Tag: earnings

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to Day 1 CECL impacts and ...

Nissan Motor Co. warned that it expects to post a loss for the just-ended fiscal year, becoming the latest global ...

Fifth Third Bank has set aside an additional $129 million in reserve for its indirect consumer loans, which consist predominantly ...

Ally Financial has set aside $2.8 billion in retail auto reserves, a $1.8 billion year-over-year increase, as the COVID-19 crisis ...

This week kicked off first-quarter earnings season with JPMorgan Chase, Wells Fargo, Bank of America, and Consumer Portfolio Services reporting ...

Consumer Portfolio Services, one of the few subprime auto financiers to have survived the 2008 credit crisis, will likely be ...

JPMorgan Chase and Wells Fargo are stockpiling reserves in the expectation of increased credit losses as a result of the ...

Subprime lender Consumer Portfolio Services has no immediate plans to reschedule its fourth-quarter earnings call and operating results report slated ...