Webster stockholders approve acquisition by Santander; Q1 net income $246M

Santander Holdings USA, Inc.

Webster stockholders voted to approve the HoldCo Transactions at May 26 special meeting.
Webster reported Q1 2026 net income of $246M (diluted EPS $1.50) vs $227M ($1.30) year ago.
Net interest income $634M, up from $612M; provision for credit losses $54M vs $78M.
Total assets $85.6B; deposits $69.0B; loans and leases $57.2B (net of allowance).
Pro forma combined financials filed reflecting the acquisition as if completed Jan 1, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.