Credit Performance ImprovementAnalyst reports lower provisions, falling net charge-offs and improved roll and recovery rates in recent trusts, which together ease credit concerns and signal better-than-expected credit trends.
Share RepurchasesAnalyst notes the announced sizable share repurchase program should bolster shareholder returns and improve per-share metrics as performance normalizes.
Strategic PartnershipsAnalyst highlights that the company’s strategic partnership with private credit funds such as KKR will enable capital-light, fee-based income and help scale originations, supporting sustainable earnings growth.