Overview
- TickerSNUS-PH on NYSE2
- IndustryNational Commercial Banks2
- HeadquartersBoston, United States2
- Incorporated inVA3
- Business address75 State Street, Boston, Ma 021093
- Filer categoryNon-accelerated filer3
- Legal formStock Corporation2
- LEI549300SMVCQN2P0O6I582
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O Corporation Service Company, 23219-4100 Richmond, United States2
- Registered withState Corporation Commission, 070188232
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SHUSA is the parent holding company of SBNA, a national banking association; SC, a consumer finance company headquartered in Dallas, Texas; BSI, a wholly-owned subsidiary of SBNA, a financial services company headquartered in Miami, Florida that offers a full range of banking services to foreign individuals and corporations based primarily in Latin America; SanCap, an institutional broker-dealer headquartered in New York which has significant capabilities in market-making via an experienced fixed-income sales and trading team and a focus on structuring and advisory services for asset originators in the real estate and specialty finance markets; SSLLC, a broker-dealer headquartered in Boston, Massachusetts; and several other subsidiaries. SHUSA is headquartered in Boston and SBNA's home office is in Wilmington, Delaware. SSLLC is a registered investment adviser with the SEC. SHUSA's two l…4 From its latest annual report
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 as filed: the last 3 fiscal years, latest first.8
| 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 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| 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 | -$6.8B |
| 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 | $500.0M |
| 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 | $17.4B |
| 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 |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| 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 | -$6.8B |
| 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 | $500.0M |
| 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 | $17.4B |
| 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 as filed: the last 3 fiscal years, latest first.8
| 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 |
No quarter-by-quarter statement was filed.
Corporate structure
Santander Holdings USA, Inc. is part of a group headed by Santander Group. 812 entities, 30 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- Santander Group Santander, Spain
- Banco Santander (Brasil) Sao Paulo, Brazil
- SANTANDER DIAMANTINA MULTIMERCADO CREDITO PRIVADO - FIF (SANTANDER DIAMANTINA MULTIMERCADO CRÉDITO PRIVADO - FIF) Fund · Sao Paulo, Brazil
- Banco Santander-Chile Santiago, Chile
- SANTANDER CORREDORES DE BOLSA LIMITADA Subsidiary · Santiago, Chile
- Diners Club Spain Madrid, Spain
- EBURY PARTNERS LIMITED London, United Kingdom
- EBURY BRASIL PARTICIPACOES S.A. São Paulo, Brazil
- EBURY FACILITADORA DE PAGAMENTOS LTDA São Paulo, Brazil
- EBURY MASS PAYMENTS LIMITED High Wycombe, United Kingdom
- EBURY PAYMENTS PTE. LTD Singapore, Singapore
- EBURY TECHNOLOGY LIMITED London, United Kingdom
- TRANS SKILLS STH AFRICA Gauteng, South Africa
- شركة ترانز سكيلز لتقنية المعلومات شركة شخص واحد Riyadh, Saudi Arabia
- 宜佰利商务咨询（上海）有限公司 Shanghai, China
- EBURY MASS PAYMENTS HOLDCO LIMITED Subsidiary · London, United Kingdom
- 1 more
- EBURY PARTNERS (DIFC) LIMITED Subsidiary · Dubai, United Arab Emirates
- EBURY PARTNERS AUSTRALIA PTY LTD Subsidiary · North Sydney, Australia
- 1 more
- EBURY PARTNERS BELGIUM Subsidiary · Bruxelles, Belgium
- 4 more
- EBURY PARTNERS CHILE SPA Subsidiary · Santiago De Chile, Chile
- EBURY PARTNERS FINANCE LTD Subsidiary · London, United Kingdom
- EBURY PARTNERS HONG KONG LIMITED Subsidiary · Central, Hong Kong
- EBURY PARTNERS LITHUANIA UAB Subsidiary · Vilnius, Lithuania
- EBURY PARTNERS MARKETS LTD Subsidiary · London, United Kingdom
- EBURY PARTNERS MEXICO Subsidiary · Coyoacan, Mexico
- EBURY PARTNERS SOUTH AFRICA Subsidiary · Gauteng, South Africa
