Santander Consumer USA (SC) Tops Q1 EPS by 98c

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Go back to Santander Consumer USA (SC) Tops Q1 EPS by 98c

Santander Consumer USA Holdings Inc. Reports First Quarter 2021 Results

April 28, 2021 6:15 AM EDT

DALLAS, April 28, 2021 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" or the "Company") today announced net income for the first quarter ended March 31, 2021 ("Q1 2021") of $742 million, or $2.42 per diluted common share.

On April 27, 2021, Santander Holdings USA, Inc. received an exception to the extended interim policy (the "Interim Policy") from the Federal Reserve. As a result, the SC Board of Directors will consider declaring a dividend during the second quarter 2021.

Management Quotes

"Our first quarter results demonstrate the strength of our business model and our people, supported by... More