Santander Holdings USA, Inc. completed its acquisition of Webster Financial Corporation after receiving final shareholder and regulatory approvals. The transaction strengthens Santander’s retail and commercial banking presence in the Northeast.
The combined entity serves nearly eight million customers across the United States. Based on year-end 2025 figures, the bank holds approximately $327 billion in assets. The pro forma balance sheet includes $185 billion in loans. Total deposits reach $172 billion.
Customers now have expanded fee-free access to the combined ATM network. Day-to-day banking operations remain unchanged for existing clients. This acquisition supports Santander’s growth strategy in the U.S. market.