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Huntington Bank grows auto book, posts positive recoveries on NCOs in Q3

Powersports outstandings also increased 24.4% YoY

Amanda HarrisbyAmanda Harris
October 29, 2021
in Earnings
Reading Time: 2 mins read
0

Huntington Auto Finance’s third quarter was marked by auto origination growth and positive recoveries on net charge-offs for both auto and powersports loans. Auto originations increased 5.9% year over year to $1.8 billion in Q3. This follows a 58% YoY jump in originations in the second quarter to $1.9 billion. Outstandings increased 3.1% YoY to […]

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