Weekly Wrap: second-quarter earnings season kicks off [Video] | Auto Finance News | Auto Finance News

Weekly Wrap: second-quarter earnings season kicks off [Video]

© Can Stock Photo / wrangler

This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances for credit losses despite a dip in delinquencies and charge-off rates, a trend the banks are largely attributing to robust deferral programs aimed to slow the economic damage wrought by COVID-19. In fact, many auto […]

Get Auto Finance News Premium for as low as $8 per week!

Start your free one week trial today for access to the latest industry news and trends.

Subscribe

Latest Magazine Issue
Sign Up Email List