Santander Consumer USA (SC) Misses Q4 EPS by 13c

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Go back to Santander Consumer USA (SC) Misses Q4 EPS by 13c

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2016 Results

January 25, 2017 6:05 AM EST

DALLAS, Jan. 25, 2017 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") today announced net income for the fourth quarter 2016 of $61 million, or $0.17 cents per diluted common share.

Full year 2016 net income was $766 million, or $2.13 cents per diluted common share.

Fourth Quarter 2016 Key Highlights (variances compared to fourth quarter 2015):

Total auto originations of $4.5 billion, down 24% Core retail auto originations of $2.0 billion, up 1% Total Chrysler Capital originations of $2.5 billion, down 36% Total finance and other interest income of $1.6 billion, up 4%... More