Weekly Wrap discussion on leasing, earnings, sales
Jul 22, 2024•4 min•Ep. 239
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Second-quarter bank earnings continue to point to mixed loan production volume and a rise in leasing spurred by EVs.
U.S. Bank originated $1.9 billion in Q2, up 21.5% year over year while outstandings fell 30.6% YoY to $8 billion. PNC Financial’s auto outstandings dipped 1.6% YoY to $14.8 billion, and Citizens’ auto book continued to run off. Ally Financial originated $639 million in battery EV and hybrid leases during Q2.
For the best experience, listen in Metacast app for iOS or Android