Tag: truist

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today.   The transaction represents ...

Auto lenders are boosting staffing in their technology departments as financial institutions lean more into digital experiences.  Bank of America this month named Rebecca Caleb head of consumer vehicle lending technology, according to a ...

National and regional bank second-quarter earnings point to mixed performance as larger banks lean into auto production while regional banks ...

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up.   Truist’s indirect auto net charge-offs ...

Truist Financial named Michael Lyons its next president and chief executive officer effective Sept. 1, succeeding Bill Rogers as part of a planned leadership ...

Truist Bank and Fifth Third Bank reported year-over-year improvements in delinquencies and loss allowances, mirroring positive credit health reported by ...

U.S. Bank’s indirect loan originations increased in the fourth quarter as regional banks reported credit performance improvements. Improved credit health ...

Regional banks’ third-quarter earnings results were mixed in terms of auto portfolio growth and credit performance.  Huntington Bank auto originations ...