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Santander Consumer USA Holdings Inc (SC.N)

SC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Santander Consumer USA Holdings Reports Q4 Earnings Per Share $1.61
Wednesday, 31 Jan 2018 06:28am EST 

Jan 31 (Reuters) - Santander Consumer USA Holdings Inc ::Q4 EARNINGS PER SHARE $1.61.Q4 EARNINGS PER SHARE $0.27 EXCLUDING ITEMS.QTRLY NET FINANCE AND OTHER INTEREST INCOME OF $1.0 BILLION, DOWN 11%.QTRLY COMMON EQUITY TIER 1 CAPITAL RATIO OF 16.3% VERSUS 13.4% - SEC FILING.Q4 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.  Full Article

Santander Holdings Announces Pricing Of Private Offering Of Senior Notes
Monday, 11 Dec 2017 04:32pm EST 

Dec 11 (Reuters) - Santander Consumer USA Holdings Inc ::SANTANDER HOLDINGS USA, INC. ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES.SANTANDER HOLDINGS USA SAYS PRICED $250 MILLION OF 4.400% SENIOR UNSECURED NOTES DUE 2027.SANTANDER HOLDINGS USA SAYS PRICED $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.400% SENIOR UNSECURED NOTES DUE 2023.  Full Article

Santander Consumer USA Holdings reports Q3 earnings per share $0.55
Friday, 27 Oct 2017 06:18am EDT 

Oct 27 (Reuters) - Santander Consumer USA Holdings Inc :Q3 earnings per share $0.55.Santander Consumer USA Holdings Inc qtrly ‍total auto originations of $5.0 billion, down 3%​.Santander Consumer USA Holdings Inc qtrly ‍net finance and other interest income of $1.1 billion, down 10%​.Santander Consumer USA Holdings Inc qtrly ‍return on average assets of 2.0%, down from 2.2%​.Santander Consumer USA Holdings Inc qtrly ‍common equity tier 1 ratio of 15.0%, up 190 bps​.Q3 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.  Full Article

Santander Consumer USA ‍appoints Juan Carlos Alvarez De Soto as CFO - SEC filing
Monday, 2 Oct 2017 08:24am EDT 

Oct 2 (Reuters) - Santander Consumer Usa Holdings Inc :Santander Consumer USA Holdings Inc says ‍appointment of Juan Carlos Alvarez De Soto as CFO; departure of Ismail Dawood as CFO - SEC filing.  Full Article

Santander US provides update on hurricane Harvey relief efforts
Tuesday, 5 Sep 2017 08:00am EDT 

Sept 5 (Reuters) - Santander Consumer USA Holdings Inc ::Santander US provides update on hurricane Harvey relief efforts.Santander Consumer USA Holdings Inc - ‍has suspended loan collection and automotive repossession activities​.Santander Consumer USA Holdings Inc - ‍offering temporary loan assistance to customers in form of loan modifications and suspended late fees​.Santander consumer usa - ‍affected hurricane harvey areas account for approximately 3.5 percent of sc's active retail and lease loan balance as of sept 4.Santander consumer usa holdings inc - ‍sc's portfolio of repossessed vehicles in hurricane-affected area has not incurred material damage​.  Full Article

Scott Powell appointed CEO of Santander Consumer USA Holdings
Monday, 28 Aug 2017 06:30am EDT 

Aug 28 (Reuters) - Santander Consumer USA Holdings Inc :Scott Powell appointed president and chief executive officer of Santander Consumer USA Holdings Inc..Santander Consumer USA Holdings Inc - ‍Scott Powell will succeed Jason Kulas as president and chief executive officer, effective immediately​.Santander Consumer USA - ‍Powell will continue to serve as CEO of Santander Holdings USA and as Santander Group's United States country head​.  Full Article

Santander Consumer USA Holdings Inc reports second quarter 2017 results
Friday, 28 Jul 2017 07:15am EDT 

July 28 (Reuters) - Santander Consumer Usa Holdings Inc :Q2 earnings per share $0.74.Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Santander Consumer USA Holdings Inc qtrly net finance and other interest income of $1.1 billion, down 6 percent.Santander Consumer USA Holdings Inc qtrly common equity tier 1 ratio of 14.3 percent, up 170 bps.Santander Consumer USA Holdings Inc - provision for credit losses increased to $521 million in Q2 2017, from $512 million in Q2 2016.  Full Article

Santander Holdings USA announces pricing of private offering of senior notes
Monday, 10 Jul 2017 05:10pm EDT 

July 10 (Reuters) - Santander Consumer USA Holdings Inc ::Santander Holdings USA, Inc. Announces pricing of private offering of senior notes.Santander Consumer USA Holdings Inc says has priced $800 million in aggregate principal amount of 4.400% senior unsecured notes due 2027.Santander Consumer USA Holdings Inc - priced $440 million in aggregate principal amount of 3.700% senior unsecured notes due 2022.  Full Article

Santander reports Q1 EPS $0.40
Wednesday, 26 Apr 2017 06:15am EDT 

April 26 (Reuters) - Santander Consumer Usa Holdings Inc :Net income for q1 $0.40 per diluted common share.Qtrly net finance and other interest income of $1.1 billion, down 8 pct.Qtrly common equity tier 1 ratio of 13.8 pct, up 170 bps.Provision for credit losses decreased to $635 million in Q1 of 2017, from $660 million in Q1 of 2016.  Full Article

Santander Consumer USA Holdings provides update on filings
Friday, 23 Sep 2016 07:00am EDT 

Santander Consumer Usa Holdings Inc : Santander Consumer USA Holdings Inc. provides update on filings . Q2 earnings per share $0.78 . Q2 earnings per share view $0.68 -- Thomson Reuters I/B/E/S . Audit committee of board concluded these financial statements and disclosures should no longer be relied upon . No material impact expected to net cash from operating, investing or financing activities . Preliminary Q2 2016 provision for credit losses of $511 million . To restate financial statements for FY 2013, 2014 and 2015, and quarters within 2014 and 2015, Q1 of 2016 .Expected cumulative impact of errors is increase to total equity of about 1%, as of March 31, 2016.  Full Article

BRIEF-Santander Consumer USA Holdings Qtrly Earnings Per Share $0.67

* NET FINANCE AND OTHER INTEREST INCOME DECREASED 8 PERCENT TO $1.0 BILLION IN Q1 2018 FROM $1.1 BILLION IN Q1 2017