Huntington Bank posts recoveries on NCOs for third straight quarter

The bank’s auto and powersports delinquencies inched up


© Can Stock Photo / welcomia

Huntington Auto Finance posted recoveries on net charge-offs in the second, third and fourth quarters of 2021 as the bank invested in its digital capabilities, new customer acquisitions and relationship-deepening strategies. The bank’s auto business in Q4 posted a net charge-off recovery of 0.03%, following recoveries of 0.10% in Q3 and 0.13% in Q2. Meanwhile, […]

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