Investor Presentaiton
Auto Delinquency and Portfolio
The percentage of > 640 FICO loans in the loan portfolio has increased since 2016 from 14% to 41%
The higher mix of the prime loans implies a better credit profile and decreases the total delinquency rates
7.00%
6.00%
☐
Deposit funding increased to 30% for 2022 from 17% in 2019 as a result of One-Auto Strategy
SC and SBNA 60+ Delinquency Rates
US RICS and Auto Loan Distribution by FICO Segment¹
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
Q1'19
Q1'20
Q1'21
Q1'22
Q1'23 (e)
Total
-SBNA
SC
Santander
14%
15%
21%
34%
38%
39%
41%
17%
17%
18%
16%
16%
16%
17%
>=640
53%
51%
Estimated to be
below pre-pandemic
51%
600-639
41%
38%
38%
"normal levels"
35%
<600
No FICO
16%
17%
11%
9%
9%
7%
7%
2016
2017
2018
2019
2020
2021
2022
% funded with deposits
17%
18%
22%
30%
Note: NCOs are in IFRS.
(1) Consumer RICS and auto loans, excludes commercial fleet. Excludes LHFS.
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