Fewer savers added to their balances in recent months, with six in 10 stating it has become harder to save as the year has gone on. Less than three in 10 (29%) use high-yield savings products, which could help a typical saver could earn more than $400 in interest. Nearly six in 10 say holiday shopping will negatively impact their savings goals, and three in four prefer to receive the gift of money this holiday season. Santander Bank, N.A. ("Santander Bank") today announced findings from its Openbank Growing Personal Savings ("GPS") Tracker revealing many consumers are missing out on hundreds of dollars a year in interest by not using higher-rate savings accounts. More than seven

Santander Bank, N.A. announced today it has lowered its prime rate from 8.00% to 7.75% effective November 7, 2024. Santander Bank, N.A. is one of the country's leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank's more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE:SAN), recognized as one of the world's most admired companies by Fortune Magazine in 2024, with approximately 171 million customers in the U.S., E

TORONTO, ON / ACCESSWIRE / October 29, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company"), is pleased to announce that it has entered into an Equity Capital Contribution Agreement ("ECCA") with respect to Punta Lima Wind Farm LLC (a wholly owned subsidiary of Santander Bank N.A. -"Santander"-).The project is an operating onshore wind farm called Punta Lima Wind Farm ("PLWF" or the "Project") with a nameplate capacity of 26.0 MW's located in the Municipality of Naguabo, Puerto Rico. The Project was re-constructed and recommissioned by Santander and has a 20-year power purchase agreement ("PPA") in place with Puerto Rico Electric Power Authority (PREPA) terminating in

81% consider inflation a major concern, the highest level over the past year. Most middle-income households have remained current on their bills, though more are making spending cuts to manage higher prices. Gen Z and millennials have shifted their mindset around homeownership and find flexibility in renting, with 6 in 10 believing homeownership as a sign of financial prosperity is outdated. Federal Reserve rate cuts could unlock pent-up vehicle demand, with 52% delaying a vehicle purchase over the last year. Santander Holdings USA, Inc. ("Santander US") today announced new findings from a survey that shows while middle-income Americans remain optimistic about their financial fu

Santander Bank, N.A. announced today it has lowered its prime rate from 8.50% to 8.00% effective September 18, 2024. Santander Bank, N.A. is one of the country's leading retail and commercial banks, with $102 billion in assets. With its corporate offices in Boston, the Bank's more than 5,100 employees and more than 1.8 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE:SAN), recognized as one of the world's most admired companies by Fortune Magazine in 2024, with approximately 168 million customers in the U.S.,

74% of Americans would sit in traffic for an hour to earn $200, but only 16% took the time to move money to higher-yielding accounts. As expense pressures mount, 44% of Americans missed their savings goal in June, up from 35% in March. Six in 10 back-to-school shoppers across the U.S. expect it will impact their ability to meet their savings goals. Santander Bank, N.A. ("Santander Bank" or "the Bank") announced today the findings of its second Growing Personal Savings ("GPS") Tracker, a research series exploring Americans' approach to building and managing their savings. While many Americans have been adding to their savings month-over-month, the overall percentage doing so each

The Board of Governors of the Federal Reserve System (the "Federal Reserve") informed Santander Holdings USA, Inc. ("SHUSA") on June 26, 2024, of SHUSA's updated stress capital buffer ("SCB") requirement, which becomes effective on October 1, 2024. SHUSA's updated SCB will be 3.5% of its Common Equity Tier 1 capital (CET1) resulting in an overall CET1 capital requirement of 8.0%. SHUSA's strong capitalization supports our planned capital actions and the updated SCB is consistent with our long-term capital efficiency objectives. As a Category IV firm under the Federal Reserve's tailoring rule, SHUSA was subject to the Federal Reserve's 2024 Supervisory Stress Test. SHUSA remains in the t

72% of middle-income consumers say prices on goods and services rose in the second quarter. 90% of households made budget cuts to contend with higher prices, and 41% have turned to second jobs and side gigs. A majority of households believe homeownership is not a requirement to be financially prosperous, driven by affordability concerns. Santander Holdings USA, Inc. ("Santander US") today announced findings from a new survey that shows middle-income households are cutting back on spending, taking second jobs, and delaying large purchases—such as cars and homes—to adapt to higher prices as inflationary pressures continue. Nearly three in four middle-income households (72%) report

Grand opening celebration to take place on Friday, June 7, 2024, from 3 – 7 p.m. ET The Bank will present a $100,000 contribution to the Small Business Development Center at Florida International University Santander Bank, N.A. ("Santander Bank" or "the Bank") announced the opening of its second Work Café in the United States, located at 3036 Grand Avenue in the heart of Coconut Grove, Miami's oldest neighborhood, known for its bayside views and vibrant community. The Work Café is intended to serve as an innovation hub for local businesses and the broader community. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240528833968

