Earnings
It’s Toyota v. Ally in the Battle for Auto Finance Supremacy
The race for the No. 1 ranking in auto finance has come down to two horses: Ally Financial Inc. and...
RBS Citizens Announces IPO
After months of speculation, The Royal Bank of Scotland plc has put Citizens Financial Group, Inc., on the market. Citizens...
Ally Financial Reports $9.2 Billion in 1Q Originations
Fresh off its initial public offering, Ally Financial Inc. said first-quarter auto originations totaled $9.2 billion, down from $9.7 billion...
BankUnited Puts Auto Under the Microscope
BankUnited’s indirect auto loan business is under the microscope thanks to increased regulation and low margins, CEO John Adam Kanas...
Lithia Scores Eyepopping F&I Sales Growth
Lithia Motors Inc., one of the nation's leading dealership chains, today reported substantially higher F&I revenue and growth last quarter....
Auto Big Growth Driver at TCF
Minnesota-based TCF Financial Corp.’s auto lending unit was a key growth driver at the bank over the past few quarters,...
Regions Focuses on Deeper Dealer Penetration
Birmingham, Ala.-based Regions Financial Corp.’s indirect auto portfolio increased 6% to $3.2 billion in the first quarter of 2014, compared...
CRB Almost Doubles Auto Originations
Over the past year, California Republic Bank has been busy pumping up its auto lending business to the tune of...
