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Huntington Auto tallies decline in originations

Total auto portfolio increased 0.94% YoY

Riley WolfbauerbyRiley Wolfbauer
October 21, 2022
in Earnings
Reading Time: 3 mins read
0

Huntington Auto Finance recorded year-over-year declines in auto and powersports originations in the third quarter, while outstandings grew YoY.   Auto originations clocked in at $1.4 billion in Q3, a 22% decrease both sequentially and YoY, according to the bank’s earnings presentation. New vehicle loans accounted for 35% of originations in the quarter. Despite the drop […]

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