Jim Cramer Calls for Bank Mergers and Praises Banco Santander
Key takeaways
- Jim Cramer Calls for Bank Mergers and Praises Banco Santander Syeda Seirut Javed Sat, June 20, 2026 at 8:40 PM GMT+7 2 min read SAN WBS Banco Santander, S.A.
- Now, I got to tell you, I think it’s time we had a few of them.
- (NYSE:SAN) provides banking, financing, investment, and insurance services to individuals, businesses, and public institutions.
Jim Cramer Calls for Bank Mergers and Praises Banco Santander Syeda Seirut Javed Sat, June 20, 2026 at 8:40 PM GMT+7 2 min read SAN WBS Banco Santander, S.A. (NYSE:SAN) was among the stocks on Jim Cramer’s radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. Cramer highlighted the company’s plan to acquire Webster Financial, as he commented:
The only thing we’re missing are bank mergers. Now, I got to tell you, I think it’s time we had a few of them. We have way too many banks in this country. If a bank has tremendous AI technology, it should be rolling up its smaller rivals right now, you know? But the only one that seems to get this is Banco Santander, run by the superb Ana Botín. She’s buying Webster Financial in… Connecticut. It’s a brilliant acquisition, taking advantage of the loosened regulatory constraints. Others should do so too.
Banco Santander, S.A. (NYSE:SAN) provides banking, financing, investment, and insurance services to individuals, businesses, and public institutions. The company offers lending, wealth management, payments, and digital banking. A caller inquired about the stock during the June 3 episode, and Cramer responded: