Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 26, 2015 2:57 AM ET

Banks

Company Overview of Santander Consumer Bank AS

Company Overview

Santander Consumer Bank AS provides various banking services in Norway. The company operates through Norway, Sweden, Denmark, and Finland segments. It offers car and leisure finance, consumer loans, credit cards, and savings account, as well as leasing and consignment services. The company is headquartered in Lysaker, Norway. Santander Consumer Bank AS is a subsidiary of Santander Consumer Finance S.A.

Strandveien 18

PO Box 177

Lysaker,  1325

Norway

618 Employees

Phone:

47 21 08 30 00

Fax:

47 21 08 33 62

Key Executives for Santander Consumer Bank AS

Chief Executive Officer and Director
Chairman and Managing Director
Chairman of Control Committee
Deputy Chairman of Control Committee
Compensation as of Fiscal Year 2014.

Santander Consumer Bank AS Key Developments

Santander Consumer Bank AS Reports Consolidated and Parent Earnings Results for the Year Ended December 31, 2014

Santander Consumer Bank AS reported consolidated and parent earnings results for the year ended December 31, 2014. For the year, on consolidated basis, the company's total interest income and similar income was NOK 5,208.770 million compared to NOK 4,577.904 million a year ago. Net interest and credit commission income was NOK 3,493.237 million compared to NOK 3,023.326 million a year ago. Operating result was NOK 1,320.807 million compared to NOK 1,392.500 million a year ago. Profit after tax was NOK 956.408 million compared to NOK 1,016.043 million a year ago. Net cash flow used in operations was NOK 7,332.051 million compared to NOK 9,750.730 million a year ago. Purchase of fixed assets was NOK 99.129 million compared to NOK 189.714 million a year ago. The return on net earning assets (ROA) of 1,23% is down compared to last year, mainly due to increased loan write downs. For the year, on parent basis, the company's total interest income and similar income was NOK 3,797.826 million compared to NOK 3,364.496 million a year ago. Net interest and credit commission income was NOK 2,565.948 million compared to NOK 2,261.754 million a year ago. Operating result was NOK 1,330.114 million compared to NOK 1,098.347 million a year ago. Profit after tax was NOK 1,032.483 million compared to NOK 808.534 million a year ago. Net cash flow from operations was NOK 4,654.645 million compared to NOK 4,359.423 million a year ago. Purchase of fixed assets was NOK 90.151 million compared to NOK 183.654 million a year ago.

Santander Consumer Bank AS Reports Unaudited Consolidated and Company Earnings Results for the Year Ended December 31, 2014

Santander Consumer Bank AS reported unaudited consolidated and company earnings results for the year ended December 31, 2014. For the year, on company basis, the company reported total interest income and similar income of NOK 3,797,826,000 against NOK 3,364,496,000 a year ago. Net interest and credit commission income was NOK 2565,948,000 against NOK 2,261,754,000 a year ago. Total commission income and income from banking services was NOK 475,084,000 against NOK 417,078,000 a year ago. Total other operating income was NOK 391,306,000 against NOK 27,232,000 a year ago. Operating result was NOK 1,330,114,000 against NOK 1,098,347,000 a year ago. Profit after tax was NOK 1,032,483,000 against NOK 808,534,000 a year ago. Total comprehensive income of the year, net of income tax was NOK 908,956,000 against NOK 707,643,000 a year ago. For the year, on group basis, the company reported total interest income and similar income of NOK 5,208,770,000 against NOK 4,577,904,000 a year ago. Net interest and credit commission income was NOK 3,493,237,000 against NOK 3,023,326,000 a year ago. Total commission income and income from banking services was NOK 392,292,000 against NOK 345,599,000 a year ago. Total other operating income was NOK 36,863,000 against NOK 39,191,000 a year ago. Operating result was NOK 1,320,807,000 against NOK 1,392,500,000 a year ago. Profit after tax was NOK 956,408,000 against NOK 1,016,043,000 a year ago. Total comprehensive income of the year, net of income tax was NOK 798,127,000 against NOK 993,495,000 a year ago.

Santander Consumer Bank AS Announces Group and Parent Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year of 2014

Santander Consumer Bank AS announced group and parent earnings results for the third quarter and nine months ended September 30, 2014. For the nine months, on the group basis, the company reported total interest income and similar income of NOK 3,844,208,000 against NOK 3,359,668,000 a year ago. Total commission income and income from banking services was NOK 287,245,000 against NOK 253,939,000 a year ago. Total other operating income was NOK 27,703,000 against NOK 29,854,000 a year ago. Profit before tax was NOK 965,148,000 against NOK 1,048,705,000 a year ago. Profit after tax was NOK 716,066,000 compared to NOK 768,328,000 a year ago. For the nine months, on the parent basis, the company reported total interest income and similar income of NOK 2,810,335,000 against NOK 2,353,959,000 a year ago. Total commission income and income from banking services was NOK 351,765,000 against NOK 308,634,000 a year ago. Total other operating income was NOK 384,503,000 against NOK 20,483,000 a year ago. Profit before tax was NOK 1,083,749,000 compared to NOK 827,664,000 a year ago. Profit after tax was NOK 884,718,000 compared to NOK 599,235,000 a year ago. For the quarter, on the group basis, the company reported total interest income and similar income of NOK 1,307,263,000 against NOK 1,184,509,000 a year ago. Total commission income and income from banking services was NOK 103,926,000 against NOK 96,772,000 a year ago. Total other operating income was NOK 9,307,000 against NOK 11,699,000 a year ago. Profit before tax was NOK 429,134,000 compared to NOK 365,586,000 a year ago. Profit after tax was NOK 334,089,000 compared to NOK 269,321,000 a year ago. Net cash outflow from operations was NOK 4,072,816,000 against NOK 447,082,000 a year ago. Purchase of fixed assets was NOK 171,857,000 against NOK 65,871,000 a year ago. For the quarter, on the parent basis, the company reported total interest income and similar income of NOK 979,448,000 against NOK 838,537,000 a year ago. Total commission income and income from banking services was NOK 121,367,000 against NOK 114,021,000 a year ago. Total other operating income was NOK 370,991,000 against NOK 7,673,000 a year ago. Profit after tax was NOK 569,134,000 against NOK 212,063,000 a year ago. Profit before tax was NOK 646,238,000 compared to NOK 291,137,000 a year ago. Net cash flow from operations was NOK 3,521,162,000 compared to net cash inflows of NOK 370,701,000 a year ago. Purchase of fixed assets was NOK 62,668,000 compared to NOK 61,504,000 a year ago. For the full year of 2014, the group expects an overall increase in new business volume for all products, with some variations between the countries, and a relative higher growth in unsecured lending vs. auto finance. This will to some extent increase net interest income.

Similar Private Companies By Industry

Company Name Region
Netfonds Bank ASA Europe
Sparebank 1 Skadeforsikring AS Europe
DNB Bank ASA Europe
BNP Paribas Norway Europe
Larvikbanken Brunlanes Sparebank Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Santander Consumer Bank AS, please visit www.santanderconsumer.no. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.