Tag: credit losses

Annualized net losses increased across prime and nonprime auto asset-backed securities (ABS) transactions in November as declining used-vehicle values contributed ...

August marked the third consecutive month of weakening credit performance across prime and subprime auto asset-backed securitization (ABS) transactions as ...

Despite an uptick in fourth-quarter delinquencies and net charge-offs in its auto portfolio, U.S. Bank has steadily decreased its credit ...

Harley-Davidson will scale back its motorcycle model offerings and focus on high performing markets during the next five years. The ...

Truist Bank continues to accrue for potential loan losses as the country faces the coronavirus economic crisis.   Truist’s provision for credit losses totaled $844 million “given ...

U.S. Bank’s second quarter was marked by a 74% increase from last quarter in credit loss provisions, a decrease in auto lending, and low delinquency ...

PNC Financial Services is ratcheting up its allowance for credit losses amid the industrywide trend of dwindling delinquency rates in ...

Subprime lender Nicholas Financial has ramped up its direct loan originations 150.3% year over year, according to the company’s earnings ...