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Weekly Wrap: Q1 2021 earnings point to auto’s further recovery

So far, the first quarter has been marked with increased origination volume and reductions in provisions and ACL

Joey Pizzolato

Last week, publicly traded banks started releasing their earnings reports, and once again, performance remains strong last quarter. Optimism is running high as last week’s jobless claims fell by almost 200,000 and the nationwide vaccine rollout continues to increase while new coronavirus cases remain low. Ally Financial, Chase Auto and Wells Fargo Auto all posted […]

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