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Chase Auto originations rise 8.9% YoY in Q2

Auto net charge-offs dip 3 bps YoY

Aidan Bush

Chase Auto’s originations grew in the second quarter while credit performance improved. Auto loan and lease originations rose 8.9% year over year and 18.3% quarter over quarter to $12.3 billion in Q2, according to JPMorgan Chase’s earnings supplement today. Chase’s auto loan originations grew alongside Wells Fargo’s, which rose 40.6% YoY. Chase’s consumer and community […]

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