Digital USA Info

US Bank’s auto portfolio plummets in Q3


Auto outstandings at U.S. Bank fell for the fourth consecutive quarter while delinquencies inched up.  The bank’s auto outstandings totaled $17.9 billion, a decrease of 22.8% sequentially and 28.1% year over year, according to the earnings release.   U.S. Bank in Q4 2021 anticipated auto lending to “be a little bit more moderate” in 2022 […]

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