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Banco Santander, S.A. files Form 6-K reports as a foreign private issuer, with materials that document Grupo Santander interim consolidated financial statements and current-event disclosures. The records include balance sheets, income statements, recognised income and expense, equity changes, cash flows, and explanatory notes on financial assets, financial liabilities, provisions, equity, tangible and intangible assets, and non-current assets held for sale.
The filings also cover shareholder remuneration and earnings per share, director and senior-manager remuneration, segment information, related-party matters, off-balance-sheet exposures, capital-structure disclosures, governance matters, shareholder voting matters, and press releases on operating and financial results. Certain 6-K reports are incorporated by reference into a Form F-4 registration statement.
Banco Santander, S.A. reports progress on its share buyback programme. Between 19 and 26 February 2026, the bank repurchased 39,366,374 ordinary shares across several European trading venues at weighted average prices around €10.6–€11.1 per share.
The cash amount invested in shares purchased up to 26 February 2026 totals €1,572,905,221, described as approximately 31.3% of the programme’s maximum investment amount. The bank states that, with these purchases, it has bought back approximately 16.1% of its outstanding shares as of 2021 under this programme.
Banco Santander presents its 2025 Pillar 3 disclosures showing another record year, with attributable profit of €14.1 bn, up 12%, and revenue of €62.4 bn. Return on tangible equity reached 16.3%, while the efficiency ratio improved to 41.2%.
The Common Equity Tier 1 ratio rose to an all-time high of 13.46% (CET1 capital €84.7 bn) on risk‑weighted assets of €629.4 bn. Liquidity remained strong, with a leverage ratio of 4.9%, liquidity coverage ratio of 147% and net stable funding ratio of 126%.
After year-end, Santander completed the sale of 49% of Santander Bank Polska and 50% of its Polish asset manager for about €7,000 m, generating an expected capital gain of roughly €1,900 m in 2026. It also agreed to acquire Webster Financial Corporation for approximately $12,200 m in cash and shares, with closing targeted for the second half of 2026, subject to shareholder and regulatory approvals.
Banco Santander presents its 2025 Pillar 3 disclosures showing another record year, with attributable profit of €14.1 bn, up 12%, and revenue of €62.4 bn. Return on tangible equity reached 16.3%, while the efficiency ratio improved to 41.2%.
The Common Equity Tier 1 ratio rose to an all-time high of 13.46% (CET1 capital €84.7 bn) on risk‑weighted assets of €629.4 bn. Liquidity remained strong, with a leverage ratio of 4.9%, liquidity coverage ratio of 147% and net stable funding ratio of 126%.
After year-end, Santander completed the sale of 49% of Santander Bank Polska and 50% of its Polish asset manager for about €7,000 m, generating an expected capital gain of roughly €1,900 m in 2026. It also agreed to acquire Webster Financial Corporation for approximately $12,200 m in cash and shares, with closing targeted for the second half of 2026, subject to shareholder and regulatory approvals.
Banco Santander held an Investor Day presenting a 2026–2028 strategic plan with quantified targets. Management projects group profit above €20 billion and a return on tangible equity above 20% by 2028. The plan targets >210 million customers and ~125 million active customers by 2028, fee growth, cost efficiencies of €4–5 billion, and hard-currency loan exposure rising to ~80%.
Capital policy preserves a 50% ordinary payout with cash dividend rising to 35% from 2027, a CET1 ratio around 13%, and excess capital distribution above 13%. Management highlights Gravity/Gravity 2.0 platforms, AI investments (~€20 billion programme), and bolt-on acquisitions (TSB, Webster) as key drivers.
Banco Santander held an Investor Day presenting a 2026–2028 strategic plan with quantified targets. Management projects group profit above €20 billion and a return on tangible equity above 20% by 2028. The plan targets >210 million customers and ~125 million active customers by 2028, fee growth, cost efficiencies of €4–5 billion, and hard-currency loan exposure rising to ~80%.
Capital policy preserves a 50% ordinary payout with cash dividend rising to 35% from 2027, a CET1 ratio around 13%, and excess capital distribution above 13%. Management highlights Gravity/Gravity 2.0 platforms, AI investments (~€20 billion programme), and bolt-on acquisitions (TSB, Webster) as key drivers.
Banco Santander, S.A. submitted a Rule 425 disclosure concerning Webster Financial Corporation and described Grupo Santander's 2025 performance and strategic roadmap. The 2025 results: attributable profit €14.1 billion (+16% vs. 2024, constant euros), total income €62.4 billion, and 180 million customers.
The group reported RoTE (post-AT1) 16.3%, CET1 ratio 13.5%, an efficiency ratio of 41.2%, cost of risk 1.15%, NPL ratio 2.91% and loan-loss reserves of €22.9 billion. Management outlined completed and announced portfolio moves (sale of Santander Bank Polska; bolt-on acquisitions: TSB in the UK and Webster in the US, pending customary approvals) and set 2026–2028 targets: profit above €20 billion, RoTE > 20%, customers > 210 million, and CET1 around c.13% by 2028.
