Earnings
M&T Bank Reports Declines in Floorplanning, Gains on Retail Auto
M&T Bank’s commercial and industrial loans were down 3% in the third quarter compared to the same period the year...
U.S. Bank Originations Climb 4.7% Amid Continued Focus on Prime
U.S. Bancorp grew its auto originations 4.7% year over year to $18 billion, driven by "high-quality originations in the indirect...
HDFS Originations Decline 7.5% as Losses Continue to Stabilize
Harley-Davidson Financial Services originated $817.5 million in motorcycle loans -- down 7.5% year over year -- in the third quarter,...
Bank of America Grows Prime Portfolio 6% in 3Q
Via Shannon Clark/ Flickr Bank of America grew its auto portfolio by 6% year over year in the third quarter,...
Wells Fargo Expects Auto Declines to Continue for Another Year
Via Shinya Suzuki/ Flickr For the fourth quarter in a row, Wells Fargo Dealer Services’ delinquencies and charge-offs have grown...
PNC Reports Rise in Delinquencies Due to Hurricanes
PNC Financial Services Group Inc. reported a "moderate impact" on auto delinquencies in the third quarter due to the recent...
Chase Charge-Offs Rise 47% Amid One-Time Change in Reg Guidance
Chase Auto Finance's charge-offs climbed to $116 million in the third quarter, up from $79 million the same time the...
Nissan Adds $1.3 Billion to Leasing ABS Pipeline
Nissan Motor Acceptance Corp. issued its second auto-lease securitization of the year -- worth $1.3 billion -- backed primarily by...
