Credit Acceptance 2018 Profits Accelerate Despite State AG Investigations
© Can Stock Photo / GillesPaire Net income at Credit Acceptance Corp. shot up 20% year over year to $574 ...
Tag: earnings
Ally Expects Steady Originations in 2019, President Says
Doug Timmerman, President of Ally Auto Finance Ally Financial Inc. hit a “sweet spot” with its auto portfolio last year and ...
Santander Originations Climb 59% Amid Discussions With FCA
Photographer: Angel Navarrete/Bloomberg Santander Consumer USA drove up auto originations 59% year over year amid discussions around "optimizing" its current ...
Ford Credit Earnings Fall Despite Higher Lease Penetration, Stronger Auction Values
Photographer: Daniel Acker/Bloomberg Despite favorable lease residual performance driven by higher auction values, Ford Motor Credit Co. posted lower earnings ...
Competition, Credit Quality Shape 4Q18 Originations at Chase, Wells Fargo
© Can Stock Photo / wrangler While JPMorgan Chase & Co.’s portfolio grew amid shrinking originations in the fourth quarter ...
M&T Bank Boosts Floorplan Business With a Few Large Dealerships
© Can Stock Photo / tuk69tuk M&T Bank’s auto floorplan business grew $275 million in the fourth quarter of 2018, ...
Nicholas Financial Applies for Direct Lending License in Ohio
© Can Stock Photo / Pakhnyushchyy Nicholas Financial is looking to expand its direct lending footprint into Ohio. Clearwater, Fla.-based ...
GM Financial Profits, Originations Grow in 3Q
General Motors Financial boasted increased profits, higher loan originations, and improved credit quality in the third quarter, according to yesterday’s ...
