Tag: earnings

GM Financial bucked wider industry trends in the third quarter, posting a double-digit year-over-year increase in origination volume as deliveries ...

Third-quarter earnings season continued last week with many financial institutions reporting sequential declines in auto loan originations.  Bank of America, ...

Huntington Auto Finance recorded year-over-year declines in auto and powersports originations in the third quarter, while outstandings grew YoY.   Auto ...

Fifth Third Bank’s auto outstandings decreased in the third quarter following pullbacks on auto loan production in Q1 and Q2 ...

Ally Financial recorded $12.3 billion of originations in the third quarter despite inventory constraints as yields increase and credit performance ...

PNC Financial is the latest bank to report a shrinking auto book in the third quarter as interest rates rise.  ...

Truist expanded its auto portfolio in the third quarter by growing its prime auto lending business for the second straight ...

US Bank’s auto outstandings decreased 2.5% sequentially in the third quarter in line with expectations going into 2022.  Outstandings clocked ...