10-K - Santander Drive Auto Receivables Trust 2020-4 (0001830976) (Filer)

Wed, Mar 26, 6:09 PM (25 days ago)

**Santander Drive Auto Receivables Trust 2020-4 (Ticker: Not Listed)** **Financial Performance (2024):** - Revenue and net income details are not explicitly stated. - Operating expenses and earnings per share are not provided. **Strategic Overview:** - The trust focuses on auto receivables, with Santander Consumer USA Inc. (SC) as the sponsor and servicer. - Key servicing participants include SC, Wells Fargo Bank, N.A., and Computershare Trust Company, N.A. **Future Outlook:** - The trust's future outlook is not explicitly detailed, but compliance with servicing criteria and assessments indicate a focus on maintaining operational standards. **Risk Factors:** - No specific risk factors are highlighted in the provided summary. **Financial Condition:** - The trust has no voting or non-voting common equity outstanding held by non-affiliates. - Compliance with servicing criteria and assessments suggest a stable financial condition. **Market Position Changes:** - The trust's market position is not explicitly detailed, but the involvement of major financial institutions indicates a robust market presence. **Key Exhibits:** - Includes underwriting agreements, indentures, purchase agreements, and servicing agreements, reflecting the trust's operational and financial structure. **Summary:** Santander Drive Auto Receivables Trust 2020-4 operates with a focus on auto receivables, supported by major financial institutions. The trust maintains compliance with servicing criteria, indicating a stable financial condition. However, specific financial performance metrics and future outlook details are not provided. The trust's market position is robust, supported by key servicing participants and compliance assessments.