HPE reported its Financial Services unit net portfolio assets at fiscal year-end 2016 of $12.8 billion was up from $12.3 billion a year earlier. Financing volume of $6.48 billion compared $6.50 billion in fiscal 2015. read more

DEC 19, 2016 - 7:49 am

Deere & Company reported earnings from its John Deere Capital subsidiary of $81.7 million and $341.6 million for Q4/16 and full year were down 33% and 31%, respectively, on less favorable spreads, losses on residual values and higher provision charges. read more

NOV 28, 2016 - 8:00 am

Deere & Company reported lower sales and earnings compared to the same year-ago periods. The company noted that its year/year performance was impacted by the global farm recession and week construction-equipment markets. read more

NOV 28, 2016 - 6:23 am

FLY Leasing reported Q3/16 net income of $22.9 million was down from $27.5 million a year earlier. Operating lease rental revenue of $82.7 million was down from $104.4 million in Q3/15. read more

NOV 18, 2016 - 6:31 am

Element Fleet Management reported Q3/16 originations of $1.57 billion, up 40% from $1.12 billion in Q3/15. Service and fee revenue of $128.8 million represented 56% of total fleet revenue versus 45% in Q3/15. read more

NOV 15, 2016 - 7:36 am

ECN Capital reported Q3/16 after-tax adjusted operating income of $27.4 million was up from $26.9 million in Q3/15. Total earning assets and assets under management of $7.5 billion were up 19% from $6.3 billion a year earlier. read more

NOV 15, 2016 - 7:27 am

Willis Lease Finance reported net income for Q3/16 increased by $1.4 million or 56% to $4.0 million from $2.6 million in Q3/15. read more

NOV 7, 2016 - 7:24 am

Hyster-Yale Materials Handling announced Q3/16 lift truck revenues and operating profit decreased as a result of lower shipments and deal-specific price reductions. read more

NOV 7, 2016 - 6:53 am

Small business lender OnDeck announced a Q3/16 net loss of $16.6 million compared to net income of $3.7 million a year earlier. The company noted its provision for loan losses charge of $36.6 million was up 126% from $16.2 million a year earlier. read more

NOV 4, 2016 - 6:56 am

Air Lease said Q3/16 earnings of $93.3 million were up 21.1% from $77.0 million a year earlier on record revenues of $355.1 million. read more

NOV 4, 2016 - 6:26 am

In its Q3/16 earnings release Global Jet Capital reported that enquiries to finance mid to heavy private jets during Q3/16 were 59% higher than Q2/16 and 240% higher than Q3/15. read more

NOV 3, 2016 - 2:25 pm

Volvo Financial Services reported business YTD operating income of $169 million was up 3.2% from the same period one year ago as credit provision expenses were down 24% from the same period in 2015. read more

NOV 2, 2016 - 6:49 am

CNH announced that in Q3/16, retail loan originations were $2.2 billion, relatively “flat” compared to the same period in 2015. The managed portfolio of $24.8 billion was up $300 million year over year. read more

NOV 1, 2016 - 6:21 am

Marlin reported origination volume for Q3/16 of $128.3 million marked the fourth consecutive quarter of record origination volume. The company noted its investment in loans/leases of $756.1 million was also an all-time record. read more

OCT 28, 2016 - 7:00 am

Rush Industries Class 8 sales in Q3/16 were consistent with industry activity, decreasing 31.5% year over year. read more

OCT 28, 2016 - 6:37 am