Banco Santander, S.A. submitted a Rule 425 disclosure concerning Webster Financial Corporation and described Grupo Santander's 2025 performance and strategic roadmap. The 2025 results: attributable profit €14.1 billion (+16% vs. 2024, constant euros), total income €62.4 billion, and 180 million customers.
The group reported RoTE (post-AT1) 16.3%, CET1 ratio 13.5%, an efficiency ratio of 41.2%, cost of risk 1.15%, NPL ratio 2.91% and loan-loss reserves of €22.9 billion. Management outlined completed and announced portfolio moves (sale of Santander Bank Polska; bolt-on acquisitions: TSB in the UK and Webster in the US, pending customary approvals) and set 2026–2028 targets: profit above €20 billion, RoTE > 20%, customers > 210 million, and CET1 around c.13% by 2028.
Banco Santander convenes an ordinary general shareholders' meeting to be held exclusively by remote means on 27 March 2026 (expected on second call). The agenda seeks approval of the 2025 annual accounts, the consolidated non‑financial statement and corporate management.
Key capital and remuneration items include the proposed allocation of 2025 results of €11,113,251,675 with a total dividend allocation of €3,519,738,223.53 (interim paid €1,698,679,417.78; estimated final dividend €1,821,058,805.75 payable from 5 May 2026), two authorizations to reduce share capital up to €663,227,913 and €734,465,975 via cancellation of treasury shares, and a buyback programme of up to €5,030 million.
The meeting also proposes governance and market authorizations: reappointment of PwC as auditor, approval of a directors' remuneration policy (including 5% increases in certain components for 2026), a maximum variable-to-fixed ratio of 200% for specified staff, board composition at 15 directors, capacity to issue convertible securities up to €10,000 million, and a share capital increase to support the in‑kind acquisition of Webster Financial Corporation via issuance of 334,809,216 new shares (exchange ratio 2.0548 Santander shares per Webster share and a cash element).
Banco Santander convenes an ordinary general shareholders' meeting to be held exclusively by remote means on 27 March 2026 (expected on second call). The agenda seeks approval of the 2025 annual accounts, the consolidated non‑financial statement and corporate management.
Key capital and remuneration items include the proposed allocation of 2025 results of €11,113,251,675 with a total dividend allocation of €3,519,738,223.53 (interim paid €1,698,679,417.78; estimated final dividend €1,821,058,805.75 payable from 5 May 2026), two authorizations to reduce share capital up to €663,227,913 and €734,465,975 via cancellation of treasury shares, and a buyback programme of up to €5,030 million.
The meeting also proposes governance and market authorizations: reappointment of PwC as auditor, approval of a directors' remuneration policy (including 5% increases in certain components for 2026), a maximum variable-to-fixed ratio of 200% for specified staff, board composition at 15 directors, capacity to issue convertible securities up to €10,000 million, and a share capital increase to support the in‑kind acquisition of Webster Financial Corporation via issuance of 334,809,216 new shares (exchange ratio 2.0548 Santander shares per Webster share and a cash element).
Banco Santander, S.A. has called its 2026 ordinary general shareholders’ meeting to be held exclusively by remote means, expected on second call on 27 March 2026 at 12:30 p.m. CET. Shareholders must hold shares registered in their name by 22 March 2026 to participate.
The agenda covers approval of 2025 financial statements and non‑financial reporting, corporate management, shareholder remuneration and several capital measures. Proposals include two share capital reductions of up to €663,227,913 and €734,465,975 via cancellation of up to 1,326,455,826 and 1,468,931,950 own shares, respectively.
Further items seek authorization to increase share capital up to a nominal €3,672,329,875.50, to issue convertible securities up to €10,000 million, and to execute a capital increase of €167,404,608 by issuing 334,809,216 new shares in exchange for common shares of Webster Financial Corporation. The meeting will also vote on auditor matters, director appointments and re‑elections, and director and employee remuneration policies, all supported by detailed documentation available on the company’s website.
Banco Santander, S.A. has called its 2026 ordinary general shareholders’ meeting to be held exclusively by remote means, expected on second call on 27 March 2026 at 12:30 p.m. CET. Shareholders must hold shares registered in their name by 22 March 2026 to participate.
The agenda covers approval of 2025 financial statements and non‑financial reporting, corporate management, shareholder remuneration and several capital measures. Proposals include two share capital reductions of up to €663,227,913 and €734,465,975 via cancellation of up to 1,326,455,826 and 1,468,931,950 own shares, respectively.
Further items seek authorization to increase share capital up to a nominal €3,672,329,875.50, to issue convertible securities up to €10,000 million, and to execute a capital increase of €167,404,608 by issuing 334,809,216 new shares in exchange for common shares of Webster Financial Corporation. The meeting will also vote on auditor matters, director appointments and re‑elections, and director and employee remuneration policies, all supported by detailed documentation available on the company’s website.
