SNUS-PH on NYSE
Santander Holdings USA, Inc.
American national commercial bank based in Boston, incorporated in Virginia.
Price unavailable
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Asset And Wealth Management Fees brought in 29% of the revenue Santander Holdings USA, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Asset And Wealth Management Fees | $110.6M | $290.6M | $343.0M |
| Commission And Trailer Fees | $227.1M | $274.8M | $318.8M |
| Underwriting Service Fees | $144.7M | $260.9M | $306.4M |
| Depository Services | $124.0M | $126.2M | $128.3M |
| Interchange Income | $72.5M | $82.9M | $80.2M |
| Other Products And Servi | $20.6M | $4.3M | $7.8M |
Financial statements
Every line of the income statement in the latest annual report, as filed.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loans | $8.4B | $8.6B | $8.3B |
| Interest-earning deposits | $920.5M | $909.9M | $774.0M |
| Interest and fees on federal funds sold and securities purchased under resale agreements or similar arrangements | $1.7B | $2.8B | $2.4B |
| AFS | $385.5M | $375.8M | $269.7M |
| HTM | $285.9M | $203.3M | $185.1M |
| Trading securities | $767.8M | $564.9M | $397.6M |
| Other investments | $41.0M | $45.0M | $42.8M |
| TOTAL INTEREST INCOME | $12.4B | $13.5B | $12.4B |
| Deposits and other customer accounts | $1.9B | $2.1B | $1.5B |
| Interest expense on federal funds purchased and securities loaned or sold under repurchase agreements | $2.2B | $3.3B | $2.7B |
| Interest expense on trading liabilities | $150.5M | $169.6M | $142.1M |
| Borrowings and other debt obligations | $2.2B | $2.4B | $2.1B |
| TOTAL INTEREST EXPENSE | $6.5B | $7.9B | $6.5B |
| NET INTEREST INCOME | $6.0B | $5.6B | $5.9B |
| Credit loss expense | $1.7B | $1.9B | $2.2B |
| NET INTEREST INCOME AFTER CREDIT LOSS EXPENSE | $4.3B | $3.6B | $3.6B |
| Consumer and commercial fees | $487.1M | $416.1M | $349.4M |
| Capital markets and foreign exchange income | $494.3M | $408.8M | $195.8M |
| Lease income | $1.6B | $2.2B | $2.5B |
| Miscellaneous income, net | $713.9M | $376.7M | $311.7M |
| TOTAL FEES AND OTHER INCOME | $3.3B | $3.4B | $3.3B |
| Securities gains, net | $154.7M | $224.5M | $145.0M |
| TOTAL NON-INTEREST INCOME | $3.5B | $3.6B | $3.5B |
| Compensation and benefits | $2.1B | $2.1B | $2.1B |
| Occupancy and equipment expenses | $725.8M | $653.0M | $667.2M |
| Technology, outside service, and marketing expense | $867.3M | $796.9M | $729.2M |
| Loan expense | $355.2M | $333.6M | $356.5M |
| Lease expense | $1.3B | $1.7B | $1.9B |
| Other expenses | $537.0M | $637.2M | $583.7M |
| TOTAL GENERAL, ADMINISTRATIVE AND OTHER EXPENSES | $5.9B | $6.3B | $6.3B |
| Income/(loss) before income taxes | $1.8B | $970.6M | $786.8M |
| Income tax provision / (benefit) | $196.4M | -$106.8M | -$146.1M |
| NET INCOME | $1.6B | $1.1B | $932.9M |
Every line of the balance sheet in the latest annual report, as filed.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $14.4B | $18.5B | $13.1B |
