Tag: earnings

Truist Financial Corp.’s auto business grew at the end of 2020 as the bank set its sights on improving digital ...

Recent fourth-quarter earnings from some of the biggest players in the auto finance industry paint mixed results in loan performance ...

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

Indirect auto loans again propped up Fifth Third Bank’s total consumer portfolio, offsetting declines in mortgage and home equity balances. ...

COVID-19 continues to hamper vehicle manufacturing, leading to a decline in floorplan assets at Huntington Auto Finance. The bank’s U.S.-based ...

Ally Financial closed out 2020 with strong origination volume and positive credit performance despite COVID-19’s adverse impact on the industry. ...

Auto lenders have so far seen mixed results in their fourth-quarter earnings. PNC Financial Services, for one, saw a 15% ...

Bank of America’s auto portfolio dwindled last year as economic stress spurred by the coronavirus pandemic tightened credit and depressed ...