- EBURY PARTNERS SWITZERLAND AG Subsidiary · Zürich, Switzerland
- EBURY PARTNERS UK LIMITED Subsidiary · London, United Kingdom
- SANTANDER ASSET MANAGEMENT, S.A., SGIIC Madrid, Spain
- SANTANDER ASSET MANAGEMENT GERENTE DE FONDOS COMUNES DE INVERSION S. A. Buenos Aires, Argentina
- ALTAIR INVERSIONES, FI Fund · Madrid, Spain
- BANESTO 95 SELECCION MUNDIAL, FI Fund · Boadilla del Monte, Spain
- BANESTO FONDORED GLOBAL EQUILIBRADO, FI Fund · Boadilla del Monte, Spain
- BANESTO FONDORED GLOBAL PRUDENTE, FI Fund · Boadilla del Monte, Spain
- BANESTO GARANTIZADO SELECC. EUROPA 2, FI Fund · Boadilla del Monte, Spain
- BANESTO GARANTIZADO SELECCION EUROPA, FI Fund · Boadilla del Monte, Spain
- BANESTO GARANTIZADO SELECCION MUNDIAL 2, FI Fund · Boadilla del Monte, Spain
- BANESTO GARANTIZADO SELECCION MUNDIAL,FI Fund · Boadilla del Monte, Spain
- BANESTO MIXTO RENTA FIJA 75-25, FI Fund · Boadilla del Monte, Spain
- BANESTO MIXTO RENTA FIJA 90-10, FI Fund · Boadilla del Monte, Spain
- EUROVALOR EUROPA DEL ESTE, FI Fund · Madrid, Spain
- INNOVA INVERSION GLOBAL, FI Fund · Madrid, Spain
- SANTANDER 104 USA, FI Fund · Boadilla del Monte, Spain
- SANTANDER 95 DOLAR, FI Fund · Madrid, Spain
- SANTANDER 95 OBJETIVO USA, FI Fund · Madrid, Spain
- SANTANDER ACCIONES USA, FI Fund · Madrid, Spain
- SANTANDER COMPROMISO SOLIDARIO, FI Fund · Madrid, Spain
- SANTANDER CORTO PLAZO DOLAR, FI Fund · Madrid, Spain
- SANTANDER CORTO PLAZO, FI Fund · Madrid, Spain
- SANTANDER DEUDA CORTO PLAZO, FI Fund · Madrid, Spain
- SANTANDER DIVIDENDO EUROPA, FI Fund · Madrid, Spain
- SANTANDER EUROINDICE, FI Fund · Boadilla del Monte, Spain
- SANTANDER EUROPEAN HOSPITALITY OPPORTUNITIES Fund · Madrid, Spain
- SANTANDER GO RETORNO ABSOLUTO, FI Fund · Madrid, Spain
- and 220 more
- Santander Consumer Finance Boadilla Del Monte, Spain
- Santander Consumer Bank Lysaker, Norway
- 1 more
- Stellantis Financial Services España, EFC, S.A. Subsidiary · 50% · Madrid, Spain
- BANCO SANTANDER CONSUMER PORTUGAL S.A. Subsidiary · Boadilla Del Monte, Spain
- FINANCIERA EL CORTE INGLES EFC SA Subsidiary · Madrid, Spain
- Hyundai Capital Bank Europe GmbH Subsidiary · Frankfurt am Main, Germany
- Open Group Deutschland Holding GmbH Subsidiary · Mönchengladbach, Germany
- SANTANDER CONSUMER BANK Subsidiary · Edmonton, Alberta, Canada
- SANTANDER CONSUMER BANK S.P.A. Subsidiary · Torino, Italy
- 2 more
- Santander Consumer Banque Subsidiary · France
- SANTANDER CONSUMER FINANCE SCHWEIZ AG Subsidiary · Schlieren, Switzerland
- Santander Consumer Leasing GmbH Subsidiary · Mönchengladbach, Germany
- SANTANDER CONSUMER LEASING S.A Subsidiary · Levallois-Perret, France
- OPEN BANK, S.A., SUCCURSALE EN BELGIQUE Branch · Boadilla Del Monte, Spain
- SANTANDER CONSUMER FINANCE S.A. Branch · Boadilla Del Monte, Spain
- 2 more
- Santander Consumer Finance S.A. Branche Nederland Branch · Boadilla Del Monte, Spain
- Santander Consumer Bank Lysaker, Norway
- SANTANDER GREEN INVESTMENT SL Madrid, Spain
- ELCANO RENOVABLES SL Madrid, Spain
- 2 more
- ELCANO RENOVABLES SL Madrid, Spain
- Santander Holdings USA, Inc. Boston, Massachusetts, United States
- Santander Bank, N.A. Subsidiary · Boston, Massachusetts, United States
- SANTANDER INVESTMENT SECURITIES INC. Subsidiary · New York, New York, United States
- and 1 more
- SANTANDER UK GROUP HOLDINGS PLC London, United Kingdom
- SANTANDER EQUITY INVESTMENTS LIMITED London, United Kingdom
- 1 more
- Santander UK London, United Kingdom
- 18 more
- SANTANDER FINANCIAL SERVICES PLC Subsidiary · London, United Kingdom
- SANTANDER EQUITY INVESTMENTS LIMITED London, United Kingdom
- Abbey National Subsidiary · United Kingdom
- Alliance & Leicester International Subsidiary · Douglas
- Banco Real Subsidiary · São Paulo
- Banco Santander (Portugal) Subsidiary · Lisbon
- Banco Santander (Uruguay) Subsidiary
- Banco Santander México, S.A. Subsidiary · Álvaro Obregón
- Banesto Subsidiary · Madrid
- Cater Allen Subsidiary · London, United Kingdom
- Openbank Subsidiary · Madrid, Spain
- RoadLoans Subsidiary · Dallas
- Santander Subsidiary · Mönchengladbach, Germany
- Santander Bank Subsidiary · Boston
- 1 more
- Merlin Properties Stake · 22% · Madrid, Spain
