General Electric reported GE Capital Q1/17 earnings were $535 million, up 7.9% from $496 million in the same year-ago quarter. GE Capital Aviation Services (GECAS) represented 71.2% or $386 million of the total, net of run-off insurance, with the balance or $156 million represented by Industrial Finance and Energy Financial Services of $102 million (18.8%) and $54 million (10.0%), respectively.
The report shows total GE Capital segment assets from continuing operations (Verticals) of $111.3 billion, with GECAS, Industrial Finance and Energy Financial Services segment assets of $40.8 billion, $22.7 billion and $11.8 billion. The balance or $36.1 billion was characterized as “other.”
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