... of business model, as Co. saw strong loan originations in 2H of qtr., resulting in notable growth in receivables and record low losses. 1. 2. Capital generation was strong. Remains well-positioned for continued growth as economic recovery continues. a. 3. Generated $310m of capital; $98m more than prior year, up 46%. 4. C&I adjusted EPS, $2.66. 5. Credit performance remains strong. Continues to benefit from: a. i. Proactive credit tightening actions that Co. implemented at start of pandemic. ii. Unprecedented levels of government support over past 15 months. iii. Robust underwriting capabilities. 6. Losses, 4.4%. Feels confident about continuation of this excellent credit performance over remainder of 2021. a. 7. Receivables, which Co. refers to as managed receivables, grew 3% YoverY and 4% sequentially. Growth in loan book was higher than overall near prime installment loan market, which declined about 3% YoverY. a. b. Believes strong...
