Tag: earnings

Strong auto loan performance and rising used-vehicle values spurred Capital One to reduce its consumer banking allowance coverage ratios in ...

Daimler AG improved its full-year profit forecast after earnings bounced back last quarter as it posted robust sales in China ...

Truist Financial Corp.’s third quarter was marked by a decline in the number of consumers using payment assistance, an increase ...

Ally Financial’s positive third-quarter results were marked by a surge in originations and strong credit performance as loan modifications expired. ...

This week, the Auto Finance News team discussed third-quarter earnings for some of the major publicly traded banks, and found ...

U.S. Bank’s third quarter reflected a decline in credit loss provisions, an increase in auto outstandings, tightening of credit standards, ...

PNC Financial Services’ auto portfolio was the primary driver of the bank’s $12 million drop in consumer loan net charge-offs ...

Wells Fargo Auto originations clocked in at $5.4 billion in the third quarter, a decline of 22% year over year ...