Website: N/A
Stock Symbol: NYSE: SBP
Market Value: N/A (in millions)
Santander BanCorp (the “Corporation”) is a publicly owned financial holding
company, registered under the Bank Holding Company Act of 1956, (“BHC Act”) as
amended and, accordingly, subject to the supervision and regulation by the
Federal Reserve Board. The Corporation was incorporated under the laws of the
Commonwealth of Puerto Rico (“Puerto Rico” or the “Island”) to serve as the
financial holding company for Banco Santander Puerto Rico (“Banco Santander” or
the “Bank”).
Banco Santander, S.A. (“Santander Spain”) currently owns 90.6% of the
Corporation’s outstanding stock, directly and through its subsidiaries.
Santander Spain (SAN.MC, STD.N) is the main financial group (“Santander Group”
or “Group”) in Spain and Latin America, and the largest in the Euro Zone by
market capitalization.