SC News and Press, Santander Consumer USA Holdings Inc. From 02/03/21

Santander Consumer USA Holdings Inc. Reports Fourth Quarter and Full Year 2020 Results Net Income of $911 million and Nearly $31 billion in Originations in 2020 Provided Loan Deferrals to ~700,000 Unique Customer Accounts in 2020 Due to COVID-19 Returned Nearly $1 billio...

Santander Consumer (NYSE:SC) is scheduled to announce Q4 earnings results on Wednesday, February 3rd, before market open.The consensus EPS Estimate is $1.03 (+139.5% Y/Y) and the consensus Revenue Estimate is $1.24B (+6.9% Y/Y).Over the last 1 year, SC has beaten EPS estimates 75% of the time...

Santander Consumer USA Partners with Operation HOPE to Provide Financial Wellness Program for Employees PR Newswire DALLAS , Feb. 2, 2021 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" and "the Company"), has partnered with Operati...

Santander Consumer USA Holdings Inc. Announces Fourth-Quarter and Full-Year 2020 Earnings Release Date PR Newswire DALLAS , Jan. 20, 2021 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") announces the release date of its fourth quarter a...

American Express (AXP) rises 1.3% in premarket trading after JPMorgan analyst Richard Shane double-upgrades the stock to Overweight from Underweight, as the company is poised to rebound from being a top-line laggard to top-line leader in H2 2021."Pent-up demand for leisure travel ha...

One of the strongest sectors in midday trading, financials gain as Treasury yields push up and the yield curve steepens.SPDR S&P Regional Banking ETF (KRE) climbs 2.9% and SPDR S&P Bank ETF (KBE) gains 2.7%, their strongest showing in almost a month. Among other financi...

The Consumer Financial Protection Bureau orders Santander Consumer USA (SC) to pay a $4.75M civil penalty for allegedly violating the Fair Credit Reporting Act.The consent order was issued in connection with Santander, a major originator and servicer of nonprime auto loans and leases, providi...

Earnings will likely increase next year on a year-over-year basis due to low growth in financings and leases. SC is facing considerable credit risks because of the high unemployment in the country and the worsening of the pandemic, which could lead to bad debt in the coming months. ...

OneMain Holdings (OMF) climbs 5.2% after Barclays analyst Mark DeVries upgrades the stock to Overweight from Equal Weight and lifts its price target to $63 from $42.DeVries also upgrades Synchrony Financial ([[SYF]] +0.3%) to Overweight from Equal Weight and boost his price target o...

Santander Consumer USA Names RL Prasad as Chief Risk Officer and Joshua Baer as Head of Pricing and Strategy DALLAS , Dec. 2, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC" and "the Company"), has named Ramamurthy Lakshmana "RL" Prasa...