Banco Santander stock climbs after Webster deal closes
Published on 08/22/2026 at 07:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Banco Santander, S.A. (ES0113900019) climbed after the bank completed its Webster Financial acquisition and reported first-half net profit of EUR 8.973 billion, up 31% year over year.
The shares advanced 2.65% to EUR 12.50 on August 21, 2026, while the enlarged U.S. franchise now carries nearly $327 billion in assets, $185 billion in loans and $172 billion in deposits as of December 31, 2025.
Webster deal closes
A recent report said Santander issued 329,846,438 new ordinary shares at EUR 0.50 each after the Webster transaction closed, with trading in the new shares expected to begin on August 26, 2026.
The deal value was put at $12.3 billion, and the capital increase approved on March 27, 2026, underlines how large the transaction is in relation to the group's current earnings base.
First-half strength
In the first half of 2026, Santander said its profit reached EUR 8.973 billion, a 31% increase from the same period a year earlier, which gives the Webster purchase a cleaner scale story than a pure volume story.
With assets of nearly $327 billion, loans of $185 billion and deposits of $172 billion at December 31, 2025, the combined U.S. franchise gives the bank more balance-sheet depth at a time when European lenders are still being judged on capital use.
More on Santander products
Santander's retail and commercial banking model still revolves around deposits, lending, payments and wealth management across Europe and the Americas, with the Webster integration adding more U.S. banking scale.
Shares and valuation
At EUR 12.50 on August 21, 2026, the stock was trading after a 2.65% rise, and the move left the market weighing the completed acquisition against the bank's EUR 8.973 billion first-half profit figure.
More on Banco Santander stock
Company: Banco Santander, S.A. ISIN: ES0113900019 Ticker: SAN Exchange: BME Price (as of August 21, 2026): EUR 12.50 Market cap: EUR 175.233 billion Sector / Industry: Financials / Diversified Banks Index membership: IBEX 35 Next earnings date: October 29, 2026
