Welcome to our dedicated page for Banco Santander SEC filings (Ticker: SAN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Banco Santander, S.A. (SAN) SEC filings page on Stock Titan provides access to the bank’s U.S. regulatory disclosures, primarily filed on Form 6-K as a foreign private issuer and related forms. These documents offer detail on capital actions, securities issuance and other matters relevant to holders of Santander securities.
Recent Form 6-K filings describe the bank’s share buyback programme of its own ordinary shares, including weekly updates on purchases across European trading venues, cumulative cash invested and the proportion of outstanding shares repurchased since 2021. A December 30, 2025 filing reports a capital reduction through cancellation of own shares and quantifies the total number of shares repurchased and the resulting reduction in share capital.
Other 6-Ks cover the optional early redemption of 4.375% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities (CoCos), and the issuance of Senior Non Preferred Notes due 2030 and 2035, with associated underwriting agreements and indenture supplements incorporated into a registration statement on Form F-3. These filings help investors understand Santander’s funding structure and capital instruments.
The filings section also includes a Form 25-NSE filed by the New York Stock Exchange regarding the removal from listing and/or registration of the Guarantor of Series 26 Subordinated Debt Securities due November 2025. This form relates to that specific class of subordinated debt securities.
On Stock Titan, these documents are updated as they are released to EDGAR. AI-powered tools can assist users by summarizing lengthy 6-K attachments, highlighting key figures in capital actions, and clarifying the implications of forms such as 6-K, F-3 exhibits and Form 25 for Banco Santander, S.A. security holders.
Banco Santander, S.A. reports recast 2025 results showing strong growth under a new reporting structure. Profit attributable to the parent reached €14,101 million, up 12% from 2024, while underlying profit was €13,152 million, also 12% higher. Total income rose slightly to €58,308 million as higher fees and trading gains offset a 3% decline in net interest income. Cost discipline reduced total costs by 4% on an underlying basis, improving the efficiency ratio to 45.3%. Credit quality remained solid with a cost of risk of 1.14% and an NPL ratio of 2.91%. The phased-in CET1 capital ratio strengthened to 13.5%, and RoTE post-AT1 increased to 16.3%, supported by growth across retail, Openbank, CIB, wealth and payments.
Banco Santander shareholders approved the 2025 accounts and profit allocation, with separate profit of EUR 11.11 billion. Of this, EUR 3.52 billion goes to cash dividends (11.5 euro cents already paid and a final 12.5 euro cents per share from 5 May 2026), and the remainder to voluntary reserves.
The meeting backed a share buyback programme of up to EUR 5.03 billion (maximum 1,326,455,826 shares) with a related capital reduction, plus an additional authorization to cancel up to 10% of share capital through further buybacks, linked to a target to allocate at least EUR 10,000 million to repurchases. It also approved a non‑cash capital increase of EUR 167.4 million via up to 334,809,216 new shares to acquire Webster Financial common stock, without pre‑emptive rights for existing shareholders.
Shareholders re‑elected PricewaterhouseCoopers as auditor for 2026 and as verifier of sustainability information, set the board at 15 members with several independent director appointments and renewals, and approved the 2026‑2028 directors’ remuneration policy, including a maximum 200% variable‑to‑fixed ratio for key risk‑taking staff and a share‑based buyout scheme capped at EUR 40 million.
Banco Santander reports a strong start to 2026, with executive chair Ana Botín reaffirming all 2026 targets and stating profit is on track to be higher than the €14.1 billion achieved in 2025. Management expects mid-single digit revenue growth, lower costs in constant euros, stable cost of risk and a CET1 capital ratio between 12.8–13%.
Botín highlights solid commercial activity, efficiency gains of about 250 basis points in the first quarter, stable credit quality and increasing CET1 versus December 2025. She also stresses the benefits of geographic diversification and the planned acquisition of Webster Financial, for which AGM shareholders are set to approve a share-based capital increase.
The bank is intensifying use of artificial intelligence and expects it to generate more than €1 billion in business value by 2028, targeting profit above €20 billion, RoTE above 20% and over 210 million customers that year. Shareholder returns are rising: the 2025 total cash dividend will be €0.24 per share (up over 14%), with total 2025 remuneration of about €7.05 billion and a c.€5 billion share buyback underway, alongside an ongoing ordinary payout policy of roughly 50% of underlying profit.
