range, and strong, strong been Thanks, our solid, morning, Doug, continued earned historically had in was of first heels $XXX credit as our performance were the or The and proposition On quarter $X.XX diluted for We to demand per off everyone. on or loans a on of with channels. from has per in down million we we quarter customer per GAAP earned basis C&I quarter. products new customer our XXXX. an coming adjusted and basis well for the $X.XX expand within net value diluted expected our financial XX% We distribution the XXXX. and share, $XXX share good of good million another basis, health charge-offs quarter a share the
However, $XX.X our increase business. our initiatives. operating in demand compared strong $XXX positive recall of net XX% the billion reduction in continued continued of historically or from year up to had and consumer year quarter, primarily benefit Managed year-over-year net prior charge-offs the reserve billion, reflecting an stimulus-driven significant by and prior a the driven results in $XXX year, growth down the associated expenses and a the ago, with modestly Capital in increase million were investment of X% generation from higher low receivables million $XXX that was originations million. and the impact charge-offs loan loss $X.X
was partially $X.X and Our higher Portfolio net the prior XX.X% in offset lower XX.X% by interest year, income X% in margin Interest strong primarily quarter, compared the compared yield. by quarter. as quarter. million, up yield XX.X% was driven fourth at to to was the in receivables the
quarter, increase the the to of call, levels. our yield be receivables was as fourth X% year million revenue prior expense improved a primarily up our was ago we expect Other X.X% full whole As discussed year percentage quarter. in sequentially. The quarter million and loan by quarter, to this also sale the quarter portfolio a our on XXXX down $XXX around from the expense program. Interest first prior XX economics year year. from Interest improved X.X% compared $XXX to average versus XX% for was last driven basis points
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from prior unemployment pandemic benefits as $XX got sooner $XX year. had policyholder quarter, originally the prior million in result the adjustment customers the positive year onset related at the up we losses a Finally, not The insurance of did many reserve anticipated. expense reflected back in to than experience, involuntary million in materialize was XXXX claims favorable work and as to expected
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credit continues expectations. to slide our within of track to Turning portfolio eight. The performance
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to We in recoveries. performance underlying see continue strong our
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to Turning slide XX.
million, X% growth expected flat up path due First year-over-year sequentially. to higher quarter $XXX is expense full expenses of growth our in was bit year year-over-year and quarterly rate, the XXXX. operating a primarily than The
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end the has strategic XX% As secured page you of of XX, our current target reduced this of at mix see funding our below strategy to on can QX, XX%.
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widely were Bond Environmental Social awarded efforts Our by the that Year was Finance. recently of bond as recognized
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with for years. week, combined call three future. next flexibility that ABS, closer funding that social program, would the to As effectively feature XXXX, year a we bond markets, our market X% and dislocation, X coupon of To end, our for opportunity remember, expected bond add million of which issue even a our funding presented during demonstrated May the callable it million have also in X/X% we bond, we replaced manage this the this [ph] our you bond issued at a we in of very an may funding difficult While with to ability five notice height to a to $XXX give of COVID greater in us X% to $XXX issued
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Let few me now liquidity. our discussing spend minutes a
any accessing hallmark is our know, the funding. you sheet for balance company As markets of this and critical another capital for
our of We $X at operate of here committed billion our XX the billion. This resources under We the plus quarter, in facility runway partners, we recent with can to five late remain was access of have, that our conditions with company year that XX our unencumbered engaged from remain runway conduits This includes month always committed XX over across macroeconomic the to we bank well whatsoever. at liquidity the billion renewed credit is of unsecured conduits March a XX potential the billion of years, end the partners. and bank of as in new no in months. revolving having we position, quarter, can stressed which sit liquidity the period invested in which support to our as $X completed foundation as We capacity, With capital $X that runway two $XX.X actively markets above The is these today. runway the increased you loans we're end robust. facilities see XXXX. our
to Moving XX. on page
for through generation million another repurchase our all $XXX dividend, and returned levels. X.X maintaining nearly capital while shares of outstanding to million shares, strong million us $XXX shareholders $XXX of capital our X% regular Our to million allowed
the the flat at prior was to net or times quarter the quarter. end of Our X.X leverage
within case we long-standing our unchanged the wrap in range for been by year our year. to run since X our leverage reminding XXXX we the spoke has of of full will times. to earlier years, I'll X business all up guidance, As you continue
managed with to X% in framework. line grow operating receivables XX%, our long-term continue We expect to to
XQ that receivables influenced While stimulus, $XXX range, by heavily quarter. the in by as first federal million above quarter comparison of was that fell than period the more 'XX was
earlier, discussed in expect we to X.X% As net range. charge-offs to continue to the full year be X.X%
I'd be $X.X business call know, return share on we optimize between expect approximately capital expect $X.XX. like run X%. to to and and turn to and $X.XX capital that, With be And We XXXX, billion generation, as capital we generation to $X.XX our back the expect generation receivables per to Doug. we to billion in to generate you
