PNC reported Q2/18 revenue and earnings of $4.3 billion and $1.4 billion, respectively, which were up 6.5% and 23.6%, respectively, from the same quarter in 2017. Earnings per share of $2.72 exceeded analysts’ estimates of $2.58. read more
JUL 13, 2018 - 3:11 pm
JPMorgan Chase reported record Q2/18 earnings of $8.3 billion, up $1.3 billion or 18% from Q2/17. CEO Jamie Dimon attributed the bank’s performance to “good global economic growth, particularly in the U.S, where consumer and business sentiment is high.” read more
JUL 13, 2018 - 3:06 pm
MidAtlantic Farm Credit reported net income for Q1/18 was $13.6 million, a 15.0% increase compared to Q1/17. read more
MAY 24, 2018 - 6:41 am
Hitachi Capital America reported $4.6 billion in total funded volume in fiscal 2017. The specialty finance company also surpassed $3 billion in total assets. read more
MAY 22, 2018 - 7:27 am
Deere reported Q2 net income of $1.2 billion compared to $808.5 million in Q2/17. In its outlook, Deere said equipment sales are projected to increase by about 30% for fiscal 2018. read more
MAY 21, 2018 - 7:16 am
Element Fleet Management announced core fleet originations in Q1/18 were C$1.47 billion, up 10.5% from C$1.33 billion in Q1/17. read more
MAY 16, 2018 - 7:11 am
AmeraMex reported Q1/18 revenue of approximately $2 million, which marked a 33% increase from Q1/17. The company also received $7.6 million in equipment orders and renewal of rental contracts during the quarter. read more
MAY 15, 2018 - 1:58 pm
Ritchie Bros. reported Q1/18 net income of $17.1 million, which marked a 65% improvement compared to $10.4 million for the same quarter in 2017. read more
MAY 15, 2018 - 7:01 am
MidAtlantic Farm Credit reported 2017 net income of $76.6 million, up from $57.3 million in 2016. Its 2017 loan portfolio increased to $2.7 billion, with acceptable credit quality remaining steady at 98%. read more
MAY 15, 2018 - 6:41 am
ECN Capital reported Q1/18 originations were $349.2 million, up from $249.4 million sequentially and $31.0 million for the same period in 2017. read more
MAY 14, 2018 - 7:31 am
Air Lease announced Q1/18 net income of $110.7 million was up 30.3% from $84.9 million a year earlier. read more
MAY 11, 2018 - 6:26 am
Chesswood Group reported net income of $5.9 million in Q1/18, which was up more than 25% compared to $4.7 million a year earlier. Q1/18 originations were a record $94 million, up 19% compared to $79 million in Q1/17. read more
MAY 10, 2018 - 7:50 am
OnDeck reported a Q1/18 net loss of $1.9 million, which was down from a net loss of $11.1 million in Q1/17 as provision charges were $9.9 million lower compared to a year earlier. read more
MAY 8, 2018 - 3:19 pm
AerCap executed 114 aircraft transactions in Q1/18, including 28 widebody transactions. The aircraft lessor also reported $265.4 million in net income during the quarter. read more
MAY 7, 2018 - 6:46 am
FLY Leasing grew operating lease rental revenue by more than 12% in Q1/18. FLY reported net income of $9.6 million, while acquiring one new aircraft on a long-term lease and signing deals to acquire 55 aircraft. read more
MAY 4, 2018 - 7:11 am