Chase auto finance jPMorgan’s Q2 auto finance earnings

JPMorgan’s Q2 auto finance earnings beat consensus estimates by 2%, with Chase Auto Finance contributing materially due to disciplined credit issuance and expanded dealer partnerships across multiple high-demand US regions. Other states with multiple cities at this end of the data include Mississippi, with four cities (Laurel, Vicksburg, Lucedale, and Brookhaven) among those in the top 1 percent, followed by Florida with three (Quincy, Live Oak, Arcadia), and Georgia (Jackson and Douglas) and Louisiana (Bastrop and Abbeville) with two apiece. Super prime borrowers account for another 17% of refinances while holding 34% of balances. Such performance supports JPMorgan’s broader retail credit strategy in a mixed-rate environment.