- 5 more
- SANTANDER INSURANCE SL Subsidiary · 100% · Boadilla Del Monte, Spain
- ABENT 3T S A P I DE CV Subsidiary · 99.99% · Ciudad de México, Mexico
- SANTANDER DE TITULIZACION SOCIEDAD GESTORA DE FONDOS DE TITULIZACION SA Subsidiary · 81% · Madrid, Spain
- CEREZO FONDO DE TITULIZACION Fund · Madrid, Spain
- F.T.A. PROGRAMA INDEPENDIENTE DE TITULIZ. DE CED. HIPOTECARIA Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS SANTANDER CONSUMER SPAIN AUTO 2014-1 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS SANTANDER FINANCIACION 1 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS SANTANDER HIPOTECARIO 2 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS SANTANDER HIPOTECARIO 3 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS UCI 11 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS UCI 14 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS UCI 16 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS, UCI 15 Fund · Madrid, Spain
- FONDO DE TITULIZACION DE ACTIVOS, UCI 17 Fund · Madrid, Spain
- FONDO DE TITULIZACION HIPOTECARIA UCI 10 Fund · Madrid, Spain
- FONDO DE TITULIZACION HIPOTECARIA UCI 12 Fund · Madrid, Spain
- FONDO DE TITULIZACION MAGDALENA 14 Fund · Madrid, Spain
- FONDO DE TITULIZACION PYMES MAGDALENA Fund · Madrid, Spain
- FONDO DE TITULIZACION PYMES MAGDALENA 2 Fund · Madrid, Spain
- FONDO DE TITULIZACION PYMES MAGDALENA 3 Fund · Madrid, Spain
- FONDO DE TITULIZACION SANTANDER CONSUMER SPAIN AUTO 2016-1 Fund · Madrid, Spain
- FONDO DE TITULIZACION SANTANDER CONSUMER SPAIN AUTO 2016-2 Fund · Madrid, Spain
- FONDO DE TITULIZACION SANTANDER CONSUMO 10 Fund · Madrid, Spain
- FONDO DE TITULIZACION SANTANDER CONSUMO 11 Fund · Madrid, Spain
- FONDO DE TITULIZACION SANTANDER RESIDENTIAL 1 Fund · Madrid, Spain
- FONDO DE TITULIZACION STRUCTURED COVERED BONDS UCI Fund · Madrid, Spain
- FONDO DE TITULIZACION TRIESTE Fund · Madrid, Spain
- FONDO DE TITULIZACION, CIMA SPAIN Fund · Madrid, Spain
- and 37 more
- and 87 more
- Banco Santander (Brasil) Sao Paulo, Brazil
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.
What it owns
What Santander Holdings USA, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $3.7B8 Dec 31, 2025 | $3.4B8 Dec 31, 2024 | +8.8% |
| Accumulated depreciation | $2.8B8 Dec 31, 2025 | $2.5B8 Dec 31, 2024 | +14.4% |
| Property and equipment, net | $936.3M8 Dec 31, 2025 | $987.0M8 Dec 31, 2024 | −5.1% |
| Operating-lease assets (leased space) | $415.3M8 Dec 31, 2025 | $493.2M8 Dec 31, 2024 | −15.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $14.4B8 Dec 31, 2025 | $18.5B8 Dec 31, 2024 | −22.5% |
| Equity securities at fair value | $1.0B8 Dec 31, 2025 | $56.5M8 Dec 31, 2024 | +1706.4% |
| Stakes in other companies (equity method) | $437.2M8 Dec 31, 2025 | $262.4M8 Dec 31, 2024 | +66.6% |
| Loans, net of allowance | $76.9B8 Dec 31, 2025 | $80.7B8 Dec 31, 2024 | −4.8% |
| Deposits held (banks) | $79.0B8 Dec 31, 2025 | $78.1B8 Dec 31, 2024 | +1.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $2.8B8 Dec 31, 2025 | $2.8B8 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $214.0M8 Dec 31, 2025 | $248.9M8 Dec 31, 2024 | −14.0% |
| Indefinite-lived intangibles (excluding goodwill) | $08 Dec 31, 2025 | $08 Dec 31, 2024 | |
| Accumulated amortization | $478.6M8 Dec 31, 2025 | $443.8M8 Dec 31, 2024 | +7.8% |
| Finite-lived intangibles, net | $214.0M8 Dec 31, 2025 | $248.9M8 Dec 31, 2024 | −14.0% |
Properties, in its own words
As of December 31, 2025, the Company utilized 404 buildings that occupy a total of 2.3 million square feet, including 82 owned properties with 0.4 million square feet, and 322 leased properties with 1.9 million square feet. The executive and primary administrative offices for SHUSA and SBNA are located at 75 State Street, Boston, Massachusetts. The Company leases this location. SC's corporate headquarters are located at 1601 Elm Street, Dallas, Texas. SC leases this location. SanCap's primary administrative office is located at 437 Madison Ave, New York, New York. BSI's corporate headquarters are located at 830 Brickell Plaza, Miami, Florida. BSI leases this location.
