Capital One auto originations bounce back in Q1

Auto outstandings increased 9% YoY

Photographer: Andrew Harrer/Bloomberg

Captial One’s first quarter of 2021 was marked by an improvement in auto originations and strong credit performance, in line with what other auto lenders have reported this quarter. The bank’s auto originations bounced back after dropping in the fourth quarter of 2020 by 18% sequentially to $7.4 billion, according to its Q1 earnings release. […]

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