Banco Santander S.A. (SAN) — Strategic Asset Allocation Index

Latest as of March 2026: 318.0%

Banco Santander S.A. (SAN) has a Strategic Asset Allocation Index of 318.0% as of March 2026. Strategic assets (PP&E of €- plus long-term investments of €357.91 Billion) total €357.91 Billion, measured against net assets of €112.55 Billion. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check Banco Santander S.A. (SAN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

SAAI

318.0%
Strategic Assets / Net Assets

Strategic Assets

€357.91 Billion
PP&E + LT Investments

PP&E

€-
EUR

Net Assets

€112.55 Billion
EUR

Banco Santander S.A. Strategic Asset Allocation Index (2000–2025)

This chart shows how Banco Santander S.A.'s Strategic Asset Allocation Index has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the index stands at 318.0%, representing strategic assets of €357.91 Billion against net assets of €112.55 Billion EUR. See Banco Santander S.A. (SAN) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Annual Strategic Asset Allocation Index for Banco Santander S.A. (2000–2025)

The table below presents the year-by-year Strategic Asset Allocation Index for Banco Santander S.A. from 2000 to 2025, covering 26 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For the full company profile including market capitalisation, see Banco Santander S.A. market cap and net worth.

Year SAAI Strategic Assets (EUR) PP&E LT Investments Net Assets Change (pp)
2025 299.1% €337.20 Billion €- €337.20 Billion €112.75 Billion ▲ +6.3 pp
2024 292.8% €314.24 Billion €- €314.24 Billion €107.33 Billion ▲ +32.1 pp
2023 260.7% €271.74 Billion €- €271.74 Billion €104.24 Billion ▲ +4.4 pp
2022 256.3% €250.09 Billion €33.04 Billion €217.05 Billion €97.58 Billion ▲ +24.1 pp
2021 232.1% €225.29 Billion €32.34 Billion €192.95 Billion €97.05 Billion ▼ -1177.0 pp
2020 1409.2% €1.29 Trillion €31.77 Billion €1.26 Trillion €91.32 Billion ▲ +1071.8 pp
2019 337.4% €373.36 Billion €34.26 Billion €339.09 Billion €110.66 Billion ▲ +9.5 pp
2018 327.9% €352.04 Billion €24.59 Billion €327.44 Billion €107.36 Billion ▼ -1.0 pp
2017 328.9% €351.38 Billion €20.65 Billion €330.73 Billion €106.83 Billion ▼ -11.8 pp
2016 340.7% €349.88 Billion €20.77 Billion €329.11 Billion €102.70 Billion ▲ +174.4 pp
2015 166.3% €164.23 Billion €19.34 Billion €144.90 Billion €98.75 Billion ▲ +1.1 pp
2014 165.2% €148.23 Billion €16.89 Billion €131.34 Billion €89.71 Billion ▲ +24.5 pp
2013 140.8% €111.94 Billion €9.97 Billion €101.96 Billion €79.52 Billion ▲ +128.1 pp
2012 12.7% €10.31 Billion €10.31 Billion €- €81.19 Billion ▲ +0.6 pp
2011 12.1% €9.99 Billion €9.99 Billion €- €82.86 Billion ▼ -0.1 pp
2010 12.2% €9.83 Billion €9.83 Billion €- €80.91 Billion ▲ +1.5 pp
2009 10.7% €7.90 Billion €7.90 Billion €- €73.87 Billion ▼ -2.0 pp
2008 12.7% €7.63 Billion €7.63 Billion €- €60.00 Billion ▼ -2.9 pp
2007 15.6% €9.00 Billion €9.00 Billion €- €57.56 Billion ▼ -5.1 pp
2006 20.7% €9.74 Billion €9.74 Billion €- €47.07 Billion ▼ -2.9 pp
2005 23.6% €9.33 Billion €9.33 Billion €- €39.52 Billion ▲ +2.1 pp
2004 21.5% €7.84 Billion €7.84 Billion €- €36.50 Billion ▲ +17.4 pp
2003 4.1% €4.30 Billion €4.30 Billion €- €105.90 Billion ▼ -14.1 pp
2002 18.1% €4.94 Billion €4.94 Billion €- €27.23 Billion ▲ +15.6 pp
2001 2.5% €6.35 Billion €6.35 Billion €- €250.04 Billion ▼ 0.0 pp
2000 2.6% €6.09 Billion €6.09 Billion €- €236.68 Billion
pp = percentage points