Gitnux/Report 2026

Asset Backed Securities Industry Statistics

The U.S. ABS issuance reached $439.7 billion through October 2026, explore the figures behind growth, companies, and trends in 2026.
147Statistics
68Sources
11Sections
1Visuals
33mRead
Samuel NorbergWritten by Samuel Norberg·Fact-checked by Maya Johansson
Published
How this report is researched
01Editorial Scope

Before any source is gathered, an editor locks the question, what qualifies, and how the piece will be judged.

02Source Research

Search agents collect the source set and pull each data point out with its provenance attached.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The asset backed securities industry at a glance

U.S. ABS issuance reached $439.7 billion through October 2026, while European securitised issuance totaled €252.3 billion in 2025, confirming strong activity across the two largest markets.

$439.7B[25]
U.S. issuance through Oct. 2026
$1.08T[24]
U.S. ABS issuance in 2025
€252.3B[15]
European issuance in 2025
$1.83T[44]
U.S. ABS assets outstanding in 2025
Market size
U.S. ABS deal volume was $1.0823 trillion in 2025, according to the SEC, while the Federal Reserve reported $1.8345 trillion in financial assets held by U.S. ABS issuers at year-end 2025. European securitised product issuance was €252.3 billion in 2025.[24][44][15]
Forecast & CAGR
Mordor Intelligence estimates the global ABS market at $2.61 trillion in 2026 and $3.47 trillion in 2031, implying a 5.86% CAGR from 2026 to 2031. The estimate is a commercial market-research forecast rather than an official statistical series.[59]
Market share & regions
AFME reported $1.7432 trillion of U.S. securitisation issuance and €252.3 billion of European issuance in 2025; on a simple combined-currency basis, the U.S. represented approximately 87.4% of the reported total. Within Europe, EU placed issuance excluding CLOs was €57.0 billion, compared with €38.2 billion in the UK.[15]
Segmentation
The Federal Reserve’s 2025 U.S. ABS issuer assets included $1.0993 trillion of mortgages, $361.6 billion of other loans and advances, $280.5 billion of miscellaneous funding-agreement assets, and $58.1 billion of trade credit. In European placed issuance during 2025, pan-European CLOs led at €60.5 billion, followed by UK RMBS at €25.6 billion and German auto ABS at €12.9 billion.[44][15]
Key players & concentration
The SEC recorded 2,325 U.S. ABS issuances in 2025. Rule 144A transactions accounted for $942.6 billion, or approximately 87.1% of the $1.0823 trillion total deal volume, indicating that the U.S. market is predominantly distributed through institutional and qualified-investor channels.[24]
Trends, drivers & challenges
SIFMA reported U.S. ABS trading average daily volume of $2.7059 billion through October 2026, up 26.7% year over year. DoubleLine’s 2026 outlook identified strong technical conditions, broad investor demand, disciplined underwriting, softer consumer credit, and growing digital-infrastructure issuance as major market themes; it projected roughly $390 billion of gross U.S. ABS issuance for 2026.[25][60]
Consumer behavior & competition
Consumer ABS remained the largest U.S. supply segment in DoubleLine’s 2026 outlook, representing roughly two-thirds of projected issuance. The outlook also estimated that commercial and esoteric issuance would grow more than 30% to approximately $130 billion, supported by newer collateral such as digital infrastructure.[60]
Regulation
In the United States, Regulation AB sets registration, disclosure, and reporting requirements for publicly registered ABS under the Securities Act of 1933 and the Securities Exchange Act of 1934. SEC issuance statistics cover registered offerings, Rule 144A transactions, and traditional private placements sold in the United States.[24]
Latest news
SIFMA’s November 4, 2026 update reported $439.7 billion of U.S. ABS issuance through October 2026, down 1.9% year over year, while average daily trading volume rose 26.7% to $2.7059 billion. AFME’s latest full-year report showed European securitised issuance increased 3.0% in 2025 to €252.3 billion.[25][15]

02 Ranking

Top 10 Companies in the Asset Backed Securities Industry

The leading companies in the asset backed securities industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 11, 2026 · Next review December 11, 2026

Verdict

Capital One Financial stands out for credit-card and auto-loan ABS issuance and servicing because it issues and services ABS backed by credit-card receivables and auto loans, while Morgan Stanley focuses on securitizations executed during 2025 since it sponsored and executed securitizations involving asset-backed exposures during 2025.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in consumer credit ABS

    Capital One Financial

    US

    Ranked #1 · 9.6 · Consumer credit ABS

    Why we picked it: It issues and services ABS backed by credit-card receivables and auto loans, with revenue growth of 37%.

