earnings Archives

Signage outside a Truist Financial Corp. bank branch in Lexington, Kentucky, U.S., on Sunday, Jan. 16, 2022. Truist Financial reported adjusted earnings per share for the fourth quarter that beat the average analyst estimate.

Truist Bank’s indirect auto portfolio inched up at the close of 2021 as yields on indirect auto loans and indirect ...

PNC eyes footprint expansion with BBVA acquisition

PNC Financial’s auto book shrinks in Q4, remains higher than Q4 2020

January 18, 2022

PNC Financial’s auto portfolio inched down in the third and fourth quarters after its June 2021 acquisition of BBVA USA, ...

China vehicle sales likely rose for a second month, group says

Listen: Weekly Wrap discussion on Q4 2021 earnings kick off

byJoey Pizzolato

January 18, 2022

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Fourth-quarter 2021 earnings kicked off late last week with Chase Auto and Wells Fargo Auto reporting split performance on origination ...

Wells Fargo, Chase boost auto originations in 2Q

Wells Fargo Auto posts record origination volume for third consecutive quarter

byWhitney McDonald

January 27, 2022

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Wells Fargo Auto posted yet another quarter of record high origination volume with a 77% year-over-year increase to $9.4 billion ...

A Chase bank branch in New York, U.S., on Thursday, Jan. 13, 2022. JPMorgan Chase & Co. posted a decline in trading revenue that was steeper than analysts expected, and both commercial and consumer loans fell from a year earlier.

Sparse vehicle supply pushes Chase Auto originations down 23% YoY in Q4 21

byJoey Pizzolato

January 16, 2022

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Limited inventory in the new- and used-vehicle markets pushed down Q4 2021 origination volume at Chase Auto as average loan ...

Inside A Carmax Inc. Location Ahead Of Earnings Figures

CarMax Auto Finance NIM jumps amid uptick in originations

byJoey Pizzolato

December 22, 2021

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CarMax Auto Finance (CAF) posted an increase in origination volume and net interest margin in the third quarter of the ...

A pedestrian walks past signage for a BRP manufacturing facility in Valcourt, Quebec, Canada, on Wednesday, Oct. 28, 2020. BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation, The Toronto Star reported.

BRP sales decline 20% despite new product launch

byWhitney McDonald

December 6, 2021

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Canadian powersports manufacturer BRP’s sales fell in the third quarter as ongoing supply chain issues continue to suppress product availability ...

Lucid Motors pads liquidity as car reservations roll in

byJoey Pizzolato

November 16, 2021

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Lucid Motors is flush with capital on the heels of its SPAC offering as reservations for its Air model continue ...

Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Tag: earnings

Truist Bank auto credit portfolio inches up YoY as yields fall

PNC Financial’s auto book shrinks in Q4, remains higher than Q4 2020

Listen: Weekly Wrap discussion on Q4 2021 earnings kick off

Wells Fargo Auto posts record origination volume for third consecutive quarter

Sparse vehicle supply pushes Chase Auto originations down 23% YoY in Q4 21

CarMax Auto Finance NIM jumps amid uptick in originations

BRP sales decline 20% despite new product launch

Lucid Motors pads liquidity as car reservations roll in

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