Recent Earnings

Hitachi Capital America Achieves 65% Funded Volume Growth in 2016

Hitachi Capital America reported $3.8 billion in funded volume in 2016, an increase of 65% from 2015. In addition, the company recorded $2.8 billion in total assets, up 44% from 2015. read more

Fleet Financing Resources Reports Record Year/Year Volume Growth

Fleet Financing Resources announced full year total funded volume in 2016 was a record $75 million, up 32% compared to 2015. read more

Snap-on Financial Portfolio Size Increases to $1.4 Billion

In its Q4/16 earnings release, Snap-on noted that its Financial Services related assets at year-end 2016 were $1,407 million, up 15.3% from $1,220 million a year earlier. read more

Pitney Bowes’ Financing Portfolio Drops Below $1.6B

According to Pitney Bowes’ 2016 earnings report, full year financing revenue of $366.5 million was down 10.6% from $410.0 million a year earlier. Finance receivables as of YE/16 of $1.6 billion was down from $1.7 billion. read more

Wintrust Commercial Finance Ends 2016 with $450MM in Assets

After its first full fiscal year of operation, Wintrust Commercial Finance reported more than $450 million in assets and originated $177 million in capital markets new business volume. read more

CIT Reports FY Net Loss, Results Impacted by Impairment, Other Charges

CIT Group reported a full year net loss of $861 million as results were impacted by a goodwill impairment charge and other charges related to the termination of a Canadian swap facility. read more

PACCAR Financial FY Earnings Off Despite Higher Revenues

PACCAR reported its Financial Services business earned $306.5 million in pretax profit in 2016 compared to $362.6 million in 2015. 2016 revenues of $1.19 billion compared to $1.17 billion in 2015. read more

PACCAR FY/16 Earnings Down On Lower Class 8 Sales, EC Settlement

PACCAR revenues of $17.03 billion in 2016 compared to revenues of $19.12 billion in 2015. The company noted class 8 retail sales in the U.S. and Canada were 216,000 units compared to 278,000 vehicles sold in 2015. read more

TCF FY Earnings Up on Higher Revenue, Originations Up 10.3%

TCF reported 2016 net income of $212.1 million was up 7.6% from a year earlier. TCF noted 2016 loan and lease originations of $16.8 billion were up 10.3% from the previous year. read more

Regents Capital Reports 35% Y/Y Funded Volume Growth

Regents Capital reported 35% year-over-year funded volume growth and a 100% year-over-year increase in company size and service offerings in 2016. read more

EverBank Q4/16 Equipment Finance Originations Down 21% Year/Year

EverBank announced equipment financing originations of $332 million in Q4/16 were down 21% from $420 million for the same quarter a year earlier. read more

Record Q4 Origination Volume Powers Marlin to 31.1% Increase in 2016

Marlin reported a quarterly record of $146.1 million in origination volume in Q4/16, boosting the equipment lessor to a mark of $504.3 million in total origination volume for 2016. read more

Cat Financial Reports 4% Decrease in New Business Volume in 2016

Cat Financial reported revenues of $2.60 billion for 2016, a decrease of $78 million, or 3%, compared with 2015. Profit was $384 million, a $76 million, or 17 percent%, decrease from 2015. read more

MULUSA CAF Closes $110MM in Transactions in First Nine Months

Mitsubishi UFJ Lease & Finance (U.S.A) Corporate Asset Finance Division reported its year-end results for 2016, which included 13 closed transactions totaling $110 million. read more

Caterpillar Q4/16 Sales Down 12.7%; NA Hurt by Low End-User Demand

Caterpillar reported Q4/16 sales and revenues of $9.6 billion, which was down 12.7% from the $11.0 billion recorded in Q4/15. In North America, sales decreased 13.5% year-over-year due to lowered end-user demand. read more

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Terry Mulreany
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