Recent Earnings

Element Registers 47% New Originations Increase in Q4/15

Element Financial reported financial results for the three months and year ending December 31, 2015, which included a 47% increase in new originations during Q4/15. read more

DLL Reports 8.5% Y/Y Portfolio Growth Increase

DLL recorded a net profit of €525 million ($582 million) for full year 2015, representing an increase of 15.6% in performance compared to 2014. read more

Arvest Equipment Finance Reports Volume Growth in 2015

Arvest Equipment Finance reported a boost in volume in 2015, ending the year with $187.6 million in loans and leases, up more than 27.9% from 2014. read more

Medallion Financial Reports Record Full Year Results

Medallion Financial reported full year record earnings of $29.4 million and noted, on a combined basis with Medallion Bank, a net interest margin of 6.98% compared to 7.09% a year ago. read more

Snap-on Reports 15.9% Y/Y Finance Portfolio Growth

Snap-on reported finance receivables at year-end 2015 of $1,220 million were up 15.9% from $1,052.9 million at year-end 2015. read more

Marlin Business Services Reports 21% Increase in Origination Volume

In its Q4/15 earnings release, Marlin Business Services reported Q4/15 lease and loan origination volume of $107.6 million for the quarter, up 21% or $18.3 million compared to the $89.4 million registered in Q4/14. read more

CIT Reports 27% NA Banking, Transportation & International Asset Growth

CIT reported its combined North American Banking and Transportation & International Finance leasing and financing assets grew 27% from a year earlier. read more

PACCAR Reports FY Earnings Record; Excellent PFS Portfolio Performance

PACCAR reported record annual revenues of $19.2 billion and record net income of $1.60 billion in 2015. Additionally, PACCAR Financial was said to have achieved “excellent annual results.” read more

Cat Financial FY/15 Earnings, New Business Volume Down Y/Y

Cat Financial earnings were down 14% on lower average earning assets and lower average financing rates. Retail new business volume of $11.42 billion in 2015 was down 10% or $1.26 billion from 2014. read more

TCF Financial Equipment Finance Earnings Up on Portfolio Growth

TCF Financial reported its equipment finance business interest income of $175.6 million was up 7% from $167.0 million a year earlier. The bank noted equipment finance net assets of $4.0 billion were up from $3.7 billion a year earlier. read more

Caterpillar Sales Fall Amid Weak Global Growth, Commodity Prices

Caterpillar said Q4/15 and FY/15 sales and revenues declined due to weakening economic growth and substantially lower commodity prices. In its outlook, Caterpillar said it expects more of the same in 2016. read more

EverBank Q4 Equipment Financing Volume Up 17% Y/Y

EverBank reported Q4/15 equipment financing originations of $420 million were up 22% sequentially from $345 million and 17% compared to $358 million a year earlier. Portfolio growth of 18% was also noted. read more

Boeing YE 2015 Backlog Valued at $432 Billion

Boeing reported its commercial airplanes segment booked a record 768 net orders in 2015 and ended the year with a backlog of nearly 5,800 aircraft valued at $432 billion. read more

MB Financial Reports Y/Y Lease Financing Noninterest Income Up 19%

MB Financial reported lease financing noninterest income for the year ended 12/31/15 was $76.6 million, up 19% from $64.3 million a year earlier. MB noted the increase resulted from higher fees, promotional revenue and higher lease residual realization. read more

SunTrust Reports 24% Q4 Earnings Increase

SunTrust reported Q4/15 net income of $467 million was up 24% from $378 million for the same period one year ago. read more

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Terry Mulreany
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