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2010

Santander Consumer USA Agrees to Acquire Certain Auto LoanAssets from Citigroup

[DALLAS, Texas – June 24, 2010] – Santander Consumer USA (“Santander”), an affiliate of Banco Santander, has reached an agreement with Citi to purchase $3.2 billion of CitiFinancial Auto’s auto loan portfolio. In addition, Santander and Citi have entered into an agreement under which Santander will service a portfolio of approximately $7.2 billion of auto...

Santander Profile in Time Magazine

MADRID – In Santander City the functional is exalted and the fancy eschewed. The bank runs the same way, thanks to Botín’s commitment to banking’s stodgiest virtues: conservatism, patience and the sort of loans that don’t need to be sliced and diced into nonsensical instruments like those that caused the meltdown on Wall Street. Botín...

2009

DRN Provides Santander With Asset Recovery Technology

FORT WORTH, Texas —Digital Recognition Network (DRN), a provider of asset location technology and services, announced that Santander Consumer USA (SC USA) has selected DRN to provide license plate recognition (LPR) technology and services to aid in recovering targeted vehicle assets.

2008

Magnum Selected by Santander Consumer USA Inc. for Credit Data Retrieval and Processing Services

ATLANTA, GA – November 19, 2008 – MagnumTM, a leader in credit data access, analysis and decision applications, announced that Santander Consumer USA Inc. (SC) has selected Magnum’s Service Bureau for its loan scoring and decision management platform. Santander Consumer USA, a leader in automotive finance, was looking for ways to improve its scoring, decision...

Drive Financial Services Selects VINtek for Title Management Services

[PHILADELPHIA, Oct. 23, 2008] – VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, announced that Dallas-based Drive Financial Services, d/b/a Drive Financial, a nationwide lender with a $6.2 billion non-prime auto portfolio and relationships with approximately 12,000 dealers in all 50...

NPR – Spain’s Banco Santander Weathers Crisis

October 9, 2008 – Spain’s banks appear to be immune to the global financial crisis, and one in particular is even taking advantage of it and buying up banks in trouble. At Banco Santander in the Madrid suburb of Colmenar Viejo, a long line of customers includes senior citizens, a Moroccan immigrant applying for a...

Business Week – The Rise of Santander

October 1, 2008 -As financial institutions worldwide struggle to stay afloat, Banco Santander (STD) — now the euro zone’s largest bank by market value — is emerging as one of the few winners in the global economic crisis. With no exposure to toxic U.S. subprime assets, a diversified business spread across Europe and the Americas,...

Special Notice – Disaster Relief Response

DALLAS, TX – September 25, 2008 – Drive Financial Services (d/b/a Drive®) shares in the concern for our customers in Texas and Louisiana who have been impacted by Hurricane Ike. Currently, our service representatives are working with qualified customers on an individual basis to provide disaster relief accommodations in the form of payment deferments and...

Drive Financial Services Expands Presence and Use of Services in Terremark Datacenters

[ Terremark Worldwide Inc. · 2008-02-07 ] – Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading provider of managed IT infrastructure services, today announced that Drive Financial Services Inc. (formerly Drive Financial Services® LP) has selected Terremark to provide high availability disaster recovery services to the existing managed infrastructure environment that manages their business continuity plans. Santander’s...

2018

Santander Consumer USA Holdings Inc. Reports Third Quarter 2018 Net Income of $232 million

Total Auto Originations of $7.6 Billion Increased 52% YoY; Santander Holdings USA Terminated 2015 Written Agreement, Company Executes On Previously Announced Share Repurchase Plan and Declares $0.20 Per Share Cash Dividend Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced net income for the third quarter ended September 30, 2018 (“Q3 2018”) of $232...

Santander Consumer USA Holdings Inc. Reports Second Quarter 2018 Net Income of $335 million

Total Auto Originations of $7.9 Billion Increased 45% YoY; Company Declares $0.20 Per Share Cash Dividend and Announces Inaugural $200 Million Share Repurchase Program; Begins Originations Program With Santander Bank  Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced net income for the second quarter ended June 30, 2018 (“Q2 2018″) of $335 million,...

Santander Consumer USA Holdings Inc. Announces Planned Capital Actions

Today, Santander Holdings USA, Inc. (“SHUSA”), the parent company of Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or “the Company”), announced that the Board of Governors of the Federal Reserve System (“Federal Reserve”) did not object to the planned capital actions described in SHUSA’s 2018 Capital Plan. The SC portion of the SHUSA capital...

Santander Consumer Issues Statement on Chrysler Capital

Santander Consumer USA and Fiat Chrysler US exploring options for Chrysler Capital Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or “the Company”) is in exploratory discussions with FCA US LLC (“FCA”) regarding plans for FCA’s US operations. Specifically, FCA expressed its desire to establish a captive US auto finance unit in the future, and...

Santander Consumer USA Holdings Inc. Reports First Quarter 2018 Net Income of $242 million

Total Auto Originations of $6.3 Billion Increased 18% YoY, with Increased Volume Across All Origination Channels Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced net income for the first quarter ended March 31, 2018 (“Q1 2018″) of $242 million , or $0.67 per diluted common share. The Company has declared a cash dividend...

Santander Consumer USA And AutoGravity Work To Transform The Car-Buying And Financing Journey

Santander Consumer USA’s finance offers are now available on the AutoGravity mobile application Santander Consumer USA Holdings Inc. (NYSE: SC) today announced it has reached an agreement with automotive technology leader AutoGravity to streamline and simplify the car-buying process for consumers. Through this agreement, Santander Consumer USA’s indirect finance offers will be available to AutoGravity...

Santander Consumer USA And AutoFi Team Up To Provide Car Buyers And Dealers With Fast And Easy Online Sales And Financing

Santander Consumer USA, working with Santander InnoVentures, will become a lending choice on AutoFi’s online finance platform Santander Consumer USA Holdings Inc. (NYSE: SC, or the Company) today announced that it will work with automotive technology leader AutoFi to streamline and simplify the car-buying process for consumers, while giving dealers a robust digital sales channel....

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2017 Results

2017 Milestones Pave the Way for 2018 with Continued Focus On Financial and Operational Performance, Fiat Chrysler and Other Key Origination Channels Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the fourth quarter of 2017 (“Q4 2017”) of $580 million , or $1.61 per diluted common share....

2017

Santander Consumer USA Holdings Inc. Announces 2018 Quarterly Earnings Release Dates

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) announces its 2018 quarterly earnings release dates. The results webcast will be held on the following dates at 9 a.m. Eastern Time: Q4 2017: Wednesday, January 31, 2018 Q1 2018: Tuesday, April 24, 2018 Q2 2018: Wednesday, July 25, 2018 Q3 2018: Wednesday, October 31, 2018 Conference...

Santander Consumer USA Holdings Inc. Reports Third Quarter 2017 Net Income of $199 million

Quarter Marked By Strong Financial and Operational Performance, New Leadership Team and Significant Regulatory Progress, Leading To First Dividend Declaration Since 2014 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced net income for the third quarter ended September 30, 2017 (“Q3 2017”) of $199 million , or $0.55 per diluted common share. This...