• Santander received Federal Reserve clearance to buy Webster Financial, setting up an expected closing on Aug. 20, 2026.
• Earlier clearances came from the OCC on June 12, 2026, with ECB authorization on July 21, 2026.
• Most Webster businesses are slated to move into Santander Bank, N.A. once the deal closes.
• Santander targets about 18% RoTE by 2028 from the combined US business.
• The deal is projected to add about 7-8% to earnings per share, with an estimated 15% return on invested capital by 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webster Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260804258528) on August 04, 2026, and is solely responsible for the information contained therein.