Santander Consumer USA (SC) Tops Q3 EPS by 4c

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Santander Consumer USA Holdings Inc. Reports Third Quarter 2018 Net Income of $232 million

October 31, 2018 6:15 AM EDT

DALLAS, Oct. 31, 2018 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") today announced net income for the third quarter ended September 30, 2018 ("Q3 2018") of $232 million, or $0.64 per diluted common share.

The Company has declared a cash dividend of $0.20 per share, to be paid on November 15, 2018, to shareholders of record as of the close of business on November 10, 20181.

Management Quotes

"Our performance in the third quarter demonstrates the continued strength in our business," said Scott Powell, SC President and CEO, who is also CEO of Santander US.... More