Financial PerformancePlatform Solutions reported a pretax loss primarily due to costs associated with the GM card and seller finance.
Global Economic ConditionsGlobal economic slowdown, prolonged high market interest rates, noticeable contraction in market liquidity, and a substantial correction in global asset valuation are potential challenges.
Valuation ConcernsValuation is considered relatively full at current levels, considering mid-teens normalized ROTCE and consensus estimates in the 13-14% ROTCE range over 2025-26.