| Federal funds sold and securities purchased under resale agreements or similar arrangements | $8.6B | $8.1B | |
| AFS at fair value (amortized cost of $7,956,281 and $7,833,617 as of December 31, 2025 and December 31, 2024, respectively) | $7.3B | $7.1B | |
| Trading securities | $15.6B | $10.3B | |
| HTM (fair value of $11,871,362 and $8,306,417 as of December 31, 2025 and December 31, 2024, respectively) | $13.2B | $9.9B | |
| Other investments | $2.6B | $1.5B | |
| LHFI | $82.9B | $87.3B | |
| ALLL | -$6.0B | -$6.6B | -$6.9B |
| Net LHFI | $76.9B | $80.7B | |
| LHFS | $1.6B | $1.3B | |
| Premises and equipment, net | $936.3M | $987.0M | |
| Operating lease assets, net | $8.4B | $11.7B | |
| Goodwill | $2.8B | $2.8B | |
| Intangible assets, net | $214.0M | $248.9M | |
| BOLI | $2.1B | $2.0B | |
| Other assets | $4.7B | $4.9B | |
| TOTAL ASSETS | $164.6B | $165.2B | $165.0B |
| Accounts payables and accrued expenses | $6.0B | $5.2B | |
| Deposits and other customer accounts | $79.0B | $78.1B | |
| Federal funds purchased and securities loaned or sold under repurchase agreements | $19.5B | $16.3B | |
| Trading liabilities | $4.0B | $2.5B | |
| Borrowings and other debt obligations | $37.1B | $44.0B | |
| Advance payments by borrowers for taxes and insurance | $146.9M | $150.8M | |
| Other liabilities | $895.6M | $1.3B | |
| TOTAL LIABILITIES | $146.6B | $147.6B | |
| Preferred stock (no par value; 7,500,000 shares authorized; 2,000,000 shares outstanding at December 31, 2025 and December 31, 2024, respectively) | $2.0B | $2.0B | $2.0B |
| Common stock and paid-in capital (no par value; 800,000,000 shares authorized; 530,391,043 shares outstanding at both December 31, 2025 and December 31, 2024, respectively) | $17.3B | $17.3B | |
| Accumulated other comprehensive loss, net of tax | -$533.6M | -$717.7M | |
| Accumulated deficit | -$829.2M | -$942.7M | |
| TOTAL STOCKHOLDER'S EQUITY | $15.9B | $15.7B | $15.5B |
| TOTAL LIABILITIES, MEZZANINE AND STOCKHOLDER'S EQUITY | $164.6B | $165.2B | |
| Amortized cost | $8.0B | $7.8B | |
| Held-to-maturity securities, fair value | $11.9B | $8.3B | |
| Temporary equity, shares authorized (in shares) | 7.5M shares | 7.5M shares | |
| Temporary equity, shares outstanding (in shares) | 2.0M shares | 2.0M shares | |
| Common stock, shares authorized (in shares) | 800.0M shares | 800.0M shares | |
| Common stock, shares outstanding (in shares) | 530.4M shares | 530.4M shares | |
| RICs HFI | $4.9M | $9.0M | |
| LHFS | $1.5B | $1.3B | |
| Accumulated depreciation | $2.8B | $2.5B | |
| Restricted cash | $5.3B | $5.0B | $5.5B |
| Property, plant, and equipment, lessor asset under operating lease, accumulated depreciation | $2.8B | $3.1B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $1.6B | $1.1B | $932.9M |
| Credit loss expense | $1.7B | $1.9B | $2.2B |
| Deferred tax benefit | -$129.7M | -$354.3M | -$430.1M |
| Depreciation, amortization and accretion | $2.5B | $2.6B | $2.6B |
