Fundz

Banco Santander to acquire Webster Financial for $12.3B

Feb 03, 2026

Acquiring Company

Banco Santander SA

Acquired Company

Webster Financial Corporation

MadridStamfordFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

Banco Santander, S.A. has entered into a definitive agreement to acquire Webster Financial Corporation for $12.3 billion. Webster shareholders are set to receive $48.75 in cash and 2.0548 Santander American Depository Shares per share. The merger aims to combine strengths and unlock greater opportunities for both organizations while enhancing the services offered to customers.

Quick answer

Banco Santander SA is acquiring Webster Financial Corporation for $12.3 billion, announced February 3, 2026. Banco Santander SA is based in Madrid, Community Of Madrid, Spain.

How much did Banco Santander SA pay for Webster Financial Corporation?
The reported deal value is $12.3 billion.
What does Banco Santander SA do?
Banco Santander SA is a leading retail and commercial bank, headquartered in Madrid, Spain, with a significant presence in Europe, the United States, and Latin America.
Where are Banco Santander SA and Webster Financial Corporation based?
Banco Santander SA is based in Madrid, Community Of Madrid, Spain. Webster Financial Corporation is based in Stamford, Connecticut, United States.
Who are the decision-makers at Banco Santander SA?
Fundz holds 2 contacts at Banco Santander SA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Banco Santander SA

Location

Madrid, Community Of Madrid, Spain

About

Banco Santander SA is a leading retail and commercial bank, headquartered in Madrid, Spain, with a significant presence in Europe, the United States, and Latin America.

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Frequently asked

Who acquired Webster Financial Corporation?

Webster Financial Corporation was acquired by Banco Santander SA, based in Madrid. The deal was reported on February 3, 2026. Banco Santander SA is a leading retail and commercial bank, headquartered in Madrid, Spain, with a significant presence in Europe, the United States, and Latin America. Banco Santander SA is privately held and operates in Financial Services.

When did Banco Santander SA acquire Webster Financial Corporation?

Banco Santander SA's acquisition of Webster Financial Corporation was reported on February 3, 2026. Banco Santander, S.A. has entered into a definitive agreement to acquire Webster Financial Corporation for $12.3 billion. Webster shareholders are set to receive $48.75 in cash and 2.0548 Santander American Depository Shares per share. 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 privately held, operating in Financial Services, and is based in Stamford.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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