April 12, 2007 HERNDON, VA, April 12, 2007 – netASPx, the leading Managed Applications Services provider delivering “Software as a Service” (SaaS) to the Financial Services community is delighted to announce that Drive Financial Services Inc. (a.k.a. Drive Financial Services® and Drive®) has selected netASPx as they continue to embrace the outsourcing model for all of their applications....
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2007
Moody’s Assigns Definitive Ratings To Santander Drive Auto Receivables Trust 2007-1 Asset Backed Notes
April 4, 2007 [Dow Jones & Company, Inc. · 2007-04-04] – The following is a press release from Moody’s Investors Service: Moody’s Assigns Definitive Ratings To Santander Drive Auto Receivables Trust 2007-1 Asset Backed Notes $1.2 Billion of Asset-Backed Securities Rated. New York, April 04, 2007 — Moody’s Investors Service has assigned ratings to the notes issued by...
2006
Santander Consumer Completes $636 Million Acquisition of Drive
December 7, 2006 DALLAS-Dec. 7, 2006 – Banco Santander Central Hispano SA (STD) completed the previously announced acquisition of Drive® for $636 million in cash. Drive’s business plan and executive management team will remain largely unchanged. Thomas Dundon, President and COO, who retains 10 percent ownership, adds the role of Chief Executive Officer. Drive will continue to originate...
Drive Announces Sale of 90% of Company
September 25, 2006 DALLAS-Sept. 25, 2006 – The Board of Managers of Drive Financial Services®, LP has announced that Banco Santander Central Hispano, S.A. (“Santander”) has entered into a definitive agreement with HBOS plc (“HBOS”) and selected members of Drive management to acquire a 90% ownership stake in the Company. “The sale represents a logical move for HBOS...
2018
Santander Consumer USA Holdings Inc. Reports Third Quarter 2018 Net Income of $232 million
October 31, 2018 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
July 25, 2018 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
June 28, 2018 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
June 1, 2018 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
April 24, 2018 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
March 8, 2018 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
January 31, 2018 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
January 31, 2018 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
December 14, 2017 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
October 27, 2017 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...