Santander Bank
Santander Bank reported total assets of $104.0 bn at Q2 2026, up 0.6% on a year earlier, the 32nd largest of 497 banks in our US coverage. The CET1 capital ratio at Santander Bank was 20.26%, and the uninsured share of Santander Bank was 34.05%. Source: FDIC Call Reports.
Key takeaways
- On efficiency ratio, Santander Bank climbed from 367th to 142nd among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Santander Bank has taken over one institution; the latest was Webster Bank, National Association on (FDIC Call Reports).
- Santander Bank has one of the highest tier 1 leverage ratio readings among banks of over $100 bn: 12.48% at , against a median of 9.44% across 32 banks (FDIC Call Reports).
What sets Santander Bank apart
- At 1.84%, the noncurrent loans to total loans of Santander Bank sits in the top tenth of its size group (over $100 bn, 32 banks), where the median is 0.85%.
- Among the 32 banks of over $100 bn, few report a lower return on equity (ROE) than Santander Bank, at 7.54% in ; the group median is 12.56%.
- Santander Bank has one of the highest common equity tier 1 (CET1) ratio readings among banks of over $100 bn: 20.26% at , against a median of 13.06% across 32 banks.
How large is Santander Bank?
The balance sheet of Santander Bank at : assets $104.0 bn, deposits $84.4 bn, net loans $57.3 bn (loans equal to 67.86% of deposits). Securities make up 19.0% of total assets at Santander Bank. Since , when Santander Bank held $92.3 bn, its assets grew 12.7%. In the year to , deposits at Santander Bank rose 6.1% while its total assets rose 0.6%. At , Santander Bank employed 5,678 full-time equivalent staff across 368 offices, about $18.3 mn of assets per employee and $229.3 mn of deposits per office.
How much funding at Santander Bank is uninsured?
At Santander Bank, uninsured deposits (above the FDIC limit) made up 34.05% of domestic deposits at (-2.65 pp on a year earlier); Santander Bank ranks 257th of 500 on this measure. In dollars, Santander Bank estimated $26.9 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $84.4 bn | +6.1% | 32nd of 499 |
| Net loans and leases | $57.3 bn | +17.9% | 33rd of 500 |
| Loan-to-deposit ratio | 67.86% | +6.78 pp | 430th of 500 |
| Tier 1 leverage ratio | 12.48% | +0.46 pp | 79th of 500 |
| Total risk-based capital ratio | 21.53% | +1.51 pp | 30th of 448 |
| Net interest margin | 3.30% | +0.60 pp | 347th of 500 |
| Return on assets (ROA) | 1.00% | +0.03 pp | 383rd of 500 |
| Efficiency ratio | 50.18% | -13.89 pp | 142nd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $1.4 bn | Widened by $71.4 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $629.0 mn | Narrowed by $111.5 mn | |
| Noncurrent loans to total loans | 1.84% | -0.22 pp | 448th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.55% | -0.25 pp | 447th of 500 (1 = lowest) |
US rank of Santander Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Santander Bank: assets, deposits and loans
- Total assets $104bn
- Deposits $84.4bn
- Net loans $57.3bn
Capital and securities
The CET1 ratio of Santander Bank stood at 20.26% in , +1.49 pp year on year. Low and high at Santander Bank since : 13.92% () to 20.74% (). Equity capital of Santander Bank at : $13.8 bn, or 13.3% of total assets. Santander Bank also reported a total capital ratio of 21.53% for , and a tier 1 leverage ratio of 12.48%.
On held-to-maturity securities, Santander Bank carried an unrealized loss of $1.4 bn at , equal to 10.2% of equity capital. The loss widened by $71.4 mn over the year. Its deepest point: $1.6 bn in . The available-for-sale portfolio of Santander Bank showed an unrealized loss of $629.0 mn at ; the loss narrowed by $111.5 mn over the year.