    See in ranking ↓Visit capitalone.com ↗

  2. Leader in securitization execution

    Morgan Stanley

    US

    Ranked #2 · 9.4 · Securitization execution

    Why we picked it: It sponsored and executed securitizations involving asset-backed exposures during 2025 in its securitization and structured-credit business.

    See in ranking ↓Visit morganstanley.com ↗

  3. Leader in structured finance distribution

    Bank of America

    US

    Ranked #3 · 9.2 · Structured finance distribution

    Why we picked it: It supports securitization, structured finance, underwriting, and asset distribution, with revenue growth of 6.8%.

    See in ranking ↓Visit bankofamerica.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the asset backed securities industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

Capital One Financial

Consumer credit ABS · US

9.6
2

Morgan Stanley

Securitization execution · US

9.4
3

Bank of America

Structured finance distribution · US

9.2
4

JPMorgan Chase

Structured finance distribution · US

9.2
5

Goldman Sachs

Structured finance distribution · US

9.1
6

Wells Fargo

ABS underwriting, structured products and securitization · US

8.9
7

Toyota Financial Services

Global auto-loan and lease ABS issuance · JP

8.9
8

GM Financial

Automotive loan and lease ABS issuance · US

8.6
9

Citigroup

Global ABS origination, structuring, trading and securitization · US

8.6
10

OneMain Holdings

Consumer-loan ABS issuance and servicing · US

8.0

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 11, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 11). Top 10 companies in the asset backed securities industry. In Asset Backed Securities Industry Statistics. Gitnux. https://gitnux.org/asset-backed-securities-industry-statistics/#top-companies

report visual · Projection

U.S. asset-backed securities average daily trading volume

U.S. asset-backed securities average daily trading volume grew from $1.9B in 2020 to $2.1B in 2025.

$1.9B
Start
+2.02%
CAGR · 5y
$2.1B
Projected
20202025
source-verifiedsifma.org2025

04 Statistics

Technology & Innovation

Integration and agentic AI are both showing traction in 2026, with 84% of firms prioritizing front-, middle- and back-office integration and 26% reporting agentic AI use.

Digital Transformation in the financial services sector (sector benchmark)

  • 80% of financial services firms reported active AI use in 2026, up from 31% in 2025.[1]
  • 27% of financial services firms reported financial benefits from AI in 2026, up from 14% in 2025.[1]
  • 84% of financial services firms said integrating front-, middle- and back-office systems into one platform is important in 2026.[1]
  • 43% of financial services firms said they will need an entirely new technology stack to succeed in the age of AI.[1]
  • 26% of financial services firms reported using agentic AI in 2026, according to a global digital-transformation study.[1]

Technology Adoption in the financial services sector (sector benchmark)

  • 35% of financial institutions adopted or improved generative-AI capabilities during the 12 months covered by the 2024 survey.[2]
  • 59% of finance leaders reported using AI in their finance function in 2025, according to Gartner’s survey of 183 senior finance leaders.[3]
  • 54% of surveyed financial services companies had deployed AI initiatives by January 2025, up from 40% one year earlier.[4]
  • 61% of financial institutions recently adopted AI or improved their AI capabilities, based on a 2024 survey across 11 markets.[2]
  • About one-third of financial services companies reported using generative AI by January 2025, compared with 21% a year earlier.[4]

Cloud Computing in the financial services sector (sector benchmark)

  • 82% of financial services firms used a hybrid- or multi-cloud strategy in LSEG’s 2025 global survey.[5]
  • 43% of banking and financial services organizations were moving toward a cloud-first analytics approach in the WNS-Forrester survey.[6]
  • 33% of financial services firms were highly satisfied with cloud-related reductions in operational costs in Capgemini’s 2024 survey.[7]
  • 87% of financial services firms increased cloud investment during the two years preceding LSEG’s 2025 global survey.[5]
  • 91% of financial organizations had at least one cloud platform in 2023, up from 37% in 2020.[7]

