Welcome to our dedicated page for Banco Santander, S.A. SEC filings (Ticker: SAN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Banco Santander S.A. filings document foreign-issuer disclosures for a global banking group and its ADR program. Form 6-K reports include interim consolidated financial statements, operating results, shareholder remuneration, segment information, financial assets and liabilities, provisions, equity, related-party matters, off-balance-sheet exposures, and director and senior manager remuneration.
The filing record also covers material-event disclosures, share buyback transactions, capital-structure matters, registration-statement updates, securities-law exemption documents, and completed acquisition disclosures. These filings provide formal records of governance, capital actions, financial reporting, and corporate transactions affecting Banco Santander and its banking group.
Banco Santander, S.A. is issuing two series of U.S. dollar-denominated Senior Non Preferred Fixed-to-Fixed Rate Notes due 2030 and 2034 under its Form F‑3 shelf. Each series pays a fixed coupon from issuance in August 2026 until one year before maturity, then resets to a fixed rate equal to the applicable U.S. Treasury Rate plus a spread for the final year. Interest is payable semi‑annually in arrears in February and August, in minimum denominations of $200,000.
The Notes are senior non preferred, unsecured, and unsubordinated obligations of Banco Santander, ranking pari passu with other Senior Non Preferred Liabilities, junior to Senior Higher Priority Liabilities, and senior to subordinated obligations in Spanish insolvency. They are expressly subject to the Spanish Bail‑in Power, meaning a resolution authority may write down or convert the Notes. Optional redemption at par plus accrued interest is permitted for tax reasons, TLAC/MREL disqualification, clean‑up, or on specified call dates, subject to regulatory approval. The bank intends to list the Notes on the New York Stock Exchange and expects to use the net proceeds for general corporate purposes, targeting eligible counterparties and professional investors rather than EEA/UK retail clients.
Banco Santander, S.A. reports continued execution of its share repurchase programme. Between 6 and 12 August 2026 the bank bought back 20,000,000 of its own shares across Spanish (XMAD) and European (CEUX) trading venues at weighted average prices around €12.85–€12.97 per share.
The total cash amount invested in repurchases under the current programme reached €4,650,490,891 as of 12 August 2026, representing approximately 92.5% of the programme’s maximum investment amount. Cumulatively, the bank states it has repurchased roughly 17.8% of its outstanding shares as of 2021 through this programme.
Banco Santander, S.A. approved a new share repurchase programme as part of its shareholder remuneration policy, which targets total shareholder returns of around 50% of the Group’s underlying profit, split roughly equally between cash dividends and buybacks. For the first half of 2026, the bank plans a buyback amounting to approximately EUR 1,825 million, equivalent to about 25% of underlying profit for that period. The stated purpose is to reduce share capital by redeeming the repurchased shares following approval of a capital reduction at the 2026 Annual Shareholders’ Meeting.
The programme, authorised under resolutions from the 31 March 2023 general shareholders’ meeting, is capped at a maximum investment of EUR 1,825 million and a maximum of 1,468,931,950 shares, with an illustrative example of about 150.8 million shares (roughly 1.026% of share capital) at an average purchase price of EUR 12.10. Purchases will be at market price, subject to price limits tied to the last independent trade and highest current independent bid. The bank notes the programme could be temporarily suspended during the acceptance period of a planned exchange offer for Banco Santander (Brasil) S.A. shares. A decision on an interim cash dividend against 2026 results is expected to be considered by the board on 29 September 2026, with the rest of the remuneration policy subject to corporate and regulatory approvals.
Banco Santander, S.A. reports further progress on its Board-approved buyback programme of its own shares. Between 30 July and 5 August 2026, it repurchased 17,500,000 ordinary shares (ISIN ES0113900J37) on the Spanish market (XMAD) and the CEUX venue at weighted average prices between €12.1766 and €12.7466 per share.
As of 5 August 2026, the accumulated cash amount invested in the Buyback Programme totals €4,392,508,241, which the bank states represents approximately 87.3% of the programme’s maximum investment amount. The bank indicates that, with these purchases, it has repurchased approximately 17.7% of its outstanding shares as of 2021. Detailed trade-by-trade information for the period is provided in an annex.
Banco Santander, S.A. reports that, in connection with its planned acquisition of Webster Financial Corporation, it has now received the key regulatory approvals needed to complete the deal on the previously announced terms. Approval came from the Office of the Comptroller of the Currency on 12 June 2026, from the European Central Bank on 21 July 2026, and from the Board of Governors of the Federal Reserve System on 4 August 2026.
The acquisition’s completion is expected on 20 August 2026. The communication also sets out extensive forward-looking risk factors, including the possibility that anticipated cost savings and synergies may not be achieved, potential delays or failure to close, integration and regulatory risks, reputational impacts, and dilution from issuing additional ordinary shares and American depositary shares in connection with the transaction.
