Banco Historical Income Statement
| SAN Stock | USD 4.51 0.03 0.66% |
Historical analysis of Banco Santander income statement accounts such as Total Operating Expenses of 26.1 B, Net Income of 11.6 B, Income Tax Expense of 4.5 B or Interest Expense of 65.1 B can show how well Banco Santander SA performed in making a profits. Evaluating Banco Santander income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Banco Santander's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Banco Santander SA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Banco Santander SA is a good buy for the upcoming year.
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About Banco Income Statement Analysis
Banco Santander SA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Banco Santander shareholders. The income statement also shows Banco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Banco Santander Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Banco Santander SA. It is also known as Banco Santander overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Banco Santander SA financial statement analysis. It represents the amount of money remaining after all of Banco Santander SA operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts Banco Santander SA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Banco Santander SA minus its cost of goods sold. It is profit before Banco Santander operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Banco Santander's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Banco Santander SA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Banco Santander SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Banco Santander's Income Tax Expense is very stable compared to the past year. As of the 21st of December 2024, Interest Expense is likely to grow to about 65.1 B, while Selling General Administrative is likely to drop about 12.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 48.4B | 54.2B | 59.6B | 33.9B | Total Revenue | 48.4B | 54.2B | 44.8B | 33.4B |
Banco Santander income statement Correlations
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Banco Santander Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banco Santander income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 41.4B | 50.0B | 35.4B | 7.3B | 24.9B | 26.1B | |
| Operating Income | 10.9B | (3.1B) | 13.0B | 46.9B | 19.9B | 21.6B | |
| Ebit | 13.9B | (3.1B) | 14.1B | 46.9B | 15.4B | 21.9B | |
| Ebitda | 13.9B | (329M) | 16.9B | 49.9B | 18.5B | 23.1B | |
| Total Operating Expenses | (41.4B) | (50.0B) | (35.4B) | (7.3B) | 24.9B | 26.1B | |
| Net Income | 6.5B | (7.7B) | 8.1B | 9.6B | 11.1B | 11.6B | |
| Income Tax Expense | 4.4B | 5.6B | 4.9B | 4.5B | 4.3B | 4.5B | |
| Interest Expense | 21.5B | 13.7B | 13.1B | 32.8B | 62.0B | 65.1B | |
| Selling General Administrative | 19.1B | 17.3B | 17.6B | 19.8B | 21.1B | 12.6B | |
| Total Revenue | 52.3B | 46.8B | 48.4B | 54.2B | 44.8B | 33.4B | |
| Gross Profit | 52.3B | 46.8B | 48.4B | 54.2B | 59.6B | 33.9B | |
| Income Before Tax | 12.5B | (2.1B) | 14.5B | 15.3B | 16.5B | 17.3B | |
| Total Other Income Expense Net | 1.6B | (2.1B) | (3.6B) | 494M | (3.4B) | (3.6B) | |
| Depreciation And Amortization | 171.9K | 2.8B | 2.8B | 3.0B | 3.2B | 3.3B | |
| Selling And Marketing Expenses | 685M | 523M | 510M | 559M | 603M | 567.5M | |
| Net Income Applicable To Common Shares | 5.9B | (9.3B) | 8.1B | 9.6B | 8.6B | 4.9B | |
| Minority Interest | 10.6B | 9.8B | (1.5B) | (1.2B) | (1.1B) | (1.1B) | |
| Net Income From Continuing Ops | 8.1B | (7.7B) | 9.7B | 10.8B | 12.2B | 8.5B | |
| Tax Provision | 4.4B | 5.6B | 4.9B | 4.5B | 4.3B | 4.6B | |
| Net Interest Income | 35.3B | 32.0B | 33.4B | 38.6B | 43.3B | 38.5B | |
| Interest Income | 56.8B | 45.7B | 46.5B | 71.4B | 105.3B | 67.0B | |
| Reconciled Depreciation | 3.0B | 2.8B | 2.8B | 3.0B | 3.2B | 3.1B |
Pair Trading with Banco Santander
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Santander position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Santander will appreciate offsetting losses from the drop in the long position's value.Moving against Banco Stock
| 0.56 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.55 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.54 | C | Citigroup Fiscal Year End 10th of January 2025 | PairCorr |
| 0.5 | BNS | Bank of Nova Scotia | PairCorr |
| 0.49 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
The ability to find closely correlated positions to Banco Santander could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Santander when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Santander - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Santander SA to buy it.
The correlation of Banco Santander is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Santander moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Santander SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Santander can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Banco Santander SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Santander. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Santander listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.177 | Dividend Share 0.195 | Earnings Share 0.78 | Revenue Per Share 3.044 | Quarterly Revenue Growth 0.047 |
The market value of Banco Santander SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Santander's value that differs from its market value or its book value, called intrinsic value, which is Banco Santander's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Santander's market value can be influenced by many factors that don't directly affect Banco Santander's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Santander's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Santander is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Santander's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.