3%
EPS
−3.70%
Free cash flow
+381.0%

Quarter to September 2026, against a year earlier

12.04 0.03 −0.25%
Market cap
$174.7B
P/E
9.8×
Fwd P/E
9.4×
Dividend yield
2.41%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Banco Santander, S.A. (SAN) Current ratio

Alert me on Current ratio

Banco Santander, S.A.'s current ratio at the end of the quarter to 30 September 2026 was 0.2×, down 0.1× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.3× (fiscal 2021) to 8.1× (fiscal 2016); the current reading is higher than 45% of that period. That is below the Banks Diversified industry median of 0.9× and below the Financial sector median of 1.0×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2025 0.3× (7.29%)
FY2024 0.4× 1.05%
FY2023 0.4× 2.87%
FY2022 0.3× 20.82%
FY2021 0.3× (5.32%)
FY2020 0.3× 1.70%
FY2019 0.3× (4.14%)
FY2018 0.3× (77.54%)
FY2017 1.4× (83.13%)
FY2016 8.1× 472.44%

Quarterly newest first

Period Current ratio Change
Sep 2026 0.2× 4.61%
Jun 2026 0.2× (3.87%)
Mar 2026 0.2× (24.62%)
Dec 2025 0.3× 29.63%
40 more quarters

Against its own ten years

Low 0.3× High 8.1×
Ten-year median 0.3×
Current reading's percentile 45

Current ratio against peers

Company Current ratio
UBS UBS Group AG compare 1.1×
C Citigroup Inc. compare 1.1×
SMFG Sumitomo Mitsui Financial Group Inc compare 1.0×
WFC Wells Fargo & Company compare 0.9×
HSBC HSBC Holdings plc compare 0.9×
MUFG Mitsubishi UFJ Financial Group, Inc. compare 0.8×
BNY BNY compare 0.7×
SAN Banco Santander, S.A. 0.2×
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 0.2×
Banks Diversified industry median 0.9×
Financial sector median 1.0×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on SAN