Big Data in the financial services sector (sector benchmark)

  • 41% of surveyed bank marketers said their bank was already using data analytics to make decisions and achieve goals in 2024.[8]
  • 11% of surveyed bank marketers were very confident in the accuracy of the data they regularly used in 2024.[8]
  • 43% of financial services firms had adopted customer-data platforms at least partially or were scaling them, based on Capgemini’s 2024 survey.[7]
  • 37% of surveyed bank marketers said their bank was on the way to using data and analytics to support strategic goals in 2024.[8]
  • 18% of finance firms adopted big-data analytics in the OECD’s cross-country comparison; the European data refer to 2019.[9]

Blockchain in the asset backed securities industry

  • 31.4 basis points was the reduction in yield spread for Chinese ABS issued using blockchain technology, equivalent to a 13% relative decrease.[10]
  • 25 basis points was the approximate reduction in ABS issuance costs associated with blockchain adoption in China, based on approximately 5,000 products issued from 2015 to 2020.[11]
  • Approximately 5,000 Chinese ABS products issued between 2015 and 2020 were analyzed in research comparing blockchain-based and traditional ABS deals.[11]

IoT in the financial services sector (sector benchmark)

  • 20% of financial-services enterprises across all surveyed countries expected IoT to rank among their top-five digital-transformation spending areas during 2027–2030.[12]
  • 12% of banking respondents said IoT had the potential to transform how their organization operates over the next two years, according to a 2023 survey.[13]
  • 32.8% of respondents across all industries reported adopting IoT technologies, compared with 19.3% among financial services and insurance respondents.[14]
  • 19.3% of financial services and insurance respondents reported adopting IoT technologies in New Relic’s observability survey.[14]
  • 45% of financial-services enterprises across all surveyed countries said IoT was quite important to digital-transformation success in 2024.[12]
  • 91% of financial-services enterprises across all surveyed countries were using IoT in 2024, including advanced, moderate or limited use.[12]

05 Statistics

Data & Analytics

U.S. ABS issuance is concentrated in Rule 144A, with $942.6 billion or 87.1% of the 2025 total. In Europe, disclosure and reporting requirements extend across public and asset-backed commercial paper frameworks.

Business intelligence in the asset backed securities industry

  • 12 banks across 6 European countries contributed transaction-level data to the private securitisation benchmarking exercise for the second half of 2025.[15]
  • €20 trillion of EU financial products and nearly 6,000 issuer ratings were covered by ESMA’s SupTech-based topical analysis dataset.[16]
  • 30 June 2021 was the date from which EU public securitisation data, including underlying exposures and investor reports, had to be reported through registered securitisation repositories.[16]
  • 84 billion euros of private securitisation commitments were covered by the European benchmarking exercise dataset in the second half of 2025.[15]

Data analytics in the asset backed securities industry

  • Quarterly reporting was required for EU public securitisations, while asset-backed commercial paper transactions were subject to monthly reporting under the EU disclosure framework in 2025.[16]
  • 64,232 ESG ratings were assigned to 4,588 securitised-finance and covered-bond securities as of January 2021.[17]
  • 16% of the 64,232 ESG ratings assigned to securitised-finance and covered-bond securities received an ESG rating of 4 in at least one category as of January 2021.[17]
  • 2% of the 64,232 ESG ratings assigned to securitised-finance and covered-bond securities received the highest ESG rating of 5 as of January 2021.[17]

Data Quality in the financial services sector (sector benchmark)

  • Across significant European banking institutions, 32% did not apply data-quality-management principles to end-user computing in 2023.[18]
  • Across banks supervised by the European Central Bank, 28% reported that all data used by critical functions came from golden sources in 2023.[18]
  • Across global financial services, 36% of organizations rated their data excellent for quantity and completeness in 2024.[19]
  • Across U.S. banking and capital markets, 94% of respondents named data accuracy and reliability as a priority in 2024.[20]
  • Across global financial services, 34% of organizations rated their data excellent for accuracy and integrity in 2024.[19]
  • Across U.S. banking and capital markets, 86% of respondents named data access and usability as a top concern in 2024.[20]

