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Banco Santander, S.A. (SAN) Q2 2026 earnings results (second quarter 2026)

6-K filed Jul 22, 2026

Banco Santander, S.A. (SAN) reported revenue of $15.7B for the second quarter 2026 (Q2 2026) and +4% from the quarter before. Operating margin was 31.5%, net earnings $3.5B (22.4% of revenue).

Revenue$15.7B
Year over year—
Quarter over quarter+4%
Operating margin31.5%
Net earnings$3.5B

Banco Santander, S.A., Q2 2026: revenue $15.7B, operating margin 31.5%, net earnings $3.5B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$15.7B+4%—
Operating profit$4.9B-2%—
Net earnings$3.5B-36%—

What changed

Revenue was €15.7B in Q2 2026, up 4% from the previous quarter. Brazil was the largest line at 32% of revenue.

Operating profit was €4.9B, a 31.5% margin. Net earnings were €3.5B. The effective tax rate was 28.7%.

Questions

What was Banco Santander, S.A.'s revenue in the second quarter 2026?

Banco Santander, S.A.

Was Banco Santander, S.A. profitable in the second quarter 2026?

Operating profit was $4.9B (31.5% of revenue) and net earnings $3.5B.

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Source: Banco Santander, S.A. 6-K on SEC EDGAR.