• Banco Santander, S.A average return on equity for 2023 was 9.86, a 4.23% increase from 2022.
• Banco Santander, S.A average return on equity for 2022 was 9.46, a 18.7% increase from 2021.
• Banco Santander, S.A average return on equity for 2021 was 7.97, a 103.32% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.