Data Governance in the financial services sector (sector benchmark)

  • Across 35 surveyed banks, insurers, and financial-services firms in 38 countries, 54% had adopted a semantic layer for organization-wide data governance in 2025.[21]
  • Across financial-services organizations surveyed globally, 82.9% had implemented governance policies specifically applying to business intelligence and analytics in 2025.[22]
  • Across global financial services, 54% of companies rated data governance at one of the two highest maturity levels in 2024.[23]
  • Across financial-services organizations surveyed globally, 43.7% lacked a standardized certification process for analytics content in 2025.[22]
  • Across financial-services organizations surveyed globally, 57.1% identified BI-content testing as the top future investment in analytics governance in 2025.[22]

KPIs in the asset backed securities industry

  • $942.6 billion, or 87.1% of U.S. ABS deal volume, was issued under Rule 144A in 2025.[24]
  • $127.1 billion of U.S. ABS deal volume was registered under U.S. securities laws in 2025.[24]
  • 62.0% of European securitised product issuance was placed with investors in 2025, compared with 58.8% in 2024.[15]
  • $1,082.3 billion was the total U.S. ABS deal volume in 2025.[24]

06 Statistics

Strategy & Growth

Supply remains concentrated in U.S. agency mortgage-backed securities and is expanding beyond traditional collateral. Consumer ABS is estimated at roughly two-thirds of projected U.S. issuance in 2026.

Growth in the asset backed securities industry

  • 43.3% was the year-over-year increase in U.S. ABS issuance in 2024, reaching $388.1 billion.[25]
  • 87.8% was the year-over-year increase in European CLO/CDO issuance in 2024.[15]
  • 14.8% was the increase in European securitised-product issuance in 2024, reaching €244.9 billion from €213.3 billion in 2023.[15]
  • 145.0% was the year-over-year increase in European SME securitisation issuance in 2024.[15]

Differentiation in the asset backed securities industry

  • €1.5 billion of Spanish consumer ABS was placed in the fourth quarter of 2024, more than double the €0.7 billion placed in the third quarter.[26]
  • 73% of U.S. securitisation issuance in 2024 consisted of agency mortgage-backed securities, distinguishing the market from Europe’s more diversified collateral mix.[27]

Strategic partnerships in the asset backed securities industry

  • $2.1 billion was the final size of KKR’s Asset-Based Finance Partners fund, investing globally in privately originated credit backed by financial and hard assets.[28]
  • $148 billion was HPS Investment Partners’ approximate client-asset base when BlackRock announced its acquisition agreement in 2024.[29]
  • $12 billion was the value of Apollo’s ATLAS SP Partners platform partnership transaction with MassMutual?[30]
  • $1 billion was the capital commitment anchoring TCW’s asset-backed-finance business launched in 2024, provided by TCW, partners and affiliates.[31]

07 Statistics

People & Workforce

Work-location flexibility remains a planning factor through 2026, with 52.5% of U.S. financial activities workers teleworking in June 2026. That supports continued adoption of hybrid operating models.

Remote Work in the financial services sector (sector benchmark)

  • 68% of U.S. financial services workers said they would consider seeking new employment if remote and hybrid flexibility were reduced in 2023.[32]
  • 52.5% of workers in U.S. financial activities teleworked in June 2026, according to the Bureau of Labor Statistics.[33]
  • 87% of U.S. financial services employees said remote work helped them balance home and work responsibilities in 2025.[23]
  • Across U.S. financial services, 82% of companies offered some form of work-location flexibility in 2025.[34]

Hybrid Work in the financial services sector (sector benchmark)

  • 39% of financial services companies offered corporate employees full flexibility over work location in 2024.[35]
  • 52% of financial services companies used a structured hybrid model in 2024, up from 41% in 2023, according to a survey of 777 companies.[35]
  • 28.7% of U.S. finance and insurance workers were in hybrid work arrangements as of September 24, 2024.[36]
  • 42.2% of remotely workable finance and insurance jobs were hybrid in July 2025 in the United States.[34]
  • 54% of U.S. employees with remote-capable jobs worked in a hybrid arrangement in 2025.[37]

Employee Engagement in the financial services sector (sector benchmark)

