Truist Bank and Fifth Third Bank reported year-over-year improvements in delinquencies and loss allowances, mirroring positive credit health reported by other lenders. Truist’s indirect auto net charge-offs totaled 2.14%, down 12 basis points (bps) YoY but up 4 bps quarter over quarter, according to the company’s earnings release published April 17. The bank’s allowance for […]
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