How Does Santander Bank Make Money

how does santander bank make money

Spanish bank Santander has been around for a while now. It provides financial services to clients across the world. You are here because, like me, you have wondered; how does Santander bank make money?

Understanding how a bank makes money can be important to you as a customer, investor or business analyst.

You can use the information of how Santander bank makes money to make certain financial decisions.

This could include as to whether you want to open a bank account with them, for personal or business purposes.

You might also be looking at the financial performance of the bank to decide on how to invest in their stocks at the bourse where they are listed.

As you can see, your curiosity on how Santander bank make money might be driven by a number of reasons.

Knowing how Santander bank makes money is crucial when it comes to such decision, as well as just for general information purposes.

You can use the information in your conversations when you attend financial and business networking meetings.

As a person interested in financial information, than you are at the right place.

In this article, you will learn how Santander bank is making money today.

This is your guide into how this Spanish bank’s business model work in generating revenues across markets.

How Does Santander Bank Make Money?

Santander bank makes money primarily from retail banking which generates about 74% of the group’s profits.

In summary, the bank makes money from the following segments;

  1. Retail Banking
  2. Corporate Banking
  3. Investment Banking
  4. Insurance Services
  5. Asset Management
  6. Private Equity

With a customer base of over 100 million, Santander bank is able to generate and make a lot of money.

However, in the United Kingdom, the mortgage price wars among various mortgage providers in this market has hurt Santander’s business in this market.


Santander Bank is listed in a number of stock exchanges.

The bank’s balance sheet is strong. It has been able to produce positive results over the last few quarters.

Serving customers across the world, Santander bank has created value and been able to make money from it’s operations.

Among the bank’s subsidiaries are the Santander in UK and Santander in United States.

In the United States, Santander bank is based in Boston, and its principal market is the Northeast US.

Sovereign Bank became a wholly-owned subsidiary of Santander Bank.