Banco Santander SA ADR (SAN) — Tangible Net Worth Ratio
Banco Santander SA ADR (SAN) has a Tangible Net Worth Ratio of 95.1% as of June 2026. This metric is calculated by deducting intangible assets ($5.63 Billion) from net assets ($115.85 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Banco Santander SA ADR annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Banco Santander SA ADR Tangible Net Worth Ratio (1991–2025)
This chart shows how Banco Santander SA ADR's Tangible Net Worth Ratio has changed across 35 annual periods from 1991 to 2025. As of June 2026, the ratio stands at 95.1%, reflecting net assets of $115.85 Billion with intangible assets of $5.63 Billion USD. For live market cap and overall valuation, see market cap of Banco Santander SA ADR.
Annual Tangible Net Worth Ratio for Banco Santander SA ADR (1991–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Banco Santander SA ADR from 1991 to 2025, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore reinvestment intensity of Banco Santander SA ADR to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.3% | $112.75 Billion | $5.35 Billion | $1.87 Trillion | ▲ +0.7 pp |
| 2024 | 94.6% | $107.33 Billion | $5.82 Billion | $1.84 Trillion | ▲ +0.2 pp |
| 2023 | 94.4% | $104.24 Billion | $5.85 Billion | $1.80 Trillion | ▼ -0.6 pp |
| 2022 | 95.0% | $97.58 Billion | $4.90 Billion | $1.73 Trillion | ▼ -1.0 pp |
| 2021 | 96.0% | $97.05 Billion | $3.87 Billion | $1.60 Trillion | ▼ -0.2 pp |
| 2020 | 96.2% | $91.32 Billion | $3.44 Billion | $1.51 Trillion | ▼ -0.7 pp |
| 2019 | 96.9% | $110.66 Billion | $3.44 Billion | $1.52 Trillion | ▼ -0.2 pp |
| 2018 | 97.1% | $107.36 Billion | $3.09 Billion | $1.46 Trillion | ▼ -0.2 pp |
| 2017 | 97.3% | $106.83 Billion | $2.91 Billion | $1.44 Trillion | ▼ -0.1 pp |
| 2016 | 97.4% | $102.70 Billion | $2.70 Billion | $1.34 Trillion | ▼ -0.1 pp |
| 2015 | 97.5% | $98.75 Billion | $2.47 Billion | $1.34 Trillion | ▲ +0.7 pp |
| 2014 | 96.8% | $89.71 Billion | $2.85 Billion | $1.27 Trillion | ▲ +0.5 pp |
| 2013 | 96.3% | $79.64 Billion | $2.96 Billion | $1.12 Trillion | ▲ +0.5 pp |
| 2012 | 95.8% | $81.21 Billion | $3.44 Billion | $1.27 Trillion | ▼ -0.5 pp |
| 2011 | 96.3% | $80.81 Billion | $2.99 Billion | $1.25 Trillion | ▲ +0.5 pp |
| 2010 | 95.7% | $80.92 Billion | $3.44 Billion | $1.22 Trillion | ▼ -0.5 pp |
| 2009 | 96.2% | $73.87 Billion | $2.78 Billion | $1.11 Trillion | ▼ -0.8 pp |
| 2008 | 97.0% | $60.00 Billion | $1.79 Billion | $1.05 Trillion | ▲ +0.8 pp |
| 2007 | 96.2% | $57.56 Billion | $2.20 Billion | $912.91 Billion | ▲ +0.3 pp |
| 2006 | 95.9% | $53.92 Billion | $2.21 Billion | $808.49 Billion | ▲ +44.5 pp |
| 2005 | 51.4% | $39.52 Billion | $19.22 Billion | $808.49 Billion | ▼ -47.5 pp |
| 2004 | 98.9% | $36.50 Billion | $412.73 Million | $664.49 Billion | ▲ +8.2 pp |
| 2003 | 90.7% | $105.90 Billion | $9.90 Billion | $351.18 Billion | ▲ +7.7 pp |
| 2002 | 82.9% | $27.23 Billion | $4.65 Billion | $324.50 Billion | ▲ +1.4 pp |
| 2001 | 81.6% | $30.33 Billion | $5.59 Billion | $358.76 Billion | ▲ +1.8 pp |
| 2000 | 79.8% | $29.30 Billion | $5.93 Billion | $349.90 Billion | ▼ -5.6 pp |
| 1999 | 85.4% | $16.73 Billion | $2.44 Billion | $256.83 Billion | ▼ -6.1 pp |
| 1998 | 91.5% | $15.78 Billion | $1.35 Billion | $235.72 Billion | ▼ -8.5 pp |
| 1997 | 100.0% | $7.91 Billion | $0.00 | $155.77 Billion | ▲ +56.3 pp |
| 1996 | 43.7% | $5.92 Billion | $3.33 Billion | $120.48 Billion | ▼ -2.3 pp |
| 1995 | 46.0% | $6.02 Billion | $3.25 Billion | $105.48 Billion | ▲ +8.2 pp |
| 1994 | 37.8% | $5.44 Billion | $3.39 Billion | $93.18 Billion | ▲ +385.6 pp |
| 1993 | -347.8% | $3.60 Billion | $16.11 Billion | $65.51 Billion | ▼ -428.9 pp |
| 1992 | 81.1% | $2.88 Billion | $543.78 Million | $50.82 Billion | ▼ -18.9 pp |
| 1991 | 100.0% | $2.52 Billion | $0.00 | $45.07 Billion | — |