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
Willis Lease Finance reported annual total revenues of $288.7 million for the year ended Dec. 31, 2020. The company reported lower revenue in 2020 when compared with 2019, primarily due to the impact of the COVID-19 pandemic. read more
MAR 16, 2021 - 6:37 am
United Rentals, an equipment rental company, reported financial results for Q4/20. The company achieved total revenue of $2.279 billion, including rental revenue of $1.854 billion, which represented a 10.1% year-over-year decrease. read more
JAN 28, 2021 - 6:59 am
PACCAR reported quarterly revenues of $5.57 billion in Q4/20 compared with $6.12 billion reported in the same period in 2019. PACCAR Financial Services achieved Q4/20 revenues of $432.6 million compared with $406.3 million in the same quarter of 2019. read more
JAN 27, 2021 - 7:17 am