Capital One releases $39M in auto ACL as delinquencies, NCOs rise | Auto Finance News Capital One releases $39M in auto ACL as delinquencies, NCOs rise | Auto Finance News
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Capital One releases $39M in auto ACL as delinquencies, NCOs rise

Joey Pizzolato by Joey Pizzolato
February 2, 2021
in Earnings
Reading Time: 2 mins read

Capital One Auto Finance has posted quarterly earnings metrics in line with the growing trend of decreased origination volume, and increased delinquencies and net charge-offs. The auto financier, which posted sequential increases in origination volume in the first three quarters of 2020, saw a 2% year-over-year decrease and 18% sequential decrease in the fourth quarter […]

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