Santander Consumer USA (SC) Reports Q2 EPS of $0.59

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Go back to Santander Consumer USA (SC) Reports Q2 EPS of $0.59

Santander Consumer USA Holdings Inc. Reports Third Quarter 2016 Results

November 9, 2016 6:05 AM EST

DALLAS, Nov. 9, 2016 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") today announced net income for third quarter 2016 of $214 million, or $0.59 per diluted common share.

Third Quarter 2016 Key Highlights (variances compared to third quarter 2015):

One-time tax benefit of $11 million, or $0.03 per diluted common share Total auto originations of $5.2 billion Chrysler Capital lease originations of $1.3 billion, down 17% Chrysler Capital retail originations of $1.9 billion, down 39% Core retail auto originations of $2.0 billion, down 29% Net finance and other interest... More