EDGAR·FLOW

Santander Holdings USA, Inc. — Form 8-K

Filed September 15, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 18/100
What the filing says
Santander Holdings USA will redeem all 135,000 shares of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I (represented by 5,400,000 depositary shares, NYSE: SNUS PF I) on October 15, 2026, at $25.00 per depositary share, totaling $135 million. The redemption excludes the regular quarterly dividend, which will be paid separately on the same date. Broadridge Corporate Issuer Solutions will act as redemption agent, with shares held in book-entry form through DTC.
Why this rating

$135M redemption is ~0.08% of $164.5B asset base; routine preferred stock maturity management, not operationally material.

View original filing on SEC.gov ↗ SNUS-PI · stock on Yahoo Finance ↗

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