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Banco Santander S.A. Sponsored ADR (Spain)Stock · Finance
$14.65+$0.01 (+0.07%)as of market close, Aug 6, 2026
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How Banco Santander S.A. Sponsored ADR (Spain) makes money

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How does Banco Santander S.A. Sponsored ADR (Spain) make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Banco Santander S.A. Sponsored ADR (Spain) · FY2017 · year ended 2017-12-31
Revenue$83.6BGross profit$83.6B · 100%Cost of revenue$0 · 0%Operating income$28.6B · 34%Operating expenses$55.0B · 66%Other opex$55.0B · 66%Pre-tax income$13.6B · 16%Other expense$15.0B · 18%Net income$9.3B · 11%Income tax$4.4B · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.