Banco Santander S.A. reports news as a global retail and commercial banking group whose ADR trades under SAN. Recurring updates cover operating and financial results, shareholder remuneration, capital actions, governance matters, and segment activity across its banking franchise.
Company news also reflects Santander US businesses, including auto finance, retail banking, commercial banking tools for international expansion, Openbank digital banking, Federal Reserve capital requirements, customer research, and education, employability, and entrepreneurship initiatives tied to Santander Universities and Open Academy.
Santander Holdings USA will redeem all outstanding Series H depositary shares (SNUS PF H) on December 15, 2026. The redemption covers 6,000,000 depositary shares representing 6,000 preferred shares, at $25.00 per depositary share. A separate quarterly dividend of $0.328125 per depositary share ($328.125 per preferred share) is payable the same day to shareholders of record on November 30, 2026.
Santander US, a subsidiary of Banco Santander (NYSE: SAN), released survey findings showing middle-income households face savings choices and vehicle affordability pressures.
In its Q3 2026 survey, 52% of householders were not earning at least 3.00% on savings, while 88% called inflation a major concern. Although 75% understood how Federal Reserve decisions affect savings rates, 65% actively followed their impact on savings accounts.
Nine in 10 wanted to manage most banking tasks digitally while retaining access to branch staff. For transportation, 77% relied on a vehicle to get to work, and 67% had cut discretionary spending in the past three months to cover vehicle costs. Among recent buyers, 73% switched brands to find the right price and 70% bought a smaller or less expensive vehicle. More than 80% of prospective buyers were considering a used vehicle.
Santander Bank, a subsidiary of Banco Santander (SAN), opened its flagship Work Café on Madison Avenue in Midtown Manhattan this week.
The 5,480-square-foot location at 437 Madison Avenue spans two levels, combining banking services with coworking and meeting areas, a coffee bar and community gathering spaces. It is Santander’s third Work Café in the United States, following Brooklyn and Coconut Grove in Miami. The location also houses Santander’s New York hub office and forms part of its broader investment in its Northeast branch network.
Santander Bank, a Banco Santander (SAN) subsidiary, partnered with the Miami Dolphins and Hard Rock Stadium for the 2026 NFL season. The agreement gives the bank in-stadium branding, digital marquee visibility near the stadium, and hospitality opportunities for clients and colleagues.
The Santander Red Zone will appear on stadium videoboards and displays during Dolphins home games when the offense crosses its opponent’s 20-yard line. The partnership adds to Santander’s South Florida presence, which includes a Miami Openbank location and a Santander Work Café in Coconut Grove. Santander also broke ground earlier in 2026 on a 50-story mixed-use development in Miami.
Santander Holdings USA (SAN) will redeem all Series I preferred-related depositary shares on October 15, 2026 at $25 per Depositary Share.
The redemption covers 135,000 shares of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I and 5,400,000 NYSE: SNUS PF I depositary shares, each representing a 1/40th interest in a preferred share. The regular quarterly dividend has been declared and will be paid separately on October 15, 2026 to holders of record as of September 30, 2026. The book-entry Depositary Shares held through DTC will be redeemed under DTC procedures, with payment to DTC made by Broadridge Corporate Issuer Solutions as redemption agent.
Santander (NYSE: SAN), through Santander Holdings USA, has completed the acquisition of Webster Financial, parent of Webster Bank, after receiving required shareholder and regulatory approvals and satisfying customary closing conditions. The deal combines two complementary U.S. retail and commercial banks, expanding Santander’s presence in the Northeast.
The combined U.S. organization will serve nearly 8 million customers and, on a pro forma basis as of December 31, 2025, has about $327 billion in assets, $185 billion in loans and $172 billion in deposits. Santander aims to achieve around 18% RoTE in the U.S. by 2028. Most day‑to‑day banking for Santander Bank and Webster Bank customers remains unchanged, while customers gain fee‑free access to both banks’ ATMs in the United States.
Post‑closing, Christiana Riley remains country head U.S. and CEO of Santander US; former Webster CEO John Ciulla becomes CEO of Santander Bank, and former Webster President and COO Luis Massiani becomes COO of Santander US and Santander Bank. Webster’s former Stamford, Connecticut, headquarters becomes a U.S. corporate hub for Santander alongside Boston, New York, Miami and Dallas.
S&P Dow Jones Indices announced upcoming changes to the S&P 500 and S&P MidCap 400. Effective prior to trading on August 18, 2026, Reddit (NYSE: RDDT) will be added to the S&P 500, replacing AvalonBay Communities (NYSE: AVB), which is being acquired by S&P 500 constituent Equity Residential (NYSE: EQR).
After that merger closes, the combined company will be renamed Vivmark Residential (NYSE: VMRK) and will remain in the S&P 500. Effective prior to trading on August 20, 2026, Sun Communities (NYSE: SUI) will join the S&P MidCap 400, replacing Webster Financial (NYSE: WBS), which is being acquired by Banco Santander (NYSE: SAN). The table specifies each change’s index, ticker and GICS sector.
Banco Santander (NYSE: SAN), through Santander US, released its Q2 2026 Paths to Financial Prosperity survey of 2,199 middle-income Americans, highlighting that consumers strongly value in-person support for major financial choices alongside digital tools. According to Santander US, 89% want to handle most banking tasks digitally while retaining access to branches for complex issues and personalized guidance, and 83% would have more confidence in a digital banking provider that also has physical branches.
The study also found auto dealerships remain central to vehicle purchases, with about two-thirds of prospective buyers preferring to buy through dealerships and 84% willing to consider used vehicles amid affordability pressures. Despite inflation, 76% of respondents feel on the right track financially and 83% believe they will manage rising costs, often by cutting discretionary spending and using tax refunds to support savings or daily expenses.
Santander (NYSE:SAN), via its Q1 2026 Paths to Financial Prosperity study, reports resilient middle-income consumers prioritizing vehicle access, affordability and flexibility.
Key findings include entrenched used-car demand, strong interest in fuel-efficient vehicles, growing acceptance of practical AI for finances, and housing choices driven more by monthly affordability than ownership.
Santander Bank (NYSE: SAN) survey finds 76% of Americans list saving more as their top 2026 financial goal and 88% of those expecting a tax refund plan to save at least part of it. The survey shows 58% will place refunds in low‑yield accounts while only 27% will use higher‑yield options.
For a saver with a median balance of $8,000, adding an average refund to a 3.50% APY account could yield about $1,500 over three years versus roughly $165 in a traditional account. Openbank by Santander advertises a 4.00% APY (as of April 15, 2026). Santander Bank reports $102 billion in assets as of Dec 31, 2024.