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Commitment to Diversity, Equity and Inclusion Takes More Than Talk

Metrics, best practices, commitment and specific programs are among the key factors that lead to success. ....

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Santander Consumer USA Partners with Wheels of Success to Provide Vehicles for Individuals in Need

/PRNewswire/ Santander Consumer USA Inc. ("Santander Consumer" and "Santander") today announced a four-year commitment to donate two used vehicles every. ....

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Chrysler Capital to serve as title sponsor for Chrysler Minority Dealers Association

Chrysler Capital to serve as title sponsor for Chrysler Minority Dealers Association
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Santander Consumer USA Announces Chrysler Capital will Serve as Title Sponsor for the Chrysler Minority Dealers Association

Santander Consumer USA Announces Chrysler Capital will Serve as Title Sponsor for the Chrysler Minority Dealers Association
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Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2020 Results

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DALLAS, Feb. 3, 2021 /PRNewswire/ Santander Consumer USA Holdings Inc. (NYSE: SC) ( SC or the Company ) today announced net income for the fourth quarter ended December 31, 2020 ( Q4 2020 ) of $521 million, or $1.70 per diluted common share. Net income for the full year 2020 ( 2020 ) was $911 million, or $2.87 per diluted common share.
As a result of the Federal Reserve Board s extended interim policy (the Interim Policy ), SC is prohibited from paying a dividend in the first quarter of 2021. Although SC s standalone income is sufficient, SC consolidates into SHUSA s capital plan and, therefore, the calculation of the restrictions uses SHUSA s average trailing four quarters of income, which is insufficient to permit dividends under the Interim Policy. SHUSA has requested certain exceptions to the Interim Policy, however, the timing and outcome of the request is uncertain. ....

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