Seven major buildings serve as the headquarters or house significant operational and administrative functions, and are:
The rest of Item 2
Operations Center - 1 Enterprise Drive, Quincy, Massachusetts - Leased
SHUSA/SBNA Administrative Offices - 75 State Street, Boston, Massachusetts - Leased
SC Administrative Offices - 1601 Elm Street, Dallas, Texas - Leased
BSI Operations and Administrative Offices - 830 Brickell Plaza, Miami, Florida - Leased
SHUSA/SBNA Operations and Administrative Offices - 3390 Mary Street, Miami, Florida - Leased
SanCap Headquarters and Administrative Offices - 437 Madison Ave, New York, New York - Leased
SanCap and SBNA Operation and Administrative Offices - 200 Liberty Street, New York, New York 10006 - Leased
The majority of these seven Company properties identified above are utilized for general corporate purposes. The remaining 397 properties consist primarily of bank branches and lending offices. Of the total number of buildings, SBNA has approximately 372 retail branches.
For additional information regarding the Company's properties refer to Note 5 - "Premises and Equipment" and Note 7 - "Other Assets" in the Notes to Consolidated Financial Statements in Item 8 of this Report.
Item 2 of the 10-K filed Mar 2, 2026.4
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
2010201520202025
- Chief executive officerScott Powell Mar 6, 2015 to Mar 6, 201513
- Chief executive officerRoman Blanco Jul 30, 2013 to Jul 30, 201314
- Chief executive officerJorge Moran Feb 9, 2011 to Feb 9, 201115
- Chief executive officerKirk W. Walters Oct 6, 2008 to Oct 6, 200816
- Chief executive officerMarshall P. Soura Jul 18, 2007 to Mar 4, 200817
- Chief executive officerJay S. Sidhu Jan 23, 2006 to Feb 17, 200618
- Chief executive officerJames J. Lynch Feb 17, 2006 to Feb 22, 200719
- Chief executive officerJoseph P. Campanelli Feb 17, 2006 to Mar 17, 200820
- ChairMarshall P. Soura Jul 18, 2007 to Mar 4, 200817
- ChairJay S. Sidhu Jan 23, 2006 to Feb 17, 200618
- ChairJames J. Lynch Feb 17, 2006 to Feb 22, 200719
- PresidentJorge Moran Feb 9, 2011 to Feb 9, 201115
- PresidentJay S. Sidhu Jan 23, 2006 to Feb 17, 200618
- PresidentJoseph P. Campanelli Feb 17, 2006 to Mar 17, 200820
- Chief financial officerMadhukar Dayal Apr 15, 2016 to Apr 15, 201621
- Chief financial officerGerald P. Plush Apr 8, 2014 to Apr 8, 201422
- Chief financial officerKirk W. Walters Mar 5, 2008 to Oct 6, 200823
- Chief financial officerMark R. McCollom Feb 17, 2006 to Feb 26, 200824
- Chief operating officerMahesh Aditya May 17, 2017 to May 17, 201725
Board members and other officers (71)
- OfficerMaria Veltre Sep 12, 2018 to Sep 12, 201826
- Chief Accounting OfficerDavid L. Cornish May 12, 2017 to May 12, 201727
- Chief Technology OfficerDaniel Griffiths Jun 21, 2016 to Jun 21, 201628
- Chief Risk OfficerBrian M. Gunn Jul 6, 2015 to Jul 6, 201529
- See Note 1Christel Sulpizio Aug 5, 2015 to Aug 5, 201530
- See Note 1Kenneth Michael Goldman Sep 2, 2015 to Sep 2, 201531
- See Note 1Michael Lipsitz Sep 2, 2015 to Sep 2, 201532
- Chief Risk Mgmt OfficerCastro Gonzalez Alfonso De Mar 24, 2014 to Mar 24, 201433
- Head of Comm & Corp. AffairsPeter R. Greiff Mar 24, 2014 to Mar 24, 201434
- Chief Risk OfficerJohn Corston Jun 30, 2014 to Jun 30, 201435
- Head of Tech and OpsJulio Somoza Sep 3, 2013 to Sep 3, 201336
- Head of Project MgmtMaria Calero Sep 4, 2013 to Sep 4, 201337
- Head of HR/ Corp. EfficiencyCarmen Briongos Sep 5, 2013 to Sep 5, 201338
- Chief Risk OfficerDonna M. Howe Jan 9, 2012 to Jan 9, 201239
- Managing Director - RetailDavid Dewayne Miree Jul 21, 2011 to Jul 21, 201140
