Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Credit performance improved across Bank of America’s consumer vehicle lending portfolio in the first quarter as digital adoption continued to fuel consumer sales. Net charge-offs across the book sat at 0.53%, up 2 basis points (bps) year over year, according to the April 15 earnings presentation. The percentage of consumer vehicle loans 30 days past due was 0.57% in Q1, up 5 bps YoY. The allowance for loans and losses […]
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David Thompson
David Thompson
David Thompson
