SNUS-PH on NYSE

Santander Holdings USA, Inc.

American national commercial bank based in Boston, incorporated in Virginia.

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Last updated Oct 18, 2026.

Overview

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  • TickerSNUS-PH on NYSE
  • IndustryNational Commercial Banks
  • HeadquartersBoston, United States
  • Incorporated inVA2
  • Business address75 State Street, Boston, Ma 021092
  • Filer categoryNon-accelerated filer2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

13.2%Return on equity3
1.83×Debt to equity4
$8.3BFree cash flow5

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.

  1. Asset And Wealth Management Fees$343.0M629%up 18% from 2024
  2. Commission And Trailer Fees$318.8M627%up 16% from 2024
  3. Underwriting Service Fees$306.4M626%up 17% from 2024
  4. Depository Services$128.3M611%up 2% from 2024
  5. Interchange Income$80.2M67%down 3% from 2024
  6. Other Products And Servi$7.8M61%up 80% from 2024
Products and services by year
Products and services202320242025
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

Revenue4$0 in 2021
02019: $0$020192020: $0$020202021: $0$02021
Net income435$3.0B in 2021+296% since 2019
-$1.0B0$1.0B$2.0B$3.0B2019: $753.2M$753.2M20192020: -$840.4M-$840.4M20202021: $3.0B$3.0B2021

Every line of the income statement in the latest annual report, as filed.6

Period ending2025-12-312024-12-312023-12-31
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

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Leadership

Who has led Santander Holdings USA, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (66)

Former names

  • SOVEREIGN BANCORP INCApr 28, 1995 to Feb 5, 20102

Timeline

  1. Mar 6, 2015New chief executive Scott Powell becomes CEO11
  2. Jul 30, 2013New chief executive Roman Blanco becomes CEO12
  3. Feb 9, 2011New chief executive Jorge Moran becomes CEO13
  4. Nov 5, 2008Founded Santander Holdings USA, Inc. is founded87
  5. Nov 5, 2008Parent Directly consolidated by Santander Group87
  6. Oct 6, 2008New chief executive Kirk W. Walters becomes CEO14
  7. Jul 18, 2007New chief executive Marshall P. Soura becomes CEO15
  8. Feb 17, 2006New chief executive James J. Lynch becomes CEO17
  9. Feb 17, 2006New chief executive Joseph P. Campanelli becomes CEO18
  10. Jan 23, 2006New chief executive Jay S. Sidhu becomes CEO16

Recent filings

  1. Sep 15, 20268-K
  2. Aug 27, 20268-K
  3. Aug 20, 20268-K
  4. Aug 19, 20268-A12B
  5. Aug 19, 2026CERT NYSE CERTIFICATION
  6. Aug 12, 20268-K
  7. Aug 5, 20268-K
  8. Jul 31, 202610-Q
  9. Jul 31, 2026IRANNOTICE
  10. Jun 12, 20268-K
  11. Jun 5, 20268-K
  12. Jun 4, 2026424B3
  13. Jun 3, 2026FWP
  14. Jun 2, 20268-K
  15. Jun 2, 2026424B3

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1

Sources

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