- Corporate TreasurerJuan Carlos Alvarez Jul 21, 2011 to Jul 21, 201141
- Mg. Dir. Global BankingFederico Papa Jul 27, 2011 to Jul 27, 201142
- OfficerEdvaldo Ailder Catalani Morata Jan 12, 2010 to Jan 12, 201043
- OfficerJose Castello Jan 12, 2010 to Jan 12, 201044
- OfficerEduardo Stock Apr 27, 2009 to Apr 27, 200945
- Head of Human ResourcesFran Simon Apr 27, 2009 to Apr 27, 200946
- ControllerGuillermo Sabater Apr 27, 2009 to Apr 27, 200947
- Chief of Staff and DirectorKeith Morgan Apr 27, 2009 to Apr 27, 200948
- OfficerNuno Matos Apr 27, 2009 to Apr 27, 200949
- Director of AuditJose Luis Estella Apr 28, 2009 to Apr 28, 200950
- Risk DirectorJuan Davila Apr 28, 2009 to Apr 28, 200951
- EVP and Mnging. Dir. RetailRoy J. Lever Feb 22, 2008 to Mar 4, 200852
- Chief of Staff & EVPSalvatore J. Rinaldi Mar 27, 2007 to Mar 5, 200853
- Managing DirectorMatthew A. Kerin Oct 30, 2007 to Mar 4, 200854
- Vice chairLawrence M. Thompson Jr. Jan 23, 2006 to Jan 9, 200755
- ControllerLarry K. Davis Feb 17, 2006 to Mar 4, 200856
- Chief Enterprise Risk Mgmt OffLawrence E. McAlee Jr. Feb 17, 2006 to Mar 17, 200857
- Chief Credit Risk Mgmt OfficerM. Robert Rose Feb 17, 2006 to Mar 17, 200858
- Chief Accounting OfficerThomas David Cestare Feb 17, 2006 to Mar 4, 200859
- TreasurerThomas R. Brugger Feb 17, 2006 to Mar 17, 200860
- Board memberHenri-Paul Griffiths Rousseau Mar 16, 2017 to Mar 16, 201761
- Board memberRazola Jose Doncel Jul 7, 2016 to Jul 7, 201662
- Board memberJavier Maldonado Apr 22, 2015 to Apr 22, 201563
- Board memberCatherine Keating Apr 29, 2015 to Apr 29, 201564
- Board memberAlan H. Fishman May 11, 2015 to May 11, 201565
- Board memberRichard Spillenkothen Jun 30, 2015 to Jun 30, 201566
- Board memberVictor Matarranz Aug 6, 2015 to Aug 6, 201567
- Board memberJuan Olaizola Sep 2, 2015 to Sep 2, 201568
- Board memberJuan Guitard Marin Jul 7, 2014 to Jul 7, 201469
- Board memberManuel Soto Jul 7, 2014 to Jul 7, 201470
- Board memberThomas Timothy Ryan Dec 4, 2014 to Dec 4, 201471
- Board memberRoman Blanco Jul 30, 2013 to Jul 30, 201314
- Board memberStephen A. Ferriss Jan 27, 2012 to Jan 27, 201272
- Board memberJorge Moran Feb 9, 2011 to Feb 9, 201115
- Board memberJuan Andres Yanes Feb 10, 2011 to Feb 10, 201173
- Board memberThomas G. Dundon Apr 15, 2011 to Apr 15, 201174
- Board memberJerry A. Grundhofer Jul 15, 2011 to Jul 15, 201175
- Board memberAnthony P. Terracciano Apr 27, 2009 to Apr 27, 200976
- Board memberKeith Morgan Apr 27, 2009 to Apr 27, 200948
- Board memberWolfgang Schoellkopf Apr 27, 2009 to Apr 27, 200977
- Board memberAlberto Sanchez Mar 22, 2007 to May 15, 200978
- Board memberJoseph P. Campanelli Jul 27, 2007 to Mar 17, 200879
- Board memberAndrew C. Hove Jr. Jan 10, 2006 to Oct 1, 200880
- Board memberBrian Hard Jan 10, 2006 to Oct 1, 200881
- Board memberCameron C. Troilo Jan 10, 2006 to Oct 1, 200882
- Board memberDaniel K. Rothermel Jan 10, 2006 to Apr 3, 200783
- Board memberMarian L. Heard Jan 10, 2006 to Oct 1, 200884
- Board memberP. Michael Ehlerman Jan 10, 2006 to Oct 1, 200885
- Board memberEmilio Botin Jun 7, 2006 to Jun 7, 200686
- Board memberJuan Rodriguez Inciarte Jun 7, 2006 to Jun 7, 200687
- Board memberMaria F. Ramirez Jun 8, 2006 to Oct 1, 200888
- Board memberWilliam J. Moran Sep 29, 2006 to Oct 1, 200889
- Board memberJay S. Sidhu Oct 13, 2006 to Feb 8, 200790
- Board memberLas Heras Gonzalo De Oct 13, 2006 to Oct 13, 200691
- General counselChristopher Keith Pfirrman Sep 28, 2012 to Sep 28, 201292
- General counselRichard A. Toomey Apr 27, 2009 to Apr 27, 201193
Subsidiaries and ownership
Parent company (GLEIF)
Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.