  • 31% of employees in the United States and Canada were engaged at work in 2025.[37]
  • 20% of employees worldwide were engaged at work in 2025, according to Gallup’s World Poll.[37]
  • 12% of employees in Europe were engaged at work in 2025.[37]
  • 16% of employees worldwide were actively disengaged at work in 2025.[37]

Change Management in the financial services sector (sector benchmark)

  • 43% of banks reported that senior leaders lacked a clear understanding of transformation in 2025.[38]
  • 49% of financial institutions cited continuous learning and development as a way to prepare for technological change in 2024.[2]
  • 53% of banks identified a significant change portfolio requiring prioritization and coordination over the next two years in 2025.[38]
  • 64% of financial services leaders acknowledged the need for complete organizational transformation in 2024.[39]
  • 45% of banks reported issues resourcing change agents and stream leads for transformation workstreams in 2025.[38]

08 Statistics

Marketing & Brand

Creator and influencer budgets are still actively allocated, with 60% of financial-services marketers reporting dedicated and growing budgets for creator or influencer marketing in 2026.

Influencer Marketing in the financial services sector (sector benchmark)

  • 7% of financial-services marketers reported folding creator or influencer marketing into other channels rather than maintaining a dedicated budget in 2026.[40]
  • 5% of financial-services marketers reported dedicated but shrinking budgets for creator or influencer marketing in 2026.[40]
  • 37% of banking executives in a survey of 102 finance respondents recognized influencer marketing as a potent tool for authentic consumer connections in 2023.[41]
  • 60% of financial-services marketers reported dedicated and growing budgets for creator or influencer marketing in 2026.[40]
  • 23% of financial-services marketers reported dedicated but flat budgets for creator or influencer marketing in 2026.[40]

09 Statistics

Operations & Execution

Operational resourcing shifts continue, with 64% of surveyed finance organizations implementing or evaluating offshoring or nearshoring for finance operations in 2026.

Outsourcing / Offshoring in the financial services sector (sector benchmark)

  • Among significant European banks, outsourcing services accounted for 7.2% of administrative expenses at year-end 2023, up from 6.8%.[18]
  • Across surveyed finance organizations, 17% were evaluating nearshore locations for future operations in 2026, compared with 13% evaluating offshore locations.[42]
  • Among significant European banks, 27% of critical ICT contracts were outsourced to external providers located outside the European Union in the 2024 analysis.[18]
  • Across surveyed finance organizations, 64% were implementing or evaluating offshoring or nearshoring for finance operations in 2026, while 36% planned to remain fully U.S.-based.[42]
  • Among U.S. banks surveyed, 57% had considered outsourcing information technology departments in 2024, the highest share among listed departments.[43]

10 Statistics

Finance & Pricing

Pricing conventions remain tied to Treasury and short-term benchmarks, with a typical fixed ABS coupon spread of 50–300 basis points over the Treasury curve cited for the U.S. market.

Pricing strategy in the asset backed securities industry

  • 50–300 basis points was the typical fixed ABS coupon spread over the Treasury curve in the Federal Reserve’s market manual, published in 2003 for the U.S. market.[44]
  • 15 basis points over one-month LIBOR was an example of floating-rate ABS pricing cited by the Federal Reserve for the U.S. market in 2003.[44]

11 Statistics

Product & Service

U.S. market activity stays heavy in Rule 144A issuance, and 2,325 U.S. ABS issuances were recorded in 2025. Europe placed €252.3 billion of securitised products in 2025.

Product development in the asset backed securities industry

  • 5.1% was the year-on-year increase in European ABS issuance in 2025, while CLO/CDO issuance rose 23.0%.[15]
  • 2,325 U.S. ABS issuances were recorded in 2025, including 2,182 Rule 144A offerings, 117 registered offerings and 26 private offerings.[24]
  • €252.3 billion of securitised products were issued in Europe in 2025, up 3.0% from 2024.[15]
  • 67.8% was the year-on-year increase in European SME securitisation issuance in 2025.[15]

Product lifecycle in the asset backed securities industry

  • 390 securitised products were outstanding in the EU at the end of 2022, with total outstanding amounts of €540 billion.[16]
  • 16% of EU securitisation outstanding amounts were linked to automobile loans at the end of 2022.[16]
  • 54% of EU securitisation outstanding amounts were linked to residential mortgages at the end of 2022.[16]
  • 86% of EU securitisation outstanding amounts were originated in France, Germany, Italy, Spain and the Netherlands at the end of 2022.[16]

