Form 8-K · Current Report · Filed 2026-08-20
Banco Santander Completes Acquisition of Webster Financial Corporation
On August 20, 2026, Banco Santander, S.A. completed its acquisition of Webster Financial Corporation through a series of mergers and share exchanges. As a result, Webster Financial Corporation's common and preferred stock were delisted from the New York Stock Exchange. The acquisition led to a change in control, with Webster Virginia, the successor to Webster, becoming a wholly-owned subsidiary of Banco Santander. Following the transaction, all of Webster's directors and executive officers ceased to serve in their capacities, and new directors were appointed to the boards of Santander Holdings USA, Inc. and Santander Bank, National Association. The transaction also resulted in material modifications to the rights of Webster's security holders.
- Filer
- Webster Financial Corporation WBS · NYSE
- Filed
- Accession
- 0001193125-26-357758
- CIK
- 0000801337
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$77.57
Since filing
+0.0%
Latest close
$77.57
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from WBS reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, WBS insiders reported 42 Form 4 transactions — net selling of $12.6M.
About Webster Financial Corporation
Webster Financial Corporation operates as a cornerstone in the financial services sector. As a regional bank holding company, it primarily caters to consumer and commercial banking services. With its subsidiary Webster Bank, the corporation delivers a comprehensive range of financial products and services including consumer and commercial banking, mortgage lending, and asset management. Positioned strongly in the Northeastern United States, Webster Financial is pivotal in fostering local economic growth by providing critical banking services to individuals, small businesses, and corporations in the region. Its role extends beyond traditional banking by also offering customized financial solutions designed to meet the unique needs of diverse customer segments. In the financial market, Webster Financial Corporation holds significance due to its robust community ties and its contributions to regional economic stability, making it a vital player among mid-sized U.S. banks.
Never miss another WBS filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.