Bank of America originations down 11.8% to $6B
Bank of America’s auto originations fell in the second quarter, while the bank’s dealership financing portfolio grew. Originations totaled $6 ...
Tag: net charge-offs
Bank of America originations down 6%
Bank of America’s auto originations rose in the first quarter while credit performance continued to normalize and commercial loans to ...
Q1 brings origination growth, mixed credit results for banks, captives
First-quarter earnings results are here, providing a glimpse into the outcomes of more than a year of squeezed inventory, elevated ...
Citizens to ‘back off’ auto loans as commercial business grows
Citizens One Auto Finance plans to pull back on auto lending after the lender’s commercial business grew in the first ...
PNC Financial’s auto portfolio jumps 18% YoY in Q1
PNC Financial posted auto portfolio growth, net charge-off improvement and declines in auto delinquencies in the first quarter of 2022 ...
US Bank posts low net charge-offs and delinquencies in Q1 2022
U.S. Bank’s auto outstandings grew year over year but inched down slightly sequentially as supply constraints continued to impact vehicle ...
Mixed NCO rates, decreased credit loss provisions mark banks’ Q4 earnings
Fourth-quarter earnings results at the auto finance industry’s publicly traded banks are in, painting a picture of continued industry strength ...
Huntington Bank posts recoveries on NCOs for third straight quarter
Huntington Auto Finance posted recoveries on net charge-offs in the second, third and fourth quarters of 2021 as the bank ...
