# Banco Santander (SAN) — Earnings

SAN · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/san/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.26 |
| EPS estimate | $0.28 |
| EPS surprise | −7.77% |
| Revenue surprise | +0.14% |
| Revenue | $17.9B |
| Revenue estimate | $17.9B |
| Reported | Jul 22, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/891478/000089147826000071/financieroq226ingles.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/371b91e1-e2fe-7428-c2f9-8e3f3ed59375.html) |

Santander reported Q2 2026 results on July 22, 2026. Earnings per share were $0.26, missing the $0.28 estimate by 7.77%. Revenue was $17.9 billion, 0.14% above the $17.9 billion consensus. Compared with Q2 2025, EPS rose about 4% from $0.25 and revenue was little changed from $17.8 billion. EPS was well below Q1 2026's $0.42, the high in the table.

Annual EPS rose every year in the table, from $0.56 in 2022 to $0.72 in 2023, $0.83 in 2024 and $1.03 in 2025, up about 24% on the year. The first half of 2026 totaled $0.68 per share, about 39% more than the $0.49 a year earlier, with most of the gain coming in Q1. Quarterly revenue grew from about $13 billion in 2022 to a high of $19.0 billion in Q4 2025. Santander beat EPS estimates in 13 of the last 20 quarters. Its largest beat was Q1 2026, at 49.79%.

Santander reported Q3 between October 25 and October 29 in each of the past five years. That points to late October 2026 for the next report. It will show whether EPS stays above year-earlier levels after the Q2 miss.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 22, 2026 | $0.28 | $0.26 | -7.77% | $17.9B | $17.9B |
| Q1 2026 | Apr 29, 2026 | $0.28 | $0.42 | 49.79% | $17.7B | $17.7B |
| Q4 2025 | Feb 3, 2026 | $0.24 | $0.28 | 15.69% | $18.5B | $19.0B |
| Q3 2025 | Oct 29, 2025 | $0.26 | $0.26 | 0.12% | $17.8B | $17.8B |
| Q2 2025 | Jul 30, 2025 | $0.26 | $0.25 | -1.79% | $18.2B | $17.8B |
| Q1 2025 | Apr 30, 2025 | $0.23 | $0.24 | 4.28% | $17.3B | $17.7B |
| Q4 2024 | Feb 5, 2025 | $0.18 | $0.21 | 15.78% | $15.7B | $16.7B |
| Q3 2024 | Oct 29, 2024 | $0.22 | $0.22 | -1.32% | $16.6B | $16.3B |
| Q2 2024 | Jul 24, 2024 | $0.21 | $0.22 | 1.69% | $16.8B | $17.0B |
| Q1 2024 | Apr 30, 2024 | $0.19 | $0.18 | -3.86% | $16.1B | $16.1B |
| Q4 2023 | Jan 31, 2024 | $0.17 | $0.20 | 12.36% | $15.8B | $15.8B |
| Q3 2023 | Oct 25, 2023 | $0.18 | $0.18 | -1.75% | $15.5B | $15.7B |
| Q2 2023 | Jul 26, 2023 | $0.17 | $0.18 | 3.87% | $15.4B | $15.8B |
| Q1 2023 | Apr 25, 2023 | $0.15 | $0.16 | 7.72% | $15.0B | $15.3B |
| Q4 2022 | Feb 2, 2023 | $0.13 | $0.14 | 6.36% | $14.4B | $14.8B |
| Q3 2022 | Oct 26, 2022 | $0.13 | $0.14 | 7.66% | $12.8B | $13.5B |
| Q2 2022 | Jul 29, 2022 | $0.13 | $0.13 | 1.14% | $12.9B | $13.0B |
| Q1 2022 | Apr 26, 2022 | $0.14 | $0.15 | 5.85% | $13.2B | $13.1B |
| Q4 2021 | Feb 2, 2022 | $0.15 | $0.14 | -5.40% | $13.2B | $13.3B |
| Q3 2021 | Oct 27, 2021 | $0.14 | $0.14 | -1.67% | $13.4B | $13.8B |

## Frequently Asked Questions

### When did Banco Santander (SAN) last report earnings?

Banco Santander last reported on Jul 22, 2026, covering fiscal Q2 2026.

### Did SAN beat earnings estimates?

No. Banco Santander reported EPS of $0.26 for Q2 2026 against a $0.28 estimate — a 7.77% miss.

### How much revenue did SAN report last quarter?

Banco Santander reported $17.9B in revenue for Q2 2026, against a consensus estimate of $17.9B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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