Banco Santander, S.A. intends to launch voluntary, concurrent exchange tender offers in Brazil and the United States to acquire all Santander Brazil common shares, preferred shares, units and ADSs it does not already own, representing about 10% of Santander Brazil’s share capital. The offer does not seek delisting and is not subject to a minimum acceptance condition, though Santander Brazil’s ADSs may later be removed from NYSE listing and SEC registration depending on take-up.
Minority holders would receive newly issued Banco Santander shares: 0.4056 per Santander Brazil unit or ADS and 0.2028 per common or preferred share, delivered as BDRs or ADSs. The terms imply a 15% premium over the reference Santander Brazil unit price and a maximum transaction value of about €1,908 million. If all minority shares are tendered, Banco Santander would issue roughly 156 million new shares, around 1.1% of its current share capital.
Management states the deal is consistent with its capital hierarchy and is expected to be capital neutral and accretive to earnings per share and tangible book value per share, with indicative uplifts of about 0.5% and 0.6% respectively from 2028, subject to regulatory and shareholder approvals and the absence of a material adverse change.
Banco Santander, S.A. reports ongoing execution of its share buyback programme of own shares. Up to 29 July 2026, it has purchased shares for a cash amount of 4,173,784,041 Euros, representing approximately 83% of the maximum investment amount of the Buyback Programme approved by its Board of Directors.
Between 23 and 29 July 2026, the bank repurchased a total of 10,000,000 shares of its ordinary stock on the XMAD and CEUX trading venues at weighted average prices that include 11.7513 Euros and 12.3208 Euros per share. With these purchases, Banco Santander has repurchased approximately 17.6% of its outstanding shares as of 2021.
Banco Santander, S.A. filed a Form 13F holdings report as an institutional investment manager. The filing states a Form 13F information table covering 929 securities positions with an aggregate reported value of $16,078,007,699, rounded to the nearest dollar. The report consolidates positions for five other included managers, including Banco Santander International entities and several affiliated investment and holding companies.
Banco Santander delivered strong H1 2026 results, with profit attributable to the parent of EUR 8,973 million, up 31% year-on-year, and underlying profit of EUR 7,328 million, up 15%. Q2 underlying profit reached EUR 3,768 million, another quarterly record despite restructuring and disposal-related effects.
Total income in H1 rose 6% to EUR 30,822 million, driven by higher net interest income (+7%) and net fee income (+8%), while underlying costs were flat, improving the efficiency ratio to 42.8%. Gross loans excluding reverse repos grew 9% year-on-year in constant euros and customer funds 11%, helped by the completed TSB UK acquisition and broad-based growth across businesses.
Asset quality remained solid, with cost of risk at 1.15% and an NPL ratio of 2.93%. The phased-in CET1 ratio was 14.0% and the liquidity coverage ratio 155%. The Poland disposal generated a EUR 1,895 million capital gain, supporting RoTE of 17.4% and enabling cash dividends of EUR 24.00 cents per share on 2025 results plus large ongoing share buybacks.
Banco Santander, S.A. reports strong H1 2026 results, with profit attributable to the parent of EUR 8,973 million, a 31% year-on-year increase and a new record, including a EUR 1,895 million capital gain from the Poland disposal. Underlying profit attributable to the parent reached EUR 7,328 million, up 15% (14% in constant euros). Net interest income was EUR 22,711 million (+7%), total income EUR 30,847 million (+6%), and net operating income EUR 17,636 million (+12%). Underlying RoTE for H1 2026 rose to 15.6%, with EPS of EUR 0.60 reported and EUR 0.48 underlying.
Total assets grew to EUR 1,954,465 million (+7.6% year-on-year), loans to customers to EUR 1,149,162 million (+13.7%) and customer deposits to EUR 1,133,762 million (+12.5%). The acquisition of TSB for GBP 2.9 billion (about EUR 3.3 billion) added around EUR 53 billion of assets and 42 billion of largely mortgage loans, reducing the June CET1 ratio by 55 bps, while the sale of 49% of Santander Bank Polska and 50% of its asset manager for about EUR 7 billion generated the capital gain and added 95 bps to CET1. The phased-in CET1 ratio stands at 14.0%, total capital ratio at 18.8%, cost of risk at 1.15%, NPL ratio at 2.93% and Group LCR at 155%.
Shareholder remuneration remains a priority. Total remuneration charged against 2025 results is about EUR 7,030 million, combining an interim dividend of EUR 11.50 cents per share, a final dividend of EUR 12.50 cents and share buybacks (EUR 1,700 million completed and EUR 1,830 million under a second programme of up to EUR 5,030 million). Santander plans to allocate at least EUR 10 billion to share buybacks from 2025–2026 and to distribute around 50% of underlying profit for 2026–2028, subject to corporate and regulatory approvals.