Santander US Quarterly Financial Analysis
SHUSA: QUARTERLY TRENDED STATEMENT OF OPS
($ in Millions)
Interest income
Interest expense
Net interest income
Fees & other income
Other non-interest income
Net revenue
General, administrative, and other expenses
Provision for credit losses
Income before taxes
Income tax (expense)/benefit
Net income
Less: Net income attributable to NCI
Net income attributable to SHUSA
NIM
45
25
2Q19
3Q19
4Q19
1Q20
2Q20
$
2,176 $
2,185 $ 2,148 $
2,110
1,968
(554)
(566)
(549)
(524)
(429)
Ꭿ
1,622 $
1,619 $
1,599 $
1,586
1,539
961
999
866
1,018
911
2
2
3
9
23
2,585 $
2,620 $
2,468 $
2,613
2,473
(1,542)
(1,633)
(1,647)
(1,583)
(3,431)
(481)
(604)
(608)
(1,186)
(1,124)
EA
562 $
383 $
213 $
(156)
(2,082)
(155)
(113)
(87)
33
186
407
270
126
(123)
(1,896)
111
67
39
4
(23)
296
203
87
(127)
(1,873)
2Q19
3Q19
4Q19
1Q20
2Q20
5.7%
5.6%
5.4%
5.3%
4.9%
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