Auto drives retail loan growth at Citizens
The bank’s auto portfolio increased 18% YoY to $14.5 billion
Citizens One Auto Finance’s portfolio grew yet again in the fourth quarter, marking the fourth consecutive quarter of year-over-year growth since the lender set its sights on auto loan growth in Q1 2021. Auto outstandings rose 7.4% sequentially and 18% YoY to $14.5 billion, driving bankwide retail growth 8%, Chief Financial Officer John Woods said […]
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