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...
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2006
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...
2020
Santander Consumer USA Holdings Inc. Announces 2020 Quarterly Earnings Release Date Modifications
April 6, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) has made modifications to its previously scheduled 2020 Earnings Release Dates. Please note that there has been a change to the Q1 and Q2 reporting dates. The results webcast will be held on the following dates and times: Q1...
Santander Consumer USA and Chrysler Capital respond to Coronavirus impact on customers and communities
March 23, 2020 Santander Consumer USA (“SC”) and Chrysler Capital today announced several initiatives to support customers and colleagues as the spread of Coronavirus (COVID-19) affects our communities. What we are doing for our customers: We are taking proactive steps to assist affected customers who are suffering financial hardship. Our Customer Assistance Team is providing additional customer support,...
Santander Consumer USA Holdings Inc. Announces Final Results of Tender Offer
March 3, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) announced today the final results of its “modified Dutch Auction” tender offer, which expired at 12:00 midnight, Eastern Time at the end of the day on February 27, 2020. Based on the final count by Computershare Trust Company, N.A., the depositary for the tender...
Santander Consumer USA Holdings Inc. Announces Preliminary Results of Tender Offer
February 28, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) announced today the preliminary results of its “modified Dutch Auction” tender offer, which expired at 12:00 midnight, Eastern Time at the end of the day on February 27, 2020. Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender...
Santander Consumer USA Holdings Inc. Confirms Tender Offer Terms
February 26, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today provided an update regarding its pending “Modified Dutch Auction” tender offer to purchase up to $1 billion of shares of its common stock which commenced on January 30, 2020 and is scheduled to expire at 12:00 midnight, Eastern Time, on February 27, 2020....
Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2019 Results
January 29, 2020 Net Income of $994 Million and More Than $31 Billion in Originations in 2019; Completed $1 Billion Portfolio Acquisition in the Fourth Quarter 2019 Announced Its Intent To Commence a Tender Offer To Purchase Up To $1 Billion of Shares Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income...
Santander Consumer USA Holdings Inc. Announces Intent To Commence Tender Offer To Purchase Up To $1 Billion of its Shares
January 29, 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) announced today that it intends to commence a “modified Dutch Auction” tender offer to purchase up to $1 billion of shares of its common stock, at a range of between $23 and $26 per share, or such lesser number of shares of its common...
2019
Santander Consumer USA Holdings Inc. Announces $1.1 Billion Portfolio Acquisition from Gateway One Lending & Finance
December 18, 2019 Includes the acquisition of $1.1 billion and an additional sub-servicing conversion of $0.5 billion of auto loan assets The transaction demonstrates SC is a servicer of choice for auto assets having acquired or converted more than $2.6 billion in auto assets across two transactions since 2018 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or...
Santander Consumer USA Holdings Inc. Announces 2020 Quarterly Earnings Release Dates
November 27, 2019 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) provides schedule for 2020 Quarterly Earnings Release Dates. SC will host conference calls to review quarterly financial results on the following dates: Q4 2019: Wednesday, January 29, 2020 at 9 a.m. Eastern Time; Q1 2020: Wednesday, May 6, 2020 at 9 a.m. Eastern Time; Q2 2020: Wednesday, July...
Santander Consumer USA Holdings Inc. Reports Third Quarter 2019 Results
October 30, 2019 Net Income of $233 million, Driven by Strong Originations of $8.4 billion, Up 11% Versus Q3’18 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the third quarter ended September 30, 2019 (“Q3 2019”) of $233 million, or $0.67 per diluted common share. The Company has declared a...