Earnings
Fifth Third Plans to Shrink Portfolio 30% by 2019
Via Wikimedia Commons Fifth Third Bank plans to reduce its auto portfolio to $7 billion by 2019 as it focuses...
Polaris Retail Finance Penetration Drops in 1Q
Polaris Industries Inc.‘s retail finance penetration rate declined to 31% in the first quarter, despite a higher credit approval rate,...
Incentives Spur HDFS Marketshare to 63% in 1Q
Harley-Davidson Financial Services ended the quarter with an overall industry marketshare of 63%, up 6% versus the same time a...
Citizens One Plans For Reduction in Auto Portfolio
Citizens Financial Group Inc. is reducing its auto portfolio to focus on profitability and move “in favor of more attractive student...
Sheffield Financial Originations Rise 9.9% in 1Q
Sheffield Financial’s loan originations grew 9.9% year over year in the first quarter, from the same time a year prior,...
Huntington Auto Portfolio Up 12% Post FirstMerit Merger
Richard Porrello, director of auto finance and dealer services at Huntington Bancshares Inc., moderates a panel at CBA Live 2017....
Regions Total Indirect Portfolio Down 2.8% in First Quarter
Via Wikimedia Commons Regions Financial Corp.'s indirect lending balances decreased overall by 2.78% -- to $3.94 billion -- according to its...
HDFS Losses ‘Temper,’ Yet Continue to Rise in 1Q
Harley-Davidson Financial Services originated $709.8 million -- up 3.8% year-over-year -- in the first quarter, according to the company’s earnings call today. Annualized net...
