Recent Earnings

Park National Bank Tops $110.4MM Net Income for 2018

Park National Bank reported increased net income and earnings per share among its financial results for the fourth quarter and full year of 2018. Q4 earnings for 2018 were $26.3 million, a 15% increase from $22.8 million for the fourth quarter of 2017. read more

$82MM in Net Income for CIT in Q4/2018, $428MM for Full Year

CIT Group reported fourth quarter net income of $82 million or $0.78 per diluted common share, compared to a net loss available to common shareholders of $98 million or $0.74 per diluted common share for the year-ago quarter. read more

MB Financial Reports $75.9MM Net Income for Q4/2018

MB Financial reported a fourth quarter 2018 net income of $75.9 million, a gain of $33.2 million over its income of $42.7 million the previous quarter but below the $144.2 million income in the fourth quarter of 2017. read more

Avidbank More Than Doubles Net Income for Q4/2018

Avidbank reported an unaudited consolidated net income of $3.481 million for the fourth quarter of 2018 compared to $1.009 million for the same period in 2017, a 240% increase year-over-year. read more

TCF Reports Q4/2018 Net Income of $85.7MM, Annual Income of $304.4MM

TCF Financial reported net income of $85.7 million for the fourth quarter of 2018, compared with $101.4 million for the fourth quarter of 2017 and $86.2 million for the third quarter of 2018. read more

LeaseQuery Experiences Record-Breaking 708% Revenue Growth in 2018

Lease accounting software provider LeaseQuery experienced record growth in 2018, with a 708% year-over-year revenue growth. The expansion was propelled by LeaseQuery’s solution supporting the new FASB lease accounting standards. read more

BB&T Reports Record $3.1B Annual Earnings for Fiscal Year 2018

BB&T reported Q4/18 earnings of $754 million and earnings of $3.1 billion for the full fiscal year of 2018. Fourth quarter earnings were up 22% compared to 2017’s Q4 earnings of $614 million. read more

Signature 2018 Earnings Up 30.5% Y/Y

Signature Bank reported 2018 net income of $505.3 million, up from $387.2 million in 2017, an increase of $118.1 million, or 30.5%. read more

PNC 2018 Earnings Flat Y/Y, Q4/18 Revenue Down $17MM

PNC reported full year 2018 net income of $5.346 billion, down slightly from $5.388 billion in 2017. Total revenue for the fourth quarter of $4.3 billion declined $17 million. read more

Wells 2018 Revenue Down Slightly While Earnings Hold Steady

Wells Fargo reported net income of $22.4 billion in 2018, compared with $22.2 billion in 2017. Revenue of $86.4 billion was down from $88.4 billion year over year. read more

Deere Q4 Earnings Skyrocket 54%

Deere reported reported Q4/18 net income of $784.8 million, an earnings increase of 54%. Net sales rose 18% to $8.3 billion. read more

ECN Capital Reports $50MM+ EBITDA in Q3/18

ECN Capital reported Q3/18 EBITDA, net of provision for credit losses, of $50.9 million versus $36.6 million for the previous three-month period and $34.4 million for the same period last year. read more

Willis Reports Record Quarterly Lease Rent Revenue of $47MM

Willis Lease Finance reported a pre-tax profit of $13.3 million in Q3/18, including record quarterly lease rent revenue of $47.0 million. read more

Marlin Q3/18 Earnings Up 78.8%; Volume Up 17%

Marlin reported Q3/18 net income of $5.9 million, up 78.8% from net income of $3.3 million a year ago. Excluding referral volume, Q3/18 originations were $173.1 million, up 17% from $117.9 million in the year ago quarter. read more

GE to Reduce Quarterly Dividend to One Cent After Disappointing Q3 Earnings

After reporting a loss of $2.63 per share from continuing operations, GE announced plans to reduce its quarterly dividend from $0.12 to $0.01 per share and reorganize its Power vertical. read more

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