v3.26.1
Shareholder remuneration system and earnings per share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings per share [abstract]  
Schedule of shareholder remuneration
The cash remuneration paid by Banco Santander to its shareholders in the first six months of 2026 and 2025 was as follows:

30-06-202630-06-2025
% of par
value
Euros per
share
Amount
(EUR million)
% of par
value
Euros per
share
Amount
(EUR million)
Ordinary shares25.00 %0.125 1,80122.00%0.110 1,643 
Other shares (without vote, redeemable, etc.)— — — — 
Total remuneration paid25.00 %0.125 1,80122.00%0.110 1,643 
Dividend paid out of profit25.00 %0.125 1,80122.00%0.110 1,643 
Dividend paid with a charge to reserves or share premium— — — — 
Dividend in kind— — — — 
Flexible payment— — — 
Schedule of basic and diluted earnings per share
Basic earnings per share for the period are calculated by dividing the net profit attributable to Grupo Santander for the first six months adjusted by the after-tax amount relating to the remuneration of contingently convertible preference shares and contingently convertible perpetual obligations recognised in equity by the weighted average number of ordinary shares outstanding during the period, excluding the average number of treasury shares held in the period.
Accordingly:
30-06-2026
30-06-2025
Profit attributable to the Parent (EUR million)8,973 6,833 
Remuneration of contingently convertible preferred securities (CCPS) (EUR million)(318)(310)
8,655 6,523 
Of which:
Profit or Loss from discontinued operations (non controlling interest net) (EUR million)1,895 454 
Profit or Loss from continuing operations (CCPS net) (EUR million)6,760 6,069 
Weighted average number of shares outstanding14,458,003,078 14,995,834,683 
Basic earnings per share (euros)0.60 0.43 
Of which: from discontinued operations (euros)0.13 0.03 
                  from continuing operations (euros)0.47 0.40 

ii. Diluted earnings per share
Diluted earnings per share for the period are calculated by dividing the net profit attributable to Grupo Santander for the first six months adjusted by the after-tax amount relating to the remuneration of contingently convertible preference shares recognised in equity and of perpetual liabilities contingently amortisable in their case by the weighted average number of ordinary shares outstanding during the period, excluding the average number of treasury shares and adjusted for all the dilutive effects inherent to potential ordinary shares (share options, warrants and convertible debt instruments).
Accordingly, diluted earnings per share were determined as follows:
30-06-2026
30-06-2025
Profit attributable to the Parent (EUR million)8,9736,833 
Remuneration of contingently convertible preferred securities (CCPS) (EUR million)(318)(310)
8,655 6,523 
Of which:
Profit or Loss from discontinued operations (non controlling interest net) (EUR million)1,895 454 
Profit or Loss from continuing operations (CCPS net) (EUR million)6,760 6,069 
Weighted average number of shares outstanding14,458,003,078 14,995,834,683 
Dilutive effect of options/receipt of shares82,062,704 81,043,722 
Adjusted number of shares14,540,065,782 15,076,878,405 
Diluted earnings per share (euros)0.60 0.43 
Of which: from discontinued operations (euros)0.13 0.03 
                  from continuing operations (euros)0.47 0.40