Wintrust Financial achieved record net income of $695 million in 2024, with standout growth in its equipment finance and specialty finance units, driven by an 8% annualized loan increase and strong credit quality. read more
JAN 22, 2025 - 6:29 am
Aviation finance company Avolon reported lease revenue of $2.473 billion in 2023, an increase of 6% year over year. In addition, the company recorded operating cash flow of $1.751 billion (up 45% year over year) and adjusted EBITDA of $2.51 billion (up 6%). read more
FEB 9, 2024 - 6:53 am
DLL reported net profits of €260 million ($282.82 million) for the first half of 2023, representing an increase of 157% compared with 2022, when, according to DLL, results were heavily diluted by impairments linked to the company’s decision to cease all business activities in Russia. read more
AUG 17, 2023 - 6:53 am
Mitsubishi HC Capital Canada reached $2 billion in financing assets. The company reached its first $1 billion in the span of 39 years, while the next $1 billion was earned within the past four years. read more
SEP 22, 2022 - 7:25 am
For the first half of 2022, DLL reported a 3% year-over-year increase in its portfolio balance to €39.5 billion ($41.2 billion) and new business volume of €15.4 billion ($16.1 billion), which reflected growth of 8% on a year-over-year basis. read more
AUG 26, 2022 - 7:33 am
Willis Lease Finance reported increases in total revenues, lease rent revenue and short-term maintenance revenue in Q1/22, although its performance was negatively impacted by Russia’s invasion of Ukraine. read more
MAY 10, 2022 - 7:22 am
In the first three months of 2022, TopMark Funding funded a company record of $34.7 million in volume, marking a 242% year-over-year increase from Q1/21. read more
MAY 4, 2022 - 7:17 am
DLL recorded net profits of €586 million ($693 million) for 2021, which represented an increase of 226% from the prior year. read more
APR 29, 2022 - 7:29 am
Accord Financial reported a company record of C$11.887 million ($9.31 million) of net earnings attributable to shareholders in 2021 compared with C$417,000 ($326,600) in 2020, delivering earnings per share of C$1.39 ($1.09) compared with C$0.05 ($0.04) in 2020. read more
MAR 11, 2022 - 6:58 am
Chesswood Group reported that its U.S equipment finance segment increased interest revenue on leases and loans by $2.7 million in 2021 compared with 2020. In addition, its Canadian equipment financing segment generated a year-over-year increase in revenue of $17.6 million. read more
MAR 10, 2022 - 6:50 am
Aircraft lessor AeroCentury reported net income in Q3/21 of $27.5 million compared with a net loss of $4.1 million in Q3/20. The company also recorded $28.7 million in reorganization gains in Q3/21. read more
NOV 22, 2021 - 6:42 am
Chesswood Group’s U.S. equipment finance segment (Pawnee Leasing and Tandem Finance) reported interest revenue on leases and loans of $24.3 million and ancillary and other income of $3.1 million, a total increase of $3.6 million period over period. read more
NOV 8, 2021 - 6:24 am
Willis Lease Finance reported Q2/21 total revenues of $66.5 million, marking an 11.4% decrease when compared with the $75 million recorded in the same quarter of 2020. read more
AUG 5, 2021 - 6:54 am
FLY Leasing reported total revenues of $80.9 million in Q1/21. It also reported a net loss of $3.4 million in the quarter compared with net income of $38.1 million during Q1/20. During the quarter, FLY Leasing signed a merger agreement to be acquired by Carlyle Aviation Partners. read more
MAY 14, 2021 - 7:17 am
DLL reported net profit of €180 million ($206 million) for 2020. Despite a difficult economic environment and softening business demand, the company grew its portfolio to €34.9 billion ($42.9 billion), an increase of 2% when excluding currency movements. read more
MAY 13, 2021 - 6:39 am