{
  "id": 8856881,
  "title": "Ayvens raises 2029 return on tangible equity target to 14%-16%",
  "url": "https://urgent.news/2026/09/21/ayvens-raises-2029-return-on-tangible-equity-target-to-14-16",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T06:13:18.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/ayvens-raises-2029-return-on-tangible-equity-target-to-1416-4908279"
  },
  "original_language": "en",
  "account": null,
  "summary": "Car leasing company Ayvens, majority-owned by Societe Generale, has raised its 2029 target for return on tangible equity to 14%-16%, from the previous 13%-15% range under its PowerUP 2026 plan. The company anticipates a 4 percentage point improvement in its cost-to-income ratio to around 49% in 2029 from 53% in 2026, driven by productivity gains from AI automation, growth and upselling, and offsetting the impact of inflation and vehicle electrification. Ayvens also aims to increase its funded fleet by at least 3% between 2026 and 2029, with earning assets expected to rise about 10% during the same period.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}