Tag: auto originations

Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending activity in the fourth ...

Ally Financial continued to emphasize auto lending in the fourth quarter, leading to an uptick in originations driven by strong ...

Fifth Third purposely slowed auto lending in the fourth quarter driven by elevated interest rates.  The bank’s indirect secured consumer ...

Huntington Auto Finance’s originations in the fourth quarter were flat on a year-over-year basis for the second consecutive quarter while ...

U.S. Bank continued to scale back auto lending during the fourth quarter due to market competition and lower return levels.  ...

PNC Financial cut automotive allowance for credit loss coverage for the second straight quarter even as it maintained a recessionary ...

Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some tightened credit and others ...

Chase Auto’s originations grew year-over-year in the fourth quarter of 2023 as the bank snagged additional market share while prioritizing ...