How many employees work at Banco Santander?
Banco Santander SA (SAN) has approximately 199,873 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Banco Santander’s total headcount has declined 3.4% from 206,910 employees in 2023 to 199,873 in 2026.
Is Banco Santander hiring right now?
Yes, Banco Santander is actively hiring. Banco Santander had 3,691 active job postings in 2026, a 27.6% decline from 2025 — see job openings & hiring trends.
About Banco Santander’s Workforce
Banco Santander SA (SAN) is a Financial Services company that employs 199,873 people worldwide as of March 2026. It is the 3rd-largest by headcount among its peers. Founded in 1857, the company is headquartered in Madrid, Spain and trades on the BME Spanish Markets.
Banco Santander's workforce has declined 3.4% from 2023 to 2026, down 2.0% year over year in 2026. It fell to a low of 199,873 in 2026 Q1 before recovering. Its workforce is concentrated most in South America (29.8%), followed by Southern Europe (25.1%) and Northern Europe (12.7%).
Banco Santander's functional groups are Finance and Operations (45.1%), Engineering (31.2%), and Sales and Marketing (23.6%). The average salary is $49,243, ranging from a median of $95,000 in North America to $14,000 in South America, down 0.7% year over year in 2026.
Banco Santander's active job postings fell 27.6% in 2026 to 3,691, with new postings per month cooling from 5,459 in 2023 to 3,387 in 2026. Overall employee sentiment is neutral but declining.
Sourced from Revelio Labs workforce data.
- Ticker
- BME Spanish Markets: SAN
- Headquarters
- Madrid, Spain
- Founded
- 1857
- Industry
- Financial Services
- Employees
- 199,873
- YoY
- -2.0% (-3,003)
As of March 2026
Banco Santander workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Banco Santander. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsBanco Santander Annual Employee Count (2023-2026)
- Banco Santander had 199,873 employees in 2026, a 2.0% decline (-3,003) from 2025.
- Banco Santander had 201,333 employees in 2025, a 1.6% decline (-1,884) from 2024.
- Banco Santander had 203,217 employees in 2024, a 1.8% decline (-3,915) from 2023.
- Banco Santander had 207,132 employees in 2023, a 0.4% decline (+2,336) from 2022.
Banco Santander's total workforce has declined from 206,910 employees in 2023 to 199,873 in 2026.
Banco Santander SA quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 199,873 | -3,003 | -2.0% |
| 2025 | Q4 | 201,333 | -1,884 | -1.6% |
| 2025 | Q3 | 201,976 | -2,663 | -1.7% |
| 2025 | Q2 | 203,130 | -3,092 | -1.7% |
| 2025 | Q1 | 202,876 | -3,138 | -1.7% |
| 2024 | Q4 | 203,217 | -3,915 | -1.8% |
| 2024 | Q3 | 204,639 | -2,669 | -1.5% |
| 2024 | Q2 | 206,222 | -688 | -1.2% |
| 2024 | Q1 | 206,014 | +823 | -0.9% |
| 2023 | Q4 | 207,132 | +2,336 | -0.4% |
| 2023 | Q3 | 207,308 | +3,586 | -0.0% |
| 2023 | Q2 | 206,910 | +3,420 | +0.3% |
See Banco Santander's complete headcount history, including quarterly breakdowns.
Get the DataBanco Santander Employee Count by Region (2026)
South America accounts for the largest share of Banco Santander's global workforce with approximately 30% of total employees, followed by Southern Europe and Northern Europe.
Banco Santander employees by region
| Region | Employees | % of Total |
|---|---|---|
| South America | 58,950 | 29.8% |
| Southern Europe | 49,688 | 25.1% |
| Northern Europe | 25,077 | 12.7% |
| Central America and the Caribbean | 23,169 | 11.7% |
| North America | 19,009 | 9.6% |
| Eastern Europe | 14,392 | 7.3% |
| Western Europe | 5,176 | 2.6% |
| East Asia | 676 | 0.3% |
| South Asia | 453 | 0.2% |
| Sub-Saharan Africa | 396 | 0.2% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataBanco Santander Employee Count by Department (2026)
Banco Santander's employee groups are Finance and Operations (45.1%), Engineering (31.2%), and Sales and Marketing (23.6%).
Banco Santander employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 89,346 | 45.1% |
| Engineering | 61,829 | 31.2% |
| Sales and Marketing | 46,748 | 23.6% |
Compare Banco Santander's department mix to industry peers.
See Full DataBanco Santander Employee Salary by Region (2026)
Banco Santander's average employee salary is $49,243 globally. Employees in North America receive the highest compensation, with median pay approximately 1.9x the global average. Pay is lowest in South America, at a median of $14,000.
Banco Santander median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $95,000 |
| Western Europe | $66,000 |
| Northern Europe | $64,000 |
| East Asia | $57,000 |
| Pacific Islands | $52,000 |
| Southern Europe | $48,000 |
| Arab States | $44,000 |
| Eastern Europe | $30,000 |
| Central America and the Caribbean | $20,000 |
| Central and Western Asia | $17,000 |
| Southeast Asia | $16,000 |
| South America | $14,000 |
| North Africa | $11,000 |
| Sub-Saharan Africa | $9,000 |
| South Asia | $7,000 |
Unlock salary by role, level, and city — and compare to Banco Santander's industry peers.
Unlock Salary DataBanco Santander Job Openings and Hiring Trends (2023-2026)
- Banco Santander had 3,691 active job postings in 2026, a 27.6% decline (-24) from 2025.
- Banco Santander had 3,715 active job postings in 2025, a 20.9% decline (-866) from 2024.
- Banco Santander had 4,581 active job postings in 2024, a 33.1% decline (-1,816) from 2023.
- Banco Santander had 6,397 active job postings in 2023, a 38.1% increase from 2022.
- Hiring velocity in 2026: 3,387 new roles/month, down from 5,288 in 2025 and 5,759 in 2024.
Banco Santander's hiring is slowing: active job postings fell 27.6% in 2026 to 3,691, with new postings per month cooling from 5,459 in 2023 to 3,387 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataBanco Santander Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Banco Santander's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Banco Santander
- How fast is Banco Santander growing?
- In 2026, Banco Santander's headcount shrank 2.0% to 199,873 employees, down from 202,876 in 2025.
- See the full headcount history
- Where are Banco Santander employees located?
- Most Banco Santander employees are based in South America (29.8% of headcount), followed by Southern Europe and Northern Europe.
- Explore where the workforce is based
- What is the average salary at Banco Santander?
- The average employee salary at Banco Santander is approximately $49.2k per year.
- Analyze the salary distribution
- How many new job postings does Banco Santander open per year?
- In Q1 2026, Banco Santander opened 10,160 new job postings. In 2025, Banco Santander opened 63,450 new job postings — about 5,288 per month.
- Track hiring trends by role
- When was Banco Santander founded and where is it headquartered?
- Banco Santander was founded in 1857 and is headquartered in Madrid, Spain.
- Compare Banco Santander to industry peers
Speak with a workforce expert about Banco Santander.
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