Former names
- SOVEREIGN BANCORP INCApr 28, 1995 to Feb 5, 20103
Timeline
- Sep 15, 20268-K Other events94
- Aug 27, 20268-K Unregistered sale of shares; Bylaws or fiscal year changed95
- Aug 20, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation96
- Aug 12, 20268-K Results of operations; Regulation FD disclosure97
- Aug 5, 20268-K Other events98
- Jun 12, 20268-K Results of operations; Regulation FD disclosure99
- Jun 5, 20268-K Other events100
- Jun 2, 20268-K Other events101
- Mar 31, 20268-K Entered a material agreement102
- Mar 6, 20268-K Results of operations; Regulation FD disclosure103
- Nov 4, 20258-K Results of operations; Regulation FD disclosure104
- Aug 15, 20258-K Results of operations; Regulation FD disclosure105
- Mar 6, 2015New chief executive Scott Powell becomes CEO13
- Jul 30, 2013New chief executive Roman Blanco becomes CEO14
- Feb 9, 2011New chief executive Jorge Moran becomes CEO15
- Nov 5, 2008Parent Directly consolidated by Santander Group2
- Nov 5, 2008Founded Santander Holdings USA, Inc. is founded2
- Oct 6, 2008New chief executive Kirk W. Walters becomes CEO16
- Jul 18, 2007New chief executive Marshall P. Soura becomes CEO17
- Feb 17, 2006New chief executive Joseph P. Campanelli becomes CEO20
- Feb 17, 2006New chief executive James J. Lynch becomes CEO19
- Jan 23, 2006New chief executive Jay S. Sidhu becomes CEO18
Calendar
When it reported results
- Aug 12, 2026Reported quarterly or annual results97
- Jun 12, 2026Reported quarterly or annual results99
- Mar 6, 2026Reported quarterly or annual results103
- Nov 4, 2025Reported quarterly or annual results104
- Aug 15, 2025Reported quarterly or annual results105
- May 2, 2025Reported quarterly or annual results106
- Mar 4, 2025Reported quarterly or annual results107
- Nov 6, 2024Reported quarterly or annual results108
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
146 filings to the SEC since October 2021: 5 annual reports, 18 quarterly reports, 48 major events, 75 other. The latest 20:
- Oct 15, 202625-NSE EDGAR
- Sep 15, 20268-K EDGAR
- Aug 27, 20268-K EDGAR
- Aug 20, 20268-K EDGAR
- Aug 19, 20268-A12B EDGAR
- Aug 19, 2026CERT NYSE CERTIFICATION EDGAR
- Aug 12, 20268-K EDGAR
- Aug 5, 20268-K EDGAR
- Jul 31, 2026IRANNOTICE EDGAR
- Jul 31, 202610-Q EDGAR
- Jun 12, 20268-K EDGAR
- Jun 5, 20268-K EDGAR
- Jun 4, 2026424B3 EDGAR
- Jun 3, 2026FWP EDGAR
- Jun 2, 2026424B3 EDGAR
- Jun 2, 20268-K EDGAR
- May 4, 2026IRANNOTICE EDGAR
- May 4, 202610-Q EDGAR
- Mar 31, 2026425 EDGAR
- Mar 31, 20268-K EDGAR
The 146 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Stakes it holds
Santander Holdings USA, Inc. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
- Santander Consumer USA Holdings Inc.SC 13D/A Jan 31, 2022109
SEC filer profile
How Santander Holdings USA, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSantander Holdings USA, Inc.1
- CIK0000811830
- Employer ID (EIN)23-24530884
- Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inVirginia4
- Fiscal year endsDecember 311
- Industry code (SIC)6021 National Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address75 State Street, Boston, MA 021091
- Phone80049382191
- Shares outstanding530,391,043 as of Jul 31, 202610
- Public float$0 as of Jun 30, 20258
- AuditorPricewaterhouseCoopers LLP, Boston, Massachusetts PCAOB ID 238; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceMar 17, 19951
- Filings1,633 in all: 4 (434), 8-K (388), 10-Q (95), 3 (77), IRANNOTICE (55), 424B3 (52), DEFA14A (41), CORRESP (33)1
All 64 form types
10-K (30), SC 13D/A (30), UPLOAD (30), 425 (29), DFAN14A (29), FWP (27), 13F-NT (21), 424B5 (21), S-4 (15), SC TO-T/A (15), 4/A (14), 8-K/A (14), DEF 14A (14), 10-Q/A (13), 424B2 (13), S-4/A (11), 11-K (10), S-8 (9), 10-K/A (7), 8-A12B (7), 8-A12B/A (7), S-3 (7), S-3/A (7), SC 13D (7), SC 13G (7), EFFECT (6), S-3ASR (6), PRE 14A (5), 25-NSE (4), NT 10-Q (4), ARS (3), SC 13G/A (3), 15-12G (2), 5 (2), 8-A12G (2), 8-A12G/A (2), NT 10-K (2), NT 11-K (2), PRRN14A (2), S-3MEF (2), SC TO-C (2), 10-K405 (1), 10-K405/A (1), 15-12B (1), 25 (1), CERT (1), CERTNYS (1), DEFM14A (1), POS AM (1), POS EX (1), POSASR (1), PREC14A (1), PX14A6G (1), S-3D (1), S-8 POS (1), SC TO-T (1)
- Latest filingsAnnual report (10-K) Mar 2, 2026
Quarterly report (10-Q) Jul 31, 2026
Proxy statement (DEF 14A) Mar 24, 2008
Latest 8-K (8-K) Sep 15, 2026
Risk factors and legal proceedings
The risks Santander Holdings USA, Inc. names in Item 1A of its 10-K filed Mar 2, 2026: 44 risks under these headings, as written.4
- •We are vulnerable to disruptions and volatility in the global financial markets.
