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Santander Bank, National Association

Wilmington, DE · Cert 29950 · Banco Santander Sa

National charter · OCC · 368 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

88

Q2 2024Q2 2026peer median (50)

Asset Quality

10

Q2 2024Q2 2026peer median (50)

Profitability

22

Q2 2024Q2 2026peer median (50)

Liquidity

53

Q2 2024Q2 2026peer median

Efficiency

74

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Santander Bank, National Association

Wilmington, DE · Cert 29950 · Banco Santander Sa

National charter · OCC · 368 branches

Q2 2026

$104.0BAssets
$59.1BLoans
$79.1BDeposits
$13.8BEquity
Loan mix
51%RE $24.3B15%C&I $7.2B34%Consumer $16.4BQ3 2024Q2 2026
Deposit mix
80%Interest-bearing $63.1B20%Noninterest $16.0BQ3 2024Q2 2026

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 5.7% share · #4 of 100 inst. · $33.2B of $580.3B

26.1% Norfolk
3.3% Suffolk
25.9% Berks
5.3% Philadelphia

Executive Summary

  • Earnings: ROA of 1.00%, up 3 bps year over year; NIM at 2.82%.
  • Asset quality: problem loans at 1.84% of loans (-22 bps YoY), with net charge-offs at 0.53%.
  • Capital: tier 1 leverage ratio of 12.48%, up 46 bps from a year ago.
  • Funding: loans stand at 74.81% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.00%+3 bps YoY

Net Interest Margin (YTD, annualized)

2.82%+59 bps YoY

Efficiency Ratio (YTD, annualized)

50.18%-1,389 bps YoY

Tier 1 Leverage Ratio

12.48%+46 bps YoY

NIM

4.53%Q2 ’244.46%Q2 ’254.70%Q2 ’26+11%+27%

Non-interest income vs. expense

2.74%Q2 ’242.75%Q2 ’252.68%Q2 ’26-40%-75%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.67%0.62%0.53%0.97%1.14%1.36%1.00%1.00%+3 bps
Return on Equity5.62%5.16%4.28%7.78%8.91%10.46%7.57%7.54%-24 bps
Net Interest Margin2.00%1.95%2.13%2.22%2.43%2.50%2.59%2.82%+59 bps
Efficiency Ratio79.02%79.32%72.53%64.07%61.44%59.71%54.01%50.18%-1,389 bps
Non-Interest Burden1.27%1.24%1.10%0.68%0.61%0.48%0.21%0.17%-51 bps
Growth
Asset Growth (YoY)3.21%2.20%2.32%2.77%-3.92%1.41%1.47%0.59%-218 bps
Loan Growth (YoY)-9.15%-9.71%-8.01%-9.49%-6.50%5.70%11.13%18.67%+2,816 bps
Deposit Growth (YoY)2.48%3.06%5.72%5.53%-2.91%-0.72%-0.82%-0.59%-612 bps
Asset Quality
Nonperforming Loans / Loans1.69%1.81%2.09%2.05%1.96%1.75%1.84%1.84%-22 bps
Net Charge-Offs / Loans0.95%0.93%0.90%0.81%0.81%0.75%0.64%0.53%-29 bps
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.96%11.54%11.71%12.02%12.95%12.61%12.33%12.48%+46 bps
Total Risk-Based Capital18.17%18.93%19.14%20.02%20.76%22.00%20.99%21.53%+151 bps
Equity / Assetsn/an/an/an/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits69.40%66.79%63.20%62.67%66.83%71.11%70.81%74.81%+1,214 bps
Liquid Assets / Assets8.87%9.13%8.88%10.08%11.55%12.21%12.07%12.01%+193 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Santander Bank, National Association

Wilmington, DE · Cert 29950 · Peer group: banks over $10B in assets (n=142-144) · Banco Santander Sa

National charter · OCC · 368 branches

Q2 2026

$104.0BAssets
$59.1BLoans
$79.1BDeposits
$13.8BEquity

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 92% of banks over $10B in assets (rank 12 of 144).
  • Widest gap: nonperforming loans / loans trails 92% of banks over $10B in assets (rank 131 of 142).
  • Overall: at or above the peer median on 4 of 9 directional measures.

Return on Assets

1.01%

Rank 107 of 144

Net Interest Margin

2.82%

Rank 108 of 144

Efficiency Ratio

50.29%

Rank 39 of 144

Equity / Assets

13.31%

Rank 29 of 144

Non-interest income vs. expense

$2.6B$2.8BINCOMEEXPENSE
Unfavorable gap of $0.2B · efficiency ratio beats 74% of banks over $10B in assets
Bank 50.29%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.01%1.00%1.26%1.54%Beats 26%107 / 144
Return on Equity7.56%8.98%11.34%14.40%Beats 15%122 / 144
Net Interest Margin2.82%2.82%3.31%3.68%Beats 25%108 / 144
Efficiency Ratio50.29%49.42%56.02%62.41%Beats 74%39 / 144
Asset Quality
Nonperforming Loans / Loans1.84%0.48%0.73%1.07%Beats 8%131 / 142
Net Charge-Offs / Loans0.55%0.05%0.11%0.22%Beats 12%126 / 142
Capital
Tier 1 Capital Ratio20.26%12.07%12.98%14.92%Beats 92%12 / 144
Total Risk-Based Capital Ratio21.53%13.39%14.14%16.25%Beats 92%12 / 144
Equity / Assets13.31%9.69%11.39%12.96%Beats 80%29 / 144
Liquidity & Funding
Loans / Deposits74.81%75.72%84.92%91.56%23rd pctl110 / 143
Loans / Assets56.89%59.83%69.07%74.80%20th pctl115 / 144
Brokered Deposits / Depositsn/aNot reported for this institution