UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

May 3, 2007
Date of Report (Date of earliest event reported)

SOVEREIGN BANCORP, INC.

(Exact name of registrant as specified in its charter)

Pennsylvania
(State or other jurisdiction
of incorporation) 1-16581
(Commission
File Number) 23-2453088
(IRS Employer
Ident. No.)

1500 Market Street, Philadelphia, Pennsylvania
(Address of principal executive offices) 19102
(Zip Code)

(215) 557-4630
Registrant’s telephone number, including area code

N/A
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

Item 7.01 Regulation FD Disclosure.

On May 3, 2007, Sovereign Bancorp, Inc. posted a new Investor Presentation dated May 3, 2007 on its Investor Relations website at www.sovereignbank.com.

The Investor Presentation, attached as Exhibit 99.1 hereto, is incorporated by reference, and is being furnished to the SEC and shall not be deemed to be “filed” for any purpose.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

99.1 Investor Presentation, dated May 3, 2007, of Sovereign Bancorp, Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 3, 2007	SOVEREIGN BANCORP, INC.
	By:	/s/ Stacey V. Weikel
		Stacey V. Weikel
		Senior Vice President

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EXHIBIT INDEX

Exhibit Number
99.1	Investor Presentation, dated May 3, 2007, of Sovereign Bancorp, Inc.

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