December 10, 2016 5:28 PM ET

Banks

Company Overview of Santander Holdings USA, Inc.

Company Overview

Santander Holdings USA, Inc. operates as the holding company for Santander Bank, National Association that provides various banking products and services primarily in the Mid-Atlantic and Northeastern United States. The company’s Retail Banking segment offers demand and interest-bearing demand deposit accounts, money market and savings accounts, certificates of deposits, and retirement savings products; consumer loans, including credit cards, home equity loans, and lines of credit; and business banking and small business loans to individuals. This segment also provides investment services; annuities, mutual funds, managed monies, and insurance products; and investment brokerage agency servic...

75 State Street

Boston, MA 02109

United States

Founded in 1984

15,150 Employees

Phone:

617-346-7200

Key Executives for Santander Holdings USA, Inc.

Chief Executive Officer, President, Director and Member of Executive Committee
Age: 53
Chief Financial Officer
Managing Director of Technology & Operations and Senior Executive Vice President
Age: 44
Chief Executive Officer of Santander Consumer USA Holdings, Inc. and Director
Age: 45
Chief Executive Officer of Banco Santander International
Compensation as of Fiscal Year 2016.

Santander Holdings USA, Inc. Key Developments

Santander Holdings USA, Inc. announced delayed 10-Q filing

On 11/15/2016, Santander Holdings USA, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Santander Holdings USA Declares Quarterly Dividend on Preferred Stock, Payable on November 15, 2016

Santander Holdings USA, Inc. (SHUSA) announced that its Board of Directors declared a dividend on SHUSA's Preferred Stock. A dividend payment of $0.45625 per share is payable on November 15, 2016 to holders of record on November 1, 2016 for SHUSA's Series C Non-Cumulative Perpetual Preferred Stock.

Santander Holdings USA Not In Compliance With NYSE Listing Rule

The Santander Holdings USA, Inc. informed the New York Stock Exchange (NYSE) on August 23, 2016, it was not in compliance with NYSE's continued listing requirements under the timely filing criteria outlined in Section 802.01E of the NYSE Listed Company Manual as a result of the Company's failure to timely file its Form 10-Q. In accordance with NYSE listing requirements, the Company will have six months from August 22, 2016 to file its Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing the Form 10-Q with the SEC. If the Company fails to file its Form 10-Q prior to that date, the NYSE may grant, at its discretion, a further extension of up to six additional months, depending on the specific circumstances.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 22, 2016
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