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Revenue in the linked quarter decreased 2%, primarily driven by lower non-interest income, while net interest income was largely flat.
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2023 Q1
16 May 23
Our strong retail deposit growth drove our percentage of FDIC insured deposits up 2% to end the quarter at 78% of total deposits.
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2023 Q1
16 May 23
Total deposits grew throughout the quarter, increasing 4% on average and 5% on an ending basis. The increase in deposits was driven by strong retail deposit inflows,
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2023 Q1
16 May 23
Auto margin compression was primarily driven by the increase in our marginal funding costs, resulting from rapid interest rate increases and the aggressive competitor pricing that, I just discussed.
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2022 Q2
25 Jul 22
the year-over-year growth of ending loans in the Consumer Banking business decelerated to 9% in the second quarter. On a linked quarter basis, ending loans were up 1%
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2022 Q2
25 Jul 22
On a linked quarter basis, the charge-off rate was down 5 basis points, and the 30-plus delinquency rate was up 62 basis points.
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2022 Q2
25 Jul 22
The 30-plus delinquency rate was 4.47%, up 121 basis points year-over-year.
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2022 Q2
25 Jul 22
Second quarter provision for credit losses swung from a net benefit of $306 million in the second quarter of 2021 to a net expense of $281 million.
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2022 Q2
25 Jul 22
many auto lenders have raised pricing as rising interest rates drove higher marginal funding costs
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2022 Q2
25 Jul 22
Ending deposits were down 14% from the first quarter and down 10% year-over-year
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2022 Q2
25 Jul 22
Second quarter ending loan balances were up 9% from the sequential quarter. Average loans increased 5%.
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2022 Q2
25 Jul 22
Second quarter ending deposits in the Consumer Bank were up 2% year-over-year, aided in part by the transfer of a small portfolio of deposits from our commercial bank. Consumer Banking deposits declined 1% from the sequential quarter.
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2022 Q2
25 Jul 22
The linked quarter increase in NIM was largely driven by balance sheet mix as we had a reduction in cash and securities as well as a higher amount of card loans.
Reason for NIM growth
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2021 Q4
22 Apr 22
However, based on our internal modeling, we continue to estimate that our CET1 capital need is around 11%.
Min capital requirements
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2021 Q3
7 Nov 21