Tag: earnings

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 ...

A decrease in auto loans contributed to an overall decline in PNC Financial Services’ fourth-quarter consumer portfolio. Auto outstandings clocked ...

Several auto lenders this week announced innovative ways to expand or improve their business. Chase Auto, for one, has joined with electric ...