BOSTON — August 20, 2026 — Santander Holdings USA, Inc. today announced the completion of its acquisition of Webster Financial Corporation, parent company of Webster Bank, N.A., marking a major expansion of Santander’s presence in the United States and strengthening its position across the Northeast.
The combination brings together two highly complementary banking businesses and creates a leading U.S. retail and commercial bank by assets. With the transaction now complete, Santander’s U.S. organization will serve nearly eight million customers nationwide and operate with significantly greater scale and capabilities.
Based on balances as of December 31, 2025, the combined organization has approximately $327 billion in assets, $185 billion in loans and $172 billion in deposits.
“This is a pivotal moment in Santander’s long journey in the United States that underscores our confidence in the strength and opportunity in the U.S. market,” said Christiana Riley, CEO of Santander US. “By bringing together Santander and Webster, we are combining two organizations with
