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BRIEF-GM Financial Dec-qtr net income rose to $254 mln from $131 mln a yr ago
February 7, 2017 / 12:50 PM / 8 months ago

BRIEF-GM Financial Dec-qtr net income rose to $254 mln from $131 mln a yr ago

Feb 7 (Reuters) - GM Financial:

* Quarterly net income $254 million versus $131 million last year

* Annualized net charge-offs were 2.2% of average retail finance receivables for quarter ended Dec. 31, 2016 versus 2.2%

* Earnings resulting from equity investment in SAIC-GMAC were $42 million for three months ended December 31, 2016 versus $31 million Source text for Eikon: Further company coverage:

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