Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

0
+ 0 %

AFN Composite Index

0
+0.44%

Consumer Sentiments

0
+ 0 %

SOFR

0
+ 0 %

APR 48 Mos.

0
+ 0 %

Huntington Bank’s auto originations fall 15% 

Amanda Harris

Huntington Bank’s auto originations ticked down in the first quarter as credit performance weakened in line with industry trends.  Auto originations totaled $1.7 billion, down 15% year over year and 19.1% quarter over quarter, according to the lender’s April 23 earnings presentation. First-quarter bank performance was mixed for auto originations and credit performance.  The average loan-to-value ratio across auto loans climbed to 89% compared […]

Already subscribed? Log in

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Johnnie Martinez II

CarMax Auto Finance originations down 1.5%

David Thompson

Wells Fargo Auto originations soar 110% YoY

David Thompson

Chase Auto originations down 3% YoY

David Thompson

Daily Intelligence Brief

Join 45,000+ industry professionals who start their day with our curated auto finance news.

No spam. Unsubscribe anytime. By subscribing, you agree to our Terms.

Sponsored

Tesla announces new fleet financing program

EV Finance