Santander Bank, N.A.: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Net interest margin climbed 0.53 percentage points in Q2 2026, from 2.89% to 3.42%. It was the largest change from Q1 2026 among the key lines here. Within Delaware, Santander Bank, N.A. is 13th of 17 on net interest margin, 3.42% as of Q2 2026, below the middle of the field. The median for banks in the $100B-250B asset tier is 3.43% on net interest margin; Santander Bank, N.A. reported 3.42% for Q2 2026, nearly level with it.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.50% |
| Yield on loans | — |
| Yield on securities | — |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.05% |
| Cost of interest-bearing deposits | 2.64% |
| Cost of interest-bearing liabilities | 2.80% |
| Cost of borrowings | 5.91% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 3.42% |
| Yield to cost spread | 2.70% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $967.1M |
| Total interest expense | $494.9M |
| Interest expense on deposits | $418.1M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin |
|---|---|---|---|
| Q3 2023 | 5.06% | 2.32% | 2.59% |
| Q4 2023 | 5.19% | 2.57% | 2.46% |
| Q1 2024 | 5.24% | 2.68% | 2.34% |
| Q2 2024 | 5.38% | 2.76% | 2.36% |
| Q3 2024 | 5.37% | 2.76% | 2.34% |
| Q4 2024 | 5.28% | 2.70% | 2.35% |
| Q1 2025 | 5.13% | 2.45% | 2.48% |
| Q2 2025 | 5.19% | 2.38% | 2.68% |
| Q3 2025 | 5.38% | 2.31% | 3.01% |
| Q4 2025 | 6.27% | 2.71% | 3.57% |
| Q1 2026 | 5.03% | 2.11% | 2.89% |
| Q2 2026 | 5.50% | 2.05% | 3.42% |
Santander Bank, N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Santander Bank, N.A., freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Santander Bank, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 29950) · FFIEC NIC profile (RSSD 722777)