| Net gain on sale or disposal of loans, investment securities, and other assets | -$107.7M | -$64.8M | -$91.8M |
| Originations and purchases of LHFS | -$8.2B | -$4.2B | -$18.8M |
| Proceeds from sales of and collections on LHFS | $7.5B | $2.9B | $2.6M |
| Trading securities and trading liabilities, net | -$3.6B | -$2.4B | -$2.1B |
| Other assets and BOLI | $200.2M | -$573.4M | -$358.3M |
| Other liabilities | $544.3M | $129.6M | -$852.5M |
| Other operating activities, net | -$4.8M | $27.3M | $1.5M |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | $2.0B | $1.2B | $1.9B |
| Proceeds from sales of AFS investment securities | $307.1M | $200.3M | $311.1M |
| Proceeds from prepayments and maturities of AFS investment securities | $889.8M | $927.6M | $1.6B |
| Purchases of AFS investment securities | -$1.3B | -$1.1B | -$1.9B |
| Proceeds from prepayments and maturities of HTM investment securities | $1.3B | $663.8M | $520.2M |
| Purchases of HTM investment securities | -$3.3B | -$1.5B | $0 |
| Proceeds from sales and maturities of equity method and other investments | $293.6M | $388.0M | $709.6M |
| Purchases of and contributions to equity method and other investments | -$754.2M | -$702.7M | -$1.1B |
| Net change in federal funds sold and securities purchased under resale agreements | -$507.4M | $2.1B | $2.2B |
| Proceeds from sales of LHFI | $1.7B | $2.7B | $1.6B |
| Purchases of LHFI | -$491.4M | -$137.3M | -$117.2M |
| Net change in loans other than purchases and sales | -$322.5M | -$714.0M | -$5.0M |
| Purchases and originations of operating leases | -$2.1B | -$4.3B | -$6.2B |
| Proceeds from the sale and termination of operating leases | $3.5B | $4.5B | $4.6B |
| Purchases and sales of premises and equipment, net | -$235.0M | -$278.5M | -$256.1M |
| Proceeds from sale of residual interest in VIE | $96.4M | $196.7M | $63.6M |
| Net cash paid for branch disposition | -$462.3M | $0 | $0 |
| Acquisition of interest in limited partnership | -$801.7M | $0 | $0 |
| Other investing activities, net | $73.1M | $131.7M | $60.4M |
| NET CASH (USED IN) / PROVIDED BY INVESTING ACTIVITIES | -$2.1B | $3.1B | $2.1B |
| Net change in deposits and other customer accounts | $1.4B | $1.0B | -$2.1B |
| Net change in short-term borrowings | -$1.0B | $274.7M | $1.2B |
| Net proceeds from long-term borrowings | $27.6B | $33.7B | $31.4B |
| Repayments of long-term borrowings | -$33.4B | -$33.1B | -$31.8B |
| Net change in federal funds purchased and securities loaned or sold under repurchase agreements | $3.2B | $12.2M | $908.0M |
| Dividends paid on common stock and preferred stock | -$1.5B | -$1.3B | -$3.1B |
| Preferred stock offering | $0 | $0 | $1.5B |
| Other financing activities, net | -$32.3M | $36.2M | $16.7M |
| NET CASH (USED IN) / PROVIDED BY FINANCING ACTIVITIES | -$3.8B | $662.5M | -$1.9B |
| NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | -$3.9B | $4.9B | $2.1B |
Leadership