Research reveals a connection between financial engagement and better outcomes, with high-savers regularly checking on their accounts and using a greater variety of professional financial services and tools. A majority of Americans plan to save some portion of their tax refund in 2024, but only 16% acknowledged that they did in 2023. Social trends are shifting, with more Americans openly discussing their financial habits and "loud budgeting" gains traction. Santander Bank, N.A. ("Santander Bank" or "the Bank") today announced findings from its inaugural Growing Personal Savings ("GPS") Tracker, a new series analyzing how Americans approach growing their savings. The Santander Bank

The Board of Governors of the Federal Reserve System (the "Federal Reserve") informed Santander Holdings USA, Inc. ("SHUSA") on June 26, 2024, of SHUSA's updated stress capital buffer ("SCB") requirement, which becomes effective on October 1, 2024. SHUSA's updated SCB will be 3.5% of its Common Equity Tier 1 capital (CET1) resulting in an overall CET1 capital requirement of 8.0%. SHUSA's strong capitalization supports our planned capital actions and the updated SCB is consistent with our long-term capital efficiency objectives. As a Category IV firm under the Federal Reserve's tailoring rule, SHUSA was subject to the Federal Reserve's 2024 Supervisory Stress Test. SHUSA remains in the t

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

13F-HR - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

6-K - Banco Santander, S.A. (0000891478) (Filer)

Santander Bank, N.A. today announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle market companies in the New York City and Long Island markets. Bravyak will assume Cleary's previous role, leading Underwriting and Portfolio Management. Both executives will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221109005801/en/Donna Cleary, Market Manager, Santander Commercial Banking (Photo: B

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank” or “Santander”) today announced the appointment of Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank. Baldinelli will lead business development, market growth and relationship management for Commercial Banking’s middle market segment in New England, encompassing the company’s Boston-based location. The industry veteran will assume the role from Robert Cerminaro, who was recently promoted to Head of Mid-Corporate Banking in Santander’s Commercial Banking division. “Scott epitomizes Commercial Banking’s ‘getting personal’

Banco Santander (NYSE:SAN) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.21 by 4.76 percent. The company reported $16.870 billion in sales this quarter. This is a 9.87 percent increase over sales of $15.355 billion the same period last year.

Spanish financial services provider Banco Santander SA (NYSE:SAN) is reportedly nearing an agreement with Amazon.com Inc. (NASDAQ:AMZN) to offer financing options for European buyers on the e-commerce platform. The deal, which is in advanced negotiations, is expected to launch in Germany first and then expand across Europe, according to a report from Bloomberg. Santander aims to enhance its digital consumer finance business, which contributed around 10% to its group revenue last year. Santander’s key strategy involves securing flagship deals with major tech companies, according to the bank’s recent annual report. The partnership with Amazon will allow consumers to opt for loans w

Banco Santander (NYSE:SAN) reported quarterly earnings of $0.18 per share which missed the analyst consensus estimate of $0.19 by 5.26 percent. This is a 12.5 percent increase over earnings of $0.16 per share from the same period last year. The company reported $16.703 billion in sales this quarter. This is a 11.79 percent increase over sales of $14.942 billion the same period last year.

Barclays analyst Cecilia Romero Reyes upgrades Banco Santander (NYSE:SAN) from Equal-Weight to Overweight.

https://www.bloomberg.com/news/articles/2024-03-03/santander-cuts-some-300-jobs-in-us-branches-in-shift-to-digital

Shares of Air Products and Chemicals, Inc. (NYSE:APD) fell sharply during Monday’s session after the company reported worse-than-expected first-quarter financial results and lowered FY24 adjusted EPS guidance below estimates. Air Products & Chemicals posted adjusted earnings of $2.82 per share, missing market estimates of $3.00 per share. The company’s quarterly sales came in at $3.00 billion versus expectations of $3.19 billion. Air Products and Chemicals shares dipped 14.7% to $220.02 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Yield10 Bioscience, Inc. (NASDAQ:YTEN) shares climbed 116.4% to $0.4964. 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT

Shares of 4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) rose sharply in today’s pre-market trading. 4DMT presented interim data from randomized Phase 2 PRISM clinical trial of intravitreal 4D-150 demonstrating favorable tolerability & clinical activity in wet AMD. 4D Molecular Therapeutics shares jumped 20.1% to $21.01 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers Chenghe Acquisition Co. (NASDAQ:CHEA) gained 68.1% to $9.23 in pre-market trading after dipping around 46% on Friday. Tritium DCFC Limited (NASDAQ:DCFC) shares jumped 51.9% to $0.1990 in pre-market trading. Tritium DCFC said the company was the top-awarded fast charger manufacturer f