PNC Financial decreased its allowance for auto loan losses in Q4 as the lender’s portfolio grew in 2025 amid strength in the ...
Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in Q4, but growth expected in ...
Consumer loan delinquency growth has stabilized, and Capital One is starting to capitalize on the tailwind. COF will likely see increasing margins from lower credit loss expenses as delinquency and ...
According to a new survey by financial information company Sageworks, U.S. banks and credit unions that are preparing for proposed changes to how they must estimate credit losses anticipate they’ll ...
Citigroup Inc. said its cost of credit was about $2.7 billion in the third quarter, up from $1.8 billion in the year-earlier period, driven by higher cards net credit losses and a higher allowance for ...
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