After-sales in the asset backed securities industry

  • $733.6 billion of unpaid principal balance was in Pennymac’s servicing portfolio at December 31, 2025, up 10% year on year.[24]
  • 2.788 million loans were serviced by Pennymac at December 31, 2025.[24]
  • 4.2% was the 60-plus-day delinquency rate for Pennymac’s owned servicing portfolio in the fourth quarter of 2025.[24]
  • $1.622 billion of unpaid principal balance was associated with completed loan modifications in Pennymac’s servicing segment in the fourth quarter of 2025.[24]

Value proposition in the asset backed securities industry

  • 89% of the European private securitisation market was represented by trade receivables, auto loans or leases, consumer loans and equipment leasing in the second half of 2025.[15]
  • 5% was the approximate average corporate-loan growth rate from 2018 to 2025 for European banks that issued securitisations, compared with about 1% for banks that did not.[45]
  • €250.48 billion was the estimated total commitments of the European private securitisation market in the second half of 2025.[15]
  • 75% of the European private securitisation market was backed by trade receivables and auto loans or leases in the second half of 2025.[15]

12 Statistics

Sustainability & Ethics

Securitisation-linked labeling is tied to use-of-proceeds conditions, with 85% of proceeds required for EU Taxonomy-aligned activities for the European green bond label.

Sustainability in the asset backed securities industry

  • $40 billion of labeled U.S. securitisations, including green, social and sustainable categories, were issued in 2023.[46]
  • 85% of proceeds must be used for EU Taxonomy-aligned activities for a securitisation to qualify for the European green bond label under the use-of-proceeds principle.[47]
  • 2023 was the year of the first solar asset-backed securities deal in Germany, according to market analysis published in 2025.[48]
  • €4.5 billion of green securitisations had been issued in the Netherlands since the first European green securitisation transaction in 2016, as of 2023.[49]

ESG in the asset backed securities industry

  • Approximately 2% of securitised-finance and covered-bond securities received the highest ESG rating of 5 in at least one category as of January 2021.[17]
  • 64,232 ESG ratings covered 4,588 securitised-finance and covered-bond securities as of January 2021.[17]
  • European ESG CLO issuance had been developing since the first issuance in March 2018, according to PRI analysis published in 2021.[17]

14 Statistics

Globalization & Expansion

Structured-finance issuance remains uneven across regions, with the 2024 estimated U.S. structured-finance new-issue volume at $547 billion versus $104 billion in Europe.

Globalization in the asset backed securities industry

  • $547 billion was the estimated U.S. structured-finance new-issue volume in 2024, compared with $104 billion in Europe and $264 billion in China.[15]
  • $1.025 trillion was the estimated global structured-finance new-issue volume in 2024, excluding covered bonds, agency RMBS/CMBS, ABCP, TOBs, CRE CLOs and CLO refinancings.[15]
  • 12% was the increase in Asia-Pacific securitisation volume from €59 billion to €66 billion in 2024.[27]
  • $39 billion was the estimated Japanese structured-finance new-issue volume in 2024, while Australia accounted for $33 billion and Latin America for $29 billion.[15]

Stakeholder management in the asset backed securities industry

  • More than 60% of synthetic-risk-transfer buyers were private-credit funds in 2023, followed by pension funds at close to 20%.[57]
  • Almost two-thirds of the more than $1.1 trillion in assets synthetically securitised globally since 2016 were in Europe.[58]
  • €74.0 billion of European synthetic-risk-transfer issuance was recorded in the fourth quarter of 2024, up 101.1% from the previous quarter.[15]

Distribution channels in the asset backed securities industry

  • 58.8% of Europe’s €244.9 billion securitised-product issuance was placed with investors in 2024, compared with 44.4% in 2023.[15]
  • €8.5 billion of UK RMBS was placed in the fourth quarter of 2024, compared with €5.5 billion in the third quarter.[26]
  • €13.1 billion of Pan-European CLOs was placed in the fourth quarter of 2024, the largest placed category in the period.[26]
  • 29.3% of European securitised product issued in the fourth quarter of 2024 was placed, totaling €18.4 billion.[26]

