Stock Monitor: Arlington Asset Investment Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 9, 2018 / If you want access to our free earnings report on Santander Consumer USA Holdings Inc. (NYSE: SC) ("Santander Consumer"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SC. The Company posted its financial results on April 24, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). Santander Consumer's net income per diluted share increased on a y-o-y basis, which beat market consensus estimates. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Arlington Asset Investment Corp. (NYSE: AI), which also belongs to the Financial sector as the Company Santander Consumer USA Holdings. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=AI

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Santander Consumer USA Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=SC

Earnings Highlights and Summary

During Q1 FY18, Santander Consumer's total finance and other interest income came in relatively flat at $1.63 billion compared to Q1 FY17. The Company's total finance and other interest income numbers for the reported quarter beat market consensus estimates of $1.61 billion.

The Company's interest on finance receivables and loans fell to $1.11 billion in Q1 FY18 from $1.21 billion in the prior year's same quarter, primarily due to a decline of 4.9% in the average outstanding balance of the portfolio. Meanwhile, the Company's leased vehicle income increased to $504.28 million in Q1 FY18 compared to $418.23 million in Q1 FY17. The Company's other finance and interest income also improved to $7.14 million in Q1 FY18 from $3.83 million in Q1 FY17.

The Dallas, Texas-based Company reported a net income of $242.30 million, or $0.67 per diluted share, in Q1 FY18 compared to $143.43 million, or $0.40 per diluted share, in Q1 FY17. Furthermore, the Company's net income for the reported quarter topped Wall Street's expectations of $0.40 per diluted share.

Earnings Metrics

During the reported quarter, the consumer finance Company's return on average assets came in at 2.4% versus 1.5% in Q1 FY17. The return on average equity was 14.7% in Q1 FY18 versus 10.8% in the year-ago comparable period. Additionally, the Company's net interest margin was 10.3% in the reported quarter compared to 11.2% in Q1 FY17.

As of March 31, 2018, the Company's common equity Tier 1 capital ratio was 16.9% compared to 13.8% as on March 31, 2017. The Company's yield on earning assets was 12.7% in Q1 FY18 compared to 13.5% in the year-ago corresponding quarter. Furthermore, the Company's cost of debt was 3.1% in Q1 FY18 compared to 2.9% in Q1 FY17.

Dividend and Share Repurchase

In its earnings press release, Santander Consumer's Board of Directors declared a quarterly cash dividend of $0.05 per share. The dividend is payable on May 14, 2018, to shareholders of record as on May 04, 2018.

Stock Performance Snapshot

May 8, 2018 - At Tuesday's closing bell, Santander Consumer USA's stock advanced 2.02%, ending the trading session at $19.16.

Volume traded for the day: 1.51 million shares.

Stock performance in the last month ? up 21.34%; previous three-month period ? up 15.14%; past twelve-month period ? up 52.43%; and year-to-date ? up 2.90%

After yesterday's close, Santander Consumer USA's market cap was at $6.98 billion.

Price to Earnings (P/E) ratio was at 10.89.

The stock has a dividend yield of 1.04%.

The stock is part of the Financial sector, categorized under the Mortgage Investment industry. This sector was up 0.2% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors