Earnings
US Bank’s auto outstandings increase for sixth consecutive quarter, up 26% YOY
Auto loan production in the fourth quarter pushed up U.S. Bank’s retail loan growth as the lender prepares for more...
Bank of America’s floorplan balances fall 26% YOY
Bank of America logged split results in its consumer and commercial auto portfolio growth as inventory shortages continue to limit...
Truist Bank auto credit portfolio inches up YoY as yields fall
Truist Bank’s indirect auto portfolio inched up at the close of 2021 as yields on indirect auto loans and indirect...
PNC Financial’s auto book shrinks in Q4, remains higher than Q4 2020
PNC Financial’s auto portfolio inched down in the third and fourth quarters after its June 2021 acquisition of BBVA USA,...
Wells Fargo Auto posts record origination volume for third consecutive quarter
Wells Fargo Auto posted yet another quarter of record high origination volume with a 77% year-over-year increase to $9.4 billion...
Sparse vehicle supply pushes Chase Auto originations down 23% YoY in Q4 21
Limited inventory in the new- and used-vehicle markets pushed down Q4 2021 origination volume at Chase Auto as average loan...
CarMax Auto Finance NIM jumps amid uptick in originations
CarMax Auto Finance (CAF) posted an increase in origination volume and net interest margin in the third quarter of the...
BRP sales decline 20% despite new product launch
Canadian powersports manufacturer BRP’s sales fell in the third quarter as ongoing supply chain issues continue to suppress product availability...
