Tag: Allowance for credit losses

Truist’s auto book continued to shrink in the third quarter amid a focus on higher-margin business lines, including the financier’s ...

Despite constrained market conditions, Ally Financial’s originations picked up in the third quarter on the heels of a record number ...

U.S. Bank’s auto originations declined again in the third quarter as the bank held tight to its underwriting criteria amid ...

Bank of America’s auto lending activity picked up on a year-over-year basis in the third quarter as credit quality declined.   ...

Chase Auto’s originations increased year over year in the third quarter as the bank regained market share, even as challenging ...

Fifth Third’s pullback from indirect auto lending last quarter is expected to net a 15% decline in originations as the ...

U.S. Bank’s auto originations declined in the second quarter as the bank focuses on high-margin lines of business while outstandings ...

CarMax Auto Finance adjusted its underwriting standards and increased its credit loss provisions last quarter amid “unfavorable performance” and an ...