BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

The following tables outline the discreet financial information regularly provided to the CODM.

NOTE 23. BUSINESS SEGMENT INFORMATION (continued)



Year ended	SHUSA Reportable Segments
	Consumer Activities				Commercial Activities
December 31, 2024	Auto		CBB		C&I		CRE		CIB		Wealth Management		Other (1)		Total
	(in thousands)
Interest income	$	6,413,954	$	2,936,381	$	988,260	$	1,535,054	$	3,886,608	$	372,343	$	(2,666,464)	$	13,466,136
Interest expense	2,764,998		1,466,384		632,687		1,034,675		3,767,155		156,952		(1,934,273)		7,888,578
Fees and other income	71,853		139,054		66,264		75,983		661,321		321,832		89,763		1,426,070
Lease income	2,178,597		—		—		—		—		—		—		2,178,597
Credit loss expense / (benefit)	1,955,368		18,447		(66,184)		69,767		(37,540)		—		(2,739)		1,937,119
Lease expense	1,707,582		—		—		—		611		—		—		1,708,193
General, administrative and other expenses	1,334,282		1,421,597		214,494		138,473		843,645		279,904		333,880		4,566,275
Income/(loss) before income taxes	902,174		169,007		273,527		368,122		(25,942)		257,319		(973,569)		970,638
Total assets	60,421,685		9,505,663		3,740,417		23,265,209		25,351,991		7,570,085		35,393,700		165,248,750

(1) Other includes the results of the immaterial entities, earnings from non-strategic assets, the investment portfolio, interest expense on the Company's borrowings and other debt obligations, amortization of intangible assets and certain unallocated corporate income and indirect expenses.

NOTE 23. BUSINESS SEGMENT INFORMATION (continued)



Year ended	SHUSA Reportable Segments
	Consumer Activities				Commercial Activities
December 31, 2023	Auto		CBB		C&I		CRE		CIB		Wealth Management		Other (1)		Total
	(in thousands)
Interest income	$	5,877,997	$	2,686,686	$	942,533	$	1,339,814	$	3,656,939	$	367,263	$	(2,516,142)	$	12,355,090
Interest expense	2,221,376		1,075,053		619,659		891,395		3,455,439		94,013		(1,877,193)		6,479,742
Fees and other income	17,540		259,680		55,507		24,813		365,336		248,668		30,315		1,001,859
Lease income	2,462,916		—		70		—		4		—		—		2,462,990
Credit loss expense / (benefit)	1,798,268		301,884		(23,299)		176,183		(20,666)		205		(6,137)		2,226,438
Lease expense	1,922,921		(469)		(100)		(139)		3,066		—		—		1,925,279
General, administrative and other expenses	1,350,734		1,462,047		260,759		135,239		626,269		279,425		287,251		4,401,724
Income/(loss) before income taxes	1,065,154		107,851		141,091		161,949		(41,829)		242,288		(889,748)		786,756
Total assets	61,712,245		12,085,567		5,129,520		23,616,225		26,416,104		7,576,807		28,436,107		164,972,575
(1) Refer to corresponding notes above.



Year ended	SHUSA Reportable Segments
	Consumer Activities				Commercial Activities
December 31, 2022	Auto		CBB		C&I		CRE		CIB		Wealth Management		Other (1)		Total
	(in thousands)
Interest income	$	5,275,803	$	1,779,457	$	525,745	$	744,905	$	1,232,015	$	191,374	$	(1,328,106)	$	8,421,193
Interest expense	1,234,801		375,527		214,498		386,223		1,053,581		13,748		(1,031,648)		2,246,730
Fees and other income	128,613		300,316		62,691		36,407		245,955		258,939		45,674		1,078,595
Lease income	2,650,223		—		433		—		12		—		—		2,650,668
Credit loss expense / (benefit)	1,730,062		216,600		47,788		7,321		19,651		—		(2,605)		2,018,817
Lease expense	2,034,288		—		315		—		2,112		—		—		2,036,715
General, administrative and other expenses	1,260,977		1,517,245		253,010		125,830		456,796		244,862		241,344		4,100,064
Income/(loss) before income taxes	1,794,511		(29,599)		73,258		261,938		(54,158)		191,703		(489,523)		1,748,130
Total assets	62,645,083		13,107,982		6,289,544		20,464,295		30,478,602		7,854,953		27,353,861		168,194,320
(1) Refer to corresponding notes above.

Santander Holdings USA, Inc. 10-K