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Saturday 17 October 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. In the quarter to June 2026, revenue grew 4.44%, EPS grew 8.00% and free cash flow fell 105.7%, each against the same quarter a year earlier.

13.30 0.16 −1.19%
Market cap
$195.8B
P/E
10.7×
Fwd P/E
10.1×
Dividend yield
3.17%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Banco Santander, S.A. (SAN) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Banco Santander, S.A. (SAN) trades at a P/E ratio of 10.7×. Over the past ten years it has ranged from 0.0× (June 2021) to 17.8× (January 2018); the current reading is higher than 67% of that period. That is below the Banks Diversified industry median of 12.0× and below the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 11.5× 94.19%
FY2024 5.9× (0.59%)
FY2023 6.0× 15.17%
FY2022 5.2× (19.82%)
FY2021 6.5× —
FY2020 0.0× —
FY2019 8.1× (9.33%)
FY2018 8.9× (41.95%)
FY2017 15.4× 20.62%
FY2016 12.8× 21.45%

Quarterly newest first

Period P/E ratio Change
Jun 2026 11.1× 20.37%
Mar 2026 9.2× (19.60%)
Dec 2025 11.5× 5.34%
Sep 2025 10.9× 14.43%
39 more quarters

Against its own ten years

Low 0.0× High 17.8×
Ten-year median 9.5×
Current reading's percentile 70

P/E ratio against peers

Company P/E ratio
SMFG Sumitomo Mitsui Financial Group Inc compare 9.3×
SAN Banco Santander, S.A. 10.7×
WFC Wells Fargo & Company compare 11.5×
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 11.7×
BAC Bank of America Corporation compare 11.9×
C Citigroup Inc. compare 12.1×
HSBC HSBC Holdings plc compare 13.3×
UBS UBS Group AG compare 15.5×
MUFG Mitsubishi UFJ Financial Group, Inc. compare 17.0×
Banks Diversified industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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