Who has led Santander Holdings USA, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerScott Powell Mar 6, 2015 to Mar 6, 201511
- Chief executive officerRoman Blanco Jul 30, 2013 to Jul 30, 201312
- Chief executive officerJorge Moran Feb 9, 2011 to Feb 9, 201113
- Chief executive officerKirk W. Walters Oct 6, 2008 to Oct 6, 200814
- Chief executive officerMarshall P. Soura Jul 18, 2007 to Mar 4, 200815
- Chief executive officerJay S. Sidhu Jan 23, 2006 to Feb 17, 200616
- Chief executive officerJames J. Lynch Feb 17, 2006 to Feb 22, 200717
- Chief executive officerJoseph P. Campanelli Feb 17, 2006 to Mar 17, 200818
- ChairMarshall P. Soura Jul 18, 2007 to Mar 4, 200815
- ChairJay S. Sidhu Jan 23, 2006 to Feb 17, 200616
- ChairJames J. Lynch Feb 17, 2006 to Feb 22, 200717
- PresidentJorge Moran Feb 9, 2011 to Feb 9, 201113
- PresidentJay S. Sidhu Jan 23, 2006 to Feb 17, 200616
- PresidentJoseph P. Campanelli Feb 17, 2006 to Mar 17, 200818
- Chief financial officerMadhukar Dayal Apr 15, 2016 to Apr 15, 201619
- Chief financial officerGerald P. Plush Apr 8, 2014 to Apr 8, 201420
- Chief financial officerKirk W. Walters Mar 5, 2008 to Oct 6, 200821
- Chief financial officerMark R. McCollom Feb 17, 2006 to Feb 26, 200822
- Chief operating officerMahesh Aditya May 17, 2017 to May 17, 201723
Board members and other officers (66)
- OfficerMaria Veltre Sep 12, 2018 to Sep 12, 201824
- Chief Accounting OfficerDavid L. Cornish May 12, 2017 to May 12, 201725
- Chief Technology OfficerDaniel Griffiths Jun 21, 2016 to Jun 21, 201626
- Chief Risk OfficerBrian M. Gunn Jul 6, 2015 to Jul 6, 201527
- See Note 1Christel Sulpizio Aug 5, 2015 to Aug 5, 201528
- See Note 1Michael Lipsitz Sep 2, 2015 to Sep 2, 201529
- Head of Comm & Corp. AffairsPeter R. Greiff Mar 24, 2014 to Mar 24, 201430
- Chief Risk OfficerJohn Corston Jun 30, 2014 to Jun 30, 201431
- Head of Tech and OpsJulio Somoza Sep 3, 2013 to Sep 3, 201332
- Head of Project MgmtMaria Calero Sep 4, 2013 to Sep 4, 201333
- Head of HR/ Corp. EfficiencyCarmen Briongos Sep 5, 2013 to Sep 5, 201334
- Chief Risk OfficerDonna M. Howe Jan 9, 2012 to Jan 9, 201235
- Managing Director - RetailDavid Dewayne Miree Jul 21, 2011 to Jul 21, 201136
- Corporate TreasurerJuan Carlos Alvarez Jul 21, 2011 to Jul 21, 201137
- Chief of StaffCarlos M. Garcia Jul 25, 2011 to Jul 25, 201138
- Mg. Dir. Global BankingFederico Papa Jul 27, 2011 to Jul 27, 201139
- OfficerEdvaldo Ailder Catalani Morata Jan 12, 2010 to Jan 12, 201040
- OfficerJose Castello Jan 12, 2010 to Jan 12, 201041
- OfficerEduardo Stock Apr 27, 2009 to Apr 27, 200942
- Head of Human ResourcesFran Simon Apr 27, 2009 to Apr 27, 200943
- ControllerGuillermo Sabater Apr 27, 2009 to Apr 27, 200944
- Chief of Staff and DirectorKeith Morgan Apr 27, 2009 to Apr 27, 200945
- OfficerNuno Matos Apr 27, 2009 to Apr 27, 200946
- Director of AuditJose Luis Estella Apr 28, 2009 to Apr 28, 200947
- Risk DirectorJuan Davila Apr 28, 2009 to Apr 28, 200948
- EVP and Mnging. Dir. RetailRoy J. Lever Feb 22, 2008 to Mar 4, 200849
