Summary
Banks in Spain industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Spanish banking industry recorded assets of $3,868.2 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019 and 2024.
- The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $1,669.3 billion, equivalent to 43.2% of the industry's overall value.
- The Spanish banking industry grew by 11.8% in 2024, primarily driven by the rise in consumer credit, as individuals increasingly relied on loans for housing, education, and personal consumption. The growth in consumer credit expanded banks’ loan portfolios and strengthened their overall asset base. According to the Bank of Spain, consumer credit in Spain rose by 1.1% in Q4 2024 compared to Q4 2023, contributing significantly to the increase in total commercial bank assets.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the banks market in Spain
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Spain
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Spain banks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Spain banks market by value in 2024?
- What will be the size of the Spain banks market in 2029?
- What factors are affecting the strength of competition in the Spain banks market?
- How has the market performed over the last five years?
- How large is Spain’s banks market in relation to its regional counterparts?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. Bankinter SA
8.2. Banco Santander SA
8.3. BBVA
8.4. CaixaBank SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Spain banks industry value: $ billion, 2019-24
Table 2: Spain banks industry category segmentation: % share, by value, 2019-24
Table 3: Spain banks industry category segmentation: $ billion, 2019-24
Table 4: Spain banks industry geography segmentation: $ billion, 2024
Table 5: Spain banks industry value forecast: $ billion, 2024-29
Table 6: Spain banks industry share: % share, by value, 2024
Table 7: Bankinter SA: Key Facts
Table 8: Bankinter SA: Annual Financial Ratios
Table 9: Bankinter SA: Key Employees
Table 10: Banco Santander SA: Key Facts
Table 11: Banco Santander SA: Annual Financial Ratios
Table 12: Banco Santander SA: Key Employees
Table 13: Banco Santander SA: Key Employees Continued
Table 14: BBVA: Key Facts
Table 15: BBVA: Annual Financial Ratios
Table 16: BBVA: Key Employees
Table 17: BBVA: Key Employees Continued
Table 18: CaixaBank SA: Key Facts
Table 19: CaixaBank SA: Annual Financial Ratios
Table 20: CaixaBank SA: Key Employees
Table 21: CaixaBank SA: Key Employees Continued
Table 22: Spain Size of Population (Million), 2020-24
Table 23: Spain Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: Spain GDP (Current Prices, $ Billion), 2020-24
Table 25: Spain Inflation, 2020-24
Table 26: Spain Consumer Price Index (Absolute), 2020-24
Table 27: Spain Exchange Rate, 2019-24
List of Figures
Figure 1: Spain banks industry value: $ billion, 2019-24
Figure 2: Spain banks industry category segmentation: $ billion, 2019-24
Figure 3: Spain banks industry geography segmentation: % share, by value, 2024
Figure 4: Spain banks industry value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the banks industry in Spain, 2024
Figure 6: Drivers of buyer power in the banks industry in Spain, 2024
Figure 7: Drivers of supplier power in the banks industry in Spain, 2024
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Spain, 2024
Figure 9: Factors influencing the threat of substitutes in the banks industry in Spain, 2024
Figure 10: Drivers of degree of rivalry in the banks industry in Spain, 2024
Figure 11: Spain banks industry share: % share, by value, 2024