Banco Santander S.A. (MC:SAN) — Market Cap & Net Worth

$184.37 Billion USD  · €157.71 Billion EUR  · Rank #114

Market Cap & Net Worth: Banco Santander S.A. (SAN)

Banco Santander S.A. (MC:SAN) has a market capitalization of $184.37 Billion (€157.71 Billion) as of September 18, 2026. Listed on the MC stock exchange, this Spain-based company holds position #114 globally and #1 in its home market, demonstrating a 2.02% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Banco Santander S.A.'s stock price €12.95 by its total outstanding shares 14522205510 (14.52 Billion). Also see SAN current and non-current assets for a full breakdown of the balance sheet.

Banco Santander S.A. Market Cap History: 2015 to 2026

Banco Santander S.A.'s market capitalization history from 2015 to 2026. Data shows growth from $52.31 Billion to $219.90 Billion (12.89% CAGR). Also see cash flow conversion of Banco Santander S.A. for how efficiently the company converts equity into cash flow.

Index Memberships

Banco Santander S.A. is a constituent of 4 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
IBEX 35 Index
IBEX
$1.10 Trillion 16.74% #1 of 34
IBEX Total Return
IBEXTR
$916.30 Billion 20.12% #1 of 24
STOXX Europe Large 200 EUR Price
LCXP
$7.29 Trillion 2.53% #8 of 182
STOXX Europe Large 200 Net Return
LCXR
$7.29 Trillion 2.53% #8 of 182

Weight: Banco Santander S.A.'s market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Banco Santander S.A. Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Banco Santander S.A.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check SAN stock price and chart for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

1.43x

Banco Santander S.A.'s market cap is 1.43 times its annual revenue

Industry average: 0.56x Higher than industry average

Latest Price to Earnings (P/E) Ratio

12.12x

Banco Santander S.A.'s market cap is 12.12 times its annual earnings

Industry average: 2.12x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $59.81 Billion $45.70 Billion $6.20 Billion 1.31x 9.64x
2017 $69.71 Billion $49.60 Billion $6.62 Billion 1.41x 10.53x
2018 $52.77 Billion $49.69 Billion $7.81 Billion 1.06x 6.76x
2019 $52.36 Billion $52.32 Billion $6.51 Billion 1.00x 8.04x
2020 $37.17 Billion $60.50 Billion -$8.77 Billion 0.61x N/A
2021 $44.10 Billion $39.01 Billion $8.12 Billion 1.13x 5.43x
2022 $43.77 Billion $41.95 Billion $9.61 Billion 1.04x 4.56x
2023 $61.51 Billion $45.78 Billion $11.08 Billion 1.34x 5.55x
2024 $75.80 Billion $50.80 Billion $12.57 Billion 1.49x 6.03x
2025 $170.97 Billion $119.89 Billion $14.10 Billion 1.43x 12.12x

Competitor Companies of SAN by Market Capitalization

Companies near Banco Santander S.A. in the global market cap rankings as of September 18, 2026. Review how tangible is Banco Santander S.A.'s equity to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Banco Santander S.A. by market ranking:

  • JPMorgan Chase & Co (NYSE:JPM): Ranked #17 globally with a market cap of $928.53 Billion USD.
  • Bank of America Corp (NYSE:BAC): Ranked #39 globally with a market cap of $391.45 Billion USD.
  • HSBC Holdings plc (MX:HBCN): Ranked #45 globally with a market cap of $346.75 Billion USD ( MX$6.03 Trillion MXN).
  • Agricultural Bank of China Ltd Class A (SHG:601288): Ranked #52 globally with a market cap of $321.87 Billion USD ( CN¥2.20 Trillion CNY).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#17 JPMorgan Chase & Co NYSE:JPM $928.53 Billion $349.31
#39 Bank of America Corp NYSE:BAC $391.45 Billion $58.18
#45 HSBC Holdings plc MX:HBCN $346.75 Billion MX$1755.00
#52 Agricultural Bank of China Ltd Class A SHG:601288 $321.87 Billion CN¥6.89

Banco Santander S.A. Historical Marketcap From 2015 to 2026

Between 2015 and today, Banco Santander S.A.'s market cap moved from $52.31 Billion to $ 219.90 Billion, with a yearly change of 12.89%.

Year Market Cap Change (%)
2026 €219.90 Billion +28.62%
2025 €170.97 Billion +125.56%
2024 €75.80 Billion +23.23%
2023 €61.51 Billion +40.53%
2022 €43.77 Billion -0.74%
2021 €44.10 Billion +18.62%
2020 €37.17 Billion -29.00%
2019 €52.36 Billion -0.78%
2018 €52.77 Billion -24.30%
2017 €69.71 Billion +16.56%
2016 €59.81 Billion +14.34%
2015 €52.31 Billion --

End of Day Market Cap According to Different Sources

On Sep 18th, 2026 the market cap of Banco Santander S.A. was reported to be:

Source Market Cap
Yahoo Finance $184.37 Billion USD
MoneyControl $184.37 Billion USD
MarketWatch $184.37 Billion USD
marketcap.company $184.37 Billion USD
Reuters $184.37 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Banco Santander S.A.

MC:SAN Spain Banks - Diversified
Market Cap
$219.90 Billion
€188.09 Billion EUR
Market Cap Rank
#114 Global
#1 in Spain
Share Price
€12.95
Change (1 day)
+2.06%
52-Week Range
€8.29 - €12.95
All Time High
€12.95
About

Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. It offers demand and time deposits, mutual funds, an… Read more