Banco Santander, S.A. - Form 6-K Filing Summary

2026-07-24SEC Filing 6-K (0000891478-26-000076)

This report details Banco Santander, S.A.'s financial performance for the period January-June 2026. Key events include the completion of the TSB acquisition for approximately EUR 3.3 billion, which fully incorporates TSB's operations from May 2026 and added EUR 53 billion in assets. The company also announced an agreement to acquire Webster Financial Corporation for USD 12.2 billion, subject to regulatory approval. The disposal of Santander Bank Polska was completed in January 2026 for approximately EUR 7 billion, generating a net capital gain of EUR 1,895 million and increasing the CET1 ratio by 95 basis points. Underlying attributable profit for H1 2026 increased by 15% year-on-year to EUR 7,328 million, driven by strong revenue growth and cost management. The CET1 ratio stood at 14.0% as of June 2026. The company is progressing with its digital transformation and global platform initiatives, aiming to help people and businesses prosper.

Ticker mentioned:SAN