Truist’s floorplan outstandings shrink, consumer auto outstandings jump YoY in Q3
Truist has pledged to increase diversity in senior leadership to 15% in 2023
Truist’s dealer floorplan portfolio declined $1.1 billion sequentially in the third quarter as inventory shortages continue to hit dealer lots across the industry. Auto lenders have experienced declines in floorplan balances for much of the past year. At Truist, the latest drop follows a second-quarter decline of $1.2 billion in dealer floorplan loans. Similarly, Wells […]
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