Santander Bank, N.A.
BankRegReports is independent of Santander Bank, N.A. and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Santander Bank, N.A. is an FDIC-insured commercial bank headquartered in Wilmington, DE, established in 1907 (FDIC certificate 29950), and it is supervised by the OCC. At Q2 2026 it reported total assets of $103.96B, up 0.6% from Q2 2025, the 3rd largest of 16 banks headquartered in Delaware. Its CET1 capital ratio was 20.26% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 29950
- Headquarters
- Wilmington, DE
- Established
- 1907
- Total assets, Q2 2026
- $103.96B
- Assets vs Q2 2025
- +0.6%
- CET1 ratio, Q2 2026
- 20.26%
- Domestic offices
- 368 FDIC institution directory, current count
- Routing number
- 011075150
- Latest call report
- Q2 2026, FFIEC 031 · Santander Bank, N.A. call report
- Holding company
- SANTANDER HOLDINGS USA, INC.
- Asset rank in state
- 3rd of 16 in Delaware
Santander Bank, N.A. is the 32nd-largest bank in the United States, with $104.0 billion in assets at June 30, 2026. It is headquartered in Wilmington, Delaware, and operates 368 domestic branches. It returns 7.6% a year on shareholders' equity, lower than about 9 in 10 of the 14 banks with $100 billion to $250 billion in assets (median 12.9%). On the other hand, it holds common equity equal to 20.26% of its risk-weighted assets, higher than about 9 in 10 banks its size (median 12.29%).
Net income for the quarter slipped 29% from a year earlier, to $260 million. Over the same year, loans grew 18.7% and deposits grew 6.1%. Credit is the area to watch: it carries problem assets equal to 7.8% of the capital and reserves that would absorb them, higher than about three-quarters of banks its size (median 5.2%).
As of June 30, 2026, Santander Bank, N.A. reported a CET1 capital ratio of 20.26%, a return on assets of 0.99%, a nonperforming-loan ratio of 1.84% and a Texas ratio of 7.82%. The figures come from its call report filed with the FFIEC.
Santander Bank, N.A. ranks as the 3rd largest of the 16 banks based in Delaware, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets fell 2.0% to $103.96B, loans rose 4.2% and deposits fell 1.5%. Its loan book on June 30, 2026 was led by auto loans, at 32.8% of total loans, followed by multifamily loans at 15.9%. By the capital ratios in its Q2 2026 call report, Santander Bank, N.A. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 824 N Market St, Wilmington, DE 19801
- County
- New Castle
- Metro Area
- Philadelphia-Camden-Wilmington, Pa-NJ-De-MD
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 3, Philadelphia
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 031
- Established
- January 1, 1907
- Former names
- Sovereign Bank, National Association (2012-2013); Sovereign Bank (1996-2012); Sovereign Bank, A Federal Savings Bank (1991-1996); Penn Savings Bank FSB (1984-1991)
- Domestic offices
- 368 FDIC institution directory, current count
- Employees (FTE)
- 5,678
- Domestic deposits
- $79.06B
- Allowance for credit losses
- $1.88B
- Net charge-offs (YTD)
- $156.3M
- Average total assets
- $105.45B
- Average total loans
- $58.07B
- Average interest-bearing deposits
- $75.07B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29950
- Fed RSSD
- 722777
- Website
- www.santander.com →
- Parent Holding Company
- SANTANDER HOLDINGS USA, INC. (RSSD 3981856) · SNUS-PH
- Ultimate Parent
- BANCO SANTANDER, S.A. (RSSD 1239254)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Santander Bank, N.A.'s total assets ranged from $97.75B (Q3 2025) to $106.09B (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$103.96B total assets against $103.35B; $90.12B total liabilities against $90.14B.
$57.27B net loans and leases against $48.57B; $84.39B total deposits against $79.53B.
$19.74B securities against $17.19B; $12.58B cash and balances due against $20.95B.
$1.31B total interest income against $1.18B; $494.9M total interest expense against $569.1M.
$811.6M net interest income against $606.2M.
$645.7M total noninterest income against $654.7M; $681.0M total noninterest expense against $725.7M.
