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 ...
Tag: BB&T Corp.
Truist logs delinquency increases in third quarter
Truist Financial Corp.’s third quarter was marked by a decline in the number of consumers using payment assistance, an increase ...
Truist pads reserves as deferred accounts remain current
A “majority” of Truist Bank’s 330,000 consumer loan deferrals are current, including the bank’s subprime auto book, Chief Risk Officer ...
Executive to Watch Charles Jones: Humble origins, bright future
Auto Finance News is pleased to present its inaugural Executives to Watch feature, highlighting auto finance executives who exude experience, ...
Sheffield Financial ‘front and center’ after SunTrust-BB&T merger
Sheffield Financial is now a division of Truist Bank, the new entity formed following the merger of SunTrust Bank and ...
Truist taps Regional Acceptance’s Bill Jones as head of auto division
Longtime Regional Acceptance Corp. Chief Executive Bill Jones take the reins as head of Truist Bank’s auto division, to be called ...
BB&T-SunTrust merger puts Truist Bank among top-20 auto financiers
With the BB&T Bank-SunTrust Bank merger complete, the combined auto finance business of newly minted Truist Bank creates a $16.7 billion ...
SunTrust grows loan portfolio as merger with BB&T awaits DOJ approval
SunTrust Banks’ indirect and direct consumer portfolios increased by double digits as the bank continues to aim for a fourth-quarter ...
