Filing Flows › Banco Santander, S.A. (SAN) › Q2 2025
Banco Santander, S.A. (SAN) Q2 2025 earnings results (second quarter 2025)
6-K filed Jul 30, 2025
Banco Santander, S.A. (SAN) reported revenue of $14.5B for the second quarter 2025 (Q2 2025). Operating margin was 30.4%, net earnings $3.4B (23.7% of revenue).
Revenue$14.5B
Year over year—
Quarter over quarter—
Operating margin30.4%
Net earnings$3.4B
Banco Santander, S.A., Q2 2025: revenue $14.5B, operating margin 30.4%, net earnings $3.4B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.5B | — | — |
| Operating profit | $4.4B | — | — |
| Net earnings | $3.4B | — | — |
What changed
Revenue was €14.5B in Q2 2025. Brazil was the largest line at 33% of revenue.
Operating profit was €4.4B, a 30.4% margin. Net earnings were €3.4B. The effective tax rate was 22.3%.
Questions
What was Banco Santander, S.A.'s revenue in the second quarter 2025?
Banco Santander, S.A.
Was Banco Santander, S.A. profitable in the second quarter 2025?
Operating profit was $4.4B (30.4% of revenue) and net earnings $3.4B.