Santander Consumer USA (SC) Tops Q3 EPS by 6c

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Santander Consumer USA Holdings Inc. Reports Third Quarter 2015 Results

October 29, 2015 6:01 AM EDT

DALLAS, Oct. 29, 2015 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") today announced net income for third quarter 2015 of $223.9 million, or $0.62 per diluted common share, up 17 percent from third quarter 2014 net income of $191.4 million, or $0.54 per diluted common share, and down 22 percent from second quarter 2015 net income of $285.5 million, or $0.79 per diluted common share.

Third Quarter 2015 Key Highlights:

Total originations of $7.6 billion, in line with $7.6 billion originated in prior quarter and up from $7.4 billion originated in prior year third quarter... More