NYSE$SAN
Banco Santander SA (US)-ADR · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Banco Santander delivered record quarterly profitability with strong revenue growth and improved efficiency in the fourth quarter.
Banco Santander reported a record Q4 2025 result, with profit attributable to the parent rising on the back of higher net interest income, strong fee growth and disciplined cost control, offsetting higher operating expenses.
- Seventh consecutive quarterly record in attributable profit
- Revenue growth was driven by higher net interest income and fees
- Efficiency and returns improved versus the prior year
- Capital position remained strong with a solid CET1 ratio
Headline financials
Revenue & EPS history
Banco Santander · Revenue · Quarterly
$17.8B
Forward guidance
Management reiterated confidence in continued profitable growth supported by revenue momentum, efficiency gains and disciplined capital allocation.
Tailwinds
- Sustained momentum in net interest income
- Continued growth in fee-based businesses
- Ongoing improvement in efficiency
- Strong capital generation capacity
- Commitment to shareholder returns
Headwinds
- Macroeconomic uncertainty across key markets
- Potential volatility in interest rate environment
- Regulatory and geopolitical risks
- Inflationary pressures on operating costs
- Credit risk normalization over time
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2025
+0.1%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+5.1%
Avg return
30 days after
25%
9 / 36 earnings
Positive
+15.3%
Q2 2023
Best reaction
-8.1%
Q3 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.7% | -4.2% | +3.3% | |
| Q4 2025 | -0.3% | +2.1% | +6.9% | |
| Q2 2025 | -1.8% | -2.8% | +6.8% | |
| Q4 2024 | +9.5% | +9.0% | +31.8% | |
| Q3 2024 | -4.0% | -1.0% | -7.6% | |
| Q1 2024 | +0.0% | -4.2% | +2.0% | |
| Q4 2023 | +0.0% | -0.5% | +4.8% | |
| Q3 2023 | +0.0% | +6.3% | +15.9% | |
| Q2 2023 | +15.3% | +4.1% | -1.8% | |
| Q1 2023 | -3.9% | -10.1% | -13.2% | |
| Q4 2022 | +10.6% | +6.8% | +14.2% | |
| Q3 2022 | +0.0% | -4.7% | +6.6% | |
| Q2 2022 | +2.0% | +0.8% | -3.3% | |
| Q1 2022 | -7.3% | -13.5% | -4.8% | |
| Q4 2021 | +0.0% | +5.2% | -18.2% | |
| Q3 2021 | +0.8% | +0.0% | -18.4% | |
| Q2 2021 | -4.3% | -2.1% | +1.1% | |
| Q1 2021 | +4.4% | +4.1% | +15.0% | |
| Q4 2020 | +12.5% | +11.3% | +19.1% | |
| Q3 2020 | -1.5% | -2.4% | +41.3% | |
| Q2 2014 | +2.2% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q1 2014 | -3.4% | — | — | |
| Q3 2013 | -8.1% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | -1.6% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q1 2012 | -0.5% | — | — | |
| Q3 2011 | -6.9% | — | — | |
| Q2 2011 | -5.2% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q3 2009 | — | — | — | |
| Q2 2009 | — | — | — | |
| Q1 2009 | — | — | — |
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