U.S. Bank’s auto originations and outstandings declined year over year as the bank prioritizes high-margin loan growth. Indirect loan and lease originations increased 52.3% sequentially but fell 61.3% YoY to $1.7 billion, according to the bank’s earnings supplement. Auto outstandings clocked in at $17.1 billion, a 4.5% decrease quarter over quarter and a decline of […]
Source : AutoFinanceNews
