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2008

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,...

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...

[ 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...

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....

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...

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...

2021

Santander Consumer USA Holdings Inc. Announces Second Quarter Dividend

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”), today announced that the Board of Directors declared a quarterly cash dividend of $0.22 per share of common stock to shareholders of record as of May 10, 2021. The dividend will be payable on May 20, 2021. Forward-Looking Statements This press release contains forward-looking statements...

Santander Consumer USA Holdings Inc. Reports First Quarter 2021 Results

Net Income of $742 Million and $8.6 Billion in Originations in the First Quarter 2021  Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the first quarter ended March 31, 2021 (“Q1 2021”) of $742 million, or $2.42 per diluted common share. On April 27, 2021, Santander Holdings...

Santander Consumer USA Holdings Inc. Announces First Quarter 2021 Earnings Release Date

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”) announces the release date of its first quarter 2021 financial results for Wednesday, April 28, 2021, at 9:00 a.m. Eastern Time. Conference Call Information SC will host a conference call and webcast to discuss its first quarter results and other general matters at 9:00 a.m. Eastern Time...

Santander Consumer USA Holdings Inc. Announces First Quarter and Special Dividend

Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”), today announced that the Board of Directors has declared a quarterly cash dividend of $0.22 per share and a special dividend of $0.22 per share of common stock for a total of $0.44 per share, payable to shareholders of record as of March 29,...

Santander Consumer USA Names Bruce Jackson as Head of Santander Auto Finance

Industry veteran will lead core auto finance channel, alongside Shawn Allgood, who will continue to lead Chrysler Capital  Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”), has named Bruce Jackson as Head of Santander Auto Finance, effective April 28, 2021. Mr. Jackson will join the SC leadership team and report directly to Mahesh Aditya, President...

Santander Holdings USA, Inc. and Santander Consumer USA Inc. Confirm Termination of Written Agreement with Federal Reserve Bank of Boston

Santander Holdings USA, Inc. (“SHUSA”) and Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC”), today confirmed that the Board of Governors of the Federal Reserve System has authorized the Federal Reserve Bank of Boston to terminate its Written Agreement dated March 21, 2017, with SHUSA and SC’s wholly-owned subsidiary, Santander Consumer USA Inc. Since 2015,...

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2020 Results

Net Income of $911 million and Nearly $31 billion in Originations in 2020 Provided Loan Deferrals to ~700,000 Unique Customer Accounts in 2020 Due to COVID-19 Returned Nearly $1 billion in Capital to Shareholders in 2020  Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the fourth quarter...

2020

Santander Consumer USA Holdings Inc. Reports Third Quarter 2020 Results

Net Income of $490 Million; More Than $8 Billion in Originations in the Third Quarter of 2020 Santander Consumer USA Holdings Inc. (NYSE: SC) (“SC” or the “Company”) today announced net income for the third quarter ended September 30, 2020 (“Q3 2020”) of $490 million, or $1.58 per diluted common share. The quarter included $46...