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0 -0.00122116689280873 -0.00122116689280873 -0.00122116689280873 -0.00122116689280873 0.00176390773405693 0.000542740841248196 0.000542740841248196
Stock impact report

Santander aims for €20bn profit by 2028 [Yahoo! Finance]

Webster Financial Corporation (WBS) 
Last webster financial corporation earnings: 4/21 07:30 am Check Earnings Report
US:NYSE Investor Relations: webster.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
On 25 February, the bank released its strategic objectives for 2026-2028 during its Investor Day in London . It anticipates return on tangible equity of above 20% by the end of this cycle. The bank intends to grow its customer base from a projected 180 million in 2025 to over 210 million by 2028, maintaining its large presence in both European and American markets. This follows the bank's $12.2bn deal to buy Webster Financial, the parent company of Webster Bank. The deal, announced earlier this month and slated to close in the second half of 2026, is expected to offer Santander a strong foothold in the US Northeast. Meanwhile, in July 2025, Santander agreed to acquire TSB Banking Group from Sabadell in an all-cash transaction valued at up to £2.9bn ($3.9bn). The Spanish group forecasts “mid-single” digit growth in revenue and annual reductions in total costs, with the efficiency ratio expected to reach around 36% by the end of 2028. Annual earnings per share growth is pro Show less Read more
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