Commercial Loan Growth
Commercial loans grew by 1% compared to the previous quarter, reflecting a strategic focus on growing commercial assets, which now make up 49% of the total.
Strong Liquidity and Capital Position
CET1 ratio increased by 10 basis points to 11% sequentially, indicating a solid capital position for potential growth.
Inventory Financing Expansion
Dealer onboarding in inventory financing grew by 2% compared to last quarter, with a total of 6,500 dealers, representing a 6% growth year-over-year.
Commercial Real Estate Pipeline Momentum
The unfunded pipeline for commercial real estate grew by 9% quarter-over-quarter and 28% year-over-year, indicating strong future potential.
Stable Net Interest Margin
The net interest margin remained stable at 1.85% quarter-over-quarter, with a 5 basis point increase year-over-year.