Santander Bank: capital ratios
- Total capital 22%
- CET1 20%
- Tier 1 leverage 12%
Santander Bank: unrealized securities gains and losses
- Available for sale -$629mn
- Held to maturity -$1.4bn
Profitability and loan quality
For the year to , Santander Bank earned a return on equity of 7.54%; return on assets: 1.00%. Net interest margin at Santander Bank: 3.30%, +0.60 pp in a year. Santander Bank net income: $523.2 mn, up 4.3% year on year. The efficiency ratio of Santander Bank was 50.18%: about 50 cents cost per revenue dollar, against 59 cents at the median peer.
At , noncurrent loans were 1.84% of total loans at Santander Bank; net charge-offs: 0.55% of average loans. Gross loans and leases at Santander Bank: $59.1 bn, up 18.7% in a year.
Santander Bank: profitability
- Return on equity 7.5%
- Net interest margin 3.3%
- Return on assets 1.0%
Peer group of Santander Bank
The peer group of Santander Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of Santander Bank (national bank), 3 sit in the same size group (over $100 bn) and 0 have head offices in Delaware. Against them, Santander Bank shows CET1 ratio 20.26% against a peer median of 14.46%, return on equity 7.54% against a peer median of 15.91% and uninsured deposit share 34.05% against a peer median of 37.63%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| UBS Bank USA | National bank | UT | $124.4 bn | 26.74% | 14.19% | 37.16% | |
| Synchrony Bank | Federal savings bank | UT | $115.2 bn | 14.35% | 22.07% | 11.92% | |
| USAA Federal Savings Bank | Federal savings bank | AZ | $106.2 bn | 16.89% | 17.44% | 5.19% | |
| Santander Bank | National bank | DE | $104.0 bn | 20.26% | 7.54% | 34.05% | |
| City National Bank | National bank | CA | $99.1 bn | 14.57% | 8.15% | 55.45% | |
| Western Alliance Bank | State member bank | AZ | $98.6 bn | 11.58% | 14.37% | 38.09% | |
| Zions Bancorporation | National bank | UT | $89.0 bn | 11.83% | 18.57% | 46.17% | |
. FDIC Call Reports.
Last eight quarters
Two years at Santander Bank, to : assets +2.2%, deposits +10.1%, equity +10.1%. Staff 4,415 to 5,678; offices 404 to 368.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $101.7 bn | $102.7 bn | $104.6 bn | $103.4 bn | $97.7 bn | $104.1 bn | $106.1 bn | $104.0 bn |
| Total deposits | $76.6 bn | $76.9 bn | $80.8 bn | $79.5 bn | $74.4 bn | $82.1 bn | $85.6 bn | $84.4 bn |
| Bank equity capital | $12.6 bn | $12.6 bn | $12.8 bn | $13.2 bn | $13.6 bn | $14.2 bn | $13.6 bn | $13.8 bn |
| CET1 ratio | 16.91% | 17.67% | 17.88% | 18.77% | 19.50% | 20.74% | 19.72% | 20.26% |
| Return on equity (ROE) | 5.62% | 5.16% | 4.28% | 7.78% | 8.91% | 10.46% | 7.57% | 7.54% |
| Uninsured share of domestic deposits | 38.24% | 36.35% | 36.54% | 36.70% | 35.48% | 35.74% | 34.49% | 34.05% |
| Full-time equivalent employees | 4,415 | 4,316 | 5,407 | 5,400 | 5,217 | 5,787 | 5,787 | 5,678 |
| Number of offices | 404 | 401 | 401 | 400 | 381 | 373 | 373 | 368 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Santander Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Webster Bank, National Association (FDIC certificate 18221).
Questions and identifiers
What were the total assets of Santander Bank?
Santander Bank reported $104.0 bn at in its Call Report. That makes Santander Bank the 32nd largest of 497 banks in our US coverage.
Is Santander Bank the same as its holding company?
No. This page covers Santander Bank, FDIC certificate 29950; BANCO SANTANDER SA (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Santander Bank profitable?
Santander Bank reported net income of $523.2 mn for the year to ; annualized return on equity: 7.54%. So yes: Santander Bank made a profit over these months.
When is data for Santander Bank next updated?
Figures from Santander Bank for are due after .
Where can I check the figures for Santander Bank?
In the FDIC BankFind Suite record for certificate 29950, and in the Call Reports of Santander Bank (RSSD ID 722777) at the FFIEC Central Data Repository.