Banco Santander Completes Acquisition of Webster Financial Corporation
Acquiring Company
Banco Santander S.A
Acquired Company
Webster Financial Corporation
Description
Banco Santander has successfully completed the acquisition of Webster Financial Corporation on August 20, 2026. This transaction was previously announced and finalized in accordance with the Transaction Agreement dated February 3, 2026. The acquisition reinforces Banco Santander's strategic growth objectives in the financial services market. It establishes a stronger presence for Banco Santander in the U.S.
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Based on deal dataFrequently asked
Who acquired Webster Financial Corporation?
Webster Financial Corporation was acquired by Banco Santander S.A, based in Madrid. The deal was reported on August 20, 2026. Banco Santander, S.A. is a multinational financial services company and one of the largest banks in the world. Banco Santander S.A is publicly traded (SAN) and operates in Financial Services.
When did Banco Santander S.A acquire Webster Financial Corporation?
Banco Santander S.A's acquisition of Webster Financial Corporation was reported on August 20, 2026. Banco Santander has successfully completed the acquisition of Webster Financial Corporation on August 20, 2026. This transaction was previously announced and finalized in accordance with the Transaction Agreement dated February 3, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Webster Financial Corporation do?
Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank division. It is publicly traded (WBS), operating in Financial Services, and is based in Stamford.
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