Santander Holdings USA, Inc.

Santander Holdings USA will redeem all 135,000 outstanding shares of its Series I Preferred Stock and the corresponding 5,400,000 depositary shares on October 15, 2026. The redemption price is set at $25.00 per depositary share, with previously declared regular quarterly dividends to be paid separately on the same date to shareholders of record as of September 30, 2026.…more

Santander Holdings USA, Inc.

On August 27, 2026, Santander Holdings USA, Inc. completed a private placement of 500,000 shares of its newly created Series J Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock to its parent company, Banco Santander, S.A. The shares have a liquidation preference of $1,000 each and carry a non-cumulative dividend rate of 7.271% per annum until December 21, 2031, after which the rate will be reset every five years based on the five-year U.S. Treasury rate plus 2.979%.…more