Macquarie Upgrades Santander Consumer USA Holdings Inc. (SC) to Outperform

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Go back to Macquarie Upgrades Santander Consumer USA Holdings Inc. (SC) to Outperform

Santander Consumer USA Holdings Inc. Reports First Quarter 2015 Results

April 28, 2015 7:15 AM EDT

DALLAS, April 28, 2015 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SCUSA") today announced net income for first quarter 2015 of $289.2 million, or $0.81 per diluted common share, up from the fourth quarter 2014 net income of $247.0 million, or $0.69 per diluted common share, and up from first quarter 2014 net income of $81.5 million, or $0.23 per diluted common share. Core net income1 for the first quarter 2014 was $157.3 million, or $0.44 per diluted common share, which translates to a year-over-year core net income1 growth of 84 percent.

First Quarter 2015 Key... More