Listen: Weekly Wrap on the start of Q1 2022 earnings

PNC Financial and U.S. Bank posted positive delinquencies and net charge-offs

Photographer: Bloomberg/Bloomberg

Auto finance institutions including Ally Financial, CarMax Auto Finance, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto kicked off 2022 first-quarter earnings reports last week with varying results as vehicle inventory remains crunched. Chase Auto’s Q1 originations fell 25% year over year to $8.4 billion as supply constraints impacted vehicle volume. U.S. Bank […]

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