- Chief of Staff & EVPSalvatore J. Rinaldi Mar 27, 2007 to Mar 5, 200850
- ControllerLarry K. Davis Feb 17, 2006 to Mar 4, 200851
- Chief Enterprise Risk Mgmt OffLawrence E. McAlee Jr. Feb 17, 2006 to Mar 17, 200852
- Chief Credit Risk Mgmt OfficerM. Robert Rose Feb 17, 2006 to Mar 17, 200853
- Chief Accounting OfficerThomas David Cestare Feb 17, 2006 to Mar 4, 200854
- TreasurerThomas R. Brugger Feb 17, 2006 to Mar 17, 200855
- Board memberHenri-Paul Griffiths Rousseau Mar 16, 2017 to Mar 16, 201756
- Board memberRazola Jose Doncel Jul 7, 2016 to Jul 7, 201657
- Board memberJavier Maldonado Apr 22, 2015 to Apr 22, 201558
- Board memberCatherine Keating Apr 29, 2015 to Apr 29, 201559
- Board memberAlan H. Fishman May 11, 2015 to May 11, 201560
- Board memberRichard Spillenkothen Jun 30, 2015 to Jun 30, 201561
- Board memberVictor Matarranz Aug 6, 2015 to Aug 6, 201562
- Board memberJuan Olaizola Sep 2, 2015 to Sep 2, 201563
- Board memberJuan Guitard Marin Jul 7, 2014 to Jul 7, 201464
- Board memberManuel Soto Jul 7, 2014 to Jul 7, 201465
- Board memberRoman Blanco Jul 30, 2013 to Jul 30, 201312
- Board memberStephen A. Ferriss Jan 27, 2012 to Jan 27, 201266
- Board memberJorge Moran Feb 9, 2011 to Feb 9, 201113
- Board memberJuan Andres Yanes Feb 10, 2011 to Feb 10, 201167
- Board memberThomas G. Dundon Apr 15, 2011 to Apr 15, 201168
- Board memberJerry A. Grundhofer Jul 15, 2011 to Jul 15, 201169
- Board memberJohn P. Hamill Apr 13, 2010 to Apr 13, 201070
- Board memberAnthony P. Terracciano Apr 27, 2009 to Apr 27, 200971
- Board memberKeith Morgan Apr 27, 2009 to Apr 27, 200945
- Board memberWolfgang Schoellkopf Apr 27, 2009 to Apr 27, 200972
- Board memberAlberto Sanchez Mar 22, 2007 to May 15, 200973
- Board memberJoseph P. Campanelli Jul 27, 2007 to Mar 17, 200874
- Board memberAndrew C. Hove Jr. Jan 10, 2006 to Oct 1, 200875
- Board memberBrian Hard Jan 10, 2006 to Oct 1, 200876
- Board memberCameron C. Troilo Jan 10, 2006 to Oct 1, 200877
- Board memberDaniel K. Rothermel Jan 10, 2006 to Apr 3, 200778
- Board memberMarian L. Heard Jan 10, 2006 to Oct 1, 200879
- Board memberP. Michael Ehlerman Jan 10, 2006 to Oct 1, 200880
- Board memberEmilio Botin Jun 7, 2006 to Jun 7, 200681
- Board memberJuan Rodriguez Inciarte Jun 7, 2006 to Jun 7, 200682
- Board memberMaria F. Ramirez Jun 8, 2006 to Oct 1, 200883
- Board memberJay S. Sidhu Oct 13, 2006 to Feb 8, 200784
- General counselChristopher Keith Pfirrman Sep 28, 2012 to Sep 28, 201285
- General counselRichard A. Toomey Apr 27, 2009 to Apr 27, 201186
Former names
- SOVEREIGN BANCORP INCApr 28, 1995 to Feb 5, 20102
Timeline
- Mar 6, 2015New chief executive Scott Powell becomes CEO11
- Jul 30, 2013New chief executive Roman Blanco becomes CEO12
- Feb 9, 2011New chief executive Jorge Moran becomes CEO13
- Nov 5, 2008Founded Santander Holdings USA, Inc. is founded87
- Nov 5, 2008Parent Directly consolidated by Santander Group87
