Growth rate among top-10 financiers falls short of industry average
With the top-10 financiers accounting for more volume than the next 90 lenders combined, portfolio movements among this elite group are a good gauge of industry direction, especially when analyzed over a five-year period.The average growth rate among the nation’s 10 largest financiers tracked at 1.9% last year, as some lenders clamped down on credit. By comparison, the combined portfolio of the top 100 lenders grew at an average clip of 3.7%. Collectively, the top 10 financiers held $752.9 billion of loans and leases in portfolio last year.
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