Filing Flows › Banco Santander, S.A. (SAN) › Q1 2025
Banco Santander, S.A. (SAN) Q1 2025 earnings results (first quarter 2025)
6-K filed Apr 30, 2025
Banco Santander, S.A. (SAN) reported revenue of $15.5B for the first quarter 2025 (Q1 2025). Operating margin was 33.4%, net earnings $3.4B (21.9% of revenue).
Revenue$15.5B
Year over year—
Quarter over quarter—
Operating margin33.4%
Net earnings$3.4B
Banco Santander, S.A., Q1 2025: revenue $15.5B, operating margin 33.4%, net earnings $3.4B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.5B | — | — |
| Operating profit | $5.2B | — | — |
| Net earnings | $3.4B | — | — |
What changed
Revenue was €15.5B in Q1 2025.
Operating profit was €5.2B, a 33.4% margin. Net earnings were €3.4B. The effective tax rate was 34.4%.
Questions
What was Banco Santander, S.A.'s revenue in the first quarter 2025?
Banco Santander, S.A.
Was Banco Santander, S.A. profitable in the first quarter 2025?
Operating profit was $5.2B (33.4% of revenue) and net earnings $3.4B.