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Home » Chase Auto originations up 32% 

Chase Auto originations up 32% 

Outstandings increased 8.6% YoY  

Amanda HarrisbyAmanda Harris
September 18, 2024
in Earnings
Reading Time: 3 mins read
0
A Chase bank branch in New York

Photographer: Angus Mordant/Bloomberg

Chase Auto’s originations grew year-over-year in the fourth quarter of 2023 as the bank snagged additional market share while prioritizing profit margins.  Auto originations totaled $9.9 billion, a 3% decline quarter over quarter but an increase of 32% YoY, according to JPMorgan Chase’s earnings supplement today.   Originations grew as the bank “gained market share while […]

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Tags: Allowance for credit lossesauto originationsauto outstandingsChase AutodelinquenciesPremium
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