Recent Earnings

BB&T Reports Record Earnings of $842MM in Q2/2019

BB&T reported its earnings for the second quarter of 2019. Its record net income available to common shareholders was $842 million, up 8.6% compared with the second quarter last year. read more

Webster Reports Earnings of $1.05 Per Share in Q2/2019

Webster Financial saw earnings applicable to common shareholders of $96.2 million, or $1.05 per diluted share, for the quarter which ended June 30, 2019. read more

Wells Fargo Reports $6.2 Billion in Net Income in Q2/2019

Wells Fargo reported its preliminary financial results for the second quarter of 2019, including a net income of $6.2 billion, an 8% increase year over year from Q2/2018. read more

SMBC Reports $344MM Pre-Tax Profit at Fiscal Yearend

Aircraft lessor SMBC Aviation Capital reported its results for the financial year which ended March 31, 2019, including a pre-tax profit of $344 million, an increase of almost 8% year over year. read more

Chesswood’s Vendor Business, Tandem, Reaches $1MM in Q1 Originations

Chesswood announced Q1/19 results, including a 24% portfolio increase as well as the first $1 million in originations by its newly launched U.S. vendor finance business, Tandem Finance. read more

ECN Capital President Retires; Hudson Extends Contract to 2023

Steven Hudson, ECN Capital CEO, has agreed to extend his employment contract to 2023. ECN also announced the retirement of Jim Nikopoulos as President effective May 8, 2019. read more

Element Sees 38% Increase in Adjusted Operating Income Y/Y

Element Fleet Management reported financial results for the first quarter ended March 31, 2019 and further progress on the company’s client-centric transformation. Q1 adjusted operating income from core business increased 38% from Q1 2018 to $122 million. read more

AerCap Reports Financial Results for Q1/2019

Aircraft lessor AerCap reported its first quarter 2019 results, including net income of $234.2 million and diluted earnings per share of $1.68 for the quarter. read more

Marlin Reports Net Income of $5.1MM for Q1/2019

Marlin Capital Solutions reported first quarter 2019 net income of $5.1 million, or $0.41 per diluted share, compared with net income of $6.2 million, or $0.50 per share a year ago. read more

Avolon 2019 First Quarter Lease Revenue Down 4% Y/Y

International aircraft lessor Avaolon reported its results for the first quarter of 2019, including lease revenue of $616 million, down 4% from the same quarter in 2018. read more

OnDeck Reports $110.2MM Gross Revenue for Q1/2019, Up 22% Y/Y

Online lender OnDeck reported first quarter 2019 net income of $5.9 million, a decrease from the $14 million net income from Q4/2018, primarily due to higher loan loss provision, higher operating expenses and an accrual for income taxes. read more

PACCAR Achieves Record Revenues and Profits in Q1/2019

Truck manufacturer PACCAR reported record revenues for the first quarter of 2019, including a record net income of $629 million, which was 23% higher than the $512.1 million earned in the same period last year. read more

LendingTree Reports Consolidated Revenue of $262.4MM in Q1/2019

LendingTree reported its results for the quarter ended March 31, 2019, including a record consolidated revenue of $262.4 million, up 45% over Q1/2018. read more

Rush Enterprises Reaches $1.34B+ in Revenue in Q1/2019

Commercial vehicle dealership network Rush Enterprises achieved revenues of $1.348 billion and net income of $37.1 million for the first quarter of 2019, compared with revenues of $1.241 billion and net income of $21 million for the same quarter in 2018. read more

Cat Financial Reports $736MM in Revenue for Q1/2019

Cat Financial reported first-quarter 2019 revenues of $736 million, an increase of $46 million, or 7%, compared with Q1/ 2018. First-quarter 2019 profit was $98 million, a $7 million, or 8%, increase from Q1/2018. read more

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