<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Hazell David Arthur -->
          <cik>0002069917</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000891478</issuerCik>
      <issuerName>Banco Santander, S.A.</issuerName>
      <secFileNumber>001-12518</secFileNumber>
      <issuerAddress>
        <com:street1>Ciudad Grupo Santander</com:street1>
        <com:street2>Boadilla del Monte</com:street2>
        <com:city>Madrid</com:city>
        <com:stateOrCountry>U3</com:stateOrCountry>
        <com:zipCode>28660</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>34-91-276-92-90</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>David Hazell</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Chief Compliance Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>PO Box 28019</com:street1>
          <com:city>Albuquerque</com:city>
          <com:stateOrCountry>NM</com:stateOrCountry>
          <com:zipCode>87125-8019</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3455</noOfUnitsSold>
      <aggregateMarketValue>39283.35</aggregateMarketValue>
      <noOfUnitsOutstanding>14689319502</noOfUnitsOutstanding>
      <approxSaleDate>03/13/2026</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>PO Box 28019</com:street1>
          <com:city>Albuquerque</com:city>
          <com:stateOrCountry>NM</com:stateOrCountry>
          <com:zipCode>87125-8019</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3994</noOfUnitsSold>
      <aggregateMarketValue>45411.78</aggregateMarketValue>
      <noOfUnitsOutstanding>14689319502</noOfUnitsOutstanding>
      <approxSaleDate>03/13/2026</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>PO Box 28019</com:street1>
          <com:city>Albuquerque</com:city>
          <com:stateOrCountry>NM</com:stateOrCountry>
          <com:zipCode>87125-8019</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>5089</noOfUnitsSold>
      <aggregateMarketValue>57861.93</aggregateMarketValue>
      <noOfUnitsOutstanding>14689319502</noOfUnitsOutstanding>
      <approxSaleDate>03/13/2026</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each</securitiesClassTitle>
      <acquiredDate>02/27/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Equity compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3455</amountOfSecuritiesAcquired>
      <paymentDate>02/27/2025</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each</securitiesClassTitle>
      <acquiredDate>02/27/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Equity compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3994</amountOfSecuritiesAcquired>
      <paymentDate>02/27/2025</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each</securitiesClassTitle>
      <acquiredDate>02/27/2025</acquiredDate>
      <natureOfAcquisitionTransaction>Equity compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5089</amountOfSecuritiesAcquired>
      <paymentDate>02/27/2025</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>03/13/2026</noticeDate>
      <signature>/s/ David Hazell</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
