Deere & Company reported an 11% decrease in worldwide net sales and revenues for the third quarter ended Aug. 2, 2020. Conversely, the company reported a 5% increase in net income from financial services. read more

AUG 26, 2020 - 7:44 am

AeroCentury, an independent aircraft leasing company, reported a Q2/20 net loss of $13.5 million compared with a net loss of $0.1 million for Q2/19. read more

AUG 17, 2020 - 7:17 am

Alta Equipment Group reported that net revenues in Q2/20 increased to $192.1 million in Q2/20, which marked a 41.4% year-over-year increase compared with the $135.9 million recorded in Q2/19. read more

AUG 17, 2020 - 7:13 am

Chesswood Group, a North American commercial equipment finance provider for small and medium-sized businesses, reported its Q2/20 results and provided a COVID-19 update, noting that COVID-19 related deferrals declined and 66% of the company’s portfolio is made up of prime credits. read more

AUG 11, 2020 - 6:53 am

Bombardier reported revenues of $2.7 billion during Q2/20, reflecting a lower level of production activity and deliveries in the quarter as operations at sites across North America and Europe were temporarily suspended due to the global COVID-19 pandemic. read more

AUG 10, 2020 - 7:02 am

Air Lease reported that Q2/20 revenues of $521 million increased 10.6% and that it sold four aircraft during the quarter resulting in approximately $87 million in sales proceeds. read more

AUG 7, 2020 - 7:57 am

BlackRock TCP Capital, a business development company, reported net investment income for the quarter ended June 30, 2020 of $21.1 million. In addition, Andrea Petro was appointed to the board of directors as Brian Wruble retired. read more

AUG 7, 2020 - 7:49 am

Ritchie Bros. reported total revenue in Q2/20 decreased 1% to $389.1 million compared with Q2/19 and that inventory sales revenue in Q2/20 decreased 2% to $154.9 million compared with Q2/19. read more

AUG 7, 2020 - 7:44 am

Willis Lease Finance reported a 21.7% year-over-year decrease in total revenue in Q2/20 due primarily to the impact of the COVID-19 pandemic on the aviation industry, which generally led to reduced revenues in the company’s core leasing business. read more

AUG 6, 2020 - 7:51 am

Cat Financial reported Q2/20 revenues of $641 million, a decrease of $116 million, or 15%, compared with Q2/19. Q2/20 profit was $59 million, a $20 million, or 25%, decrease from Q2/19. read more

JUL 31, 2020 - 7:10 am

Marlin Business Services reported a Q2/20 net loss of $5.9 million, an improvement from its Q1/20 net loss of $11.8 million, and $67.2 million in new business volume, down 71% year over year. read more

JUL 31, 2020 - 6:54 am

International aircraft leasing company Avolon reported lease revenues for Q2/20 were $619 million. Avolon also executed a total of 16 lease transactions in the quarter comprising new aircraft leases, follow-on leases and lease extensions. read more

JUL 31, 2020 - 6:49 am

Wintrust Financial reported that its leasing business grew during Q2/20, with its portfolio of assets, including capital leases, loans and equipment on operating leases, increasing by $231.2 million to $2 billion at the end of Q2/20. read more

JUL 23, 2020 - 7:42 am

Ascentium Capital reported Q2/20 funding volume of $255.0 million, with year-to-date funding volume of $620.5 million. This enabled the company to achieve a new portfolio milestone, reaching $2.5 billion in managed assets. read more

JUL 22, 2020 - 7:15 am

PACCAR Financial Services reported Q2/20 pre-tax income of $55.5 million compared with $80.3 million earned in the second quarter last year. In addition, PACCAR reported net income of $147.7 million in Q2/20 compared with $619.7 million earned in the same period last year. read more

JUL 22, 2020 - 7:06 am