- •We are subject to substantial regulation.
- Macro-Economic and Political Risks
- Given that our loan portfolios are concentrated in the United States, adverse changes affecting the economy of the United States could adversely affect our financial condition.
- We are vulnerable to disruptions and volatility in the global financial markets.
- Recent Executive Orders Related to Tariffs May Result in Increased Risks to our Businesses
- Our growth, asset quality and profitability may be adversely affected by volatile macroeconomic and political conditions.
- Risks Relating to Our Business
- Legal, Regulatory and Compliance Risks
- We are subject to substantial regulation which could adversely affect our business and operations.
- Significant United States Regulation
- Our resolution in a bankruptcy proceeding could result in losses for holders of our debt and equity securities.
The other 36 risks
- The resolution of the Company under the orderly liquidation authority could result in greater losses for holders of our equity and debt securities.
- United States stress testing, capital planning, and related supervisory actions
- Other supervisory actions and restrictions on U.S. activities
- We are subject to potential intervention by any of our regulators or supervisors, particularly in response to customer complaints.
- We are exposed to risk of loss from legal and regulatory proceedings.
- We may not be able to detect money laundering and other illegal or improper activities fully or on a timely basis, which could expose us to additional liability and have a material adverse effect on us.
- Changes in taxes and other assessments and incorrect interpretations of tax laws and regulations may affect us adversely.
- Credit Risks
- If the level of our NPLs increases or our credit quality deteriorates in the future, or if our loan and lease loss reserves are insufficient to cover loan and lease losses, this could have a material adverse effect on us.
- Our loan and investment portfolios are subject to risk of prepayment, which could have a material adverse effect on us.
- The value of the collateral securing our loans may not be sufficient, and we may be unable to realize the full value of the collateral securing our loan portfolio.
- We are subject to counterparty risk in our banking business.
- Liquidity and Financing Risks
- Liquidity and funding risks are inherent in our business and could have a material adverse effect on us.
- Credit, market and liquidity risk may have an adverse effect on our credit ratings and our cost of funds. Any downgrading in our credit ratings would likely increase our cost of funding, require us to post additional collateral or take other actions under some of our derivative contracts and adversely affect our interest margins and results of operations.
- Market Risks
- We are subject to fluctuations in interest rates and other market risks, which may materially and adversely affect us.
- Recent government fiscal and monetary policies and other factors have led to increased inflation in the U.S. and globally
- Market conditions have resulted, and could result, in material changes to the estimated fair values of our financial assets. Negative fair value adjustments could have a material adverse effect on our business, financial condition and results of operations.
- We are subject to market, operational and other related risks associated with our derivatives transactions that could have a material adverse effect on us.
- Risk Management
- Failure to successfully implement and continue to improve our risk management policies, procedures and methods, including our credit risk management system, could materially and adversely affect us, and we may be exposed to unidentified or unanticipated risks.
- We rely on models for many of our decisions. Their inaccurate or incorrect use could have a material adverse effect on us.
- Business and Industry Risks
- The financial problems our customers face could adversely affect us.
- Increased competition and industry consolidation may adversely affect our results of operations.
- Inability to manage the growth of our operations or to integrate our inorganic growth successfully could adversely impact profitability
- Goodwill impairments may be required in relation to acquired businesses.
- We rely on recruiting, retaining and developing appropriate senior management and skilled personnel.
- Damage to our reputation could cause harm to our business prospects.
- SBNA engages in transactions with its affiliates that may not be on favorable terms to the affiliate.
- Technology and Cybersecurity Risks
- Risks relating to our IT infrastructure, management information systems, data collection, processing, storage systems and security are inherent in our business
- We use AI, which could expose us to liability or adversely affect our business.
