WEBSTER FINANCIAL CORP 8K

Santander obtained final Federal Reserve approval for its acquisition of Webster Financial Corporation, enabling closing expected on August 20, 2026 and paving the way to integrate Webster into Santander’s U.S. banking franchise.

Banco Santander, S.A. and Webster Financial Corporation announced that they have received final regulatory approval from the Federal Reserve Board for Santander’s previously announced acquisition of Webster, following prior approvals from the Office of the Comptroller of the Currency and the European Central Bank, clearing the way for the transaction—under which most of Webster’s businesses will be integrated into Santander Bank, N.A.—to close on August 20, 2026, with Santander projecting significant strategic and financial benefits including strengthened U.S. operations, enhanced scale, and targeted improvements in return on tangible equity and earnings per share by 2028.

Filing Facts

CIK

801337

Ticker

-

Form

8K

Source Type

sec

Accession

0000801337-26-000025

Alert Tier

8