Earnings
Nicholas Financial’s Contracts Drop 39%, But CEO Anticipates Growth in 2018
© Can Stock Photo / Toomler Nicholas Financial reported a 39% year-over-year drop in contract acquisitions during the quarter ended Dec....
Massachusetts AG Reopens Investigation Into Credit Acceptance’s Originations, Collections
© Can Stock Photo / alexskopje The Massachusetts Attorneys General Office is resurfacing a civil investigative demand made against Credit...
General Motors to Boost Mobility Investments in 2018
In a year in which General Motors Co. has sold off products like Opel/Vauxhall or exited markets like South and...
Daimler Financial Grew Portfolio 6% in 2017 Amid Mobility Push
Courtesy of Mercedes-Benz Daimler Financial Services grew its portfolio 6% year over year to $174.6 billion USD (139.9 billion Euro)...
Amid Focus on Prime Credit, Santander’s Losses Climb in 4Q
© Can Stock Photo / NomadSoul1 Despite an increased focus on higher credit borrowers and leasing, Santander Consumer USA’s delinquencies...
Polaris Maintains Stable Retail Finance Penetration in 2017
Polaris Industries Inc. kept its penetration and income from financial services relatively flat year over year in 2017 and is...
Ally Grows Auto Portfolio 3.5% in 4Q as Losses Rise
Via media.ally.com Ally Financial Inc. grew its auto portfolio 3.5% on a year-over-year basis to $67.5 billion in the fourth...
HDFS 30-Day Delinquencies Decline for First Time in 11 Quarters
For the first time in 11 consecutive quarters, 30-plus day delinquencies declined year over year for Harley-Davidson Financial Services, according...