$473.6M provision for credit losses against $70.7M.
$260.3M net income against $365.5M.
0.99% return on assets against 1.41%; 3.42% net interest margin against 2.68%.
20.26% CET1 capital ratio against 18.77%; 12.48% tier 1 leverage ratio against 12.02%.
Inside the full Santander Bank, N.A. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
Santander Bank, N.A. rankings
Its closest position to the top of a national ranking is 32 of 4,196, for total assets; its furthest is 2,539 of 3,611, for ROA.
Banks merged into Santander Bank, N.A.
- Webster Bank, N.A., effective August 20, 2026
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.46% (Q4 2024) to 1.96% (Q4 2025) and its net interest margin ran from 2.34% (Q3 2024) to 3.57% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 20.26% | 0.99% | 1.84% | 7.82% | 3.42% |
| Q1 2026 | 19.72% | 1.01% | 1.84% | 8.01% | 2.89% |
| Q4 2025 | 20.74% | 1.96% | 1.75% | 7.14% | 3.57% |
| Q3 2025 | 19.50% | 1.50% | 1.96% | 7.63% | 3.01% |
| Q2 2025 | 18.77% | 1.41% | 2.05% | 8.24% | 2.68% |
| Q1 2025 | 17.88% | 0.53% | 2.09% | 8.89% | 2.48% |
| Q4 2024 | 17.67% | 0.46% | 1.81% | 7.90% | 2.35% |
| Q3 2024 | 16.91% | 0.47% | 1.69% | 7.42% | 2.34% |
Swipe the table sideways to see every column.
Branch Network
View all 368 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Digital.Openbank.Us Branch | Quincy , MA | 02171 | $11.41B |
| State Street Branch | Boston , MA | 02109 | $10.69B |
| State Hill Branch | Wyomissing , PA | 19610 | $4.74B |
| Market Street Branch | Philadelphia , PA | 19103 | $3.41B |
| Montague Street Branch | Brooklyn , NY | 11201 | $1.53B |
| One Financial Plaza Branch | Providence , RI | 02903 | $621.8M |
| Union Hill & Wild Turkey Way Branch | Manalapan , NJ | 07726 | $557.3M |
| Lexington Avenue Branch | New York , NY | 10022 | $535.1M |
| 241 Central Avenue Branch | Jersey City , NJ | 07307 | $491.4M |
| Reading Pa Branch | Reading , PA | 19601 | $402.3M |
| West New Brighton Branch | Staten Island , NY | 10301 | $361.0M |
| Worcester - Gold Star Branch | Worcester , MA | 01605 | $304.8M |
| Gallivan Boulevard Branch | Boston , MA | 02122 | $296.2M |
| Farmington Avenue Branch | West Hartford , CT | 06107 | $281.8M |
| 9512 Third Avenue Branch | Brooklyn , NY | 11209 | $281.0M |
| Sayreville Branch | South Amboy , NJ | 08879 | $277.8M |
| Boston- Boylston Street Branch | Boston , MA | 02116 | $277.0M |
| Allen Street Branch | New Bedford , MA | 02740 | $272.9M |
| Lunds Corner Branch | New Bedford , MA | 02745 | $271.2M |
| Framingham Route 30 Branch | Framingham , MA | 01701 | $268.9M |
| Schuylkill Haven Branch | Schuylkill Haven , PA | 17972 | $257.8M |
| New Dorp Branch | Staten Island , NY | 10306 | $257.5M |
| Lexington Center Branch | Lexington , MA | 02420 | $256.6M |
| Andover Branch | Andover , MA | 01810 | $252.0M |
| Oakwood Branch | Staten Island , NY | 10306 | $249.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| August 20, 2026 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 20, 2026 | Structure Change | Acquired Webster Bank, N.A. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 1, 2008 | Structure Change | Acquired Sov Trust Manager Co. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 9, 2006 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 9, 2006 | Structure Change | Acquired Independence Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 12, 2005 | Structure Change | Acquired Waypoint Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 11, 2005 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 24, 2004 | Structure Change | Acquired Compass Bank for Savings Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 23, 2004 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 23, 2004 | Structure Change | Acquired Nantucket Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 7, 2004 | Structure Change | Acquired First Essex Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 6, 2004 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| May 3, 2002 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 31, 2002 | Structure Change | Acquired Sovereign Trust Company Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 9, 2002 | Structure Change | Acquired Main Street Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 8, 2002 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 1, 1999 | Structure Change | Acquired Trenton Savings Bank FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 30, 1999 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 1, 1998 | Structure Change | Acquired First Home Savings Bank, FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 31, 1998 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 1, 1998 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 1, 1998 | Structure Change | Acquired Main Line Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 30, 1997 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 30, 1997 | Structure Change | Acquired Bankers Savings Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 31, 1997 | Structure