- Oct 6, 2008New chief executive Kirk W. Walters becomes CEO14
- Jul 18, 2007New chief executive Marshall P. Soura becomes CEO15
- Feb 17, 2006New chief executive James J. Lynch becomes CEO17
- Feb 17, 2006New chief executive Joseph P. Campanelli becomes CEO18
- Jan 23, 2006New chief executive Jay S. Sidhu becomes CEO16
Recent filings
- Sep 15, 20268-K
- Aug 27, 20268-K
- Aug 20, 20268-K
- Aug 19, 20268-A12B
- Aug 19, 2026CERT NYSE CERTIFICATION
- Aug 12, 20268-K
- Aug 5, 20268-K
- Jul 31, 202610-Q
- Jul 31, 2026IRANNOTICE
- Jun 12, 20268-K
- Jun 5, 20268-K
- Jun 4, 2026424B3
- Jun 3, 2026FWP
- Jun 2, 20268-K
- Jun 2, 2026424B3
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 9
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- 11
- 12
- 13SEC EDGARJorge Moran, Chief executive officer
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24SEC EDGARMaria Veltre, Officer
- 25
- 26
- 27SEC EDGARBrian M. Gunn, Chief Risk Officer
- 28SEC EDGARChristel Sulpizio, See Note 1
- 29SEC EDGARMichael Lipsitz, See Note 1
- 30
- 31SEC EDGARJohn Corston, Chief Risk Officer
- 32SEC EDGARJulio Somoza, Head of Tech and Ops
- 33SEC EDGARMaria Calero, Head of Project Mgmt
- 34
- 35SEC EDGARDonna M. Howe, Chief Risk Officer
- 36
- 37
- 38SEC EDGARCarlos M. Garcia, Chief of Staff
- 39
- 40
- 41SEC EDGARJose Castello, Officer
- 42SEC EDGAREduardo Stock, Officer
- 43SEC EDGARFran Simon, Head of Human Resources
- 44SEC EDGARGuillermo Sabater, Controller
- 45
- 46SEC EDGARNuno Matos, Officer
- 47SEC EDGARJose Luis Estella, Director of Audit
- 48SEC EDGARJuan Davila, Risk Director
- 49
- 50
- 51SEC EDGARLarry K. Davis, Controller
- 52
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- 54
- 55SEC EDGARThomas R. Brugger, Treasurer
- 56
- 57SEC EDGARRazola Jose Doncel, Board member
- 58SEC EDGARJavier Maldonado, Board member
- 59SEC EDGARCatherine Keating, Board member
- 60SEC EDGARAlan H. Fishman, Board member
- 61SEC EDGARRichard Spillenkothen, Board member
- 62SEC EDGARVictor Matarranz, Board member
- 63SEC EDGARJuan Olaizola, Board member
- 64SEC EDGARJuan Guitard Marin, Board member
- 65SEC EDGARManuel Soto, Board member
- 66SEC EDGARStephen A. Ferriss, Board member
- 67SEC EDGARJuan Andres Yanes, Board member
- 68SEC EDGARThomas G. Dundon, Board member
- 69SEC EDGARJerry A. Grundhofer, Board member
- 70SEC EDGARJohn P. Hamill, Board member
- 71SEC EDGARAnthony P. Terracciano, Board member
- 72SEC EDGARWolfgang Schoellkopf, Board member
- 73SEC EDGARAlberto Sanchez, Board member
- 74SEC EDGARJoseph P. Campanelli, Board member
- 75SEC EDGARAndrew C. Hove Jr., Board member
- 76SEC EDGARBrian Hard, Board member
- 77SEC EDGARCameron C. Troilo, Board member
- 78SEC EDGARDaniel K. Rothermel, Board member
- 79SEC EDGARMarian L. Heard, Board member
- 80SEC EDGARP. Michael Ehlerman, Board member
- 81SEC EDGAREmilio Botin, Board member
- 82
- 83SEC EDGARMaria F. Ramirez, Board member
- 84SEC EDGARJay S. Sidhu, Board member
- 85
- 86SEC EDGARRichard A. Toomey, General counsel
- 87