BNET Industries
Last Fiscal Year Sales:$5.2B
- Public
- US
Dow Jones Description
Sovereign Bancorp, Inc., (NYSE: SOV), is the parent company of Sovereign Bank, a financial institution with $85 billion in assets as of December 31, 2007 with principal markets in the Northeast United States. Sovereign Bank has 750 community banking offices, over 2,300 ATMs and approximately 12,000 team members. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign is the 19th largest banking institution in the United States.
Number of Employees 10,235
Contact Information
1500 Market St
Philadelphia, Pennsylvania 19103-3231
(610) 320-8400
Peer Companies
NAICS Code Savings Institutions: 522120
News & Analysis
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merger and sovereign bancorp inc. - All News and Analysis
Seacoast Financial Services Corporation Stockholders Approve Merger Agreement with Sovereign Bancorp, Inc
- 2004-06-28
NEW BEDFORD, Mass. -- Seacoast Financial Services Corporation ("Seacoast") (NASDAQ: SCFS) announced today stockholder approval of the merger agreement by which Sovereign Bancorp, Inc. (NYSE: SOV) will acquire Seacoast. The agreement was approved by holders of in excess of 80% of Seacoast's outstanding shares of common stock at a special...
Main Street Bancorp, Inc. Announces 22% Increase in Third Quarter Operating Income
- 2001-10-23
Business Editors READING, Pa.--BUSINESS WIRE--Oct. 23, 2001 Main Street Bancorp, Inc., (NASDAQ:MBNK) announced today operating income, which excludes realized securities losses, special charges and other one-time charges, net of taxes, was $2.8 million, or $0.26 per share, for the third quarter of 2001, compared to $2.3 million, or...
Main Street Bancorp, Inc. Joins Sovereign Bank; MErger With Sovereign Bancorp to Occur in First Quarter 2002
- 2001-07-17
Business Editors
- 1
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