Banco Santander finalized its acquisition of Webster Financial Corporation on August 20, 2026. The deal establishes a leading retail and commercial banking presence in the Northeast United States.
Santander executed a €3.56 billion capital increase to finance the transaction. The bank issued approximately 330 million new shares for admission to Spanish and international exchanges.
This expansion supports Santander's strategic goal of reaching an 18% return on tangible equity in the U.S. by 2028.