Santander US Quarterly Financial Analysis slide image

Santander US Quarterly Financial Analysis

9 DFAST RESULTS & CAPITAL UPDATE Based on its 2020 Dodd-Frank Act Stress Test ("DFAST") results, SHUSA's minimum capital ratios under the Federal Reserve's severely adverse scenario ranked in the top quartile among participating banks On July 31, SC announced that SHUSA's request for certain exceptions to the Federal Reserve's interim policy related to the DFAST and Comprehensive Capital Analysis and Review has been approved SC's Board of Directors has declared a quarterly cash dividend of $0.22 per share of common stock payable to shareholders of record as of August 13, 2020. The dividend will be payable to shareholders of record on August 24, 2020. The Federal Reserve's approval also permits the Company to authorize SC to continue its share repurchase program of SC's outstanding common stock through the end of the third quarter of 2020 Santander
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