Banco Santander released an Investor Day presentation outlining 2026–2028 strategic targets and financial guidance tied to its proposed acquisition of Webster Financial Corporation. The presentation sets group targets including €20bn profit strength, a CET1 operating range of 12-13%, and a goal of >20% RoTE by 2028. It warns that the Webster transaction is pending customary regulatory and, for Webster, shareholder approvals and lists extensive forward-looking risk factors affecting attainment of synergies, timing and capital outcomes.
The deck emphasizes disciplined capital allocation: an ordinary remuneration policy targeting ~50% of underlying profit for 2026 results (split roughly half cash dividends and half buybacks) and a shift to ~35% cash payout from 2027. It also highlights deposit-led funding, liquidity buffers, TLAC/MREL metrics, NII and fee growth drivers, and execution risks tied to integration of announced bolt-ons including TSB and Webster.
Banco Santander released an Investor Day presentation outlining 2026–2028 strategic targets and financial guidance tied to its proposed acquisition of Webster Financial Corporation. The presentation sets group targets including €20bn profit strength, a CET1 operating range of 12-13%, and a goal of >20% RoTE by 2028. It warns that the Webster transaction is pending customary regulatory and, for Webster, shareholder approvals and lists extensive forward-looking risk factors affecting attainment of synergies, timing and capital outcomes.
The deck emphasizes disciplined capital allocation: an ordinary remuneration policy targeting ~50% of underlying profit for 2026 results (split roughly half cash dividends and half buybacks) and a shift to ~35% cash payout from 2027. It also highlights deposit-led funding, liquidity buffers, TLAC/MREL metrics, NII and fee growth drivers, and execution risks tied to integration of announced bolt-ons including TSB and Webster.
Banco Santander, S.A. outlines a 2026–2028 strategic plan focused on profitable growth, capital strength and higher shareholder payouts. The group is targeting a return on tangible equity above 20% by 2028, with profit of more than €20 billion and a Common Equity Tier 1 ratio of about 13% within a 12–13% operating range.
The plan calls for double‑digit annual EPS growth from 2026 to 2028, low‑ to mid‑single‑digit revenue growth, and cost reductions each year, helped by its ONE Transformation program. Santander expects net interest income to grow at low‑ to mid‑single‑digit rates, supported by active balance sheet, ALCO and hedging management, and a loan book mix shift toward lower‑risk segments.
Shareholder remuneration is planned at about 50% of underlying profit for 2026–2028, with an increased cash dividend payout of around 35% from 2027 and roughly 15% in share buybacks, plus the return of any excess capital above 13% at the end of the period, all subject to future corporate and regulatory approvals. Operationally, Santander aims to grow total customers to over 210 million by 2028, lift fee income at high single‑digit rates and keep group cost of risk around 1–1.10% on average, while integrating the pending TSB and Webster transactions.
Banco Santander, S.A. outlines a 2026–2028 strategic plan focused on profitable growth, capital strength and higher shareholder payouts. The group is targeting a return on tangible equity above 20% by 2028, with profit of more than €20 billion and a Common Equity Tier 1 ratio of about 13% within a 12–13% operating range.
The plan calls for double‑digit annual EPS growth from 2026 to 2028, low‑ to mid‑single‑digit revenue growth, and cost reductions each year, helped by its ONE Transformation program. Santander expects net interest income to grow at low‑ to mid‑single‑digit rates, supported by active balance sheet, ALCO and hedging management, and a loan book mix shift toward lower‑risk segments.
Shareholder remuneration is planned at about 50% of underlying profit for 2026–2028, with an increased cash dividend payout of around 35% from 2027 and roughly 15% in share buybacks, plus the return of any excess capital above 13% at the end of the period, all subject to future corporate and regulatory approvals. Operationally, Santander aims to grow total customers to over 210 million by 2028, lift fee income at high single‑digit rates and keep group cost of risk around 1–1.10% on average, while integrating the pending TSB and Webster transactions.
Banco Santander filed an investor presentation outlining its 2026–2028 strategic targets and the proposed acquisition of Webster Financial Corporation, noting the Webster transaction is pending customary regulatory and, for Webster, shareholder approvals.
The presentation sets financial goals including >€20bn profit, a >20% RoTE target by 2028, a CET1 operating range of 12 - 13%, and a shareholder remuneration framework targeting ~50% payout of underlying profit for 2026 (split roughly evenly between cash dividends and buybacks), shifting to ~35% cash and ~15% buybacks from 2027 results. Operational targets include ~125 million active customers and >210 million total customers by 2028 (including TSB and Webster), fee growth, and cost synergies from integrations.
Banco Santander filed an investor presentation outlining its 2026–2028 strategic targets and the proposed acquisition of Webster Financial Corporation, noting the Webster transaction is pending customary regulatory and, for Webster, shareholder approvals.
The presentation sets financial goals including >€20bn profit, a >20% RoTE target by 2028, a CET1 operating range of 12 - 13%, and a shareholder remuneration framework targeting ~50% payout of underlying profit for 2026 (split roughly evenly between cash dividends and buybacks), shifting to ~35% cash and ~15% buybacks from 2027 results. Operational targets include ~125 million active customers and >210 million total customers by 2028 (including TSB and Webster), fee growth, and cost synergies from integrations.