Cat Financial Q1/16 retail new business volume was $2.29 billion, down 7% from $2.47 billion a year earlier. Cat noted the decrease was primarily related to lower volume in the mining and marine portfolios. read more

APR 22, 2016 - 8:01 am

GATX reported Q1/16 net income of $69.3 million was up 11.4% from net income of $62.2 million in the same quarter one-year ago. Overall investment volume of $140.2 million was down 22.5% from $180.9 million in Q1/15. read more

APR 22, 2016 - 7:33 am

U.S. Bancorp reported Q1/16 earnings of $1.39 billion compared with $1.43 billion a year earlier. The bank noted the decrease was partially due to a 25% increase in loss provisions driven by energy-related commercial loans. read more

APR 21, 2016 - 6:36 am

Signature Bank reported Q1/16 earnings reached a record $104.0 million, up 24.8% from $83.4 million in the year earlier quarter. Signature noted since the end of Q1/15, loans have increased 29.8%, or 5.74 billion. read more

APR 21, 2016 - 6:21 am

MB Financial reported Q1/16 net income from its leasing segment, which encompasses three subsidiaries, was up 17% from a year earlier. read more

APR 20, 2016 - 6:09 am

Wintrust Financial reported Q1/16 net income was a record $49.1 million, up 26% from a year earlier. The bank noted an increase non-interest income was partially attributable to growth in the company’s leasing divisions. read more

APR 20, 2016 - 5:52 am

Wells Fargo added $30.8 billion of assets from GE Capital acquisitions in Q1/16 encompassing $4.1 billion from a rail car portfolio and $26.7 billion from C&I loans and leases. read more

APR 15, 2016 - 7:02 am

Bank of America reported Q1/16 net income of $2.7 billion, down 13% from $3.1 billion a year ago. Total revenue, net of interest expense, was $19.5 billion, down from $20.9 billion in Q1/15. read more

APR 15, 2016 - 6:48 am

PNC reported Q1/16 net income of $943 million was down from $1.0 billion a year earlier. The bank noted a higher provision for credit losses attributable to “certain energy related loans.” read more

APR 15, 2016 - 6:34 am

Franchisor Winmark reported net leasing income in Q1/16 was $3.6 million, down 38% from $5.8 million in Q1/15. Winmark noted “timing of customer activity in our leasing portfolio created variability in results.” read more

APR 14, 2016 - 6:49 am

JPMorgan reported Q1/16 net income of $5.5 billion was down 7% from Q1/15 on revenue of $24.1 billion, down from $24.8 billion a year earlier. EPS of $1.35 exceeded analysts’ expectations, but provision charges on Oil and Gas related investments hurt performance. read more

APR 14, 2016 - 6:11 am

According to the annual SunTrust Banks Business Pulse Survey, there is a significant shift in the growth strategies of middle-market and small businesses as they plan expansion in the next five years. read more

MAR 24, 2016 - 6:37 am

In its Q4/15 earnings report, the Chesswood Group said that Pawnee Leasing had originations growth of 37% while Blue Chip Leasing recorded a 47% increase. read more

MAR 18, 2016 - 6:38 am

FLY Leasing reported full-year net income of $6.6 million, down from $56.1 million a year earlier. FLY noted it took a non-cash aircraft impairment charge of $84.3 million during 2015. read more

MAR 14, 2016 - 6:52 am

Independent jet engine lessor Willis Lease Finance reported total revenues grew 14.5% to $199.6 million in 2015, fueled by higher portfolio utilization and a growing lease portfolio. read more

MAR 9, 2016 - 6:28 am