Weekly Wrap: Q3 earnings bring floorplan declines, strong consumer originations
This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how ...
Tag: auto outstandings
Truist’s floorplan outstandings shrink, consumer auto outstandings jump YoY in Q3
Truist’s dealer floorplan portfolio declined $1.1 billion sequentially in the third quarter as inventory shortages continue to hit dealer lots ...
Ramping up: Banks reclaim market share
After nearly a year of tightened underwriting standards and muted demand for credit, big banks are finally clawing back and ...
Ramping up: Banks reclaim market share
After nearly a year of tightened underwriting standards and muted demand for credit, big banks are finally clawing back and ...
Bank auto outstandings jump $41B in Q2
Bank auto outstandings are now on the rise after months of stifled growth as economic uncertainty spurs tightened credit underwriting ...
Santander posts 34% YoY increase in auto originations, positive recovery on NCOs
Santander Consumer USA experienced recovery on net charge-offs accompanied by growth in auto origination volume, on trend with other lenders’ ...
Fifth Third logs 23% YoY growth in auto in Q2
For the fifth consecutive quarter, auto loans propped up Fifth Third Bank’s overall consumer portfolio. The bank’s indirect secured consumer ...
Back to growth: Banks look to reclaim market share
Auto loan outstandings reached new heights in 2020, despite the pandemic suppressing vehicle sales, but not all lenders reaped equal ...
