Tag: earnings

AutoNation has announced an agreement to acquire CIG Financial for $85 million to launch a captive finance arm.  The transaction ...

Capital One is the latest lender to intentionally back off auto lending in the second quarter as interest rates rise, ...

Fifth Third Bank’s auto outstandings declined in the second quarter as the bank plans to further lower auto loan production ...

Huntington Auto Finance continues to see steady growth in auto and powersports lending despite inventory challenges.  Auto originations totaled $1.8 ...

Indirect loan and lease production at U.S. Bank fell 60% year over year in the second quarter while the market ...

Bank of America continued to grow its auto book during a quarter marked by a decline in banks’ auto lending ...

Last week, second-quarter earnings season kicked off with Chase Auto, PNC Financial and Wells Fargo Auto reporting drops in auto ...

PNC Financial logged a $5 million recovery on automotive net charge-offs (NCO) in Q2, as early-stage delinquencies inched up and ...