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2011

RoadLoans.com® mobile loan application for Android™ Smartphones

Consumers can apply for a loan directly from their mobile device; RoadLoans.com is now accessible on iPhone and Android™ devices [DALLAS, Texas – March 10, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has released its second free mobile application for consumers shopping for automobiles – this...

RoadLoans.com® Launches Redesigned Web Site

Streamlined site features more tools for car buyers, including instant loan approval [DALLAS, Texas – February 1, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has launched its next-generation Web site. Designed around the online car shopper, the site features an abundance of online tools to help...

RoadLoans® launches car-financing application for the iPhone

Consumers can apply for a loan directly from their mobile device [DALLAS, Texas – Janurary 10, 2011] – Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans brand, has released its first free iPhone application for consumers shopping for automobiles. RoadLoans is a leading Internet auto lending program that allows consumers...

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,...

2019

Santander Consumer USA Announces $400 Million Share Repurchase Program During Q2 2019

Santander Consumer USA Holdings lnc. (NYSE: SC) (“SC”, “Santander Consumer” or the “Company”) today announced that its board of directors authorized, and the Board of Governors of the Federal Reserve System (“Federal Reserve”) did not object to, the repurchase of up to $400 million of the Company’s common stock as part of an amended 2018...

Santander Consumer USA Holdings Inc. Reports First Quarter 2019 Net Income of $248 million

Total Auto Originations of $7.0 Billion Increased 10% YoY; Declares $0.20 Per Share Cash Dividend  Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the first quarter ended March 31, 2019 (“Q1 2019”) of $248 million, or $0.70 per diluted common share. The Company has declared a cash...

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2018 Results

Santander Holdings USA Terminated 2015 Written Agreement, Company Completed $200 Million 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 fourth quarter ended December 31, 2018 (“Q4 2018”) of $104 million, or $0.29 per diluted common share. Net income for...

Santander Consumer USA Holdings Inc. Announces 2019 Quarterly Earnings Release Dates

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) announces its 2019 quarterly earnings release dates. The results webcast will be held on the following dates and times: Q4 2018: Wednesday, January 30, 2019 at 10 a.m. Eastern Time Q1 2019: Tuesday, April 30, 2019 at 9 a.m. Eastern Time Q2 2019: Wednesday, July 24, 2019...

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 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...

2017

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2016 Results

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) today announced net income for the fourth quarter 2016 of $61 million , or $0.17 cents per diluted common share. Full year 2016 net income was $766 million, or $2.13 cents per diluted common share. Fourth Quarter 2016 Key Highlights (variances compared to fourth quarter 2015): Total...

Santander Consumer USA Holdings Inc. Announces 2017 Quarterly Earnings Release Dates

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) announces its 2017 quarterly earnings release dates. The results webcast will be held on the following dates at 9 a.m. Eastern Time: Q4 2016: Wednesday, January 25, 2017 Q1 2017: Wednesday, April 26, 2017 Q2 2017: Thursday, July 27, 2017 Q3 2017: Thursday, October 26, 2017 Conference...