Recent Earnings

Merchants Financial Sees $3.47MM+ Net Income in Q1/2019

Merchants Financial Group announced first quarter net income of just over $3.47 million, according to MFGI President and CEO Gregory M. Evans. read more

Signature Bank Net Income Hits $144.1MM in Q1/2019

Signature Bank reported its results for the first quarter of 2019 ended March 31. Net income for the quarter was $144.1 million versus $34.5 million for the 2018 first quarter. read more

BofA First Quarter 2019 Sees 6% Growth in Net Income Y/Y

Bank of America released its financial results for the first quarter of 2019, reporting a net income of $7.3 billion, an increase of 6% year over year. read more

Well Fargo Q1/19 C&I Interest Income Up 23%; Lease Financing Yields Drop Y/Y

Wells Fargo reported Q1/19 earnings of $5.9 billion was up from $5.1 billion a year earlier. C&I interest income was also up 23 percent compared to a year earlier while lease financing interest income and yields were down from Q1/18. read more

PNC Reports Higher Y/Y Earnings; Meets Analysts Expectations

PNC Reported Q1/19 net income of $1.27 billion was up from $1.24 billion for the same quarter a year earlier. Earnings per share of $2.61 met analysts’ estimates. read more

Ascentium Capital Surpasses $5 Billion in Funded Volume

Ascentium Capital reported first quarter funded volume of $314.3 million, representing a 13.5 percent increase over the same period last year and managed assets at $2.1 billion. read more

Greenbrier Reports Expected Revenue of $650MM for Q2/2019

The Greenbrier Companies received orders for 3,800 new railcars with an aggregate value of nearly $450 million and reported preliminary financial results, with an expected revenue of approximately $650 million, during Q2/2019. read more

Cervus Ends 2018 with $36.5MM in Adjusted Pre-Tax Income, Up $8.8MM Y/Y

Cervus Equipment reported its financial results and operational highlights for the full year 2018. The company’s generated adjusted income before income tax expense was $36.5 million, a $8.8 million increase over 2017 adjusted income. read more

Willis Lease Finance Total Revenue Up 26.7% Y/Y for 2018

Aircraft lessor Willis Lease Finance reported a record annual pre-tax profit of $56.3 million, up from $36 million in 2017, including record total revenues of $348.3 million. read more

Chesswood Reports $32.7MM Pre-Tax Income for 2018, Up 17% Y/Y

Commercial equipment finance provider Chesswood Group reported its results for the fourth quarter and year ended December 31, 2018. Finance receivables exceeded $900 million for the first time. read more

Navistar Reports $11MM Net Income in Q1/2019

Navistar International reported first quarter 2019 net income of $11 million, or $0.11 per diluted share, compared to a first quarter 2018 net loss of $73 million, or $0.74 per diluted share. read more

Fly Leasing Reports $31MM Net Income for Q4/2018

Aircraft lessor Fly Leasing released its financial results for the fourth quarter and full year of 2018. Net income for Q4 reached $31 million, while full year net income reached $85.7 million. read more

Element Reports $99.2MM Operating Income for Q4/2018, Up $3.8MM Y/Y

Element Fleet Management released its financial results for the fourth quarter and 12 months ended December 31, 2018 and reported accelerated progress on its transformation work. read more

TD Bank Experiences $1.8B Reported Earnings in Q1/19

TD Bank released its financial results for the first quarter ended January 31, 2019, with reported earnings of C$2.4 billion ($1.8 billion), up 2% on a reported basis and flat on an adjusted basis, compared with Q1/18. read more

$56.3MM Operating Income for Ritchie Bros. in Q4/2018

Ritchie Bros. Auctioneers reported its fourth quarter results for 2018, which included an operating income of $56.3 million – an increase of 41% compared to $40 million in the fourth quarter of 2017 read more

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Terry Mulreany
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