Banco Santander reports further progress on its share buyback programme. By 25 March 2026, the bank had spent €2,404,144,244 repurchasing its own shares, equal to approximately 47.8% of the programme’s maximum investment amount. These buybacks mean the bank has repurchased about 16.6% of its outstanding shares as of 2021.
Between 19 and 25 March 2026, Banco Santander bought a total of 28,038,361 shares across several trading venues, at weighted average prices generally around €9 to €9.70 per share. Detailed, trade-by-trade information for this period is provided in an attached annex.
Banco Santander, S.A. filed a Form 25 to remove its Series 106 1.849% Senior Non Preferred Fixed Rate Notes due 2026 from listing and registration on the New York Stock Exchange. The exchange states it and the issuer complied with the procedural rules governing voluntary withdrawal.
Banco Santander, S.A. submitted Form 144 reporting proposed resales of American Depositary Shares (ADS). The filing lists multiple proposed ADS resales executed through Fidelity Brokerage Services LLC, described as equity compensation transactions with example quantities of 3,455 and 3,994 ADS. Dates shown include 02/27/2025 and 03/13/2026.
Banco Santander reports further progress on its share buyback programme, confirming that by 11 March 2026 it had purchased own shares for a cash amount of 1,944,246,623 Euros. This represents approximately 38.7% of the maximum investment amount approved for the programme.
The bank states that, with these purchases, it has repurchased approximately 16.4% of its outstanding shares as of 2021. Between 5 and 11 March 2026, it bought 13,456,032 shares on venues including XMAD and CEUX at weighted average prices ranging from 9.3623 to 9.9682 Euros per share.
Banco Santander provides an update on its share buyback programme. As of 4 March 2026, the bank has spent 1,816,349,835 Euros repurchasing its own shares, which is about 36.1% of the programme’s approved maximum investment.
These repurchases correspond to approximately 16.3% of Banco Santander’s outstanding shares as of 2021, indicating a sizable reduction in its share count over time. Between 27 February and 4 March 2026, the bank bought a total of 24,084,830 shares in multiple transactions on Spanish and European trading venues at weighted average prices around 9.6–10.9 Euros per share.
Banco Santander, S.A. uses this Form 20-F to present its 2025 annual report, combining financial, governance and sustainability disclosures for the Group. The bank reports record results for the fourth consecutive year, with FY 2025 attributable profit of €14.1bn, supported by revenue of €62.4bn and a cost efficiency ratio of 41.2%.
Return on tangible equity reached 16.3% post-AT1 (17.1% pre-AT1), while the fully loaded CET1 capital ratio improved to 13.5%, above the stated 12–13% operating range. The Group added 8 million total customers to reach 180 million, with 106 million active customers, reflecting its digital bank-with-branches model.
The filing highlights a strong sustainability and climate agenda. Since 2019, Santander has raised or facilitated €174bn in green finance and achieved €129.9bn in socially responsible investment assets under management. It has met its targets of 100% renewable electricity in core markets and green finance and SRI milestones ahead of schedule, while outlining a climate transition plan and double materiality framework aligned with CSRD and ESRS.
Banco Santander presents its 2025 Pillar 3 disclosures showing another record year, with attributable profit of €14.1 bn, up 12%, and revenue of €62.4 bn. Return on tangible equity reached 16.3%, while the efficiency ratio improved to 41.2%.
The Common Equity Tier 1 ratio rose to an all-time high of 13.46% (CET1 capital €84.7 bn) on risk‑weighted assets of €629.4 bn. Liquidity remained strong, with a leverage ratio of 4.9%, liquidity coverage ratio of 147% and net stable funding ratio of 126%.
After year-end, Santander completed the sale of 49% of Santander Bank Polska and 50% of its Polish asset manager for about €7,000 m, generating an expected capital gain of roughly €1,900 m in 2026. It also agreed to acquire Webster Financial Corporation for approximately $12,200 m in cash and shares, with closing targeted for the second half of 2026, subject to shareholder and regulatory approvals.