Santander doubles down on its US bet
Banco Santander is strengthening its presence in the US by acquiring Webster Financial and maintaining shareholder remuneration, following a period of record profits and improved stock performance.
Banco Santander is making significant moves to enhance its position in the United States, marked by the acquisition of Webster Financial while still committing to rewarding its shareholders. This comes during a period where the bank has seen a remarkable increase in liquidity and stock prices, positioning itself more robustly in the market.
Historically, Banco Santander struggled with its identity as a global banking giant, but recent developments have provided clarity to its strategic direction. With its stock nearing historic highs, the bank reported record results, including a profit of 14.1 billion euros in 2025. This has allowed the bank to elevate its return on tangible equity (RoTE) to 16.3%, alongside a strong capital buffer represented by a CET1 ratio of 13.5%, which surpassed the bank's expectations.
These financial achievements not only bolster Santander's confidence in expanding its US operations but also signal a transformation in how the bank presents itself to investors. The geographic redesign aims to strengthen the bank's strategic focus on the US market, highlighting its commitment to capital discipline and profitability, which can attract further investments and shareholder confidence moving forward.