Pricing dynamics lead to mixed Q1 bank results
Compressed margins, increased pricing competition and a shift toward more profitable lines of business in the first quarter drove attrition ...
Compressed margins, increased pricing competition and a shift toward more profitable lines of business in the first quarter drove attrition ...
Subprime auto lender Credit Acceptance Corp.’s loan portfolio grew in the first quarter as collection rates stabilized. Credit Acceptance Corp. ...
Capital One auto originations plummeted on a year-over-year basis as the lender continues its yearlong pull back on auto lending, ...
Higher retail sales along with an increase in average loan amounts financed and a stronger share of U.S. loan financing ...
Huntington’s auto book shrank during the first quarter despite an uptick in originations as the bank prioritizes higher returns. Huntington ...
Fifth Third’s auto book shrank in the first quarter as the bank shifts focus to high-quality loan production. Indirect secured ...
Truist’s auto book grew on a year-over-year basis in the first quarter but dipped sequentially in line with an expected ...
Ally Financial tightened its underwriting guidelines in the first quarter, slowing origination volume as the lender prepares for continued increases ...