Lexus Financial Services, a financial services company based in Los Angeles, says it has found its biggest financial success in recent years.
The Los Angeles-based company said in its quarterly earnings report that its average revenue increased 30% in the fourth quarter from the same period a year ago to $1.5 billion.
The company said it was also able to expand its product portfolio to include a wide range of financial products.
The report also noted that the company now operates more than 300 branches across the country, as well as a website that is home to more than 250,000 videos and articles.
The results come as many of the country’s largest banks are grappling with the aftermath of the financial crisis.
Many of those banks are now in bankruptcy, and some are now facing the prospect of losing billions of dollars in loans.
A slew of major financial institutions have been forced to lay off hundreds of thousands of employees.