---
schema_version: "secwatch.filing_event.v1"
accession: "0000811830-23-000029"
form_type: "8-K"
ticker: "SNUS-PI"
cik: "0000811830"
company_name: "Santander Holdings USA, Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:17:20.650199+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Santander Holdings USA Q2 2023 net interest income flat at $112M, pre-tax income down 4% QoQ to $171M

## Summary
- Net interest income of $112M in Q2 2023, flat vs Q1 2023 and up 3% YoY from $109M.
- Pre-tax income of $171M vs $178M in Q1 2023; net income also $171M (slide appears to show same figure).
- CET1 ratio improved to 10.0% from 9.7% in Q1; total risk-based capital ratio 12.8% vs 12.7%.
- Total funding $45.6B, down 1% from Q1; FHLB borrowings surged 215% YoY to $8.7B.
- Pre-provision net revenue (PPNR) stable at $79M for Q2, unchanged from prior quarter.

## SEC filing metadata
- accession: 0000811830-23-000029
- form_type: 8-K
- ticker: SNUS-PI
- cik: 0000811830
- company_name: Santander Holdings USA, Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811830/000081183023000029/0000811830-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811830/000081183023000029/sov-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000811830-23-000029
- JSON: https://secwatch.observer/filing/0000811830-23-000029.json
- Plain text: https://secwatch.observer/filing/0000811830-23-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.