Regional bank earnings roundup: Auto loan appetite improves for some
Additional regional bank earnings released late last week point to an improved appetite for auto loans even as activity remained ...
Tag: earnings
Ally Financial ups auto allowances as losses rise
Ally Financial increased its allowance for auto credit losses in the first quarter as delinquencies and net charge-offs rose on ...
Bank of America originations down 6%
Bank of America’s auto originations rose in the first quarter while credit performance continued to normalize and commercial loans to ...
Group 1 F&I revenue grows 8%
Group 1 Automotive’s finance and insurance profits increased in the fourth quarter while finance attachment rates were pressured. The retailer’s ...
Credit Acceptance Corp. originations increase 27%
Credit Acceptance Corp.’s originations jumped for the seventh consecutive quarter as compressed margins and stricter access to capital prompted other ...
Auto origination volume varied across banks in Q4
Origination volumes in the fourth quarter were mixed across the banks that reported auto lending metrics as some institutions tightened ...
Capital One originations tumble, delinquencies rise
Capital One Auto Finance’s origination volume declined in the fourth quarter following a ramp-up in auto lending during the second ...
U.S. Bank affirms commitment to auto as originations tick down
U.S. Bank continued to scale back auto lending during the fourth quarter due to market competition and lower return levels. ...