Change | Acquired Sovereign Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 31, 1997 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 19, 1997 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 19, 1997 | Structure Change | Acquired First Dewitt Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 1, 1996 | Structure Change | Acquired West Jersey Community Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 31, 1996 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 1, 1994 | Structure Change | Acquired Charter Federal Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 31, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 17, 1994 | Structure Change | Acquired Second National Federal Savings Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| August 6, 1994 | Structure Change | Acquired Shadow Lawn Savings Bank, SLA Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 5, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 6, 1993 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 6, 1993 | Structure Change | Acquired Valley Federal Savings and Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 28, 1993 | Structure Change | Acquired Home Unity Federal Savings and Loan Assc Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| August 27, 1993 | Merger | Rtc Assisted Merger | FDIC |
| January 16, 1993 | Structure Change | Acquired Harmonia Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 16, 1993 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 12, 1992 | Structure Change | Acquired Jersey Shore Savings and Loan Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 11, 1992 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| December 31, 1991 | Structure Change | Acquired Yardley Bank for Savings, FSB Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 7, 1991 | Structure Change | Acquired United Savings & Loan Association of Trenton, F.A. Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| September 6, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 24, 1991 | Structure Change | Acquired Nassau Federal Savings & Loan Association Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| August 23, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 49 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 7 against the institution (OCC); 14 against individuals associated with it
- February 8, 2016, OCC: Civil Money Penalty (CMP): Santander Bank, National Association
- June 16, 2015, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Santander Bank, National Association
- March 26, 2015, OCC: C&D or PC&D Requiring Restitution: Santander Bank, National Association
- March 26, 2015, OCC: Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Santander Bank, National Association
- March 26, 2015, OCC: Civil Money Penalty (CMP): Santander Bank, National Association
- Period: Most recent institution action February 8, 2016. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in DE, rank 26 of 31 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 86 applications, 70 loans originated, $1.25B originated, across 20 states
- Period: Calendar year 2023. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 53 loans, $3.8M approved, $72K average. 1.89% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- 6,756 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2025-Q4 to 2026-Q3. Source: CFPB consumer complaint database.
- Not on file
- CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Santander Bank, N.A.’s latest filed figures and updates each quarter.
Similar banks
Compare Santander Bank, N.A. with peers
Frequently asked about Santander Bank, N.A.
What are Santander Bank, N.A.'s total assets?
As of the Q2 2026 filing, Santander Bank, N.A. reported total assets of $103.96 billion in its FFIEC call report.
Where is Santander Bank, N.A. headquartered?
It is headquartered in Wilmington, DE, United States.
When was Santander Bank, N.A. founded?
It was established in 1907, per the FDIC institution directory.
Is Santander Bank, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #29950). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Santander Bank, N.A.?
Santander Bank, N.A.'s primary federal regulator is the OCC.
What is Santander Bank, N.A.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 20.26% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Santander Bank, N.A. operate?
It operates 368 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Santander Bank, N.A.'s Texas Ratio?
Its Texas Ratio is 7.82% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Santander Bank, N.A. previously called?
The charter now named Santander Bank, N.A. has also operated as Sovereign Bank, National Association (2012-2013), Sovereign Bank (1996-2012), Sovereign Bank, A Federal Savings Bank (1991-1996), Penn Savings Bank FSB (1984-1991), per FDIC structure-change records.
Go deeper on Santander Bank, N.A.
Get an email when Santander Bank, N.A. files its next call report, and benchmark it against any peer you choose.
Unlock Santander Bank, N.A., freeFree account