{"schema_version":"secwatch.filing_event.v1","accession":"0000811830-22-000044","form_type":"8-K","ticker":"SNUS-PI","cik":"0000811830","company_name":"Santander Holdings USA, Inc.","filed_at":"2022-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.633522+00:00","generated_at":"2026-06-21T19:07:23.191181+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SHUSA Q3 2022 net income $228M, down 68% YoY; credit loss expense $636M","bullets":["Net income attributable to SHUSA $228M vs $707M in Q3 2021; pre-tax income $304M vs $1,084M.","Credit loss expense $636M vs $20M a year ago; net charge-off ratios normalizing but still below pre-pandemic.","CET1 ratio 15.2% (down 170bps QoQ) after $1.75B dividend paid to parent Santander.","Total loans $96.8B, up 5% YoY; auto originations $8.2B flat QoQ and up 5% YoY.","Net interest income $1.599B, up 4% YoY; NIM 4.5% vs 4.8% in Q3 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0000811830-22-000044","json":"https://secwatch.observer/filing/0000811830-22-000044.json","markdown":"https://secwatch.observer/filing/0000811830-22-000044.md","text":"https://secwatch.observer/filing/0000811830-22-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811830/000081183022000044/0000811830-22-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811830/000081183022000044/sov-20221115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T19:07:23.191181+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"99314227f0ab81634f4966ea3f0ea9f5f1e64789","claim":"Santander Holdings USA, Inc. reported 3Q22 results: revenue $1,599, net income $228.","evidence_excerpt":"NET INTEREST INCOME (NII) ($M) PRE-TAX INCOME ($M) NET INCOME ATTRIBUTABLE TO SHUSA1,2 ($M) PPNR ($M) 1 Net income includes noncontrolling interest (“NCI”). 2 See Appendix for the consolidating income statement. $1,534 $1,505 $1,480 $1,533 $1,599 3Q21 4Q21 1Q22 2Q22 3Q22 $1,084 $903 $778 $546 $304 3Q21 4Q21 1Q22 2Q22 3Q22 $707 $570 $616 $439 $228 3Q21 4Q21 1Q22 2Q22 3Q22 $1,104 $917 $995 $950 $940 3Q21 4Q21 1Q22 2Q22 3Q22","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/811830/000081183022000044/0000811830-22-000044-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"3Q22"},{"label":"Revenue","value":"$1,599"},{"label":"Net income","value":"$228"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}