- Risks Associated with our Auto Lending Business
- The financial results of the auto lending business could have a negative impact on the Company's operating results and financial condition.
- Our ability to maintain our competitive position depends, in part, on the success of new products and services we offer our clients and our ability to continue offering products and services from third parties, and we may not be able to manage various risks we face as we expand our range of products and services that could have a material adverse effect on us.
- We rely on third parties for important products and services.
- Our business and financial performance could be adversely affected, directly or indirectly, by disasters, natural or otherwise, including geopolitical events such as terrorist activities, international hostilities, public health emergencies and government responses to such events.
- We depend in part upon dividends and other funds from subsidiaries.
- Financial Reporting and Control Risks
- Changes in accounting standards could impact reported earnings.
- Climate Change Disclosure
- Disclosure controls and procedures over financial and non-financial reporting and internal controls over financial and non-financial reporting may not prevent or detect all errors or acts of fraud, and lapses in these controls could materially and adversely affect our operations, liquidity and/or reputation.
- Failure to satisfy obligations associated with public securities filings may have adverse regulatory, economic, and reputational consequences.
Legal proceedings
Refer to Note 20 to the Consolidated Financial Statements for SHUSA’s litigation disclosures, which are incorporated herein by reference.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARJorge Moran, Chief executive officer
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARMaria Veltre, Officer
- 27
- 28
- 29SEC EDGARBrian M. Gunn, Chief Risk Officer
- 30SEC EDGARChristel Sulpizio, See Note 1
- 31SEC EDGARKenneth Michael Goldman, See Note 1
- 32SEC EDGARMichael Lipsitz, See Note 1
- 33
- 34
- 35SEC EDGARJohn Corston, Chief Risk Officer
- 36SEC EDGARJulio Somoza, Head of Tech and Ops
- 37SEC EDGARMaria Calero, Head of Project Mgmt
- 38
- 39SEC EDGARDonna M. Howe, Chief Risk Officer
- 40
- 41
- 42
- 43
- 44SEC EDGARJose Castello, Officer
- 45SEC EDGAREduardo Stock, Officer
- 46SEC EDGARFran Simon, Head of Human Resources
- 47SEC EDGARGuillermo Sabater, Controller
- 48
- 49SEC EDGARNuno Matos, Officer
- 50SEC EDGARJose Luis Estella, Director of Audit
- 51SEC EDGARJuan Davila, Risk Director
- 52
- 53
- 54SEC EDGARMatthew A. Kerin, Managing Director
- 55SEC EDGARLawrence M. Thompson Jr., Vice chair
- 56SEC EDGARLarry K. Davis, Controller
- 57
- 58
- 59
- 60SEC EDGARThomas R. Brugger, Treasurer
- 61
- 62SEC EDGARRazola Jose Doncel, Board member
- 63SEC EDGARJavier Maldonado, Board member
- 64SEC EDGARCatherine Keating, Board member
- 65SEC EDGARAlan H. Fishman, Board member
- 66SEC EDGARRichard Spillenkothen, Board member
- 67SEC EDGARVictor Matarranz, Board member
- 68SEC EDGARJuan Olaizola, Board member
- 69SEC EDGARJuan Guitard Marin, Board member
- 70SEC EDGARManuel Soto, Board member
- 71SEC EDGARThomas Timothy Ryan, Board member
- 72SEC EDGARStephen A. Ferriss, Board member
- 73SEC EDGARJuan Andres Yanes, Board member
- 74SEC EDGARThomas G. Dundon, Board member
- 75SEC EDGARJerry A. Grundhofer, Board member
- 76SEC EDGARAnthony P. Terracciano, Board member
- 77SEC EDGARWolfgang Schoellkopf, Board member
- 78SEC EDGARAlberto Sanchez, Board member
- 79SEC EDGARJoseph P. Campanelli, Board member
- 80SEC EDGARAndrew C. Hove Jr., Board member
- 81SEC EDGARBrian Hard, Board member
- 82SEC EDGARCameron C. Troilo, Board member
- 83SEC EDGARDaniel K. Rothermel, Board member
- 84SEC EDGARMarian L. Heard, Board member
- 85SEC EDGARP. Michael Ehlerman, Board member
- 86SEC EDGAREmilio Botin, Board member
- 87
- 88SEC EDGARMaria F. Ramirez, Board member
- 89SEC EDGARWilliam J. Moran, Board member
- 90SEC EDGARJay S. Sidhu, Board member
- 91SEC EDGARLas Heras Gonzalo De, Board member
- 92
- 93SEC EDGARRichard A. Toomey, General counsel
- 94SEC EDGAROther events
- 95
- 96
- 97
- 98SEC EDGAROther events
- 99
- 100SEC EDGAROther events
- 101SEC EDGAROther events
- 102SEC EDGAREntered a material agreement
- 103
- 104
- 105
- 106
- 107
- 108
- 109