Santander Consumer USA (SC) Tops Q2 EPS by 16c

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Go back to Santander Consumer USA (SC) Tops Q2 EPS by 16c

Santander Consumer USA Holdings Inc. Reports Second Quarter 2018 Net Income of $335 million

July 25, 2018 6:20 AM EDT

DALLAS, July 25, 2018 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") today announced net income for the second quarter ended June 30, 2018 ("Q2 2018") of $335 million, or $0.92 per diluted common share.

The Company has declared a cash dividend of $0.20 per share, to be paid on August 8, 2018, to shareholders of record as of the close of business on August 6, 20181. In addition, the Company received authorization to repurchase $200 million of outstanding common stock through June 30, 20191.

"We had a strong second quarter, with clear momentum in our business performance... More