SOVEREIGN BANCORP INC
10-Q, EX-27, 2000-11-14
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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<TABLE> <S> <C>

<ARTICLE> 9
<CIK> 0000811830
<NAME> SOVEREIGN BANCORP, INC.
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               SEP-30-2000
<EXCHANGE-RATE>                                      1
<CASH>                                         898,780
<INT-BEARING-DEPOSITS>                          63,968
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  5,447,636
<INVESTMENTS-CARRYING>                       1,541,095
<INVESTMENTS-MARKET>                         1,504,850
<LOANS>                                     23,046,643
<ALLOWANCE>                                  (242,442)
<TOTAL-ASSETS>                              34,647,504
<DEPOSITS>                                  24,470,306
<SHORT-TERM>                                 2,912,145
<LIABILITIES-OTHER>                            700,937
<LONG-TERM>                                  4,661,946
                                0
                                          0
<COMMON>                                     1,258,137
<OTHER-SE>                                     644,033
<TOTAL-LIABILITIES-AND-EQUITY>              34,647,504
<INTEREST-LOAN>                              1,154,195
<INTEREST-INVEST>                              510,033
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,664,228
<INTEREST-DEPOSIT>                             499,975
<INTEREST-EXPENSE>                           1,063,753
<INTEREST-INCOME-NET>                          600,475
<LOAN-LOSSES>                                   28,000
<SECURITIES-GAINS>                           (126,140)
<EXPENSE-OTHER>                                140,208
<INCOME-PRETAX>                               (89,317)
<INCOME-PRE-EXTRAORDINARY>                    (37,692)
<EXTRAORDINARY>                                 10,775
<CHANGES>                                            0
<NET-INCOME>                                  (26,917)
<EPS-BASIC>                                     (0.12)
<EPS-DILUTED>                                   (0.12)
<YIELD-ACTUAL>                                    2.93
<LOANS-NON>                                    126,673
<LOANS-PAST>                                    13,263
<LOANS-TROUBLED>                                 3,755
<LOANS-PROBLEM>                                184,953
<ALLOWANCE-OPEN>                               132,986
<CHARGE-OFFS>                                   50,675
<RECOVERIES>                                    14,531
<ALLOWANCE-CLOSE>                              242,442
<ALLOWANCE-DOMESTIC>                           211,812
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         30,630



</TABLE>


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