BME Spanish Markets: SAN

How many employees does Banco Santander have?

Banco Santander SA (SAN) has approximately 199,439 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Banco Santander’s total headcount has declined 3.7% from 207,148 employees in 2023 to 199,439 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is Banco Santander hiring right now?

Yes, Banco Santander is actively hiring. Banco Santander had 3,544 active job postings in 2026, a 7.3% increase from 2025 — see job openings & hiring trends.

About Banco Santander’s Workforce

Banco Santander SA (SAN) is a Financial Services company that employs 199,439 people worldwide as of June 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 3.7% from 2023 to 2026, down 1.8% year over year in 2026. It fell to a low of 199,439 in 2026 Q2 before recovering. Its workforce is concentrated most in South America (29.6%), followed by Southern Europe (25.4%) and Northern Europe (12.7%).

Banco Santander's functional groups are Finance and Operations (45.1%), Engineering (31.3%), and Sales and Marketing (23.6%). The average salary is $49,277, ranging from a median of $95,000 in North America to $14,000 in South America, down 0.5% year over year in 2026.

Banco Santander's active job postings rose 7.3% in 2026 to 3,544, with new postings per month cooling from 5,819 in 2023 to 3,618 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
199,439
YoY
-1.8% (-3,724)

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 Metrics

Banco Santander Annual Employee Count (2023-2026)

Interactive chart of Banco Santander annual worldwide employee count from 2023 to 2026.
  • Banco Santander had 199,439 employees in 2026, a 1.8% decline (-3,724) from 2025.
  • Banco Santander had 201,481 employees in 2025, a 0.8% decline (-1,684) from 2024.
  • Banco Santander had 203,165 employees in 2024, a 1.8% decline (-3,805) from 2023.
  • Banco Santander had 206,970 employees in 2023, a 1.1% increase (+2,234) from 2022.

Banco Santander's total workforce has declined from 207,148 employees in 2023 to 199,439 in 2026.

Banco Santander SA quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q2199,439-3,724-1.8%
2026Q1199,907-2,914-1.4%
2025Q4201,481-1,684-0.8%
2025Q3202,084-2,517-1.2%
2025Q2203,163-2,991-1.5%
2025Q1202,821-3,107-1.5%
2024Q4203,165-3,805-1.8%
2024Q3204,601-2,547-1.2%
2024Q2206,154-641-0.3%
2024Q1205,928+833+0.4%
2023Q4206,970+2,234+1.1%
2023Q3207,148+3,528+1.7%

See Banco Santander's complete headcount history, including quarterly breakdowns.

Get the Data

Banco 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

RegionEmployees% of Total
South America58,37629.6%
Southern Europe50,16325.4%
Northern Europe25,10412.7%
Central America and the Caribbean22,94911.6%
North America19,0749.7%
Eastern Europe14,3387.3%
Western Europe5,1482.6%
East Asia6500.3%
South Asia4580.2%
Sub-Saharan Africa3930.2%

Drill into city-level data, hiring trends by region, and historic geographic shifts.

Unlock Geographic Data

Banco Santander Employee Count by Department (2026)

Banco Santander's employee groups are Finance and Operations (45.1%), Engineering (31.3%), and Sales and Marketing (23.6%).

Banco Santander employees by department

DepartmentEmployees% of Total
Finance and Operations89,04745.1%
Engineering61,90331.3%
Sales and Marketing46,64923.6%

Compare Banco Santander's department mix to industry peers.

See Full Data

Banco Santander Employee Salary by Region (2026)

Banco Santander's average employee salary is $49,277 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)

RegionMedian Salary
North America$95,000
Western Europe$66,000
Northern Europe$63,000
East Asia$62,000
Pacific Islands$55,000
Southern Europe$48,000
Arab States$42,000
Eastern Europe$30,000
Central America and the Caribbean$20,000
Central and Western Asia$19,000
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 Data

Banco Santander Job Openings and Hiring Trends (2023-2026)

Interactive chart of Banco Santander annual active job postings from 2023 to 2026.
  • Banco Santander had 3,544 active job postings in 2026, a 7.3% increase (-172) from 2025.
  • Banco Santander had 3,716 active job postings in 2025, a 20.9% decline (-868) from 2024.
  • Banco Santander had 4,584 active job postings in 2024, a 33.0% decline (-1,813) from 2023.
  • Banco Santander had 6,397 active job postings in 2023, a 38.1% increase from 2022.
  • Hiring velocity in 2026: 3,618 new roles/month, down from 5,288 in 2025 and 5,761 in 2024.

Banco Santander's active job postings rose 7.3% in 2026 to 3,544, with new postings per month cooling from 5,819 in 2023 to 3,618 in 2026.

Track new postings per month, role-level demand, and hiring velocity vs. peers.

Unlock Hiring Data

Banco 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

NegativePositive

Unlock the full sentiment breakdown by department, tenure, and trend over time.

Unlock Sentiment

Similar Companies

Frequently Asked Questions About Banco Santander

How fast is Banco Santander growing?
In 2026, Banco Santander's headcount shrank 1.8% to 199,439 employees, down from 203,163 in 2025.
See the full headcount history
Where are Banco Santander employees located?
Most Banco Santander employees are based in South America (29.6% of headcount), followed by Southern Europe and Northern Europe.
Explore where the workforce is based
How many people work at Banco Santander in South America?
About 58,376 people work at Banco Santander in South America, its largest region.
See headcount by region
What is the average salary at Banco Santander?
The average employee salary at Banco Santander is approximately $49.3k per year.
Analyze the salary distribution
How many new job postings does Banco Santander open per year?
Through Q2 2026, Banco Santander opened 21,709 new job postings. In 2025, Banco Santander opened 63,455 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.

Book a Demo

See something that doesn't look right? Reach out and our team will review it.