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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sovereign bancorp inc. and stock - All News and Analysis
Bank mergers dry up in NY, leaving holdouts to struggle; Stocks, margins fade as high interest rates persevere; CEOs made wrong bet.(News)
Byline: Tom Fredrickson After running at a boil for four years in the New York area, bank mergers have gone into a deep chill. Giants like Wachovia Corp., TD Banknorth Inc., Capital One and Sovereign Bancorp say they're too busy absorbing acquis...
Investing in NYSE a mixed bag; Activists high on shares, others not.(News)
Byline: Gregory Crawford Value and growth stock money managers might not be gung-ho about investing in the new New York Stock Exchange when it is expected to go public next month - unless they want to change the Big Board. Value managers,...
Zacks.com Announces That Jeff Manera Highlights the Following Stocks: Midway Games, Webex Communications, American States Water, Sovereign Bancorp and Washington Mutual
CHICAGO -- Jeff Manera explains that the economy is slightly cool. Take a look at Midway Games (NYSE:MWY), Webex Communications (NASDAQ:WEBX), American States Water (NYSE:AWR), Sovereign Bancorp, Inc. (NYSE:SOV), and Washington Mutual Inc. (NYSE:WM). Jeff Manera is the editor of the Superstock Investor newsletter. Click here for the full story...
Zacks.com Announces That Jeff Manera Highlights the Following Stocks: Midway Games, Active Power, Inc., Hearst-Argyle Television, and Sovereign Bancorp, Inc
CHICAGO -- Jeff Manera says the overall market direction remains mildly bullish at this point. Take a look at Midway Games (NADSAQ:MWY), Active Power, Inc. (NASDAQ:ACPW), Hearst-Argyle Television (NYSE:HTV), and Sovereign Bancorp, Inc. (NYSE:SOV). Jeff Manera is the editor of the Superstock Investor newsletter. Click here for the full story...
Zacks.com Announces that Jeff Manera Highlights the Following Stocks: Sovereign Bancorp, Komag, Lafarge, Dover Downs and Barr Pharmaceuticals
CHICAGO -- Jeff Manera, editor of Superstock Investor, highlights Sovereign Bancorp (NYSE:SOV), which was recently added to his Master List of Recommended Stocks and provides an update on Komag (NASDAQ:KOMG), Lafarge (NYSE:LAF), Dover Downs (NYSE:DDE) and Barr Pharmaceuticals (NYSE:BRL). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84
Stock Market Ratings by StockPickReport.com for Conexant Systems, DigitalThink, Barrick Gold, Sovereign Bancorp
Business Editors
Buyout Rumors Boost Stock Price of Philadelphia-Based Sovereign Bancorp.
By David McPherson, Providence Journal, R.I. Knight Ridder/Tribune Business News By David McPherson, Providence Journal, R.I. Knight Ridder/Tribune Business News
The Philadelphia Inquirer Loose Change Column.
By Joseph N. DiStefano, The Philadelphia Inquirer Knight Ridder/Tribune Business News Sep. 10--The head of one of the Philadelphia area's biggest banking operations has been recruited by one of its Market Street rivals. Philadelphia lender James J. Lynch, former president...
Sovereign Bancorp's Earnings Reports to Include Cost of Stock Options.
By Lisa Biank Fasig, Providence Journal, R.I. Knight Ridder/Tribune Business News By Lisa Biank Fasig, Providence Journal, R.I. Knight Ridder/Tribune Business News
The Boston Globe Boston Capital Column.
By Steven Syre and Charles Stein, The Boston Globe Knight Ridder/Tribune Business News Apr. 27--DOES LARRY FISH have the green light? More than a year after Citizens Financial Group completed its last purchase, the $1.4 billion acquisition of Boston's UST Corp.,...
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