PNC lowers auto ACL amid strong credit performance
PNC Financial tallied a decline in allowance for credit loss coverage on its auto loan portfolio in the third quarter ...
PNC Financial tallied a decline in allowance for credit loss coverage on its auto loan portfolio in the third quarter ...
PNC Financial’s auto outstandings fell year over year for the fifth consecutive quarter in Q2 amid weaker consumer demand for ...
PNC Financial’s floorplan utilization rate is gradually returning to pre-pandemic levels as inventory on dealer lots continues to improve. Utilization ...
First-quarter earnings season kicked off last week to mixed results with CarMax Auto Finance, Chase Auto, PNC Financial and Wells ...
PNC Financial’s auto portfolio shrank for the fourth consecutive quarter as enhanced scrutiny around rates and deposit investments put pressure ...
LAS VEGAS — PNC Financial Services is leaning on digital outreach to decrease defaults and communicate with borrowers at risk ...
Banks last week announced in their earning calls plans to continue pulling back on auto lending as interest rates constrained ...
PNC Financial’s auto portfolio in the fourth quarter decreased year over year for the third consecutive quarter in 2022 amid ...