Key questions about the asset backed securities industry

What is the current market size for asset-backed securities issuance?
U.S. ABS issuance reached $439.7 billion through October 2026, while U.S. ABS deal volume was $1.0823 trillion in 2025. Europe reported €252.3 billion of securitised issuance in 2025.
How has U.S. ABS issuance and trading moved into late 2026?
SIFMA reported $439.7 billion of U.S. ABS issuance through October 2026, down 1.9% year over year. Average daily trading volume rose 26.7% to $2.7059 billion through October 2026.
Which companies lead the asset backed securities industry?
Capital One Financial stands out for credit-card and auto-loan ABS issuance and servicing because it issues and services ABS backed by credit-card receivables and auto loans, while Morgan Stanley focuses on securitizations executed during 2025 since it sponsored and executed securitizations involving asset-backed exposures during 2025.
What technology shifts are most relevant to ABS operations in 2026?
In 2026, 80% of financial services firms reported active AI use and 26% reported using agentic AI. Industry-wide integration expectations remain high, with 84% saying integration of front-, middle- and back-office systems into one platform is important.
What does ABS market structure look like in the U.S.?
Rule 144A transactions accounted for $942.6 billion, or approximately 87.1% of the $1.0823 trillion total U.S. ABS deal volume in 2025. The SEC recorded 2,325 U.S. ABS issuances in 2025.
Where is supply concentrated, and how is collateral diversifying?
DoubleLine’s 2026 outlook estimated consumer ABS at roughly two-thirds of projected issuance and projected commercial and esoteric issuance to grow more than 30% to approximately $130 billion. It also cited newer collateral such as digital infrastructure.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Samuel Norberg. (2026, November 11). Asset Backed Securities Industry Statistics. Gitnux. https://gitnux.org/asset-backed-securities-industry-statistics
MLA
Samuel Norberg. "Asset Backed Securities Industry Statistics." Gitnux, 11 Nov 2026, https://gitnux.org/asset-backed-securities-industry-statistics.
Chicago
Samuel Norberg. 2026. "Asset Backed Securities Industry Statistics." Gitnux. https://gitnux.org/asset-backed-securities-industry-statistics.

Sources & references

68 sources cited across this report

  1. broadridge.com
  2. finastra.com
  3. gartner.com
  4. spglobal.com
  5. lseg.com
  6. wns.com
  7. capgemini.com
  8. bankingjournal.aba.com
  9. oecd.org
  10. pubsonline.informs.org
  11. bis.org
  12. iotbusinessnews.com
  13. arizent.brightspotcdn.com
  14. newrelic.com
  15. afme.eu
  16. esma.europa.eu
  17. public.unpri.org
  18. bankingsupervision.europa.eu
  19. riverbed.com
  20. deloitte.com
  21. assets.contentstack.io
  22. wiiisdom.com
  23. kpmg.com
  24. sec.gov
  25. sifma.org
  26. service.betterregulation.com
  27. ecmi.eu
  28. media.kkr.com
  29. ir.blackrock.com
  30. apollo.com
  31. sfnet.com
  32. eaglehillconsulting.com
  33. bls.gov
  34. cresa.com
  35. journalofaccountancy.com
  36. carriermanagement.com
  37. gallup.com
  38. assets.kpmg.com
  39. mayerbrown.com
  40. brand-news.it
  41. insight-hs.vericast.com
  42. grantthornton.com
  43. assets.wipfli.com
  44. federalreserve.gov
  45. ecb.europa.eu
  46. impaxam.com
  47. banque-france.fr
  48. lcp.com
  49. dnb.nl
  50. govinfo.gov
  51. wolterskluwer.com
  52. wisbusiness.com
  53. pwc.com
  54. cpl.thalesgroup.com
  55. trustarc.com
  56. fticommunications.com
  57. elibrary.imf.org
  58. imf.org
  59. mordorintelligence.com
  60. doubleline.com
  61. investor.capitalone.com
  62. morganstanley.com
  63. todayinbanking.com
  64. media.ifre.com
  65. goldmansachs.com
  66. wellsfargo.com
  67. gmfinancial.com
  68. citigroup.com