The company declared a quarterly dividend on its preferred shares and announced the redemption of all outstanding Series H preferred stock on December 15, 2026. This redemption follows the declaration of the dividend.
SAN news
Latest 9 stories · newest Nov 6, 2026
Santander Holdings USA, Inc. announced the redemption of all 5.4 million depositary shares for its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock Series I. The transaction, valued at $135 million, will be executed on Oct. 15, 2026, post-closing dividend payment.
Santander Holdings has agreed to contribute its interest in Webster Virginia to itself, transferring the unit into Santander Bank, National Association for regulatory compliance.
Santander received the final regulatory approval needed to acquire Webster, with the deal expected to close in August and generate significant earnings accretion and return on equity for Santander by 2028.
Santander Holdings USA issued its first quarter 2026 fixed income investor presentation on June 12, 2026, containing forward-looking statements about financial condition and business performance. The presentation includes non-GAAP financial metrics and disclaimers regarding risks and uncertainties t…
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