• Banco Santander, S.A average pre-tax profit margin for 2024 was 14.06%, a 10.22% increase from 2023.
• Banco Santander, S.A average pre-tax profit margin for 2023 was 15.66%, a 33.62% decline from 2022.
• Banco Santander, S.A average pre-tax profit margin for 2022 was 23.59%, a 27.15% decline from 2021.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.