June 18, 2013 9:22 PM ET

Commercial Banks

Company Overview of Sovereign Bank, National Association

Company Overview

Sovereign Bank, National Association provides financial services in the Northeastern United States. It offers personal banking products and services, such as checking packages, savings/CDs, credit cards, mortgages, home equity line of credit, home equity loans, auto loans, personal line of credit, and personal loans; and online banking, foreign currency, retirement planning, college planning, and insurance services. The company provides business banking products and services, including business checking accounts, business money market savings accounts, cards, ACH and wire transfers, lines of credit, term loans, mortgages, vehicle lease and finance, equipment leasing and finance, small busine...

Detailed Description

75 State Street

5th Floor

Boston, MA 02109

United States

Founded in 1902

Phone:

617-757-3410

Fax:

617-330-9985

www.sovereignbank.com

Key Executives for Sovereign Bank, National Association

Chief Executive Officer
Age: 47
Chief Financial Officer
Executive Vice President
Age: 72
Market Chief Executive Officer of Nantucket and Martha's Vineyard
Market Chief Executive Officer of Rhode Island
Compensation as of Fiscal Year 2012.

Sovereign Bank, National Association Key Developments

Sovereign Bank, National Association Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
Feb 4 13

Sovereign Bank, National Association reported earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the bank reported net income of $69.7 million. For the full year, the bank reported 38.3% increase in net income to $438.1 million versus $316.9 million in 2011. The bank continued investing strongly in the franchise and showed double-digit growth in profits. Net interest income was stable, at $1.8 billion, and fees and other income grew by 14.6% to $611.5 million for the year when compared to 2011.

Sovereign Bank Presents at 17th Annual RMA/American Banker Small Business Banking Conference, Nov-07-2012
Nov 4 12

Sovereign Bank Presents at 17th Annual RMA/American Banker Small Business Banking Conference, Nov-07-2012 . Venue: Boca Raton Resort & Spa, Boca Raton, Florida, United States. Speakers: Scott Baran, Mass Affluent Segment Director.

Sovereign Bank, National Association Presents at The BancAnalysts Association of Boston Conference, Nov-02-2012 10:00 AM
Oct 10 12

Sovereign Bank, National Association Presents at The BancAnalysts Association of Boston Conference, Nov-02-2012 10:00 AM. Venue: The Langham Hotel, Boston, Massachusetts, United States.

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